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 ...".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.[Jargon File](1995-02-28)