Implementation of a Six Sigma Program Typically Involves

question 9

Multiple Choice

Implementation of a Six Sigma program typically involves:

• A)Applying for the Malcolm Baldrige Award.
• B)Setting up training at various levels including green belt and black belt training.
• C)A cost of quality analysis.
• D)None of these are usually involved in implementing Six Sigma.

---

Definitions:

Game Theory Matrix

A table used in game theory that shows the payoffs for each player for every possible combination of actions.

Collusion

An agreement, usually secretive, between two or more parties to limit competition and manipulate market conditions in their favor.

Outcome

The result or effect of an action, situation, or event, typically one that is important or considered significant.

Duopoly

Duopoly is a market structure characterized by two firms controlling the majority of the market share, often leading to strategic behavior in price and output decisions.