The Communication Process Begins with the Process of _____,Which Leads

question 23

Multiple Choice

The communication process begins with the process of _____,which leads to the development of a _____ that contains the information or meaning a source hopes to convey.

• A)encoding;message
• B)encrypting;transmission
• C)encoding;response
• D)decoding;message
• E)decoding;transmission

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Definitions:

Federal Funds

The reserve balances that commercial banks hold at their regional Federal Reserve Bank, often lent overnight to other banks to help meet reserve requirements.

Functional Competition

Refers to competition among businesses that offer different goods or services that meet the same customer need or desire.

Direct Competition

Businesses or products that target the same customers and satisfy the same needs.

Lateral Competition

Competition between companies that offer the same or similar goods or services within the same industry.