Question:

“Management has emerged as specialized branch of knowledge.” This statement highlights management as ___

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Management is both an art and a science, and its recognition as an academic discipline has led to its structured study and research worldwide.
  • An activity
  • A process
  • An academic discipline
  • A group
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The Correct Option is C

Solution and Explanation

Management is recognized as an academic discipline because it has developed its own body of knowledge, principles, theories, and practices that are studied, researched, and taught in educational institutions globally. Over the years, universities and colleges have introduced formal courses and degrees in management. Subjects like organizational behavior, finance, marketing, and operations are part of this discipline, and numerous research studies contribute to its evolving knowledge base.
Key points:

  • It includes structured study materials, textbooks, and academic research.
  • Professional degrees like MBA, BBA, and PGDM are based on this discipline.
  • It has practical as well as theoretical components.

Explanation of Other Options:

  • (A) An activity: Describes what managers do, but not the academic nature.
  • (B) A process: Refers to steps like planning, organizing, etc.
  • (D) A group: Refers to managers working together, not a knowledge branch.
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