"lax management" is an appropriate phrase to use in written English.
For example, "The company failed due to lax management that allowed a number of critical problems to go unchecked."
The damage wrought by lax management and cronyism have already been considerable.
In a report in June, army investigators said the cemetery suffers from lax management.
It plans to focus on companies with lax management and underperforming assets.
JAL, the largest Japanese airline, has been reeling from plunging revenues and years of lax management.
But other insiders agree with the SRA's criticisms of lax management of cost-plus maintenance contracts.
Democratic lawmakers on the House Oversight Committee criticized the department for lax management of overly aggressive security contractors.
And it lost 434 billion dong in 2011 because of lax corporate management and "protracted wrongdoings in business management," the government report said.
He added: "I am determined to reverse decades of lax inventory management to ensure that MoD assets are managed much more efficiently in the future.
The S.E.C.'s settlement document frequently mentioned lax "senior management".
A graduate of the Massachusetts Institute of Technology, he spent his career at Goldman Sachs and the New York Stock Exchange before Merrill's board asked him to calm a firm rife with palace politics and glaringly lax risk management.
To an industry known for lax, decentralized management of its facilities and little innovation, Mr. Floyd brings a keen emphasis on accountability and is experimenting with more than a dozen new, potentially more profitable health care services.
