The Concept That Iteration Results in Improvement Is Implemented in the Methodology

question 69

True/False

The concept that iteration results in improvement is implemented in the methodology of $\text {\underline{ continuous process improvement (CPI)} }$

._________________________

---

Definitions:

Bait and Switch

A deceptive marketing strategy where a customer is attracted by the advertisement of a low-priced item but is then persuaded to buy a more expensive one.

Factory Seconds

Products that are not sold as 'first-quality' due to minor defects or imperfections, often available at reduced prices.

Power Drill

A tool equipped with a cutting tool attachment or driving tool attachment, usually a drill bit or driver bit, used for drilling holes in various materials or fastening materials together.

Profit-Oriented

A business approach or objective focusing on generating financial gain and maximizing profit margins.