Final answer:
Diagnostic skills in management refer to the ability to identify and analyze problems, which is crucial in various professional fields including business and engineering.
Step-by-step explanation:
In the context of fundamental management skills, diagnostic skills refer to the ability to identify and analyze problems within an organization or a process. The correct choice is 'b' Identifying and Analyzing Problems. These skills are invaluable for a manager or a professional who aims to improve operational efficiency within fields such as business, engineering, and healthcare. For instance, an undergraduate education in psychology emphasizes critical thinking abilities, which can be applied to various work contexts. Similarly, in engineering practices, it is important to have an ability to apply knowledge of mathematics, science, and engineering; this includes designing, conducting experiments, and interpreting data to solve problems. Moreover, in a microbiology laboratory, skills such as making observations and the ability to communicate and collaborate across disciplines are emphasized, which are akin to diagnostic skills in a broader sense.