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Question

What is meant by 'Management'? Explain its any three features that establish it as an art.

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Solution

Management is the process of getting things done with the aim of achieving goals effectively and efficiently.
Three features that establish it as art are:
(i) Existence of theoretical knowledge: As in art, in management too, there is a lot of literature available in various areas of management that the manager has to specialize in.
(ii) Personalised application: Like in any art, in management too, a manager applies his acquired knowledge in a personalized and unique manner. This gives rise to a different style of management.
(iii) Based on practice and creativity: Management satisfies this criteria as a manager gains experience through regular practice and become more effective.


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