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Illustrate Weick's process of sense making, and explain its importance to organizational communication.
Foreign Exchange Gain
Profit realized from the conversion of foreign currency into the domestic currency at a higher exchange rate than when it was acquired.
Accounts Payable
A liability to a creditor, carried on an open account, usually for purchases of goods and services.
Net Income
The income that remains in a business after all costs and expenses have been subtracted from total revenue, indicative of the financial performance.
Cash Flow Hedge
A financial instrument intended to offset potential losses or gains that could be incurred by future cash flows, acting as a buffer against currency, interest rate, or commodity price changes.
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