Question
Is management a profession on the basis of 'Ethical code of conduct'?
Solution
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.