The term "management team" refers to a group of individuals who are responsible for managing and overseeing the operations, resources, and activities of an organization or business. This team typically includes high-level executives such as CEOs, COOs, CFOs, and other senior leaders who work together to set strategic goals, develop plans, and make decisions that drive the success of the company. The management team is responsible for managing resources, allocating funds, hiring employees, and ensuring that the organization operates efficiently and effectively in pursuit of its objectives.