question_answer 10)

Discuss the basic features of management as a profession.

Answer:

Basic features of management as a profession management as a profession has the following features which are as follows (i) Well-defined Body of Knowledge All professionals are based on a well-defined body of knowledge that can be acquired through instruction. (ii) Professional Association There are several associations of practicing managers in India, like the AIMA (All India Management Association) that has laid the code of conduct to regulate the activities of their members. (iii) Service Motive All business organisations aim to provide good quality product or service at a reasonable price thus serving the society. Thus, we can say management does not meet the exact criteria of a profession but it has some features as a profession.