American Express and Discover Card Are Examples of Open Loop

question 80

True/False

American Express and Discover card are examples of open loop systems.

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Definitions:

Psychological Capital

A positive psychological state characterized by self-efficacy, optimism, hope, and resilience, influencing an individual's performance and well-being.

Challenging Jobs

Positions or roles that present substantial challenges, requiring skill, effort, and creative problem-solving.

Theoretical Basis

Refers to the foundational concepts and principles that underpin a particular area of study or discipline.

Predict Behaviour

The process of forecasting future actions based on past and present patterns of behavior.