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What is the safest conclusion when management is considered a profession?

Answer and explanation

Correct answer: Management has many features of a profession, but it is not a full-fledged profession

Management has several features of a profession, such as specialised knowledge, formal education, professional associations and ethical standards. However, entry into management is not legally compulsory or fully restricted in the way it is for professions such as law or medicine; a mandatory licence is not required to become a manager. Therefore, management is not considered a full-fledged profession. Exam tip: remember that the key limitation is the absence of compulsory legal restrictions on entry.

Related tags

Management As ProfessionSpecialised KnowledgeProfessional EthicsEntry RestrictionsClass 12 Business StudiesManagement As A ProfessionNature And Significance Of ManagementBusiness Studies

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