Is business management art or science
Business management involves extremely varied scenarios and one standard approach cannot work in all situations. A scientific approach seeks to impart precision to the process of decision-making by using mathematical and statistical tools to analyze available information and make predictions about future. At the same time, managers have to deal with people on several fronts and an "artistic" skill to deploy their insights into the social and political dimensions of each situation can help them achieve desired results.
What Are the Management Sciences?
Operations Research (OR) has traditionally been described as management science. It uses mathematical techniques like modeling, statistical analysis, digital certificate and mathematical optimization to suggest the best possible sol...





