mismanage

Etymology

mis- + manage

verb

  1. (transitive) To manage an area of responsibility in a way which is inept, incompetent, or dishonest.
    She mismanaged my finances and left me bankrupt.
  2. (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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