a.) It is said that "management is the oldest of arts and the youngest of sciences". The controversy with regard to the nature of management, as to whether it is an art or a science, is very old.

Weigh in on the debate whether Management is a Science, an Art and as a both. Substantiate your stands with relevant examples. (20 marks)

b.)Corporate Social Responsibility (CSR) of business implies the obligations of the management of a business enterprise to protect the interests of society. According to the concept of social responsibility the objective of managers for taking business decisions is not merely to maximize profits or shareholders value but also to serve and protect the interests of other members of a society such as workers, consumers, and the community as a whole.

Considering the importance of CSR, analyze in detail the social responsibility of business towards its different stakeholders. Give examples of your involvement in CSR activities in MSU and what impact the activities to individuals/communities. (20 marks)