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liq [111]
2 years ago
9

Business had been humming along just fine until the recession hit. Peterbilt adjusted by laying off employees until the recessio

n ended then hired them back. Then it was back to business as usual. This is an example of _________.
Business
1 answer:
yKpoI14uk [10]2 years ago
4 0

Answer: The calm waters metaphor

Explanation:

Metaphor is the use of a word or phrase in an indirect way.

Calm Water’s Metaphor: This could be seen as the occasional distruption of organizational plans or events. In a calm metaphor concepts, organizations change into a new state of Planning.

The organization has an upward and downward period. It is characterised by fluctuations in organizational planning and events. The calm waters metaphor opined that change is an occasional disruption in the normal flow events in an organization and can be planned and managed as it happens unlike white-water rapid metaphor.

In calm water metaphor, plans can be made during the changing period.

• Change normally comes in form of an occasional storm, like a calm and predictable trip or may be like a brief distraction. According to the calm waters rapids metaphor, changes can be seen as an occasional disruption of the normal flow of events.

• In calm waters metaphor context, organizations follow - unfreezing the present status quo such as rules, regulations and culture, changing into a new state where employees need to accept change and then refreezing these changes to be permanent.

• Until a new changed is posed in front of the organization, it will be continuing in the same state.

. In the white-water rapids metaphor change is ongoing, and managing it is a continual process.

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Abbie Marson is the sole owner and operator of Great Plains Company. As of the end of its accounting period, December 31, Year 1
Allisa [31]

Answer:

b. $103,345

Explanation:

Assets = Liabilities + Owner's Equity

Owner's Equity (Year 1) = $908,100 - $267,845

                                       = $640,255

Owner's Equity (Year 2) = $980,279 - $233,892

                                        = $746,387

increase in Owner's Equity = Owner's Equity (Year 2) - Owner's Equity (Year 1)  

                                             = $746,387 - $640,255

                                             = $106,132

Net income during Year 2 = Increase in Owner's Equity - Additional investment + Withdrawals

                                            = $106,132 - $28,658 + $25,871

                                            = $103,345

Therefore, the amount of net income during Year 2 is $103.345.

7 0
3 years ago
For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall
bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.  

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.  

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.  

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0
2 years ago
Two types of deposit accounts are
andre [41]

Answer:

checking and saving

Explanation:

when you opening a new bank account. the bank will ask you want to open a checking and saving account or both

4 0
3 years ago
The following selected account balances appeared on the financial statements of Washington Company:
torisob [31]

Answer:

The net Cash collections from customers were $85683.

Explanation:

The direct method for calculating net cash flow involves deducting from cash sales only operating expenses that needed cash.

Cash collections from customers by Washington company are:

Accounts Receivable, January 1 + Sales - Accounts Receivable, December 31

=$16,099 + $76,821 - $7,237

=$92,920-$7,237

=$85683

The net Cash collections from customers were $85683.

5 0
2 years ago
During a concealment investigation, an investigator fails to recognize that an invoice had been forged. This represents a: a. no
Ivanshal [37]

Answer:

a. non-sampling risk.

Explanation:

  • A non-sampling risk includes all the audit risk other than the sample risk and is stated as the probability of getting to an incorrect conclusion in the site of having a correct sample. Examples include the  inappropriate audit procedures.
7 0
3 years ago
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