Management
/ˈmænɪdʒmənt/
Definitions
- (n.) The act or process of directing and controlling a business or organization.
Effective management is essential for a company's success.
- (n.) The persons in charge of directing and controlling an organization or business.
The management decided to implement new policies.
Related terms
See also
Commentary
In legal contexts, 'management' often refers both to the process and the individuals responsible; clarity depends on context.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.