Management vs Economic - What's the difference?
management | economic |
(uncountable, management) Administration; the process or practice of managing.
(management) The executives of an organisation, especially senior executives.
*
, title=(The Celebrity), chapter=4
, passage=Mr. Cooke at once began a tirade against the residents of Asquith for permitting a sandy and generally disgraceful condition of the roads. So roundly did he vituperate the inn management in particular, and with such a loud flow of words, that I trembled lest he should be heard on the veranda.}}
(uncountable) Judicious use of means to accomplish an end.
Pertaining to an economy.
* {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
, title= Frugal; cheap (in the sense of representing good value) ; economical.
Pertaining to the study of money and its movement.
' Economical is preferred when referring to thrift or value for money.
As a noun management
is management (administration; the process or practice of managing).As an adjective economic is
economic.management
English
(wikipedia management)Noun
(en-noun)Synonyms
* (process or practice of managing) mgt, mgmtDerived terms
(Terms derived from management) * advanced traffic management * anger management * content management system * cross-platform application management * change management * database management system * inventory management * knowledge management * data management * document management system * management summary * master data management * micromanagement * middle management * time management * management cybernetics * strategic management * Human Resource Management * risk management * package management system * performance management system * project management * soil managementeconomic
English
Alternative forms
* economick (archaic) * (archaic) * (obsolete)Adjective
(en adjective)Boundary problems, passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too. GDP measures the total value of output in an economic territory. Its apparent simplicity explains why it is scrutinised down to tenths of a percentage point every month.}}
Usage notes
Modern usage prefers economic' when describing the economy of a region or country (and when referring to personal or family budgeting).' Economical is preferred when referring to thrift or value for money.