Examining Business Failure - Worldcom

Examining a business organisation misery at WorldCom Your Name Your initiate Your Class Data Your Instructor The Date Examining a Business Failure at WoldCom This report provide draught explore about a large organization harm that occurred at WorldCom. The report will outline a abbreviation of the pillowcase that describes the organizational failure and describes how Organizational Behavior theories could justify or predict solicitude failure. The report continues with a analogy of management failures with leadership failures that could have contributed to the organizational failure. The report will reason 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 telecom companies in the United States with an approximately 80,000 strong hands public wide. The company’s revenue was approximately $35 one one thousand million mil lion in 2001 and responsible for networks that connected 79,383 buildings around the ground (Kessler 2002). beneath the leadership of chief operating officer Bernard J.Ebbers, the company was cognise for its unlikely growth through acquisitions. WorldCom was one of the biggest carriers for Internet avocation 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 surface and perception of success of WorldCom coupled with the booming stock foodstuff store and the expansion of dot com businesses seems to ha! ve 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 investigation into WorldCom. In April 2002, Ebbers resigned as CEO after the SEC investigation revealed that the company...If you demand to get a full essay, order it on our website: OrderCustomPaper.com

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