MGMT 1053 Lecture Notes - Lecture 3: All India Management Association, Chartered Accountant, Professional Association
Document Summary
You have understood so far that all forms of organised activity need to be managed. You would also have observed that organisations look for individuals with specific qualifications and experience to manage them. It has also been observed that there has been an increase in the corporate form of business on the one hand and increasing emphasis on managed business concerns. Restricted entry: the entry to a profession is restricted through an examination or through acquiring an educational degree. For example, to become a chartered accountant in india a candidate has to clear a specified examination conducted by the. Professional association: all professions are affiliated to a professional association which regulates entry, grants certificate of practice and formulates and enforces a code of conduct. All doctors, for example, take the oath of ethical practice at the time they enter the profession.
