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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.
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Expert · Level 17 · management as a profession,professional ethics,honesty,code of conduct,business studies class 12View options
Honesty and adherence to a code of conduct
Giving profit the highest priority in every situation
Because it helps understand effects of a decision on different parties
Because it ends profit
Because it stops knowledge
Because it removes entry rules
Expert · Level 17 · management,profession,conflict_of_interest,ethics,Management as a Profession,Nature and Significance of Management,Business Studies,Class 12 MCQView options
Fair conflict of interest management
Hiding personal gain
Escape from work
Opposition to special knowledge
Expert · Level 17 · management,profession,professional_ethics,knowledge,Management as a Profession,Nature and Significance of Management,Business Studies,Class 12 MCQView options
Knowledge should be used for ethical and responsible decisions
Developing ethical decision ability along with knowledge updating
Only changing designation
Only increasing salary
Only increasing orders
Expert · Level 17 · management,profession,integrity,accountability,Management as a Profession,Nature and Significance of Management,Business Studies,Class 12 MCQView options
A manager stopped a plan to increase sales through false claims. Which professional quality is shown?
Correct answer: A
Stopping a sales plan based on false claims shows honesty and ethical conduct. A professional manager values truthful communication with customers and works in accordance with a code of conduct. Giving profit priority in every situation is incorrect because misleading claims are not acceptable merely to increase sales. Exam tip: Honesty, ethics, and adherence to a code of conduct are key indicators of professional behaviour.
If a manager gave factual information to employees customers and investors during a crisis what is this an example of?
Correct answer: A
During a crisis, employees, customers, and investors need reliable facts to understand what has happened and decide how to respond. Giving factual information to all these groups demonstrates ethical communication and accountability, so option A is correct. It is more than publicity because the purpose is truthful disclosure and responsibility, not merely creating a favourable image. Secret confusion and personal gain do not describe the stated behaviour.
Ethical communication requires accuracy, clarity, timely disclosure, and avoidance of deliberate concealment or misleading statements. Accountability means that the manager accepts responsibility for explaining the situation and answering to affected stakeholders. Honest information can help people assess risk and maintain trust even when the news is difficult. In contrast, hiding facts or changing them for private advantage would weaken confidence. Since the manager shared factual information with several affected groups during a crisis, the example clearly represents ethical communication and accountability. Thus option A follows.
If a manager removed himself from deciding on a bid of a personally related supplier, what is this an example of?
Correct answer: A
The governing concept is conflict-of-interest management, an important part of professional conduct. A manager who has a personal relationship with a supplier may consciously or unconsciously favour that supplier, even when another bid is better. By withdrawing from the decision and allowing an impartial person or committee to evaluate the bids, the manager protects fairness, transparency, and organisational resources. This does not mean escaping work; it means avoiding an improperly influenced decision while following an accountable procedure. Option B is incorrect because the manager is disclosing and managing the possible conflict, not hiding personal gain. Options C and D do not describe the ethical issue. Therefore, option A is correct.
Which statement gives the correct relation between professional knowledge and ethics?
Correct answer: A
The governing concept is that professionalism combines competence with ethical responsibility. Professional knowledge gives a manager the ability to analyse information, understand alternatives, and predict consequences, but it does not by itself decide what is fair or responsible. Ethical principles guide the use of that knowledge so that decisions respect stakeholders, laws, organisational values, and long-term trust. Option A correctly connects knowledge with responsible action. Option B is wrong because expertise cannot justify unethical conduct. Option C is wrong because ethics improves the quality and legitimacy of knowledge-based decisions. Option D is clearly false because managerial decisions depend on both sound information and values. Thus, A is the unambiguous answer.
If a manager issued wrong accounting information for organisational gain, which professional principle is seriously violated?
Correct answer: A
The governing principle is integrity in professional reporting. Accounting information is used by managers, owners, employees, lenders, regulators, and other stakeholders to make decisions. Issuing information that the manager knows to be wrong misrepresents the organisation’s position and can cause financial loss, legal consequences, and damage to trust. A claim that the organisation benefits does not excuse dishonesty; professional responsibility requires truthful, accurate, and properly supported information. Option A is therefore correct because it includes both honesty in communication and accountability for the consequences. Division of work concerns allocation of tasks, training concerns skill development, and entry qualification concerns eligibility for a role. None of these addresses deliberate misreporting.
A manager challenged an unfairly profitable policy before the board on ethical grounds. What does this show?
Correct answer: A
Ethical courage means being willing to speak against a decision that may produce financial benefit but is unfair or wrong. The manager in this situation does not remain silent. By presenting the concern to the board on ethical grounds, the manager accepts professional responsibility and supports fairness, even when challenging a powerful authority. Therefore, option A, professional ethical courage, is the best answer.
This is not merely a habit of opposition. The challenge is based on a clear moral reason: the policy gives an unfair benefit. Aimlessness would mean having no direction, while distance from knowledge is unrelated to the case. Ethical courage does not require rejecting every policy; it requires questioning a policy when evidence shows that it conflicts with fairness, responsibility, or accepted professional standards.
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