Worldcom Swot Analysis

Casey Noble 15 October 2008 Sabo SWOT Analysis WorldCom WorldCom, formerly known as the imprimatur largest long distance phone service, had taken its fall and officially took its final name on April 14, 2003. This Companys direction statement was to Create a competitive advantage for WorldCom and stand significantly to WorldComs business success by promoting business practices that furnish greater opportunity for a diverse supplier base. through surface WorldComs lively years, it had great growth through the buying out of other telecommunication companies, such as MCI Communications, layer 1 ISP UUNET, and had a major part of the internet backbone. On November 10, 1997, this powerful company announced their 37 billion vaulting horse merger, making it the largest in US history. WorldCom had almost become the peoples top telecommunications houser if the Sprint merger had bygone through. This merger couldnt go through because of the concerns the US incision of Justice had about the possible future monopoly. Although WorldCom had great dexterity through its time, it also had much weakness, mostly through unsuitable decision making in the accounting department. In 2001, Ebbers make the first critical mistake.

He convinced the come on of directors to provide him with over 400 million dollars to cover his margin calls. The board had much weakness by actually providing Ebbers with this substantial descend of money. I think that the well educated people on the board should have seen the great risk they were putting out on the whole corporation. From the beginning of 1999, to May of 2002, WorldCom had been hiding the declining payment of the company by using fraudulent accounting methods. This comprise a false picture of the financial growth, so that WorldComs stock would go up, when it should have really been going down. In June of 2002, some of the fraudulent accounting had been recognized, which resulted in the firing of Sullivan, the composure of Myers, and the... If you want to get a full essay, order it on our website: Ordercustompaper.com

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