1. The act of supervising and monitoring management activities, decisions, and performance to ensure compliance with organizational policies and objectives
The board of directors provides management oversight to ensure the company operates ethically and profitably.
O conselho de administração fornece supervisão gerencial para garantir que a empresa funcione de forma ética e lucrativa.
2. A failure or neglect in supervisory responsibility; inadvertent omission or lack of attention
The accounting error was due to management oversight in the financial review process.
O erro contábil foi devido à supervisão inadequada no processo de revisão financeira.