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Essay / Research Paper Abstract
A 9 page paper discussing how the economy can be expected to affect this provider of communications services during a recession and its long-term prospects for improvement. The recession of 2002 can be seen primarily as expression of the downside of the business cycle, meaning that we can expect growth again in the future. The current political climate is one of bipartisan cooperation such as not been witnessed for decades, and a goal of that government is to encourage job creation in the private sector. Because most of the growth for which all sides are working will be in the services sector, Worldcom’s prospects for the next two years are highly favorable. The key for the company will lie in efficiently and effectively managing the current conditions as they exist, while building for the better days promised in the future through strategic planning and market analysis. Bibliography lists 5 sources.
Page Count:
9 pages (~225 words per page)
File: CC6_KSworldcom.rtf
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Unformatted sample text from the term paper:
summers fallout of the entire IT industry and associated industries left many investors reeling, along with the senior management teams of companies such as Cisco, Nortel Networks and others.
Worldwide spending on IT and communications infrastructure declined much more quickly than almost anyone had expected, and IT startups ceased being such attractive repositories of venture capital funds as they
had been for the preceding decade. The US economy has worsened since then, to the point that even politicians now are admitting that
the US is in recession. As a competitor in the communications services industry, Worldcoms short- and mid-range future is uncertain as well. The purpose here is to identify
and analyze external conditions that will affect Worldcoms ability to successfully compete in its industry over the next two years. Fallout of
the Technology Sector After the longest period of economic expansion known in modern times, the US economy is experiencing a decline that some
are saying is a recession. Others are not as quick to use the dreaded "R" word, and point to strong performance in several sectors. The pre-attack fallout of
the technology sector, particularly in high-tech, Internet-related companies, set investors on their collective ear. Few expected such a correction in market value of these companies, and the losses incurred
in returns has been more than only disheartening for organizations and investors alike. That there should be a correction in the market and
a slowdown in the economy should not come as a surprise to any, but the fact always is surprising when it does finally appear. Some economists were even being
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