Why management is inexact science but not exact science
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While we do see management as a science, it is not an exact science. Since management deals with humans and their unpredictable behaviour it cannot be an exact science.
The beauty of management lies in the fact that it is a multiverse subject. In other words, it can be science, art, profession or all of these simultaneously depending on your perception. Management is very systematic and concrete and so we consider management as a science. Let us have a look at the scientific side of management.
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Management is considered to be an inexact science because it has some features of science.
Explanation:
- The most common features of management principles include their universal application.
- The management principles have also developed over time after the experimentation method.
- However, these principles are modifiable and not rigid in nature. These principles can be changed to suit the requirements of each business organization.
- Due to this reason, the principles of management or the size of management is known as soft science or inexact science.
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