Lean Six Sigma Is Simply the Union of Lean Approaches

question 20

True/False

Lean Six Sigma is simply the union of lean approaches with quality improvement techniques, each of which has been used independently in other applications.

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Definitions:

Inflationary Pressures

Economic conditions that lead to an increase in prices across the board, reducing purchasing power.

Market Returns

The financial gain or loss that an investment or economic activity brings over time, often related to the supply and demand in a marketplace.

Mandatory Benefit

An employee benefit, such as social security or workers' compensation, that is required by law.

Canada Pension Plan

A government-run retirement pension plan in Canada that provides contributors and their families with partial replacement of earnings in the case of retirement, disability, or death.