Question : In which of the following natures of management systems of theoretical knowledge is mandatory?
Option 1: Management as a science
Option 2: Management as an art
Option 3: Management as a profession
Option 4: None of the above
Correct Answer: Management as an art
Solution : Art is based on existence of some theoretical knowledge of concepts and principles.Art presupposes the existence of certain theoretical knowledge.
Hence, Option B is correct.