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Decoding Is the Sender's Process of Putting the Message into a Form

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Decoding is the sender's process of putting the message into a form that the receiver will understand.


Definitions:

New

Recently developed, created, or having started to exist not long ago.

Different Business Areas

Various sectors or segments within the broader business landscape, each with its own specific focus and expertise.

Related Diversification

A strategy where a company expands its operations into areas that are similar to its current lines of business to exploit shared operations or knowledge.

Acquiring New Businesses

The process by which a company purchases other companies to expand its operations, increase its market share, or gain access to new markets or products.

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