Which of the following statements are not correct in the context of management as a profession? Choose the correct answer from the options given below:
B, D and E only
A. Management is a systematic body of knowledge. Correct – Management draws on principles, theories, and practices, making it a well-structured body of knowledge.
B. Entry for designation or appointment as a manager is restricted through an educational degree. Not Correct – Unlike true professions (like law or medicine), entry into management is not legally restricted to degree holders.
C. The purpose of management is to help the organisation achieve its stated goals.Correct – This is a fundamental aim of management.
D. Managers are not bound to follow ethical codes of conduct laid by professional associations.Not Correct – While enforcement may not be legal, managers are expected to follow ethical codes, and such codes do exist (e.g., through AIMA).
E. There is a compulsion for managers to have professional association with All India Management Association (AIMA). Not Correct – There is no compulsion; it's voluntary, unlike professional bodies like the Bar Council or Medical Council.
Similar Questions
Rakesh is working as a finance manager in Ajanta Limited. He interprets and communicates the policies framed by the Board of Directors to his personnel. Identify the level of management at which Rakesh is working.
Identify the characteristic of management according to which management includes management of work, management of people, and management of operations.
Identify the process that synchronises all the functions of management together so that organisational goals are achieved.
Important Questions from Nature and Significance of Management
Rakesh is working as a finance manager in Ajanta Limited. He interprets and communicates the policies framed by the Board of Directors to his personnel. Identify the level of management at which Rakesh is working.
Identify the characteristic of management according to which management includes management of work, management of people, and management of operations.
Identify the process that synchronises all the functions of management together so that organisational goals are achieved.
"Coordination unifies unrelated interests into purposeful work activity." Identify the nature of coordination.
"Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result." From the above statement, identify the feature of management.
