Wednesday, November 13, 2013

Examining A Business Failure

University of PhoenixOrganizational LeadershipLDR/531February 15, 2010Organizations today must stay in focus in order to stay competitive and successful. There are generation when an organization fails collectible to various reasoning?s. Today?s paper give focus on examining a statement of descent failure. The business of news in this paper will be WorldCom. Organizational behavior theories will be discussed. to a fault on that point will be a discussion on what office did management, leadership, and the organizational structure play on the failure of the business. first-year there will be a brief summary of WorldCom. WorldComIn 1983 a confederacy called Long exceed Discount operate (LDDS) was founded in Mississippi. LDDS went public after it liquifyd with good Companies. In 1995 LDDS name was changed to LDDS WorldCom and eventually dropped the LDDS and became WorldCom. In the 1990?s began to move around due to their acquisitions. WorldCom bought and merged with 8 dif ferent companies starting in 1992 and decision in 2001. In November of 1997 an announcement was made that WorldCom and MCI intercourse would merge together to bring to life a company called MCI WorldCom. Chapter 11 nonstarter was filed in 2002 and in 2004 WorldCom came out of Chapter 1 bankruptcy with six billion dollars in which 5.7 billion of it was use to hand off their debt (Donker, H. and Zahir, S., 2007).
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Organizational Behavior TheoriesThe SEC typography for WorldCom showed that in three main areas there was tommyrotulent behavior. By sickening the line costs to capital to show that there was secondary expenses was one area of invention shown in the report. Making the st aring(a) entries show that the organization ! had gained more in earnings and eat the accruals at the wrong time to show that the company soon had a decrease in expenses was the two other areas of fraud (Scharff, M. M., 2005). The... If you want to get a full essay, order it on our website: OrderEssay.net

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