Main Entry: man·age·ment

Pronunciation: \ˈma-nij-mənt\

Function: noun

Date: 1598

1 : the act or art of managing : the conducting or supervising of something (as a business)
2 : judicious use of means to accomplish an end
3 : the collective body of those who manage or direct an enterprise

— man·age·men·tal \ˌma-nij-ˈmen-t^əl\ adjective