Explain the features of management that do not establish it as a profession.

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asked Jan 10, 2018 in Business Studies by jisu zahaan (28,760 points) 26 377 821
Explain the features of management that do not establish it as a profession.

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answered Jan 10, 2018 by faiz (82,347 points) 6 6 11

The features of management that do not establish it as a profession are:
1. Restricted entry - The entry to a profession is restricted through a prescribed qualification. But there is no restriction on any one being appointed as a manager in any business enterprise.
2. Professional association - All profession are affiliated to professional association which regulates entry, and grants certificate of practice. There is no compulsion for managers to be members of such an association.
3. Ethical code of conduct- All professions are bound by a code of conduct which guides the behaviour of its members. AIMA has devised a code of conduct for Indian manager but there is no statutory backing for this code.
4. Service motive - The motive of a profession is service to their client’s interests by rendering dedicated and committed service.
The basic purpose of management is to help the organization achieve stated goal which may be profit maximization. However, profit maximization as the objective of management does not hold true and is fast changing. So, presently this feature of profession is not fully present in management.

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