Peter Drucker,the Father of Modern Management,stated That the Only Definition

question 3

Multiple Choice

Peter Drucker,the father of modern management,stated that the only definition of a business purpose is _____________.

• A) To create products
• B) To make products affordable and accessible to the majority of the public
• C) To improve the quality of life for all people
• D) To create a customer
• E) To respect the environment

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Definitions:

Super-Event Probability

An estimation of the likelihood of a composite event, taking into account the probabilities of multiple subordinate events.

Simultaneously

Occurring, operating, or done at the same time.

Disaster Risk

The potential loss or damage that could occur as a result of a disaster event, taking into account both the hazard and the vulnerability of the affected area.

Financial Loss

The condition of having less money or resources at the end of a period than at the beginning, typically as a result of expenses exceeding income.