Word: Management

Pronunciation

/ˈmænɪdʒm(ə)nt/

Definitions

• Noun: The process of controlling, organizing, and directing resources (human, financial, material, etc.) towards specific goals within an organization or system. It involves planning, decision-making, problem-solving, and coordinating efforts to achieve efficiency and effectiveness.

Example sentence: The company’s management team decided on a new strategy to improve productivity.

Phrases:

• “Upper management” refers to the senior executives or directors who make high-level decisions in an organization.
• “Resource management” involves planning and organizing the use of available resources effectively.
• “Time management” is the act or process of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase effectiveness, efficiency, and productivity.

Example Sentences

• Noun: “Effective management is crucial for the success of any business.”
• “She pursued a degree in Business Management to enhance her career prospects.”
• “The project management team ensured that the project was completed on schedule.”

Synonyms

• Administration
• Direction
• Control
• Governance
• Leadership
• Supervision
• Handling
• Running
• Oversight