Answer to Question #97631 in Management for Mebo

Question

Outlining the ways in which family and small business managers are scientists and artists, explain why management of family and small businesses is viewed as both a science and an art

Answer 1

It is viewed as a science because it involves studying the nature and behavior of natural things and the knowledge obtained helps in handling various challenges or making improvements as they contain universal truths. It is considered an art because managing requires human creative skills and imaginations which are personal possessions.