Six Sigma

Six Sigma A quality-control system first developed at the US telecoms company Motorola in 1986 and later adopted by many large industrial businesses, including General Electric. The process systematizes production with the objective of reducing flaws to 3.4 defects per million. It involves five key stages, often summarized in the acronym DMAIC (pronounced ‘duh-may-ick’): (i)define goals; (ii)measure the current process; (iii)analyse data; (iv)improve the process; and (v)control future production so that faults are eradicated before they can occur.

• statement of affairs
• Statement of Auditing Standards
• statement of cash flows
• statement of changes in equity
• statement of changes in financial position
• statement of comprehensive income
• Statement of Financial Accounting Standards
• statement of financial position
• statement of movements in shareholders’ funds
• Statement of Standard Accounting Practice
• statement of terms of employment
• statement of total recognized gains and losses
• STATEMENTS OF STANDARD ACCOUNTING PRACTICE
• state ownership
• State Second Pension
• static risk
• Stationery Office
• statistical demand analysis
• statistical process control
• statistics
• statute-barred debt
• statutory accounts
• statutory audit
• Statutory Audit Directive
• statutory books