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Business Studies

Management as a Profession

In Class 12 Business Studies, this topic examines whether management can be regarded as a profession. Students learn the main features of a profession, including specialised knowledge, professional education and training, professional associations, an ethical code, and a service motive. They then compare these features with management and understand that, although management requires expertise, formal learning, and ethical conduct, it is not considered a full-fledged profession because entry is not legally restricted and membership in a professional association is not compulsory.

Hard · Level 1 · 25 questions

TOPIC PRACTICE

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25 questions

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  1. It is a full profession because entry is completely open
  2. It is an emerging profession with many professional features
  3. It is not a profession because it has no knowledge
  4. It is only business so ethics is not needed
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  1. Assertion is true but reason is false
  2. Assertion is false but reason is true
  3. Both assertion and reason are true
  4. Both assertion and reason are false
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  1. Absence of specialised knowledge
  2. Absence of completely restricted entry
  3. Absence of service motive
  4. Absence of ethics
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  1. Every manager being a compulsory association member
  2. Availability of specialised managerial knowledge and training
  3. Existence of a common legal licence
  4. Entry being completely closed
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  1. Specialised knowledge
  2. Code of conduct and ethics
  3. Training
  4. Association membership
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  1. Specialised knowledge code of conduct and service motive
  2. Only salary and leave
  3. Only office and chair
  4. Only order and authority
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  1. When a manager works only through fear without knowledge
  2. When management education training and ethical standards are developing
  3. When management has no association
  4. When every decision is only for personal gain
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  1. Both assertion and reason are true and reason correctly explains assertion
  2. Assertion is true but reason is false
  3. Assertion is false but reason is true
  4. Both assertion and reason are false
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  1. Looking only at owner's profit
  2. Balancing interests of all stakeholders and society
  3. Only giving orders to employees
  4. Always rejecting profit
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  1. Training alone completes professionalism
  2. Ethical conduct is also necessary along with knowledge
  3. Ethics is irrelevant in management
  4. Service motive is only advertisement
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  1. It has specialised knowledge
  2. Training is available in it
  3. Every manager has compulsory association membership in it
  4. Ethics is expected in it
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  1. Only positional authority
  2. Continuous professional development and service motive
  3. Complete entry restriction
  4. Informal guesswork
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  1. Knowledge and ethics are important in a profession
  2. Management has some professional features
  3. Profession means only getting higher salary
  4. Training is useful in management
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  1. Service motive and social responsibility
  2. Availability of specialised knowledge
  3. Division of work
  4. Need for training
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  1. Both assertion and reason are true and reason correctly explains assertion
  2. Assertion is true but reason is false
  3. Assertion is false but reason is true
  4. Both assertion and reason are false
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  1. A manager works after training
  2. A manager follows code of conduct
  3. A person is appointed manager without a fixed licence
  4. A manager considers social interest
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  1. Specialised knowledge completely absent
  2. Entry fully legally controlled
  3. Specialised knowledge available but entry not fully restricted
  4. Service motive impossible
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  1. Ethical conduct and service motive
  2. Only training calendar
  3. Work measurement
  4. Hierarchy
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  1. They indicate knowledge standards but do not prove compulsory membership for every manager.
  2. They show that management has no specialised knowledge.
  3. They prove that every manager holds a professional licence.
  4. They make a service motive impossible in management.
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  1. Assertion is false but reason is true
  2. Assertion is true but reason is false
  3. Both assertion and reason are true and reason correctly explains assertion
  4. Both assertion and reason are false
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  1. Lack of service motive and ethical responsibility
  2. Complete lack of knowledge
  3. Always an absence of training
  4. The presence of a professional association
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  1. Code gives ethical guidance but legal punishment is not same everywhere
  2. Code is always useless
  3. Law and code are always exactly same
  4. Code is only decoration
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  1. Manager uses cost techniques to make a safe and fairly priced product
  2. Manager uses knowledge to mislead customers
  3. Manager hides reports after training
  4. Manager ignores social interest and sees only personal gain
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  1. Fully correct because other features are also absent
  2. Partly correct because this makes it not a full profession but an emerging profession
  3. Wrong because entry is always legally restricted
  4. Wrong because management needs no knowledge
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  1. Only by designation
  2. By knowledge, ethics, service and accountability
  3. Only by office size
  4. Only by salary

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