ManagedEntity is shown in following Figure. It is an abstract class defined in order to represent entities in a managed environment that have all the following semantics in common: (1) a business entity owns or is otherwise responsible for them, (2) management of the entity is critical for maintaining the environment, and (3) the entity is “important” from both a business as well as a management point-of-view. As such, ManagedEntity is a point at which semantically important relationships can be created.<br/>