Question

Management is considered both as science and art,

Q: Answer-Management is considered both as science and art, because?

It is called an art because managing requires certain skills which are personal possessions of managers. Science provides the knowledge art deals with the application of knowledge and skills. A manager to be successful in his profession must acquire the knowledge of science the art of applying it.

because?

A Because students for both streams can apply for management education

B Management has been studies by scholars for science and art

C Management applies scientific principles for study and skills to deal with human behavior

D Management deals with accounting for business

E All of the above

Practice Next

More Banking System in India Questions

If the R² value for a regression line is 0.70 for 50 observations. What is the adjusted R-square value if the number of independent variable...
TVC = x³ – b x²

Total Fixed Cost (TFC) = 848

Find the value of b such that Marginal Cost (MC) is minimum at x = 16.
...
When the slope of average cost is positive then which of the following holds
The primary deficit in a government budget will be zero, when _______
Which of the following statements regarding Priority Sector Lending (PSL) norms in India is incorrect?
If factor cost is greater than Market price, then it means that:
A researcher has to consult a recently published book. The probability of it being available is 0.5 for library A and 0.7 for library B. Assum...
Which one of the following is not an assumption of Marshall’s Cardinal Utility Analysis ?
What is sum product of the error an independent variable in OLS estimation
A perfectly competitive firm was given, P = 60 and TC = Q² + 8Q + 10. Now price decreases to 54, what is the change in profit?

Management is considered both as science and art,

Solution