Business Studies · Nature and Significance of Management
'All the management practices are based on the same set of principles, what distinguishes a successful manager from a less successful one is the ability to put these principles into practice.' Identify the nature of management highlighted above.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Management is both science and art
- 2Management as a profession
- 3Management as an art✓
- 4Management as a science
Correct answer
Management as an art
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