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:

Question

Three friends, Aman, Ashish, and Ashi, after completing their MBA from a reputed management institute, formed a startup named ’Solutions’. The goal of the startup was to make a social and environmental impact through its services. ’Solutions’ supports social business ideas to improve living conditions in slums of Mumbai. As all the three friends are specialised in social work, they adopted three different slums of Mumbai and started educating the slum dwellers in their own creative manner. Aman used ’playway method’, Ashish used ’music’ as a method of learning while Ashi used ’activity-based method of learning’. They used basic knowledge in their unique manner and were able to educate the slum dwellers. It implies that skillful and personal application of acquired knowledge varies from individual to individual in achieving desired results.

(a) Identify and state the nature of management discussed in the above case.

Answer 1

Step 1: Read both 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.
Step 2: Evaluate Statement I.
A profession is a vocation that requires specialised knowledge, formal education, and often a license or certification granted by a regulatory body after passing certain examinations. For example, a doctor must have an MBBS degree and a lawyer must have an LLB degree. Entry to a profession is therefore strictly restricted through examinations and educational degrees. Statement I says entry is not restricted, which is false. So Statement I is incorrect.
Step 3: Evaluate Statement II.
Management is an evolving field. Unlike medicine or law, there is no law or regulatory body that restricts a person from becoming a manager based on formal educational qualifications. Any person, regardless of whether they hold an MBA or any other degree, can be appointed or designated as a manager in a business enterprise based on their experience, skills, and the employer's discretion. So Statement II is true and correct.
Step 4: Match with the options.
We found that Statement I is false and Statement II is true. This matches option (B).
Step 5: Verify by checking why management is not a full profession.
Management lacks a universal regulatory body that mandates entry qualifications, which is why anyone can be made a manager. This confirms that Statement II correctly captures the current reality of management.
Step 6: Conclude.
The key distinction is that a formal profession (like medicine) restricts entry, while management currently does not enforce such restrictions.
\[ \boxed{ \text{(B) Statement I is false and Statement II is true.} } \]

Show Hint

The Correct Option is B

Solution and Explanation

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