This is a letter from Peter Drucker to Mel Hurni and the enclosed memorandum, also written by Drucker. It is for use by Mel Hurni and the OR&SCS (Operations Research and Synthesis Consulting Service) team. Drucker states that this merely serves the purpose of a "thought starter" to begin to sketch out ways to develop the new "Theory of the Business"; it is not the actual theory. Drucker believes that although mathematics may be "Queen of the Sciences", it is no more than "Handmaiden of OR&S". For this reason, he does not make any attempt to quantify things. This is a sequel to a previous report, titled "Typical Business Problems".
Drucker, Peter F. (Peter Ferdinand), 1909-2005 Mathematics Business Operations research Consultants Sales Cargo ships Design Logic Marketing Manufacturing processes Engineering Ford Motor Company World War II Autonomy Risk Railroads Banks and banking Raw materials Sears, Roebuck and Company Farms Development and underdevelopment Industrialization Urbanization Economics Latin America Hurni, Melvin L Theory of the business Operations Research and Synthesis
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