12th Class Business Studies Sample Paper Business Studies Sample Paper-5

  • question_answer
    "It can be said that management has some characteristics of profession, but it is still not a full-fledged profession." Comment whether this statement is true or false. Also give three reasons in support of your answer.

    Answer:

    On studying management as a profession, it can be said that management is not a full-fledged profession but only a developing profession, therefore the said statement is true. Following are the three main reasons in support of the said statement: (i) Like profession, management has a well- defined body of knowledge which can be acquired through courses like MBA, BBA, etc. (ii) Entry into the profession of management is not restricted through any examination or degree. (iii) Unlike other professions, membership of any professional association is not mandatory for managers.


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