Management as a science

Illustrate Management as a science?




Science is a systematised body of knowledge that is based on general truths which can be tested anywhere, anytime.

Following are the features of science:

a. Systematized body of knowledge: Science has a systematised body of knowledge based on principles and experiments.

b. Principles based on experiments & observation: Scientific principles are developed through experiments and observations.

c. Universal Validity: Scientific principles have universal validity and application. Management has systematic body of knowledge and its principles are developed over a period of time based on repeated experiments & observation, which are universally applicable. As the principles of management are not as exact as the principles of pure science, so it may be known as inexact science.

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