Suman has completed her masters in the field of Biotechnology and has joined her father's business of manufacturing of Pharmacueticals. She was very confident that she has good knowledge of all business activities and she will able to handle everything well. But to her surprise, the real situations were so difficult and unpredictible that she could not understand. Her father told her that practical orientation and experience are more important than theoretical knowledge to make it successful. Which aspect of nature of management is discussed in the above case.

Management as an Art

The correct answer is option (2) : Management as an Art.

The aspect of the nature of management discussed in the above case is "Management as an Art." Suman's experience highlights the practical and unpredictable nature of business situations, indicating that managing a business involves skills and abilities that go beyond theoretical knowledge. This aligns with the concept of management as an art, where practical orientation and experience play significant roles in achieving success.

* Art has the feature of practice and creativity: All art is practical. Art involves the creative practice of existing theoretical knowledge. We know that all music is based on seven basic notes. However, what makes the composition of a musician unique or different is his use of these notes in a creative manner that is entirely his own interpretation. A manager applies this acquired knowledge in a personalised and skillful manner in the light of the realities of a given situation. He is involved in the activities of the organisation, studies critical situations and formulates his own theories for use in a given situation.