The Law Dictionary

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MANAGEMENT SYSTEM Definition & Legal Meaning

Definition & Citations:

Documented, tested, step-by-step method of issue-free functioning using standard practices. Contains details on (1) enterprise management, (2) corporate policy implementation, (3) accounting, monitoring, and quality control procedures implementation, (4) selecting and developing employees, (5) selecting suppliers to get best value from them, and (6) marketing and distribution. Used primarily in franchising industry.

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This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.