Question:
Read the following statements carefully :
Statement I: The entry to a profession is not restricted either through an examination or through acquiring an educational degree.
Statement II: There is no restriction on anyone being designated or appointed as a manager in any business enterprise irrespective of the educational qualifications possessed.
In the light of the given statements, choose the correct alternative from the following:
Read the following statements carefully :
Statement I: The entry to a profession is not restricted either through an examination or through acquiring an educational degree.
Statement II: There is no restriction on anyone being designated or appointed as a manager in any business enterprise irrespective of the educational qualifications possessed.
In the light of the given statements, choose the correct alternative from the following:
Statement I: The entry to a profession is not restricted either through an examination or through acquiring an educational degree.
Statement II: There is no restriction on anyone being designated or appointed as a manager in any business enterprise irrespective of the educational qualifications possessed.
In the light of the given statements, choose the correct alternative from the following:
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Remember: Anyone can legally be called a "manager," but not anyone can be called a "doctor." Management lacks the restricted entry feature of a full profession.
Updated On: Jun 25, 2026
- Statement I is true and Statement II is false.
- Statement I is false and Statement II is true.
- Both Statement I and Statement II are true.
- Both Statement I and Statement II are false.
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The Correct Option is B
Solution and Explanation
Step 1: Concept
Nature of Management and Profession.
Step 2: Meaning
A profession requires specialized knowledge and has a restricted entry governed by a representative body. Management, while increasingly professionalized, does not strictly enforce these entry barriers by law.
Step 3: Analysis
• Statement I is false because entry to a profession (like medicine or law) is strictly restricted by examination and degree requirements.
• Statement II is true because, currently, there is no legal mandate requiring a manager to possess a specific educational degree (like an MBA) to be appointed in a business enterprise.
Step 4: Conclusion
Since the first statement incorrectly defines a profession and the second statement correctly defines the current state of management, Option B is correct.
Final Answer: (B)
Nature of Management and Profession.
Step 2: Meaning
A profession requires specialized knowledge and has a restricted entry governed by a representative body. Management, while increasingly professionalized, does not strictly enforce these entry barriers by law.
Step 3: Analysis
• Statement I is false because entry to a profession (like medicine or law) is strictly restricted by examination and degree requirements.
• Statement II is true because, currently, there is no legal mandate requiring a manager to possess a specific educational degree (like an MBA) to be appointed in a business enterprise.
Step 4: Conclusion
Since the first statement incorrectly defines a profession and the second statement correctly defines the current state of management, Option B is correct.
Final Answer: (B)
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