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Pricing Schools Business

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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 (C)</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 (C)</p> Signup and view all the answers

Mastering the Legacy

Choose a study mode

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Questions and Answers

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

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

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

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

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

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