This study was designed to give an insight in the effect of poor management in private owned establishment.
In attempt to focus the study there are formulated research questions.
A questionnaires constructed and issued to 16 staff used as sample from power lux limited. The result of the study indicated that the effects of poor management is very disastrous to the private sector as well as the economy. following this findings some implications were highlighted upon which recommendations were made on how to reduce the effects of poor management in private sectors and the of study.
All over the world management is know to be the very aspect that has contributed immensely in the development of any country’s economy.
It is also refer to coordination of the resources of an organization through the co-operative efforts of others in order to achieve a given target or objective but when any establishment or economy is enable to co-ordinate its resource and the activities of others. Through the process of planning organization directing and controlling in other to achieve a set objectives then poor management is in place.
Poor management could also result from inadequate managerial ability. It could be the inability of the management to utilize the scarce resources under their control as well as the inability to apply the required manpower for executing a particular task.
An establishment or organization could experience poor management when all the require equipment unable to manage the scarce resources effectively this is the possibility of ineffective management. Poor management goes with a lot of uncountable effects which are disastrous and spread like a wild fire. No establishment or economy will like to experience the effect of poor management but nobody can change it especially which poor management has been nursed in an establishment.
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