Pronunciation: (man'ij-munt), [key]
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).
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.