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"Management is an inexact science" ? …

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"Management is an inexact science" ? Explain

Posted by Khushi Goel 5 years, 3 months ago

CBSE > Class 12 > Business Studies

2 answers

Gaurav Seth 5 years, 3 months ago

Management is an inexact science. It deals with the complex human phenomenon about which knowledge is still limited. Management is also defined as an inter-disciplinary science as it draws subject matters from other disciplines.

Gaurav Seth 5 years, 3 months ago

Management is full-fledged profession because Management has systemized and it is based on some principles developed with experimentation. This knowledge is managed and attained by some colleges, institutes. Hence, Professional management is full-fledged profession as it requires systemised knowledge, professional association and code of conduct.

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