Teresa Was Married on November 1 of This Year and on That

question 58

Essay

Teresa was married on November 1 of this year and on that day received numerous gifts from her extended family. Her grandfather presented Teresa with a check for $15,000; her uncle gave Teresa 1,000 shares of Ford stock worth $10 per share (the uncle purchased the shares for $25 each); and her aunt presented Teresa with $50,000 of corporate bonds (Teresa received $1,500 of semiannual interest from the bonds on December 31 of this year). Finally, Teresa's parents paid off $50,000 of her student loans debt including $2,000 of accrued interest. What amount, if any, must Teresa include in gross income this year?

Understand the basic concepts and principles of systems theory as applied to organizational communication.

Recognize the significance of various systems concepts like entropy, nonsummativity, and equifinality in analyzing organizations.

Identify the role of equivocality in organizational communication and how it's managed.

Explain the process of sense-making in organizations as described by Weick.

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Definitions:

Free Speech

The right to express one's opinions openly without governmental restraint.

Manufacture of Consent

A concept in media and communications indicating the manipulation of public opinion to serve the interests of a governing elite.

Public Opinion

The aggregate of individual attitudes or beliefs held by the adult population concerning social, economic, and political issues or policies.

Mass Consumption

The widespread purchasing and use of goods and services by a large portion of the population.