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Which of the following statements is incorrect regarding management as a science?
- a)Management principles are based on repeated experimentation and observation.
- b)Theories in management are universally applicable without modifications.
- c)Management has developed a body of knowledge through systematic study.
- d)The principles of management assist in the training and development of managers.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following statements is incorrect regarding management as...
Management as a Science
Management is often seen as a science due to its structured approach and reliance on established principles. Here are some important points:
- Structured Knowledge: Management has a systematic body of knowledge that develops over time.
- Principles from Observation: Management principles arise from repeated experimentation and observation in various organisations.
- Inexact Science: Unlike exact sciences, management outcomes can be unpredictable due to the complexities of human behaviour.
- Contextual Application: Management principles are not universally applicable; they need to be tailored to specific situations.
- Training and Development: These principles are crucial for training managers, equipping them with standardised techniques.
In summary, while management uses scientific methods, it also requires creativity and adaptability, blending both art and science.
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Which of the following statements is incorrect regarding management as...
Understanding the Incorrect Statement
The statement that is incorrect regarding management as a science is option 'B': "Theories in management are universally applicable without modifications." This assertion overlooks the nuanced nature of management practices and principles.
Contextual Variability
- Management theories often emerge from specific contexts, industries, and cultural environments.
- Each organization operates under unique conditions, including its workforce, market dynamics, and organizational culture.
Need for Adaptation
- Effective management requires adapting theories to fit the specific circumstances of an organization.
- What works in one setting may not necessarily yield the same results in another due to differences in goals, resources, and challenges.
Continuous Evolution
- Management is a dynamic field that evolves as new research, technologies, and societal changes occur.
- Managers must be flexible and ready to modify existing theories to maintain effectiveness and relevance.
Empirical Basis of Management
- While management does rely on systematic study and observation, the principles derived from these studies are not static.
- Practical application often involves tailoring established theories to meet particular needs, emphasizing the importance of context.
In conclusion, while management does have a scientific basis and a body of knowledge, the assertion that its theories are universally applicable without modifications is incorrect. Effective management requires understanding, adapting, and evolving theories to align with the specific needs and conditions of each organization.
The statement that is incorrect regarding management as a science is option 'B': "Theories in management are universally applicable without modifications." This assertion overlooks the nuanced nature of management practices and principles.
Contextual Variability
- Management theories often emerge from specific contexts, industries, and cultural environments.
- Each organization operates under unique conditions, including its workforce, market dynamics, and organizational culture.
Need for Adaptation
- Effective management requires adapting theories to fit the specific circumstances of an organization.
- What works in one setting may not necessarily yield the same results in another due to differences in goals, resources, and challenges.
Continuous Evolution
- Management is a dynamic field that evolves as new research, technologies, and societal changes occur.
- Managers must be flexible and ready to modify existing theories to maintain effectiveness and relevance.
Empirical Basis of Management
- While management does rely on systematic study and observation, the principles derived from these studies are not static.
- Practical application often involves tailoring established theories to meet particular needs, emphasizing the importance of context.
In conclusion, while management does have a scientific basis and a body of knowledge, the assertion that its theories are universally applicable without modifications is incorrect. Effective management requires understanding, adapting, and evolving theories to align with the specific needs and conditions of each organization.
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Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer?.
Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer?.
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Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Which of the following statements is incorrect regarding management as a science?a)Management principles are based on repeated experimentation and observation.b)Theories in management are universally applicable without modifications.c)Management has developed a body of knowledge through systematic study.d)The principles of management assist in the training and development of managers.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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