Question : Statement 1: Management is a profession.
Statement 2: Management does not require specialized knowledge and skills.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Statement 1 is true, and Statement 2 is false.
Solution : The correct answer is (c) Statement 1 is true, and Statement 2 is false.
Statement 1 is true because management is considered a profession, and there are professional organizations, certifications, and academic programs related to management. Many individuals pursue careers in management and develop specialized knowledge and skills in the field.
Statement 2 is false because management does require specialized knowledge and skills. Effective management involves a range of skills, including leadership, decision-making, communication, and problem-solving, as well as an understanding of various management theories and practices. Specialized knowledge and skills are essential for successful management.