Question

Management is taught as a specialized subject in reputed institutes such as IIM. Which feature of management is inferred from the said statement? Management is - ____.

• A. Science
• B. Art
• C. Profession
• D. None of the above

Hint:

If the question mentions education, training, or specialized institutes, the answer is usually Profession. If it mentions rules and logic, think Science.

Answer 1

The Correct Option is C

Step 1: Understanding the Concept:
A profession is an occupation backed by specialized knowledge and formal training. Management is increasingly moving toward this status.

Step 2: Detailed Explanation:
One of the key characteristics of a Profession is "Well-defined body of knowledge."
• Just as medicine and law have specialized schools, management is now taught through dedicated degree programs (like MBA) in institutes like the Indian Institutes of Management (IIMs).
• The fact that there is a structured curriculum and specialized educational pathways indicates that management has the features of a profession.
• However, unlike law or medicine, there is currently no legal restriction on who can be a manager, so it is often called an "emerging profession."

Step 3: Final Answer:
The statement implies that Management is a Profession.