This lesson shows why managing processes in Node.js matters. When Node.js starts a child process, it runs code separately from the main app. The parent listens for events like 'exit' to know when the child finishes or crashes. This helps clean up resources and restart tasks if needed. Without process management, apps can hang or leak memory. The example code spawns a child process that prints 'Hello' and exits. The execution table traces each step: spawning, running, exiting, and logging. Key moments explain why listening for exit is important and how spawning helps performance. The quiz tests understanding of output and process states. Overall, managing processes keeps Node.js apps reliable and efficient.