Worldcom Management Function

Worldcom Management Paper Jacqueline Warden July 26, 2010 WorldCom was founded in 1983 by Bernard Ebbers as a little recollective distance discount telecom gild base in Mississippi. Worldcom acquired many sm alone companies and later became one of the largest long distance providers by 1995. In 1997, WorldCom took over MCI, and became the second largest telecom bon ton in America after AT&T. after WorldCom entered the internet industry, they soon found that they were acquiring a debt non a profit. At this time, most long distance companies were inform a loss, but WorldCom was fraudulently reporting a profit. WorldComs chief financial officer, Scot Sullivan highly manipulated the companys financial data and ordered other members to do the same. I am going to show how the functions of instruction influenced the legal issues, ethics, and corporate kindly responsibility of WorldCom. (Save On Phone, 2002) Management planning is an essential department of any organization and is essential for the efficient working of an organization. The management planning of WorldCom has not shown to be good at all when it came to accurately reporting high profits and making the company look profitable instead of showing the company in debt.

Because WorldCom failed to report correctly, many people including stakeholders were cheated. For a organization to be successful, I believe the management planning is very crucial. WorldCom did not follow the right, ethical and legal conduct according to the standards of the company and was declared bankrupt in the end. The once well cognise company that was known as the second largest telecom communications company in 2002 was known as bankrupt collectable to fraudulent activity and corrupt practices. From a legal hitch of view, the company made faulty representations in its accounts and manipulated the debt of cd million dollars. The high level of management of WorldCom didnt address that they were falsely reporting incorrect figures to... If you want to get a full essay, order it on our website: Orderessay

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