According to Drucker, All Are Valid Management Statements for Productivity

question 8

Multiple Choice

According to Drucker, all are valid management statements for productivity except __________.

• A) "Efficiency is doing better what is already being done."
• B) "There is nothing so useless as doing efficiently that which should not be done at all."
• C) "Today knowledge has power. It controls access to opportunity and advancement."
• D) all are Drucker's valid statements

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Definitions:

Financial Data

Information relating to the financial status or performance of a company, including income, expenses, assets and liabilities.

Sales On Account

Transactions where goods or services are sold and payment is deferred, creating accounts receivable for the seller.

Average Sale Period

The average time period that items remain in inventory before being sold, indicating the liquidity of inventory.

Common Stock

A type of equity security that represents ownership in a corporation, entitling the holder to vote at shareholder meetings and receive dividends.