ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

QUALITY CONTROL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Pareto Charts are____
A
A form for systematically collecting data describing the frequency of various effects
B
Analysis tools to help focus on a small number of problems or effects but with the greatest impact (using a priority scale)
C
A graph form that shows the dispersion of data. From this graph we can make an analysis of the characteristics and causes of the dispersion
D
Analysis tool to find out the causes (variation of causes) of a problem
Explanation: 

Detailed explanation-1: -Pareto chart is used extensively in quality management to prioritize the various root causes and problems. This helps in focusing on eliminating the critical few. Pareto chart and technique is based on Pareto Law, which says that 80% of the problems are caused by 20% of the root causes.

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