Английский для экономистов (учебник английского языка). Денис Шевчук

defined as the formulation of priorities and plans.

      TEXT 6

      MANAGEMENT AS A PROFESSION 

      The criteria necessary for professional status include three major components:

      – An acceptable level of competence in a specified field of knowledge.

      – The placing of the interests of society before personal interests in carrying out functions of the profession.

      – A code of conduct as behavior imposed upon members and usually enforced internally.

      If we examine the field of managementin light of thesecharacteristics, what shall we find out?

      Thereis no question that management as a discipline has developed a body of knowledge, which is becoming more and more sophisticated part of the curriculum in many academic institu–tions. Research in the field, particularly in the quantitative and behavioral areas, shows promise of making even more signi–ficant advances in the future. More and more academic institu–tions offering business programs are devoting their primary attention to graduate education in the area of management, with a particular emphasis on both theoretical and practical research. A growing number of business schools are making efforts to integrate faculty move closely with members of the business community so as to apply research findings to actual business problems.