WorldCom Failure in relation to its Organizational Behavior LDR/531 - Organizational Leadership October 7‚ 2010 WorldCom Failure in relation to its Organizational Behavior INTRODUCTION Year 2002 saw an unprecedented number of corporate scandals: Enron‚ Tyco‚ Global Crossing‚ etc. In many ways‚ WorldCom is just another case of failed corporate governance‚ accounting abuses‚ and outright greed. Many people may question if there is a secret to operating a successful business in modern times.
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Reconstruction period (1865-1877) was the era of rebuilding‚ the south‚ after the Civil War. In the South reconstruction meant rebuilding the economy‚ establishing new state and local governments and establishing a new social structure between whites and blacks. Abolishing slavery‚ what should be demanded of the Southern states‚ restoring political rights to the South‚ and what should be the responsibility of the newly freed slaves were the concerns doing the Reconstruction period. They also wanted
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WorldCom Scandal Formerly known as WorldCom‚ now known as MCI‚ this U.S.-based telecommunications company was at one time the second-largest long distance phone company in the U.S. Today‚ it is perhaps best known for a massive accounting scandal that led to the company filing for bankruptcy protection in 2002. In 1998‚ the telecommunications industry began to slow down and WorldCom’s stock was declining. CEO Bernard Ebbers came under increasing pressure from banks to cover margin calls on
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commited by his financial director Scott D. Sullivan. The technique used by Worldcom was pretty simple; indeed‚ he cooked the books by saving pure operating expenses such as maintenance network in capital expenditure instead of expenses in order to hide its decreasing earnings and to maintain the price of Worldcom’s stock. In summary‚ certain expenses charged by regional operators to reroute calls were not taken into account. Of "current expenses" (line cost expenses)‚ these charges were recorded in "capital"
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government of Japan had stepped into power after the military power of the shogun and Bakufu fell. In efforts to change Japan for the better‚ the Meiji government decided that the best thing to do for the country is to unite it. The Meiji government‚ used the following 3 methods out of many to make an attempt at the unification of Japan. This is includes control by beliefs and liberality. The Meiji government took over the previous feudal control and slowly replaced it with a constitutional government
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Maud Ballard gives us a detailed view of the time period in which those women lived‚ and how they played a part in it. Laurel Ulrich‚ a historian who painstakingly transcribed the diary‚ interpreted the lives of the people living around Martha Ballard‚ and Martha Ballard herself. Post-Revolutionary era frontier life was difficult on women. They could not make the same wages as men‚ midwifery was the highest paying profession for a woman at the time. Midwifery was a medical profession‚ and Martha
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The Medieval Period in Europe ranges from the third century to the emergence of the Renaissance in Italy in the fourteen hundreds. The Romanesque style was the first truly international style of medieval times‚ followed by Gothic in the late twelfth century. One of the most important surviving monuments of architecture and sculpture of the Romanesque period is the Benedictine abbey church of Sainte-Marie-Madeleine at Vèzelay in Burgundy. Part of the church that I believe is an important part of
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Transitional Ruling Periods After serving its initial purpose as a religious temple‚ the interior of the Erechtheion was repeatedly converted to adapt to the cultural heritage of the conquerors. The building underwent numerous changes into the 6th century Byzantium period which refashioned the temple into a basilica church. The simple forms of the Erechtheion provided an adequate layout for the complex designs associated with Christian churches‚ the large open spaces being utilised as ‘baptisteries’
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The Baroque period (1600-1750)‚ also known as the “age of absolutism”‚ was when the Western World as we know it today began to take shape. The humanistic attitudes of the Renaissance period‚ such as the emphasizing of matters regarding humankind‚ nonreligious knowledge‚ and the significance of the individual‚ overlapped the Baroque era‚ carrying its concerns with it. Consequently‚ the Baroque era turned out to be a period of extremes; a time of tense‚ dramatic‚ and exuberant arts‚ unjust rulers‚
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Chemistry Practical Report: Period 3 Elements Name: Titus Lee Date: 12th February 2014 Partners: Louella Jarillas‚ Vevaan Nguyen‚ Alexandro Francisco‚ Alif Ahmed Aim: To examine the similarities and differences between the properties of a selection of the elements of Period 3 Hypothesis: Sodium will be the most reactive element and sulphur will be the least reactive Equipment and Method: Found on Page 28-9 in Heinemann Chemistry 1 Student Workbook Results: Element Observations Element
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