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Q.Explain: Management as a profession.

Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2026Subjective· 3mImportance★★★★★
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Management has most features of a profession (knowledge, training, associations, ethics) but not a compulsory qualification, so it is an emerging profession.

In this GSEB Class-12 Commerce question, management is judged against the essentials of a profession:

  • Well-defined body of knowledge - management has a systematic, growing body of principles and theories. ✓
  • Formal education and training - available through IIMs, universities and B-schools. ✓
  • Professional association - bodies like AIMA exist to regulate members. ✓ (but membership is not compulsory)
  • Ethical code of conduct - broad codes exist. ✓ (not strictly enforced)
  • Restricted entry / compulsory qualification - NO formal degree or licence is required to become a manager. ✗
  • Service (not only profit) motive - increasingly emphasised. …

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