answersLogoWhite

0

Mismanagement of the parastatals by the top management is one of the causes of financial failure. Corruption and the use of the traditional methods are also the other causes of the financial failure in parastatals.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Causes of corporate failure?

causes of corporate failure


What is residence certificate?

Advantages and disavantages of parastatals companies


What is residence number?

Advantages and disavantages of parastatals companies


What causes engine failure?

There are four causes of the engine failure. The four causes of the engine failure includes engine overheating, lubrication problems, misassembly , and detonation.


What is the definition of defaoult?

A failure to meet financial obligations, or a failure to appear in court.


What is residence certificate number?

Advantages and disavantages of parastatals companies


What are the major contributing causes to the failure of uplift unionism?

Some major contributing causes to the failure of uplift unionism include lack of member participation and engagement, insufficient financial resources, and inadequate organizational infrastructure. Additionally, resistance from management or external forces can also hinder the success of uplift unionism efforts.


An entrepreneur risks in return for financial gain?

failure


What causes heart failure?

cocaine


What are the causes of flapping tremor?

Liver failure, renal failure, co2 narcosis


What is legal offense code FMFR?

The legal offense code FMFR typically stands for "Failure to Maintain Financial Responsibility." It refers to the failure to provide evidence of having valid insurance or other means of financial responsibility for operating a vehicle, as required by law.


Why was widespread bank failure both financial and social problem?

While widespread bank failure was certainly a financial problem, it was also a social problem. This is because the failure of the banking system and stock markets has implications on social behaviors and events.