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During 2002, accounting scandals were brought to the public's attention, along with SEC investigations for fraud charges against Ebbers, and key senior management of WorldCom. The company went into bankruptcy, which was the largest bankruptcy in US history (Beltran, 2002). This paper will first explain the impact of legal, ethical, and social responsibilities issues have on WorldCom. Second, this paper will explain three factors that influence WorldCom's operational, tactical and strategic planning.
Impact of legal, ethical and social responsibilities
A corporate social responsibility is where a business will maximize its positive effects on society, and minimizes its negative effects...
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