Business

The Practice of Management by Peter F. Drucker

Introduction

I have chosen the book the Practice of Management by Peter F. Drucker because this book is very interesting as it focusing on the main segments of business that can be very supportive for a reader as a student.

In this book 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 convert economic resources into wealth, and things into goods. He states that "there is only one valid definition of business purpose: to create a ...