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CSEET · Business Laws and Management · Principles of Management and Modern Approaches

Which one of the following statements about management as a profession is correct?

Management shows professional features such as an organised, teachable body of knowledge, but it is not a full profession. No single qualification, licence or statutory membership is compulsory for all managers, so entry is not restricted in the way it is for medicine or law.

  1. AManagement meets every classic test of a profession, including a mandatory common code of conduct and licence for all managers
  2. BManagement has an organised body of knowledge and can be learned through education, but entry is not restricted to a prescribed qualification for all managersCorrect
  3. CManagement is not a profession because it has no knowledge that can be taught
  4. DManagement is a profession because every manager must be a member of a single statutory body

Explanation

Management has a growing body of knowledge taught in institutes, so it shows some features of a profession. However, there is no single compulsory qualification, licence or statutory membership for all managers, so it does not fully qualify. Hence the option stating both points is correct, and the others overstate or deny these facts.

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