Step 1: Understanding the Concept:
Management philosophy characterizes management as both a systematic science (theoretical body of knowledge) and an applied art (practical application of personal skills).
Step 2: Detailed Explanation:
In management theory:
- Management as a Science involves a systematic, organized body of theoretical principles and universal laws explaining 'why' and 'how'.
- Management as an Art emphasizes personalized application, practical execution, creativity, and the perfection of decision-making skills through continuous training, experience, and practice.
Step 3: Final Answer:
Thus, management is an art because It develops skills through training and practice, corresponding to option (C).