Which of the Following Is True About the Six Sigma

question 29

Multiple Choice

Which of the following is true about the Six Sigma process?

• A)It focuses on the end product of employee satisfaction.
• B)It terminates once the processes have been brought within the Six Sigma standards.
• C)It strives to attain quality through supervision of daily work,not through training.
• D)It discourages employees from lean thinking.
• E)It aims to create a total business focus on serving the customer.

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Definitions:

FMV

Fair Market Value; the price that property would sell for on the open market between a willing buyer and a willing seller.

Basis

In tax terms, it refers to the amount of a taxpayer's investment in property for tax purposes, used to calculate gain or loss on the sale or disposition of the property.

Inventory

Assets that are held for sale in the ordinary course of business, or in the process of being produced for such sale, or in the form of materials to be consumed in the production process.

Sole Proprietor

An individual who owns and operates a business by themselves, without forming a corporation or a partnership, bearing full responsibility for the business's debts and obligations.