question_answer

"Management is the systematised body of knowledge that explains certain general truths." Explain the statement by giving four reasons to support your answer.

Answer:

The given statement indicates that management is a science. Points that validate management is a science are as follows: (i) Management has systematised body of knowledge. (ii) Some of the management principles are universal in nature. (iii) Management principles are also derived after continuous observations. (iv) In science, replication is possible but in management, it depends upon the situation. By the explanation, we can conclude management satisfies most of the features of science, but still it is not considered as a perfect science, rather it is an inexact science.