CSEET · Business Laws and Management · Introduction to Management
Management is regarded as a profession only to a limited extent in India mainly because:
Management is only partly a profession because entry is not restricted by a mandatory licence or membership of a statutory body. It does have a systematic body of knowledge and formal education, and it has goals, so those other options are incorrect.
- AIt lacks a legally mandated, uniform membership and licensing requirement for all managersCorrect
- BIt has no body of knowledge at all
- CIt does not involve any goals
- DIt cannot be taught in institutions
Explanation
A full profession needs a body of knowledge, formal education, a representative association and a code of ethics, along with restricted entry. Management has organised knowledge and is taught in institutes, but no compulsory licence or membership is needed to become a manager, so it is not a full profession.
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