The document discusses processor management in operating systems. It explains that operating systems must ensure each process receives enough processor time while using processor cycles efficiently. A process is a unit of software that can be controlled by the user, other applications, or the operating system. In single-tasking systems, the operating system allows one application to run at a time, suspending it for interrupts. In multi-tasking systems, the operating system rapidly switches between processes to give the appearance they are running simultaneously. It does this by allocating CPU time to each process and saving/loading their register, stack, and queue states.