Question

Which of the following statement is true regarding the nature of Management?

• A. It has features of both Science and Art.
• B. It is not an Art.
• C. It is an exact Science.
• D. It is a fully recognized Profession.

Hint:

Management is a blend of science (principles and techniques) and art (creativity and personal skill). Understanding both aspects is essential for effective leadership and decision-making.

Answer 1

The Correct Option is A

Step 1: Understanding the nature of management.
Management is often referred to as a Science because it involves systematic knowledge, principles, and techniques that can be learned, applied, and tested. It is also considered an Art because it involves creativity, experience, and personal skills in managing people and resources effectively.
- Option 1 is correct because management involves a combination of both science and art.
- Option 2 is incorrect because management indeed involves an art aspect, such as dealing with people, making decisions, and handling crises.
- Option 3 is incorrect because management is not an exact science like physics or chemistry. It involves human factors that cannot always be precisely predicted or controlled.
- Option 4 is incorrect because while management is widely recognized, it is still evolving as a profession and doesn't meet all criteria of a fully recognized profession like law or medicine.
Step 2: Conclusion.
The correct statement is that management has features of both science and art.
Final Answer: \[ \boxed{\text{The correct answer is (1) It has features of both Science and Art.}} \]