MISMANAGEMENT IN FINANCIAL INSTITUTION (BANK) EFFECT AND SOLUTION
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
STATEMENT OF THE PROBLEM
The master key to the success of any institution (financial and non – financial) according to Henri Fayol in principles of management 1. is the effective management system.
This could be achieved through the handwork of the director, managing director, management staff and all other workers in the organization. The major role lies on the head of the board of directive (BOD) and managing director.
Management according to Luther Gulick simple means the organizing planning, implementing, controlling and directing of resource in an organization.
This study is based on financial institution like banks, and there are two type of resource that can be found in a bank they are human and material resource. Material resource includes money and other inanimate objects found in bank. Management is a personal thing that requires a personal touch
1.3 PURPOSE OF STUDY
The purposes of the study are as follows
- To find out he cause of mismanagement in banks
- To study how it is executed by the appointed officers and staff of banks
- To know its influence on the banks affected and the government
- To determine whether it affects economy of the nations
- To find out the means that can be adopted by banks to solve and put to and the mismanagement of resources
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