Task: WorldCom has been cited for violating ethical practices as well as legal violations. Examine why has there been such a relatively high number of incidences of this and what it says about the business environment that the United States operates in.
Assignment Guidelines:
WorldCom has been prosecuted for violating the law regarding business dealings, transactions, or accounting practices in its reporting of its financial status.
State your opinion regarding the impact of the ethical implications and violations on the business itself from the perspective of the consumer or investor.
What has prompted such an increase in these types of legal and ethical violations, and what do these situations say or indicate about the U.S. business environment?