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How poor management bankrupts a business.
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[QUOTE="Axis, post: 340252, member: 66672"] Poor management can bankrupt or make a business to collapse in so many ways because of the effect that it brings to the business. As a result of poor management in a particular business venture the business books of account will not be kept and maintained up-to-date. It could also mean that each figures recorded in the business books of accounts are recorded falsely and so because of this determining the financial position of the business is impossible or cannot be ascertained. Poor management can also lead to hiring wrong employees who are not devoted to handle business goals and objectives and of course there are insincerity and dishonesty can add to the bankruptcy of the business in less than no time. [/QUOTE]
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