All over the world management is known to be one of the key aspects that has contributed immensely in the development of any country’s economy.
It is also referred to us the coordination of the resources of an organization through the corporative efforts of others in order to achieve a given target or objective. But when any establishment of economy is unable to coordinate its resources and the activities of others through the process of planning, organizing, directing and controlling in order to achieve. Then poor management is in place. Poor management could also result from inadequate managerial ability. It be the inability of the management to utilize the scare 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 required equipment unable to manage the scare resources effectively. This is the possibility of ineffective management. Poor management goes with a lot of uncountable effects which are disastrolls 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 when poor management has been unused in an establishment.
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