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An open-ended question is a question that cannot be answered with a "yes" or "no" response, or with a static response. Open-ended questions are phrased as a statement which requires a longer answer. They can be compared to closed-ended questions which demand a “yes”/“no” or short answer. [1]
Open systems have input and output flows, representing exchanges of matter, energy or information with its surroundings. An open system is a system that has external interactions. Such interactions can take the form of information, energy, or material transfers into or out of the system boundary, depending on the discipline which defines the ...
Open-ended may refer to: Open-ended (gameplay), dynamic situations or scenarios that allow the individual to determine the outcome; Open-ended (poker), situation in poker where the player has four of five cards needed for a straight that can be completed at either end; Open-ended contract, a contract with no definite time limit
Key takeaways. An open-end mortgage provides financing to help you buy a home now and renovate it in the future. Open-end mortgages work similar to a home equity line of credit, but you can only ...
An open-ended investment company (abbreviated to OEIC, pron. /ɔɪk/) or investment company with variable capital (abbreviated to ICVC) is a type of open-ended collective investment formed as a corporation under the Open-Ended Investment Company Regulations 2001 in the United Kingdom. The terms "OEIC" and "ICVC" are used interchangeably with ...
To determine if a causal loop is reinforcing or balancing, one can start with an assumption, e.g. "Variable 1 increases" and follow the loop around.
Open-end fund (or open-ended fund) is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself, rather than from the existing shareholders.
Open architecture is a type of computer architecture or software architecture intended to make adding, upgrading, and swapping components with other computers easy. [1] For example, the IBM PC , [ 2 ] Amiga 2000 [ 3 ] and Apple IIe have an open architecture supporting plug-in cards, whereas the Apple IIc computer has a closed architecture .