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Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”
  • a)
    Management as a Science
  • b)
    Management as an Art
  • c)
    Management as a Profession
  • d)
    All of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Identify the nature of management which specifies that “A manage...
Art is the skillful and personal application of existing knowledge to achieve desired results. It can be acquired through study, observation and experience. Since art is concerned with personal application of knowledge some kind of ingenuity and creativity is required to practice the basic principles learnt. Management is an art because it requires personal skill, creativity and practice to apply systematic and well-organised body of knowledge in the best possible way.
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Identify the nature of management which specifies that “A manage...
The actions and decisions taken by managers should be based on factual information and data, rather than on assumptions or personal opinions. This is known as evidence-based management. It involves the use of scientific research, data analysis, and other objective methods to inform decision-making processes and to evaluate the effectiveness of different management strategies. The goal of evidence-based management is to improve organizational performance and achieve better outcomes by relying on objective evidence rather than subjective opinions or biases.
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Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”a)Management as a Scienceb)Management as an Artc)Management as a Professiond)All of theseCorrect answer is option 'B'. Can you explain this answer?
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Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”a)Management as a Scienceb)Management as an Artc)Management as a Professiond)All of theseCorrect answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”a)Management as a Scienceb)Management as an Artc)Management as a Professiond)All of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the nature of management which specifies that “A manager applies acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation.”a)Management as a Scienceb)Management as an Artc)Management as a Professiond)All of theseCorrect answer is option 'B'. Can you explain this answer?.
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