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Write a short note on Management-Science and Art. - Commerce

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Question

Write a short note on Management-Science and Art.

Short/Brief Note
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Solution

Management is both a Science and an Art.

  • Management as a Science: Management is a science because it has a systematic body of knowledge, principles, and theories like planning, organising, and controlling. These are based on observation, experimentation, and research, similar to scientific methods.
  • Management as an Art: Management is an art because it involves the practical application of knowledge and skills. A manager uses creativity, personal judgement, and experience to handle situations, lead people, and achieve goals.

Thus, management is a combination of both science and art, where science provides the principles and art provides the skill to apply them.

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Chapter 5: Management - Meaning, Nature and Importance - EXERCISES [Page 137]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 5 Management - Meaning, Nature and Importance
EXERCISES | Q 21. | Page 137
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