Ethical code of conduct characteristic is related to:
Solution
✅ Correct Option: 1
Option 1 -> Management as a profession has distinct characteristics including specialized knowledge, formal training, professional associations, and **ethical code of conduct** which guides professional behavior. Option 2 -> Management as an art focuses on personal skills, creativity, and practical application of knowledge - it does not inherently require an ethical code of conduct. Option 3 -> Management as Science emphasizes systematic knowledge, principles, experimentation and universal validity - ethical codes are not a characteristic of scientific approach. Option 4 -> Management as both Science and art combines systematic principles with practical application, but ethical code of conduct is not a defining feature of this combination. Hence, Option 1: Management as a profession -> Ethical code of conduct is a fundamental characteristic of any profession. Professional bodies establish codes of ethics that regulate the conduct and behavior of their members, ensuring accountability, integrity, and service to society. This distinguishes professions (like medicine, law, accounting) from mere occupations. While management is still evolving as a profession, ethical codes of conduct are associated with its professional aspect. -> correct
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