According to Peter Drucker, the Common Operating Objectives for Organisations

question 56

Multiple Choice

According to Peter Drucker, the common operating objectives for organisations may include the following EXCEPT:

• A) developing a strong culture to effectively mould employees' behaviour.
• B) acquiring financial capital and earning positive returns.
• C) gaining and holding a specific share of a product market.
• D) recruiting and maintaining a high-quality workforce.
• E) producing at a net profit in business.

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Definitions:

Acre

A unit of land area used primarily in the Imperial and US customary systems, equal to 43,560 square feet or about 4047 square meters.

Opportunity Cost

The worth of the second-best option that is given up as a consequence of deciding on a course of action.

Production Possibility Frontiers

A curve depicting all maximum output possibilities for two goods, given a set of inputs.

Rice

A staple food grain consumed widely around the world, particularly in Asia, known for its versatility and ability in sustaining large populations.