Functions of Management Functions of Management Virtually everyone is aware of the infamous dot-com crash in early 2000. However, not everyone is as rational of the telecom bust. According to the editorial of The Economist, The Great Telecoms Crash, The telecoms bust is more or less ten times bigger than the dotcom crash: the rise and dip of telecoms may indeed qualify as the largest bubble in history. Companies caught up in the telecommunications industry were forced to take tremendous debt write-offs and even resorted to fraudulent accounting tricks as displayed by WorldCom (Economist).
world involved in the manufacturing segment of the telecom grocery, I witnessed first off hand the results of the crash, including massive layoffs, hostile corporate take-over, and enormous familiarity debt. numerous top managers and front-line supervisors were so consumed with demands, changes and challenges of the exponential growth of the telecom market that portions of the four functions of managemen...If you want to get a in effect(p) essay, smart set it on our website:
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