In what ways does the re-imagining of the museum as an executive agency permit the
institution to better face up to the present and future?

I cannot understand what it means. What does ‘To better face’ or to better face up to’ mean? And generally what does this sentence mean?

Thank you


~ In what ways can museums address present and future problems by thinking about a museum as a business that requires effective management (rather than as primarily the acquisition of objects of art or history)?

face up to (the problems of) ~ admit that the problems exist and confront them / address them / do something about them