Effect of Internal and External Factors on Worldcom
The effects of Internal/External Factors on WorldCom Learning Team A MGT330 November 9, 2010 The Effects of Internal/External Factors on WorldCom Over the years the world has seen many corporate disasters pertaining to management. One of these disasters has been the rise and fall of WorldCom. From the beginning of WorldCom in 1983 as an obscure long distance company, the world watched as the company executed an aggressive acquisition strategy to become the second largest communication company in the United States and one of the largest companies to handle worldwide Internet data traffic. Until the company’s bankruptcy filing in 2002, the globalization, technology, innovation, diversity, and ethics were factors and causes for the rise and fall of WorldCom, this paper will briefly discuss each. The first factor is how WorldCom used globalization to grow the company. In 1983, Bernie Ebbers created a business plan that would eventually become WorldCom; this planning event was the first step to establishing a structure. The goal was to determine how many employees and how much capital the company would need, and how to rival the competition. The second step was to organize personnel and resources to gain control of the untapped Internet communication market for companies overseas. The third step was to lead his people to the goal of worldwide communication domination of Internet data resources for businesses. The fourth step was to control the amount of globalization through performance levels of overseas assets. If Bernie Ebbers had adhered to the four functions of management his company may have succeeded in the globalization efforts for WorldCom. However, he failed his people internally by not managing a strong organized work environment, as stated by Cynthia Cooper a WorldCom internal investigator. “WorldCom created an environment that pitted the workers
Citations: reference page follow guidelines * Properly cites ideas/info from other sources * Paper is laid out effectively--uses, heading and other reader-friendly tools * Paper is neat/shows attention to detailGrammar/Punctuation/Spelling--10% * Rules of grammar, usage, punctuation are followed * Spelling is correctReadability/Style--10% * Sentences are complete, clear, and concise * Sentences are well-constructed with consistently strong, varied structure * Transitions between sentences/paragraphs/sections help maintain the flow of thought * Words used are precise and unambiguous * The tone is appropriate to the audience, content, and assignment | Please use Times new Roman next time. Reference page needs to be in a different page not within the text Avoid using long sentences that contain 50 words in a paragraph. | Comments / Grade 9.5/10 Great job team A! |