The term 'manage independently' can be summarized as the ability to take charge of a situation without any outside help. FEND, which is a four letter word, is an acronym for Financial, Evaluate, Negotiate, and Deliver. This means that someone who can manage independently is able to handle financial matters, evaluate options, negotiate deals, and deliver results. This type of person is often seen as a leader in their field, as they are able to take charge and make decisions without relying on others.