Aman, Ahmad and Ally are partners in a firm engaged in the distribution of dairy products in Maharashtra state. Aman is a holder of a Senior Secondary School Certificate from the Central Board of Secondary Education with Business Studies as one of his elective subjects. Ahmad had done his post-graduation in History and Ally in dairy farming.

Aman, Ahmad and Ally are partners in a firm engaged in the distribution of dairy products in Maharashtra state. Aman is a holder of a Senior Secondary

Aman, Ahmad and Ally are partners in a firm engaged in the distribution of dairy products in Maharashtra state. Aman is a holder of a Senior Secondary School Certificate from the Central Board of Secondary Education with Business Studies as one of his elective subjects. Ahmad had done his post-graduation in History and Ally in dairy farming. One day there was a serious discussion between Ahmad and Ally regarding the nature of management, Ahmad argued that management was a profession. Whereas Ally argued against it saying that the legal and medical professions are the only professions because they fulfill1 all the conditions of the profession. Aman on the basis of his knowledge of business studies explained the nature of management as a profession to Ahmad and Ally. Explain, how Aman would have satisfied both Ahmad and Ally (CBSE Board 2015)

Answer: Aman would have satisfied both Ahmed and Ally by explaining the following features of management as a profession.

(i) Well-defined body of knowledge: All professions are based on a well-defined body of knowledge that can be acquired through instruction. Management is based on a systematic body of knowledge comprising well-defined principles. This feature of the profession is present in management.

(ii) Restricted entry: The entry to the above-stated profession is restricted through a prescribed qualification. However, there is no restriction on anyone being appointed as a manager in any business enterprise. Therefore, presently this feature of the profession is not present in management.

(iii) Professional association: Legal and medical professions are affiliated to a professional association like bar council and medical council which regulates entry, grants certificate of practice and formulates and enforces a code of conduct. There are several associations of managers in India. Like the AIMA that has laid down a code of conduct to regulate the activities of their members. There is, however, no compulsion for managers to be members of such an association. Therefore, presently this feature of the profession is not present in management.

(iv) Ethical code of conduct: Legal and medical professions are bound by a code of conduct that guides the behaviour of their members. AIMA has devised a code of conduct for Indian managers but there is no statutory backing for this code. Therefore, presently this feature of the profession is not present in management.

(v) Service motive: The motive of the legal and medical profession is to serve their client’s interests by rendering dedicated and committed service. The basic purpose of management is to help the organisation achieve its goals by providing good quality products at reasonable prices, thereby serving society The above discussion shows that management does not satisfy all the criteria of a profession. Through the above discussion, Aman would have been able to satisfy both Ahmed and Ally by making them understand that Management is a profession but not a full-fledged or a true profession.


Aman, Ahmad and Ally are partners in a firm engaged in the distribution of dairy products in Maharashtra state. Aman is a holder of a Senior Secondary School Certificate from the Central Board of Secondary Education with Business Studies as one of his elective subjects. Ahmad had done his post-graduation in History and Ally in dairy farming.


More Question

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  14. Explain the first three steps in the process of 'Planning'. (CBSE BOARD 2016)
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  19. Define 'Objective'? ( CBSE Question)
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  29. Explain any five negative impacts of liberalization and globalization
  30. Enumerate any ten Positive impacts of liberalization and globalization.
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