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Deming's Quality Circle (A) is more of a quality management concept rather than a formal business analysis approach.
B. Lean → Lean focuses on eliminating waste and improving efficiency, which is commonly applied in business process improvement and software development. C. Six Sigma → Six Sigma is a data-driven approach focused on reducing defects and improving quality through methodologies like DMAIC (Define, Measure, Analyze, Improve, Control). D. Waterfall approach → Waterfall is a predictive methodology where business analysis is conducted in phases, with each phase completed before moving to the next. It is widely used in structured projects.
Waterfall approach