Correct Answer: Both assertion and reason are correct, and the reason explains the assertion.

Solution : The answer is (a) Both assertion and reason are correct, and the reason explains the assertion.

Management is considered a profession because it requires specialized knowledge, skills, and ethical standards. Management professionals develop their skills through formal education, training, and experience. They also adhere to ethical standards that are set by professional organizations.

The reason explains the assertion because it provides the underlying rationale for why management is considered a profession.

It is important to note that there is some debate about whether management meets all of the criteria for a profession. For example, some people argue that management does not have a strong enough code of ethics or that it does not have a strong enough professional association. However, the assertion that management is considered a profession is still generally accepted.