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The answer is Products

The term that best completes the diagram is product. In the chart, there are household expenses and the household receives the product.

What is an expense?

Expenditures are payments in cash or with credit to buy products.

There are two types of expenses:

  • Capital
  • Income

It is calculated as a one-time purchase time. In the diagram,  we receive products from the product market in a single payment.

A cause and effect diagram is a tool that helps to identify, organize and display the

possible  causes of a specific problem or quality characteristic (see Diagram 1). It graphically  illustrates the

relationship between a given result and all of the factors affecting the

result. This type of diagram is sometimes referred to as an "Ishikawa diagram"

because it was invented by Kaoru Ishikawa, or a "fishbone diagram" because of its appearance

  •  When should a team use a cause-and-effect diagram?  Creating a cause and effect diagram can help your team when you need it
  • !Identify  possible root causes, the primary reasons for a particular effect,  problem, or condition.
  • ! Map and relate some of the interactions between the factors affecting a  particular process or effect.
  • ! Analyze existing issues so  corrective action can be taken. Why should we use a cause and effect diagram?
  • A cause and effect diagram is a useful tool to identify and organize known or possible causes of quality or  lack thereof. The structure that the chart offers helps team members to think  very systematically. Some of the  benefits  of creating a Cause and Effect Diagram (Viewgraphs 2) are that ! Helps identify the root causes of a issue or quality characteristic  using a structured approach.! Encourage group participation and leverage the group's knowledge of the  process. Use a concise, easy-to-read format to graph cause-and-effect  relationships.
  • !Shows possible causes for fluctuations in a process.
  • ! Increases  process awareness by helping everyone  learn more  about the factors involved and how they relate.
  • ! Identifies areas where data should be collected for further study.

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