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Nature and Significance of Management
Question
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Is management a profession on the basis of 'Ethical code of conduct'?

Answer

Ethical Code of Conduct: Members of a profession are bound to follow a code ofconduct. By Code of Conduct, we mean the rules and regulations framed to guide thebehaviour of professionals. The code of conduct of already recognised professions like Law,Medical and Chartered Accountant, etc. have already been prescribed but no suchcode of conduct has been laid down in connection with management. On this basis it can beasserted that management is not at all a profession.

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Some More Questions From Nature and Significance of Management Chapter

Explain, in brief, ‘management’ as an activity.

Explain, in brief, ‘management’ as a process. 

How is Management a 'Goal Oriented Process'?

Management is not visible, it can only be felt. Explain.

How is management a Continuous Process?

Explain, in brief, management as a 'Dynamic Function'.

Explain 'Management of people' as a dimension of management.

Explain in brief, 'management' as a group of people having managerial responsibilityfor an enterprise. 

State any two characteristics of management.

What is meant by Management?