Mismanage Definition

mĭs-mănĭj
mismanaged, mismanages, mismanaging
verb
mismanaged, mismanages, mismanaging
To manage or administer badly or dishonestly.
Webster's New World

(intransitive) To behave, in a management capacity, in a manner which is inept, incompetent, or dishonest.

The fundamental reason why the company failed is that the CEO and other top managers simply mismanaged.
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