Question

Discuss the basic features of management as a profession.

Options

• Well-defined Body of Knowledge

• Professional Association

• Service Motive

• All of the above

Answer 1

All of the above

Explanation -

The fundamental characteristics of management as a profession Management as a profession has the following characteristics :

1. Body of Knowledge that is well-defined All professionals are founded on a well-defined body of knowledge that can be learned through instruction.
2. Professional Organization In India, there are several associations of practising managers, such as the AIMA (All India Management Association), that have established a code of conduct to govern the activities of their members.
3. Motivation for Service All business organisations strive to provide a high-quality product or service at a reasonable price, thereby benefiting society.
   Thus, we can say that management does not meet the exact criteria of a profession, but it does have some characteristics of a profession.