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  • Book Review: The Practice of Management by Peter F. Drucker

     

    Essays3 Management

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ID number:727201
 
Evaluation:
Published: 30.07.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

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…

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