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Encoding Is the Process of Translating the Message into a Meaningful

question 16

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Encoding is the process of translating the message into a meaningful form and determining if feedback,a response,or a new message is needed.


Definitions:

Estate Planning

The process of arranging the management and disposal of a person’s estate, taking into account the legal, financial, and personal preferences of the individual.

Early Retirement Incentive Programs

Special offers made by employers to encourage employees to retire earlier than the typical retirement age, often involving benefits like financial bonuses.

Flexible Benefits Program

A benefits plan that allows employees to choose from a range of benefit options to customize their compensation package according to their personal needs and preferences.

Stock Options

These are contracts that give the holder the right to buy or sell shares of a stock at a predetermined price within a specific time period.

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