Management can have 4 different meanings depending on its context (it is always a noun):
1. the act or way of managing; handling, directing, or controlling something
Ex. The teenager’s excellent time management of daily chores and homework allows him free time to play games.
2. the ability or skill of overseeing persons; executive capability
Ex. The teacher has superb management of his students and never wastes time.
3. the person or people who manage; handle, direct, control affairs of a business, institution, workplace, etc.
Ex. A good store requires an efficient and respectable management.
4. the collective executives, as distinguished from laborers
Ex. Why does management make all the money when the employees do all the work?
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