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According to Peter Drucker, the Two Basic Functions of Business

question 62

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According to Peter Drucker, the two basic functions of business are marketing and innovation.


Definitions:

Object Permanence

Recognition that objects continue to exist even when they are not seen.

Theoretical View

A perspective or model based on theories that attempt to explain phenomena by integrating various concepts and propositions.

Specific Attachments

The strong emotional bonds that develop between an infant and particular caregivers, typically emerging around 7 to 9 months of age.

Attachment Phase

A developmental stage in which infants form close emotional bonds with caregivers, crucial for emotional and social development.

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