The 'Pareto Principle' is also commonly known as which of the following?

__________ is an approach to managing an organisation that supports continuous improvement; a long-term approach to work that systematically seeks to achieve small, incremental changes in processes in order to improve efficiency and quality.

Match List-I (Six Sigma Roles) with List-II (Key Responsibilities): List-I: I. Champion II. Black Belt III. Green Belt IV. Yellow Belt List-II: (a) Lead and support Six-Sigma projects, align them with organizational goals, and secure necessary resources. (b) Act as subject-matter experts and provide guidance and coaching to project teams. (c) Participate in Six-Sigma projects, assist with data collection and analysis, and support improvement efforts. (d) Serve as team members, support project activities, and assist with basic data collection. Choose the correct answer from the options given below: