Which of the Following Was a Major Contribution of Management

question 81

Multiple Choice

Which of the following was a major contribution of management guru, Peter Drucker?

• A) the discovery that great companies are managed by "level 5 leaders" who often display humility while simultaneously inspiring those in the organization to apply self-discipline
• B) the focus on the areas of organizational learning and change
• C) the ability to urge U.S. firms to fight their competition by refocusing their business strategies on several drivers of success like people and customers
• D) the focus on the "strategic and organizational challenges confronting managers in multinational corporations"
• E) the need for organizations to set clear objectives and establish the means of evaluating progress toward those objectives

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Definitions:

Fixed Cost

Fixed costs are business expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.