Management
/mˈænədʒmənt/
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Definition
(noun) Administration; the use of limited resources combined with forecasting, planning, leadership and execution skills to achieve predetermined specific goals.
Sentence Examples
Management of a company is different from ownership of a company.
A successful business is built on careful financial management.
CEFR Practice Quiz
The ____ of the company made some bad choices that led to a significant decrease in their profits.