True

Step-by-step explanation

Lower levels of the company should be consulted with what they essentially require and what they could contribute, utilizing their abilities and potentials on a specific project, as the case may be, because they have firsthand experience with operations and are informed about the process. As a result, senior managers must anticipate future disputes in order to be proactive in such situations and take corrective action as soon as possible. These iterative processes would be beneficial in avoiding unneeded stumbling blocks during the implementation phase.

The iterative process is the method of developing, refining, and improving a project, product, or initiative in small increments. Iterative development teams create, test, and revise until they are satisfied with the final product. An iterative approach can be thought of as a trial-and-error strategy for getting your project closer to its eventual aim.

Iterative processes are a key component of lean techniques and project management, however they may be used by any team. You'll keep improving your design, product, or project during the iterative phase until you and your team are satisfied with the final project deliverable.

The activity of refining and developing a product, process, idea, or endeavor via several iterations is known as an iterative process. These iterations are part of a cyclical process in which steps are repeated instead of a linear process in which each step occurs only once.

Teams build, test, and modify their product or solution in an iterative setting until they achieve a consensus on the quality of the ultimate result or deliverable. In certain senses, an iterative process is a trial-and-error approach of making repeated modifications and improvements to meet a project's stated objectives.

https://www.myaccountingcourse.com/accounting-dictionary/iterative-process