Much of Google's Success Is Based on the Ten Guidelines

question 149

Multiple Choice

Much of Google's success is based on the ten guidelines of its corporate philosophy.Guideline 9 states, "You can be serious without _________."

• A)a PhD
• B)an MBA
• C)a suit
• D)an "attitude"
• E)losing your sense of humor

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Definitions:

Fixed Cost

Fixed Cost is a business expense that does not change with the level of goods or services produced within a certain period.

Variable Costs

Variable costs fluctuate with the level of output, increasing as production rises and decreasing as production falls.

Lawn-mowing

The process of cutting the grass in a yard or garden to maintain its appearance and health, often using a manual or motorized lawnmower.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogenous product, perfect information, and no barriers to entry or exit.