In order to get admission in chartered accountancy course Yash had to ...
Related Feature of Management as a Profession:
There are four related features of management as a profession, which are as follows:
Well Defined Body of Knowledge: Management as a profession has a well-defined body of knowledge that includes various theories, principles, concepts, and practices. This body of knowledge helps managers to make informed decisions, solve problems, and achieve organizational goals.
Restricted Entry: Like any other profession, management also has restricted entry, which means that not everyone can become a manager. To become a manager, one needs to have relevant qualifications, skills, and experience. In the case of Yash, who wanted to become a chartered accountant, he had to appear for a series of examinations, which shows that the admission criteria for management courses are strict.
Professional Association: Management as a profession has various professional associations, such as the Institute of Management Accountants, the Project Management Institute, and the Institute of Management Sciences. These associations provide support, guidance, and resources to managers in their professional development.
Ethical Code of Conduct: Management as a profession has an ethical code of conduct that guides managers to behave ethically and responsibly. This code of conduct includes values such as honesty, integrity, respect, and fairness. It helps managers to make ethical decisions and avoid unethical practices.
Explanation: In the given scenario, Yash had to appear for a series of examinations to become a chartered accountant, which shows that the admission criteria for management courses are strict. On the other hand, Faisal joined a management college without much formalities. This highlights the feature of restricted entry in management as a profession.
In order to get admission in chartered accountancy course Yash had to ...
D. Ethical code of conduct
It is because, Faisal needs to persue discipline courses before entering into the profession.
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