What is the X in X-mas?
The body of individuals who run major businesses, usually without owning them but often with the reward of stock options.
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.