While this might seem confusing, it's important to remember that homographs are words that are spelled the same but have different meanings. In this case, "conduct" can be a noun or a verb:
* Noun: Behavior or way of acting.
* Example: "The student's conduct was exemplary."
* Verb: To lead, guide, or manage.
* Example: "The orchestra conductor conducted the symphony beautifully."
It's important to use context to determine which meaning of "conduct" is intended.