ECON 203 Lecture 1: budgeting_for_your_studies

List three international organizations that the U.S. is a member of and explain the importance of being a member of each organization? Who benefits from the U.S. membership in these organizations? How?

The primary objective of a cartel is to:

A. maximize the amount of profit received by each member of the organization.

B. ensure each member of the organization some minimum amount of profit.

C. maximize the joint profits of the members of the organization.

D. maximize the average profits of the members of the organization.

A company's organizational culture plays a vital role in its success. A company's culture helps it attract the best talent available in the industry. It discusses the organizational culture at Google Inc. Google was one of the few companies that successfully blended technological innovation with strong organizational culture. The case provides insight into the work environment, and recruitment process at Google. It also provides insight into how Google fostered innovation among employees. It ends with a critical analysis of Google's organizational culture.

Answer the following question.

Q1. Explain the role of organizational culture in attracting the best talent in the industry.

Q2. Discuss the role played by recruitment in the success of an organization,

Q3. How organizational culture can be a source of competitive advantage?

Q4. Give an overview of the case.