Worldcom Essay

“Our men are being put into the hottest fighting and are being sacrificed in harebrained ventures like Bullecourt and Passchendaele …and there is no one in War Cabinet to lift a voice in protest…so Australian interests are suffering badly and Australia is not getting anything like the recognition it deserves.” So wrote General, later Sir, John Monash to his wife on October the 18th 1917.

The major thrust for the telecommunications sector is coming from within the industry due to continuous network and product upgrade and invention by industry players.

Challenge of Globalization W. L. GORE & ASSOCIATE had been expending their business in more than 30 over country; there are Asia Pacific, Europe and the Middle East, Central America, North America and South America, leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics and medical markets. With the employees of 9.500 people around the world, managing the people also bring along the trouble as well. With the diversity of culture, people, background, language and norms, challenges and problems occur within the company and beyond the boundaries of the company. This is the major problems that will occur when a company goes global and expanding to the world. This challenge of globalization

World War II was an event that shook the world, creating an era of stress and adversity. Even in such a difficult time, the world continued to grow and develop during the end of the war, benefiting the Allied powers and helping them get out of the war. The end of World War II was an era of highly significant major events, miraculous breakthroughs in technology and science, and political views and actions.

The company became successful through the process of buying over 65 assets, and enormous about of money spent. After the internet downfall the company stocks had increased, but putting the company into a lot of debt. Worldcom was soon to be discovered by wall street bankers, investors, etc. Later to become one of the second largest long distance telephone company in the United States. The accounting collapse didn't happen right away. However from the early 2000s Bernard Ebbers, and other employees used fraud and invalid accounting procedures to deceive investors and others. Some people saw it as an honor, until it was involved in one of the largest accounting crimes in American History, Worldcom led to bankruptcy. "WorldCom then admitted to inflating its profits by $3.8 billion over the previous five quarters. A little over a month after the internal audit began, WorldCom filed for bankruptcy.When it emerged from bankruptcy in 2004, WorldCom was renamed MCI. Former CEO Bernie Ebbers and former CFO Scott Sullivan were charged with fraud and violating securities laws. Ebbers was found guilty on all counts in March 2005 and sentenced to 25 years in prison, but is free on appeal." (Case Study: Worldcom, Lee Ann

“A missing German U-boat is lost no longer”(Washington Post). This recent headline appeared in the Washington Post on 19 September 2017. A once lost German U-boat was found off the coast of Belgium at the bottom of the North Sea. This U-boat contained the bodies of the twenty three commanding men of the submarine. Authorities say the submarine was hit and sunk by a naval mine on the upper deck. Throughout the course of World War 1, U-boats were used to their full capacity sinking more than three hundred and fifty ships, while only 13 U-boats were destroyed. According to the Washington Post, they have over seventy six million months users. As a result of these monthly subscribers, seventy six million

World War II was one of the most deadly wars we know in history, having as many as sixty million casualties, most of whom were civilians. It impacted a lot of countries, almost all the world, which is why the name is given. This war impacted many countries in the world, and damaged almost all of the countries involved greatly. It also led to the downfall of Western European countries as world powers, leaving it to the Soviet Union, and the United States. The war started in 1939 and ended in 1945, with the invasion of Poland and the Axis surrender, respectively. It changed the economy and the growth of big countries, including Germany, Great Britain, United States, Japan, Russia and France. Aside from this, Jews were greatly influenced

H.G Wells highlights the obviousness of the English to the sciences especially astronomy, which was his motif in writing the novel. Wells believed that humans should at least understand the basics of astronomy and be aware of their environment, which is why he creates the critical flaw of the humans in his book to be their obviousness to the sciences. He describes that the general population does not even know about the Martians’s projectile launches towards the Earth or even their landing at the Woking Common. Moreover, Wells’s War of the Worlds supports my argument that humans have a detrimental obliviousness to the sciences because in the case of the novel they easily fall to extraterrestrial aliens. Since the general population of humans did not see the Martians coming, the humans were not prepared and organized for the invasion, which illustrates the critical flaw of humans to astronomy.

World War II was one of the deadliest wars in history lasting from September 1, 1939 until September 2, 1945 and left over 60 million civilians and military personnel dead (HistoryNet). World War II took the lives of many innocent civilians but it would lead to very important advances in the culture. This war was fought between the Allies and the Axis powers, the Allies had generals Stalin, Roosevelt and Churchill while the Axis powers were lead by Hitler, Hirohito and Mussolini (HistoryNet). The start of World War II was Hitler’s invasion of Poland, this would cause Poland’s allies to declare war against German (HistoryNet). The Battle of Britain, Pearl Harbor, The Battle at Midway and Normandy would each shape the outcome of the war and

The industrial revolution of the late eighteenth and early nineteenth century served as the impetus to the creation of new technologies that helped interconnect various parts of the world. In essence, technology was crucial to the development of a globalized economy. With the development of a global economy companies began to expand beyond national borders and cater to citizens around the world by becoming multinational corporations. These now global companies have not only expanded their markets, but also rely on labor and raw materials from all around the world. For example, PepsiCo Inc. employs a global workforce to drive their business, Apple Inc. acquires their component supplies from companies spanning the globe, and The Boeing Company uses a global distribution system in order to market their products to airlines in various regions of the world.

Before 2002, WorldCom was one of the top telecommunication businesses in its industry because of many acquisitions obtained by the company. Due to the increased popularity of the internet and the acquirement of UUNet and MCI

consumer electronics. Today it has operations in 118 countries and it is employing more than 75,000

The dominant economic traits of this industry start with having an enormous amount of capital required for staying competitive. One is also required to spend lots of money on research and development, as the telecommunications industry seems to be the vision of the future. More and more companies like AT&T are trying very hard to combine their network services of phone line, video and data transfer, high speed internet access, and television cable via one line in the consumers homes. With a successful combination of the above stated services AT&T is hoping to be the industry leader in the near future.

Nokia’s aggressive strategy to dominate mobile communication cluster would be the main reason how Nokia could become a world leader in the sector among other reasons. Nokia’s passion for mobile communication industry was great enough to give up more than 40% of its revenue in is pre-owned communication industry to concentrate only in mobile communications. Nokia was also lucky enough to see the possibility of mobile communication early enough to predominate the industry and prevent any competition from

Now, we already have become the biggest mobile phone manufacture all over the work. We have occupied the 25.35% market share globally and our sales revenue up to3497227K USD.