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Art is the skillful and personal application of knowledge, so management is an art because managers apply principles:

AOnly by rigid fixed rules
BWithout any theory at all
CIdentically in every case
DIn their own personalised way
Answer & Solution
Correct answer: D. In their own personalised way
1. Two dancers or two writers differ in their art. 2. Managers apply knowledge in a personalised way. 3. Creativity and practice matter. _Source: syllabus Business Studies Part I, Chapter 1, Nature and Significance of Management._
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