(i) Well defined body of knowledge: every profession has a well-defined body of knowledge which can be learnt through instruction. This feature is applicable to management, as it is based on a well-defined body of knowledge which can be learnt through instruction. This feature is applicable to management, as it is based on a well-defined body of knowledge, which can be acquired at different colleges and professional institutes and through a number of books and journals.
(ii) Restricted entry: the entry to a profession is restricted through examination or through acquiring an educational degree. This feature is not applicable to management, as there is no restriction on anyone being designated as a manager in any business enterprise. Anyone can be called a manager irrespective of the educational qualification he/she possess.
(iii) Professional association: For the regulation of any profession, there should be a representative body which regulates entry, grant certificate of practice. This feature is not applicable to management as it is not compulsory for a manger to be a member of a management association.
(iv)Ethical code of conduct: All profession are bounded by a code of conduct which guides the behavior of its member, This feature is not applicable to management as there is no uniform code of conduct for the managers
(v) Service motive: The basic motive of a profession is to serve their clients’ interest by rendering committed service in exchange of committed fees. The task of lawyers is to ensure that his client gets justice. This feature is not applicable to management as the basic purpose of management is to help the organization achieve organizational goals, which is generally profit maximization.
Conclusion: Management is not a full-fledged profession like legal, accounting or medical profession because it does not fulfill all the characteristics of a profession.