Managers need to communicate with one another with the help of a common vocabulary for a better understanding of their work situation. Identify the nature of management highlighted in the above statement.
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Shift 14/06/2023 3:30 PM - 6:30 PM
Correct Answer
Detailed Explanation
The nature of management highlighted in the statement is "Management as both a Science and Art."
Effective communication among managers with a common vocabulary is a practical aspect of management that falls under the art of management. Art in management refers to the application of knowledge and skills in a practical manner.
At the same time, the statement also implies that managers need to use a common vocabulary, which suggests a systematic and scientific approach to management. Management as a science involves the use of principles and methods that are based on research and systematic study.
Therefore, the statement underscores the dual nature of management as both a science (systematic principles) and an art (practical application of those principles).
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