CBSE Class 12 Business Studies 2021 Outside Delhi set 1

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Question : 28
Total: 60
Ram Murty, a Professor of Management conducted a class on 'Management principles' and explained to his students the significance of Management Principles. In the next class, the Professor asked his students to play roles of different managers. He gave them various situations and asked them to think like managers and provide solutions to the problems given in these situations. Each student applied the principles of management to the given situation in his own personalised manner, depending upon his creativity.
The nature of management highlighted in the above case is :
Solution:  
(b) Management as an Art
The nature of management highlighted here is Management is an art. It is a personalised and skillful application of existing knowledge to achieve desired results. It can be acquired through study, observation and experience. Since art is concerned with personal application of knowledge some kind of ingenuity and creativity is required to practice the basic principles learnt.
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