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The Following Are the Main Methods That Firms Use to Send

question 47

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The following are the main methods that firms use to send and receive money electronically:


Definitions:

Feedback

Information provided as a response to a process or activity, used to affirm or improve future actions and decisions.

Communication Process Model

A framework for understanding how communication is sent, received, and interpreted between two or more parties.

Noise

Unwanted or irrelevant sounds that interfere with or distort communication and comprehension.

E-mail

A technique for sending digital messages over the Internet or various computer networks.

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