management management /ˈmænɪdʒmənt/

noun

1. () The act of managing something  ( direction , management )
   the act of managing something
    He was given overall management of the program
   he was given overall management of the program
    Is the direction of the economy a function of government?
   is the direction of the economy a function of government?
   
   
2. () Those in charge of running a business  ( management )
   those in charge of running a business
     Good management is crucial for the success of a business.
   Good management is crucial for the success of a business.