Business Studies
Management as a Science
In Class 12 Business Studies, within the chapter Nature and Significance of Management, this topic explains why management is regarded as a science. Students learn that management has a systematic and organised body of knowledge, general principles, and methods developed through observation, experience, and research. They explore how these principles support planning, organising, staffing, directing, and controlling, while understanding that management is not an exact science like physics because human behaviour and business situations vary. The topic also distinguishes management’s scientific basis from its practical application as an art.
Hard · Level 7 · 5 questions