Management Expert Peter Drucker Pointed Out That, for a Business

question 44

Multiple Choice

Management expert Peter Drucker pointed out that, for a business to be considered entrepreneurial, it should exploit changes in the world. Which of the following areas have changes that entrepreneurs could exploit?

• A) Technology
• B) Politics
• C) Socio-economics
• D) All of the above
• E) None of the above

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Definitions:

Congressional Approval

The process by which proposed laws, appointments, and other measures are formally agreed upon or sanctioned by the U.S. Congress, which consists of the Senate and the House of Representatives.

Presidential Election

A process in countries with a presidential system where citizens vote to elect the President of the country, usually through direct or indirect means.

Richard Nixon

The 37th President of the United States, whose tenure is marked by significant foreign diplomacy and the Watergate scandal leading to his resignation.

First President

Refers to the inaugural leader of a republic or a nation's head of state, often noted for setting precedents in governance.