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Founded in 1998 by Larry Page and Sergey Brin, Google has grown from a two-person company with no revenue to a company valued at more than $150 billion. Google both created and continues to transform the world of online search and advertising. As part of their HR management philosophy, which of the following cultural values does Google hold important?
Utility Function
A mathematical representation describing how consumers rank different bundles of goods based on the level of satisfaction they provide.
Marginal Utility
The extra pleasure or benefit derived from the consumption or utilization of an additional unit of a product or service.
Marginal Utility
The additional satisfaction or usefulness obtained from acquiring or consuming one more unit of a good or service.
Risk Averse
A characteristic of individuals who prefer to avoid risk, choosing certainty over uncertainty even if it results in a potentially lower return.
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