5. Briefly explain the statements on your own understanding,“Is management a science or an art?” and "Management is as old as history itself."
Traditionally, originality has been associated with persons who work in the arts, such as writers, painters, and musicians. However, in today's competitive corporate world, the necessity for innovation has made its way into the workplace. In order to differentiate themselves from competition, it has proven progressively vital for businesses to depend on intellectual thought.
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