management

/ˈmænɪdʒmənt/
noun
  1. The process of controlling or organizing people, work, or resources to achieve a goal.
    • She studied management in college and now runs her own business.
    • The project failed due to poor management of time and money.
    • Good management is essential for a company to succeed.
  2. The group of people who control or run a company, organization, or team.
    • Management decided to give all employees a holiday bonus.
    • The new management introduced several changes to the store's policies.
    • The workers met with management to discuss their concerns.
  3. The act of dealing with or controlling a difficult situation or problem.
    • Stress management techniques can help you stay calm under pressure.
    • Effective time management allows you to get more done in less time.
    • The doctor recommended pain management exercises for her back injury.