Which of the following is not one of the five different "laws" used in the Lean Six Sigma approach?
A) The law of the market
B) The law of flexibility
C) The law of focus
D) The law of velocity
E) The law of quality
E
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The justification for prepayment penalties is to:
A. make up for the interest lost for lenders B. offset the lender's capital investment in the loan C. punish the borrower for being late D. pay for additional collection costs for lenders
Market capitalism is an economic system in which:
A) individuals and firms allocate resources that are privately owned. B) the state has broad powers to serve the public interest as it sees fit. C) market resource allocation is commanded by both private and state ownership. D) there is no correlation between economic freedom and a nation's economy. E) market-oriented economies function in an identical manner.