[Commerce Class Notes] on Management as an Art, Science and Profession Pdf for Exam

Have you ever heard people around talking about other people’s managerial skills or admired someone as a Management Professional? So is Management an Art, Science or a Profession? To your surprise, it can take up any role depending on its area of application. ’s subject matter experts in commerce have brought this write-up to explain to you precisely this. 

 

The thought regarding ‘is Management an Art or Science’ has always been conflicting. Therefore, students must understand how Management can be an Art, Profession, or Science depending upon its relevant features. 

 

Management as Science

To qualify as a Science, Management needs to stand true to various criteria which make any field scientific. Below are qualities of Management that prove that it is a type of Science.   

Scientific principles are universally accepted principles and can be applied across all situations, locations, and times. For example, Newton’s law of motion applies to every object in motion irrespective of its location and state. Similarly, Management as well comprises specific fundamental principles that are accepted worldwide. For instance, the principle of unity of command applies to all organizations, large and small.

 

In Science, every cause results in an effect. This phenomenon is known as causality. To put it simply, every event occurs due to reason. For instance, rusting of iron is due to the reaction between iron and oxygen in the presence of water molecules. Similarly, Management follows the same rule. Every action has consequences, like if employees aren’t treated well, then productivity will degrade. Conversely, an organization can attain increased productivity if the workers are given a bonus and satisfactory remuneration.

 

Science is all about facts and logic and deduces results through experimentation and observation. The principles of Management have been formed along the same lines. For instance, equal work opportunities and fair remuneration for the work are known to improve one’s productivity at work. This idea was derived through scientific observation.

 

Every scientific principle and law is tested for validity and can be verified at any given point in time, and it shall provide a similar result each time. Likewise, one can test the principles of Management and expect the same results every time. Consider two companies A and B. Let’s say, company A has one boss who administers that company’s operations, whereas company B has two bosses and they both try to manage the organization as per their judgment. An experiment will show that company A performs better with one superior to direct all. 

 

Subsequently, the answer to the question ‘is Management an Art or Science’ is Science if not both. But in reality, Management can act as both. Here’s how that is possible. 

 

Management as an Art

To qualify as Art Management needs to adhere to some basic traits of Art. Such traits associated with Management are given below: 

Art is personalized, and the style of every Artist is different. Each Artist has a different perspective, style, and a different approach to a job. Likewise, one can successfully manage their organization only with their skills. Here, one’s approach to the tasks at hand will be different from another, and hence Management can be considered an Art. 

 

Every Artist is creative, and similarly, managers need to show creativity and innovation in the decisions they make for their business to stand out and gain a competitive edge. Hence, creativity and innovation in Management help managers take unique yet effective decisions.

 

Art supports and believes the importance of theoretical knowledge and hence most of the Art classes, whether it is music, painting, or dance also carry theoretical papers for students to study. And evidently, practical knowledge forms the basis of Art. In Management, the significance of theoretical and practical knowledge is not new. With a theoretical understanding of Management principles and their subsequent practice, managers can perform better in managing their organizational goals.

 

An Artist becomes seasoned with years of practice and dedication towards their work. Management as Art speaks the same terms. Managers have to go through this trial and error method before they can become seasoned managers who can make appropriate decisions.

 

An Artist never works on their piece of Art without any goals in mind; goals make them more focused and act accordingly for its fulfillment. The same holds for Management. A manager must set objectives and work towards achieving them to become proficient in their endeavor. 

 

From the above speculations, it can be derived that Management as an Art and Science is a plausible claim. 

 

Multiple Choice Questions 

1. Choose the appropriate option concerning Management, it is 

  1. Art, Science, math

  2. Art, Science, Profession

  3. Art, social Science, and Profession

  4. Art, Science, and commerce

Answer: b

 

2. Management can be termed as a creative as well as a ___________ process. 

  1. Continuous 

  2. Democratic 

  3. Technical 

  4. None of the above 

Answer: a 

 

3. At which level of organization Management exists?

  1. Top 

  2. Middle 

  3. Lower 

  4. All of the above 

Answer: d

 

4. Principles of Management are made by 

  1. Rule of thumb 

  2. Customer experience 

  3. Observation and experimentation 

  4. Laboratory experiments 

Answer: c

 

Management as a Profession

Management can be carried off as a Profession by individuals who have gained proper education and graduated the relevant tests. Students are taught essential concepts of Management and need to pass pArticular exams so that they can work as a manager in future. They also need to qualify for an entrance examination to get enrolled in an institution for an educational degree. 

 

Further, they can work as Professionals and manage various activities in an organization. With the learnt principles of Management, they put their knowledge to a test and use various tried and tested methods and innovative ways to achieve effective Management.

 

Management as an Art, Science, and Profession can help businesses achieve their goals effectively. And hence, students need to acquire in-depth knowledge of the topic to improve their academic performance. 

 

Students can go through the Management Science notes and acquire a profound knowledge of the subject. They will also be able to use this theoretical knowledge later to gain experience in the field. For other such topics, students can access the study materials available at ’s app and website.

Conclusion

Reading this Article on Management as an Art, Science and Profession, MCQs and FAQs complete your introduction to the field of Management. Management is something that is not just restricted to the domain of academics, but it can stretch further into our daily and Professional lives as well.

It teaches you that unlike the popular belief that goes around Management is not just a Profession but is also an Art and Science. It is an extremely practical field of work knowledge of which would be incomplete only with theoretical knowledge. 

Reading this essay prepared by ‘s subject matter experts will not just help you score excellent marks in your board exams but also during higher studies that you will pursue in the future. You may refer to other ’s websites to gain more knowledge on other topics of commerce.  

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