Nature and Significance of Management
Argument in Favour:
Well Defined Body of Knowledge: The foremost quality of a professional is thepossession of specialised knowledge. Management has its own principles based onexperiments and which requires special competence to bring them into use. On the basis ofthis speciality, management can be accepted as a profession.
Argument in Against:
Restricted Entry: The entry to a profession is restricted through acquiring an educationaldegree. For example, a degree in Law is essential for joining the Law profession. But as far asthe management is concerned there is no such condition for being a manager. Hence, onthis basis, management cannot be accepted as a profession.
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Explain any five features of management.
Explain, in brief, ‘management’ as an activity.
How is Management a 'Goal Oriented Process'?
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