Which option gives a wrong conclusion about professional nature of management?

Correct answer: Management is a full profession because licence is compulsory for every manager

Management has several features of a profession: it requires specialised knowledge, can involve formal education and training, follows ethical expectations and may include a service motive. However, a full profession generally has stronger features, such as a recognised body, a formal code and restricted entry through compulsory certification or licensing. Management does not require every manager in every organisation to hold a legally compulsory licence before working.

Option D is therefore the wrong conclusion and is the correct choice for this question. Options A, B and C are reasonable statements about management: knowledge is needed, ethical conduct matters and service may guide decisions. The absence of compulsory licensing does not make management unimportant; it only means that management is commonly described as a developing or partial profession rather than a complete profession.