Mastering the Legacy
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Questions and Answers

According to Peter Drucker, what is the purpose of a business?

  • To provide goods and services
  • To create jobs
  • To make money
  • To create a customer (correct)

    • What did Peter Drucker define as the role of top managers?

  • To develop new products
  • To maximize profits
  • To implement cost-cutting measures
  • To create a positive corporate culture (correct)

    • According to Peter Drucker, what is the key to success in an organization?

  • Effective marketing strategies
  • Strong leadership from the CEO
  • Efficient use of resources (correct)
  • Flat organizational structure

    • What term did Peter Drucker use to describe the future workforce?

    <p>Knowledge workers</p> Signup and view all the answers

    According to Peter Drucker, what is the difference between effectiveness and efficiency?

    <p>Effectiveness is doing the right things, efficiency is doing things right</p> Signup and view all the answers

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