Business Studies, asked by govindhan25051980, 6 months ago

management is side the be a combination of three factors arts science and the third is​

Answers

Answered by surekhagade629
5

Explanation:

you are answer is "profession"

hope it help you

Answered by roopa2000
0

Answer:

correct answer is profession.

A professional manager is one who specializes in planning, organizing,  leading, and controlling the efforts of others and does so through the systematic use of graded knowledge, a common terminology and principles and who adheres to standards of practice and code of conduct." Adheres to. Established by Accrediting Body.” Louis A. Allen.

Explanation:

                      Management is a profession why explain below:

  • Profession is an occupation maintained by specialized knowledge and training, to which entry is restricted. and to direct and lead the efforts of others.
  • Management, in the context of business and organization, means coordinating the actions of the people by using the available resources efficiently and effectively so as to ensure the achievement of goals.

                      Management is art and science also why explain below:

Science refers to the existence of a body of knowledge in a systematic form on the basis of careful observation, precise measurement, experimentation and inference or conclusion obtained from detailed analysis of data. Knowledge is verifiable to us through experiments with cause-effect phenomena. In other words, science provides theories, principles and laws on any branch of human knowledge. Science gives knowledge which in turn gives power for application.

Science refers to the existence of a body of knowledge in a systematic form on the basis of careful observation, precise measurement, experimentation and inference or conclusion obtained from detailed analysis of data. Knowledge is verifiable to us through experiments with cause-effect phenomena. In other words, science provides theories, principles and laws on any branch of human knowledge. Science gives knowledge which in turn gives power for application.

A manager is not only a scientist but also an artist. As a scientist, he relies on the existing theory and philosophy of management and develops new knowledge, new theories and new schools of management. As an artist, he has to rely on his own experience, inner senses, intuition and judgment while taking decisions on any managerial problem and act on the decisions to realize the set objectives.

The scientific approach and the scientific method will be applied in problem-solving approaches, such as marketing research, business research, etc., but decision-making cannot be completely reduced to science. In fact, human judgment and experience enjoy veto power in judgment and a decision maker has as much of an artist. In the final analysis, decision making. The heart of management is an art to be achieved by conscious effort and practice.

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