Which of the following statements regarding Six Sigma is correct?

The chosen statement accurately captures one of the core principles of Six Sigma. The methodology is fundamentally designed to reduce variation and minimize defects in processes across a variety of industries, not limited to manufacturing. This focus on variation and defect reduction allows organizations to improve quality, enhance efficiency, and ultimately increase customer satisfaction.

By systematically identifying and eliminating defects, Six Sigma utilizes data-driven approaches and statistical tools to streamline processes and improve overall performance. This is particularly important because defects can lead to increased costs, wasted resources, and dissatisfied customers.

The other options do not fully represent the broader applicability of Six Sigma. For instance, while it can be effective in financial processes, it is not restricted to them; it has successful applications in numerous sectors including healthcare, service industries, and logistics. Additionally, Six Sigma does have a strong emphasis on statistical measurement, but it is not limited to this alone as it encompasses a holistic approach to process improvement that includes techniques such as defining goals and understanding customer needs. It is this comprehensive nature that enables organizations to achieve sustainable quality improvements.