Management as a Science
Science is a systematized body of knowledge gathered by observation and experiment which is verifiable. The essential features of science are as follows:
· Principles are universally applicable.
· Developed through scientific enquiry or experiments.
· Established cause-and-effect relationship between various factors.
· Their validity can be verified and predictable.
Management does satisfy the basic features of science. Management contains a systematized body of knowledge in the form of general principles, which can be universally applied. These principles are also based on scientific enquiry and investigation. They have been developed through experiments and practical experiences. The principles of management also establish cause and effect relationship between different variables. They can also be tested for their validity. Moreover, the future events can be predicted with reasonable accuracy by using scientific principles.
Thus, management is undoubtedly a science. However, it is not an exact science as physics, chemistry, and other physical sciences. This is because management deals with people and it is very difficult to predict accurately the behavior of human beings. Hence, management is behavior science. It is an inter-disciplinary science that has been developed with the aid of other disciplines such as economics, mathematics, psychology, etc. That is why management is a social science
Science is a systematized body of knowledge gathered by observation and experiment which is verifiable. The essential features of science are as follows:
· Principles are universally applicable.
· Developed through scientific enquiry or experiments.
· Established cause-and-effect relationship between various factors.
· Their validity can be verified and predictable.
Management does satisfy the basic features of science. Management contains a systematized body of knowledge in the form of general principles, which can be universally applied. These principles are also based on scientific enquiry and investigation. They have been developed through experiments and practical experiences. The principles of management also establish cause and effect relationship between different variables. They can also be tested for their validity. Moreover, the future events can be predicted with reasonable accuracy by using scientific principles.
Thus, management is undoubtedly a science. However, it is not an exact science as physics, chemistry, and other physical sciences. This is because management deals with people and it is very difficult to predict accurately the behavior of human beings. Hence, management is behavior science. It is an inter-disciplinary science that has been developed with the aid of other disciplines such as economics, mathematics, psychology, etc. That is why management is a social science
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