The term "six sigma" is based on a statistical measure that equates to at most 3.4 errors or defects per million opportunities

Indicate whether the statement is true or false


T

Business

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Jimmy Lane, the owner of a convenience store, suspects that Tom has shoplifted a can of pop. Jimmy approached Tom and demanded to look into his backpack

Tom refused whereupon Jimmy grabbed Tom, spun him around and opened his backpack to discover the can of pop. Which of the following statements best describes the legal position? A) Tom has committed the tort of conversion B) Jimmy has committed the tort of false imprisonment C) Jimmy has not committed any torts D) Jimmy has committed the tort of assault E) Both A and D

Business

Describe failure and its effect on entrepreneurs.

What will be an ideal response?

Business

Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inventory costs?

A) specific identification B) weighted-average C) last-in, first-out D) first-in, first-out

Business

Assume that you have $100,000 invested in a stock whose beta is .85, $200,000 invested in a stock

whose beta is 1.05, and $300,000 invested in a stock whose beta is 1.25. What is the beta of your portfolio? A) 0.97 B) 1.21 C) 1.02 D) 1.12

Business