According to Peter Drucker, Developing a Clear Business Vision and Mission

question 50

True/False

According to Peter Drucker, developing a clear business vision and mission is the first responsibility of strategists.

---

Definitions:

Cooling-Off Rule

A federal regulation allowing consumers a set period of time to cancel contracts or purchases made at home or at locations other than the normal business premises of a company.

Federal Trade Commission

A federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Salespeople

Individuals engaged in selling goods, services, or both to consumers or businesses, often directly interacting with potential buyers to facilitate transactions.

Credit Bureau

An agency that collects and maintains individual credit information, providing credit reports to creditors to aid in the decision-making process.