What Is the Process Model of Communication? a Sender Originates

question 76

Essay

What is the process model of communication? A sender originates the message with a thought.The sender encodes the message,translating the idea into words.The medium of this encoded message may be spoken words,written words,or signs.The receiver is the person who receives the message.The receiver decodes the message by assigning meaning to the words.Medium;Knowledge

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Definitions:

Electronic Funds Transfer System

A system that allows the transfer of money between accounts via electronic signals or computer networks, without the need for physical exchange of money.

Wire Transfers

Electronic methods of moving funds from one bank account to another, either within the same institution or across different institutions.

Point-of-sale Terminals

Electronic devices used in retail locations to process card payments, managing sales and customer transactions directly at the time and place of purchase.

EFTA

The European Free Trade Association, an intergovernmental organization promoting free trade and economic integration to the benefit of its four European member states.