management

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management:

see industrial managementindustrial management,
term applied to highly organized modern methods of carrying on industrial, especially manufacturing, operations. The Rise of Factories
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management

(1)
Corporate power elites distinguished primarily by their distance from actual productive work and their chronic failure to manage (see also suit). Spoken derisively, as in "*Management* decided that ...".

management

(2)
Mythically, a vast bureaucracy responsible for all the world's minor irritations. Hackers' satirical public notices are often signed "The Mgt"; this derives from the "Illuminatus!" novels.
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