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Jaws Management Ltd.

Address

14 Front Street
Helmington Row
Durham
DL15 0RY



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management

1. the act or manner of managing; handling, direction, or control.
2. skill in managing; executive ability: great management and tact.
3. the person or persons controlling and directing the affairs of a business, institution, etc.: The store is under new management.
4. executives collectively, considered as a class .
1. management, direction, social control
usage: the act of managing something; "he was given overall management of the program"; "is the direction of the economy a function of government?"
2. management, administration, governance, governing body, establishment, brass, organization, organisation
usage: those in charge of running a business
In for-profit work, management has as its primary function the satisfaction of a range of stakeholders. This typically involves making a profit , creating valued products at a reasonable cost , and providing rewarding employment opportunities . In nonprofit management, add the importance of keeping the faith of donors. In most models of management/governance, shareholders vote for the board of directors, and the board then hires senior management. Some organizations have experimented with other methods of selecting or reviewing managers; but this occurs only very rarely.

In the public sector of countries constituted as representative democracies, voters elect politicians to public office. Such politicians hire many managers and administrators, and in some countries like the United States political appointees lose their jobs on the election of a new president/governor/mayor.