According to Drucker, What Is the Best Time to Ask

question 96

Multiple Choice

According to Drucker, what is the best time to ask, "What do we want to become?" and "What is our business?"?

• A) When a firm is in decline
• B) When the firm is successful
• C) When the firm is in financial trouble
• D) When the firm is in legal trouble
• E) When the firm encounters competition

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Definitions:

Impartial

Not biased or partial; fair and just, treating all rivals or disputants equally.

Arbitrator

An independent third party chosen to settle a dispute without involving the courts.

Union

An organization of workers formed to protect and advance their rights and interests.

Management

Process of achieving organizational objectives through people and other resources.