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Management is defined as the process of planning, organising, actuating & controlling an organisations operations in order to achieve coordination of the human & material resources essential in the effective & efficient attainment of
objectives.
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I t is a systemized body of
knowledge pertaining to a particular field of enquiry . Any subject is said to be science if it is developed scientifically & is based on concepts, experiments, research,laws etc.
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S ystematised body of knowledge- I ts principles are based on a cause & effect relationship.Principles based on experimentation -
S cientific principles are first developed through observation & then tested through repeated experimentation under controlled conditions.Universal validity - S cientific principles
have universal validity & application.
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I t is an occupation supported by specialized knowledge and developed n training , the entry within which is regulated by some authentic representatives.
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W ell Defined Body of Knowledge- All professions are based on well
defined body of knowledge that can be acquired through instruction. Restricted Entry- The entry to a
profession is restricted through an examination or through acquiring an educational degree.
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Professional Association- All professions are affiliated to a professional association
which regulates entry, grants certificate of practice and formulates and enforces a code of conduct.
Ethical Code of Conduct- All professions are bound by a code of conduct which guides the behaviour of its members.
S ervice Motive- The basic motive of a profession is to serve their clients and trust by rendering dedicated and committed
service.
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I t is the application of the
theoretical knowledge .I t is based on practice, creativity, personal judgements and innovation .Art is the skillful & personal application of existing knowledge
to achieve desired results.
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Existence of theoretical knowledge- Art presupposes the existence of certain theoretical knowledge. Experts in their respective areas
have derived certain basic principles which are applicable to a particular form of art. Personalised application- The use of this basic
knowledge varies from individual to individual.
Art, therefore is a very personalised concept. Based on Practice and Creativity - All art is
practical. Art involves the creative practice of existing theoretical knowledge.
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Management is not a perfect science because of the following:Many of the management principles are
not supported by research.I n management it is difficult to establish cause and effect relation most of the time. Application of the principles depends upon situational factors.
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Management is not regarded as a profession because of the following:Entry to management profession is
not restricted.I t does not have an All I ndia
Representative Association.No reasonable professional fee is being charged for managerial tasks.
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