Peter Drucker indicates that managers should ask five questions in the process of formulating an organization's strategy.These questions are: What is our business mission? Who are our customers? What do our customers consider value? What have been our results? What is our plan?

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This is a true statement. Peter Drucker does indeed suggest that managers ask these five questions in order to formulate an organization's strategy.

Peter Drucker Indicates That Managers Should Ask Five Questions in the Process