Management   man·age·ment  (mān'ĭj-mənt) –noun

1. the act or manner of managing; handling, direction, or control.

2. skill in managing; executive ability: great management and tact. 

3. the person or persons controlling and directing the affairs of a business, institution, etc.: The store is under new management. 

4. executives collectively, considered as a class (distinguished from labor ).

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