Functions of Management Functions of Management Virtually everyone is aware of the infamous dot-com crash in early 2000. However, not everyone is as well-founded of the telecom bust. According to the editorial of The Economist, The Great Telecoms Crash, The telecoms bust is close to ten times bigger than the dotcom crash: the rise and free fall of telecoms may indeed qualify as the largest bubble in history. Companies caught up in the telecommunications industry were forced to take great debt write-offs and even resorted to fraudulent accounting tricks as displayed by WorldCom (Economist).
innovation inv olved in the manufacturing segment of the telecom commercialize, I witnessed firstly hand the results of the crash, including massive layoffs, hostile corporate take-over, and enormous familiarity debt. many an(prenominal) 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, narrate it on our website:
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