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Closed-loop communication is a process used to ensure that information is accurately received and understood between parties. This type of communication typically involves a sender transmitting a message to a receiver, who then confirms receipt and understanding of that message before taking any actions based on it. The key components of closed-loop communication include: 1. **Transmission**: The sender conveys a message. 2. **Acknowledgment**: The receiver acknowledges they have received the message, often by repeating or paraphrasing it.

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  1. Risk management
  2. Actuarial science
  3. Applied mathematics
  4. Fields of mathematics
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