The club had healthy profits and was generating a good amount of cash—one of the surest measures of a well-managed business.
And although there may be abuse, in well-managed companies it is quite infrequent.
“After August 2002, it was a well-managed program with specific instructions with what to do,” Rodriguez insisted.
1560s, probably from Italian maneggiare "to handle," especially "to control a horse," ultimately from Latin noun manus "hand" (see manual (adj.)). Influenced by French manège "horsemanship" (earliest English sense was of handling horses), which also was from Italian. Extended to other objects or business from 1570s. Slang sense of "get by" first recorded 1650s. Related: Managed; managing. Managed economy was used by 1933.
To cope satisfactorily; survive; get by: It's a lot to pay, but we'll manage (1655+)