Examining Business Failure - Worldcom

Examining a dividing line disaster at WorldCom Your Name Your trail Your Class Data Your Instructor The Date Examining a Business Failure at WoldCom This report provide draught enquiry about a large organization harm that occurred at WorldCom. The report will outline a abbreviation of the guinea pig that describes the organizational failure and describes how Organizational Behavior theories could justify or predict wariness failure. The report continues with a analogy of management failures with leadership failures that could have contributed to the organizational failure. The report will give over 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 universe wide. The company’s revenue was approximately $35 one thousand zillion in 20 01 and responsible for networks that connected 79,383 buildings around the ground (Kessler 2002). under 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 employment 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 market store and the expansion of dot com businesses seems to have made fiscal an! alysts 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 regard to get a full essay, order it on our website: OrderCustomPaper.com

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