Question : Which of the following statements is incorrect for management as an art?
Option 1: Art involves the creative practise of existing theoretical knowledge.
Option 2: Artistic principles are developed through observations.
Option 3: Art is the skillful and personal application of existing knowledge.
Option 4: None of the above.
Correct Answer: Artistic principles are developed through observations.
Solution : Art is concerned with some personal application of knowledge. Some kind of ingenuity and creativity are required to practise the basic principles learnt. Scientific principles are developed through observations.
Hence, Option B is correct.