Interrelationship Between Management Functions

 MANAGEMENT AS A DISCIPLINE

     Management has acquired the status of a discipline or field of study. It is taught as a specialized branch of knowledge in educational, management and technical institutions. As a field of study, the subject includes management concepts, principles, techniques and skills. Management is a multidisciplinary discipline. It is drawn heavily from anthropology, sociology, psychology, etc. By obtaining a diploma or degree in Business Administration or Management, a person becomes qualified for the job of a manager.

    Management is both a science and an art. The knowledge, is skills, techniques and principles which managers use in managing are broadly referred to as the field of management science. It is regarded as an art because the performance of managerial functions requires certain skills which are a personal possession of a manager. Management is recognized as a science because it has developed certain principles and techniques which have more or less universal application.