Examining Business Failure - Worldcom

Examining a patronage visitation at WorldCom Your Name Your tutor Your Class Data Your Instructor The Date Examining a Business Failure at WoldCom This report provide draught seek about a large organization harm that occurred at WorldCom. The report will outline a abbreviation of the lawsuit that describes the organizational failure and describes how Organizational Behavior theories could justify or predict forethought failure. The report continues with a analogy of management failures with leadership failures that could have contributed to the organizational failure. The report will decide with a determination of the impact on WorldCom’s structure. The Failure at WorldCom During its fifteen years of operations, WorldCom was one of the biggest long-distance telecommunication companies in the United States with an approximately 80,000 strong hands being wide. The company’s revenue was approximately $35 one one thousand thousand million in 2001 and responsible for networks that connected 79,383 buildings around the ground (Kessler 2002). at a lower place the leadership of chief operating officer Bernard J.Ebbers, the company was know for its unlikely growth through acquisitions. WorldCom was one of the biggest carriers for Internet trade furnish by the acquisitions of UUNET, MCI, and CompuServe. It was responsible for servicing 20 million customers which was alike(p) to the entire population of Texas at the time (Kessler 2002). The sheer size and perception of success of WorldCom coupled with the booming stock food product store and the expansion of dot com businesses seems to have made monetary analysts and enthronization bankers of the time look the other way as auditors failed to carry through the necessary due diligence of their jobs. In 2002 the Securities and Exchange focus sought information from WorldCom about it’s accounting mechanisms and the US Justice Department launched an investigatio n into WorldCom. In April 2002, Ebbers resig! ned as CEO after the SEC investigation revealed that the company...If you fate to get a full essay, order it on our website: OrderCustomPaper.com

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