Only a Few Pure-Play Virtual Banks Failed by 2003 Due

question 32

True/False

Only a few pure-play virtual banks failed by 2003 due to lack of financial viability.

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Definitions:

Decoding

The process of interpreting and understanding a message that has been received.

Perception

The process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment.

Noise

Any unwanted or disruptive sound that interferes with clear auditory communication, but in a communication context, it refers to any factor that distorts or hinders the reception of a message.

Clampitt's Strategies

A set of communication strategies proposed by Phillip G. Clampitt for effective organizational communication.