In developing countries, (A)dministrative systems are weak. Procedures, rules, and policies are outdated or poorly designed and implemented. They enable corruption which is one of the debilitating ‘diseases’ that paralyze the development of underdeveloped countries. In an organization with a weak (A) system, budgets are not controlled effectively. For example, when working with a client in Greece, I asked to see his profit and loss…
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Published on December 28, 2018 16:50