In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.

Management like any other art can be learnt and developed. Management means managing all our (1)______- money, material, machines and most importantly, manpower. Since we can maximise (2)______ only through people they have to be treated well. (3)______ is the key to man-management. People can be forced to work but they have to be motivated to work well. People can be motivated as much through (4)______ for doing their best as through timely and brief reprimands for poor performance. In order to maximise production, a manager will have to be ‘tough and nice’, not ‘nice and tough’ because everyone needs not only to be praised but also (5)______.