mismanagement
/mɪsˈmænɪdʒmənt/The act of handling something poorly or ineffectively, especially in a business or organizational context.
The mismanagement of funds led to the company's bankruptcy.
The poor handling of money caused the company to go bankrupt.
Mismanagement of resources resulted in project delays and budget overruns.
Poor resource allocation caused the project to be delayed and exceed its budget.
Often used in business and organizational contexts to describe poor decision-making or inefficient practices.
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💡Pro Tip
Usage Tip
Use 'mismanagement' to describe poor handling of resources, finances, or affairs in a formal context.
⚡Gold Rule
Formal Context
This word is typically used in formal contexts, especially in business and organizational settings.
📖Word Origin
From 'mis-' (badly) + 'management' (the act of managing).
📝Usage Notes
The term is often used in formal contexts, particularly in business and organizational settings, to describe poor decision-making or inefficient practices.