Step 1: Understanding management as an art and science.
Management is considered both an art and a science. As an art, it involves applying creativity, leadership, and decision-making skills to manage people and resources. As a science, it is based on principles, theories, and structured techniques that can be studied and applied.
Step 2: Analyzing the options.
(A) Art: Management is indeed an art, as it involves creativity and judgment in dealing with various management tasks.
(B) Science: Management is also considered a science due to its reliance on systematic principles and methods.
(C) Both (A) and (B): Correct. Management is both an art and a science, as it combines practical skills with scientific techniques.
(D) Profession: While management is a profession, it does not solely define management as it also includes aspects of art and science.
Step 3: Conclusion.
The correct answer is (C) Both (A) and (B), as management involves both creative and systematic elements.