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You are a Six Sigma Yellow Belt at a financial institution working on a project to reduce the time it takes to process loan applications.
You are a Six Sigma Yellow Belt at a financial institution working on a project to reduce the time it takes to process loan applications. After analyzing the current process, you've identified that the major delays occur during the credit check stage. Question 15 options: Introduce a new software tool for the credit check process without analyzing its impact on existing operations Implement a new policy that prioritizes certain loan applications and fast-tracks them through the credit check stage Streamline the credit check process by identifying and eliminating non-value-added steps and inefficiencies Hire additional staff to expedite the credit check process and reduce delays Outsource the credit check process to a third-party company to reduce the workload on the internal team
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