Which of the following is NOT a type of business improvement process?

Financial auditing is not considered a type of business improvement process because it primarily focuses on evaluating and verifying the financial records and statements of an organization to ensure accuracy and compliance with regulations. While financial auditing can reveal areas where a business may improve its financial practices, it does not directly aim to enhance processes or quality in the same way that methodologies specifically designed for business improvement do.

In contrast, Six Sigma, Total Quality Management (TQM), and Lean are all established methodologies that share the goal of improving business processes. Six Sigma focuses on reducing defects and ensuring quality through statistical analysis. TQM emphasizes continuous improvement and customer satisfaction across all functions of an organization. Lean aims to maximize value by minimizing waste and improving workflow efficiency. These methodologies actively engage in refining operations and enhancing performance, thus categorizing them as business improvement processes.