Boom and Bust in Telecommunications: Solved Answers

Question and Answers:

1. Why did the strategic plans adopted by companies like level 3, Global crossing, and 360 Network fail?

2. The managers who ran these companies were smart, successful individuals, as were many of the investors who put money into their businesses. How could so many smart people have been so wrong?

3. What specific decision-making biases do you think were at work in this industry during the late 1990s and early 2000s?

4. What could the managers running these companies done differently that might have led to a different outcome?

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