The 'theory of the business' (Drucker 1995) consists of: Please select all that apply.
A) An organization's assumptions
B) An organization's decisions
C) The environmental conditions in which the organization operates
D) The desires of the organization's customers

Question

Quizplus · Accepted Answer

The theory of the business includes an organization's assumptions about itself, its decision-making processes, and its strategies. It does not explicitly include the environmental conditions or desires of customers, although both can certainly play a role in shaping an organization's theory of the business.

The 'Theory of the Business' (Drucker 1995) Consists Of: Please