2013/2014
SEMESTER
ONE
UNIT CODE
BBA 102
UNIT TITLE
PRINCIPLES OF MANAGEMENT
LECTURER
DATE SUBMITTED
8TH 0CTOBER 2013
THE ASSIGNMENT.
1. Is management an art or a science? Discuss.
2. Is management a profession?
3. Does management need ethics? Discuss the ethics of management
References
*Unit Class Notes
*Principles Practice of Management, L M Prasad, Sultan Chand&Sons (5th Ed), 2000.
*Management (principles and practise) simplified, Nisar Ahmed Saleemi.Jared B. Bogonko, N A Publishers, 1997.
*Internet notes
Page 1
QUESTION 1
According to the nature of management, there is a controversy that whether management is a science or an art. Learning process of science is different from that of art. Learning of science includes principles while learning of art involves its continuous practice.
Management as a Science
Science is a systematic body of knowledge relating to a specific field of study that contains general facts which explains a phenomenon. It establishes cause and effect relationship between two or more variables and underlines the principles governing their relationship. These principles are developed through scientific method of observation and verification through testing.
Science is characterized by following main features:
1. Universally accepted principles – Scientific principles represents basic truth about a particular field of enquiry. These principles may be applied in all situations, at all time & at all places. E.g. – law of gravitation which can be applied in all countries irrespective of the time.
Management also contains some fundamental principles which can be applied universally like the Principle of Unity of Command i.e. one man, one boss. This principle is applicable to all type of organization –
References: *Unit Class Notes *Principles Practice of Management, L M Prasad, Sultan Chand&Sons (5th Ed), 2000. *Management (principles and practise) simplified, Nisar Ahmed Saleemi.Jared B. Bogonko, N A Publishers, 1997.