Which statement best describes management as a profession?
Correct answer: D. It requires specialised knowledge and ethical standards
- A. It requires membership in one universal licensing body
- B. It depends only on personal experience
- C. It is limited to government organisations
- D. It requires specialised knowledge and ethical standards
Explanation
Management has features of a profession because it uses specialised knowledge, formal education, and accepted ethical standards. However, it is not restricted to government organisations or governed by one universal licensing body.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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