Managment Planning

In: Business and Management

Submitted By beast123
Words 1064
Pages 5

Management Planning Paper

RUNNING HEAD: MANAGEMENT PLANNING PAPER 2 In this paper I am going to be telling you about organization WorldCom. I will be evaluating the planning function of management. Then I will be analyzing several things such as the influence hat legal issues, ethics, and corporate social responsibility that they have had on management planning. I will also be analyzing three factors that have influenced the company’s strategic, tactical, operational, and contingency planning. So please read on to find out about these things within the organization WorldCom. I would like to tell you about the company WorldCom before I get into the planning function of management. In 1983 a man named Bernie Ebbers was an early investor in a company that was a long distance service for a telecommunications company. Bernie made LDDC profitable and it began to grow over a fifteen year span he made the company a total seventy five thousand dollars. (WorldCom, 2010) By 1994 the long distance service revenues reached $2.2 billion and the company’s name was then changed in 1995 to WorldCom to reflect its growing global business. Then in 1998 WorldCom completed a takeover of MCI so it became MCI WorldCom. The company was doing so good but then hit rock bottom for Bernie Ebbers when he had to resign in 2001 due to loan scandal. (WorldCom, 2010) Now that I explained a little about the company I would like to get into evaluating the planning function of management. When evaluating the planning function of management it definitely did not look good for WorldCom. I think that with today’s decisions they impact the state of the future, this is determined by planning. In management planning it involves setting objectives and determining a course of action for…...

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