NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMNATURE AND SIGNIFICANCE OF MANAGEMENT5 Marks
Question
Write a brief note on management as a science and as an art.
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Answer
Management is a science:
Knowledge gained by systematic way and by specializing in that area is called science. According to Dr. George Terry, “Science teaches one to know.”
In science; the rules and principles are derived and cause and effect relationship is established. Similar process is done in management as well.
Management makes use of gaining systematic knowledge, universality, cause and effect relationship, collection of facts, analysis and experiments, verifying the principles, etc.
The way science has its own principles and rules, management also has .its own specific principles.
Management makes use of these principles for co-ordination of human resource, machine, capital, manufacturing methods, etc. Thus, we can rightly . say that management is a science.
Management is an Art:
The tactful use of skills and expertise gained through theoretical knowledge is called art. According to Dr. George Terry, “Art teaches one to do.”
The practical application of management makes use of rules and principles, personal skills, insight and cleverness, etc.
Thus, for proper implementation of knowledge, technical art is also important over and above the theoretical knowledge.
The theories and principles are challenged and modified by the skilled manager as per the need of the situation. Hence, making use of management is an art.
From these discussions we can conclude that management is neither only science nor only an art but a combination of both.
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