It emphasizes the virtual elimination of business errors.

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Question restatement: The prompt asks which concept emphasizes the virtual elimination of business errors.
Option 1: Lean. Lean focuses on eliminating waste and improving flow and efficiency in processes. While it reduces errors indirectly by removing non-value-added steps, its primary aim is speed and efficiency rather than near-elimination of defects.
Option 2: Quality Control. Quality Control is concerned with inspecting products or outputs to detect defects after they occur. It emphasizes detection and verification rather than the proactive prevention of defects, so it does not specifically target virtual elimination of errors.
Option 3: Six Sigma. Six Sigma is a methodology that seeks to reduce process variation and defects to near-zero levels, often quantified as 3.4 defects per million opportunities. The phrase virtual elimination of business errors aligns closely with its goal of dramatically lowering defects through DMAIC and rigorous statistical methods.
Option 4: Quality Management. Quality Management encompasses a broader philosophy and set of practices for ensuring quality across an organization, including planning, assurance, and improvement. While it supports reducing errors, it does not inherently center on virtually eliminating errors to the extent Six Sigma does.
In summary, the option most closely associated with the explicit aim of virtually eliminating defects through rigorous statistical problem solving and process improvement is the one that centers on reducing defects to near zero, whereas the other options target different aspects of quality and process improvement.

2025 Win BUSM 381 Sec01 Chapter 11A Quiz

It emphasizes the virtual elimination of business errors.

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