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Describe the "calm waters" view of organizational change.
Plant Assets
Long-term tangible assets that are used in the production of goods or services, such as buildings, machinery, and equipment.
Salvage Value
The estimated residual value of an asset at the end of its useful life, reflecting what it could be sold for or scrapped.
Book Value
The net value of a company's assets as recorded on the balance sheet, typically used as a measure to assess whether a stock is under- or overvalued.
Historical Cost
The original monetary value of an asset or transaction, based on the purchase price or cost at the time of acquisition.
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