Is Management a full-fledged Profession? Give any three reasons in support of your answer.
Answers
Explanation:
(i) Restricted entry: The entry to a profession is restricted through a prescribed qualification. But there is no restriction on anyone being appointed as a manager in any business enterprise. So, presently this feature of profession is not present in the management.
(ii) Professional association: All professions are affiliated to a professional association which regulates entry, grants certificate of practice and formulates and enforces a code of conduct. There are several associations of practising managers in India, like the AIMA that has laid down a code of conduct to regulate the activities of their members. There is, however, no compulsion for managers to be members of such an association. So, presently this feature of profession is not present in the management.
(iii) Ethical code of conduct: AII professions are bound by a code of conduct which guides the behaviour of its members. AIMA has devised a code of conduct for Indian managers but there is no statutory backing for this codes. So, presently this feature of profession is not present in the management. (iv) Service motive: The motive of a profession is to serve their client's interests by rendering dedicated and committed service. The basic purpose of management is to help the organisation achieve its stated goal. If an organisation has a good management team that is efficient and effective, it automatically serves society by providing good quality, products at reasonable prices. So presently this feature of profession is not fully present in the management.
(v) Specialised knowledge: Profession requires specialised knowledge of a particular field, which must be well defined in a formal way.
*Hope this will help you. plz give me a thank and follow me ✌.