In iOS and macOS, configuration profiles are XML files that contain settings to manage Wi-Fi, email accounts, passcode options, and many other functions of iPhone, iPod touch, iPad, and Mac devices. To use them, you must have either iOS 4 or later or macOS.
Profiles can be installed through a web page, via email, or by using the iPhone Configuration Utility from Apple. Profiles can also be updated remotely by a mobile device management service.
On System Preferences on macOS (previously known as Mac OS X) the Profiles pane would only show when you have a configuration profile already installed on your computer. If there is none installed you will not be able to see the option available. Rest assured that if its not there it means no profiles are installed, now if you were to install a configuration profile of any kind you will see the option show on your system.
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