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Reasons for mismanagement of business fund.
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[QUOTE="Ramolak19, post: 339387, member: 72962"] Well I will like to make my own contribution although most people have made some good point. While I also think lack of financial literacy or experience, inadequate budgeting and financial planning, insufficient monitoring and oversight of spending, dishonest or unethical behavior on the part of staff or management, unanticipated costs, external economic factors, or just bad decision-making can all lead to mismanagement of business funds. Mismanagement of funds inside a corporation can also result from other issues like risky investments, excessive spending, inadequate cash flow management, and an inability to adjust to changing market conditions. [/QUOTE]
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Reasons for mismanagement of business fund.
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