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Book Review: The Practice of Management by Peter F. Drucker
The Practice of Management by Peter F. Drucker. Harper & Row, 1954
This book is divided into 6 main parts: Managing A Business; Managing Managers; The Structure Of Management; Management Of Workers And The Worker; What It Means To Be A Manager; and a conclusion.
In Managing a Business, Drucker stresses the importance of the customer , not economic or market forces, in defining a business. He suggests that it is the customer, not forces, that converts economic resources into wealth, and things into goods. He states that "there is only one valid definition of business purpose: t…
- Book Review: The Practice of Management by Peter F. Drucker
Explain the functions of Human resource management
- Human resource management and development
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