GE- A combination of Strategy and technology
General Electric: A combination of Strategy and Technology / General Electric: Reasons behind Success
The Company Profile
General Electric's history forms a significant component of U.S. technological history. GE has progressed from the home lab of Thomas Alva Edison to become one among the world's largest corporations, through the course of electrical technology's advancement from the plainest initial applications to the 21st century's high-tech innovations and offerings. GE has a world market comprising over a hundred countries; roughly 45% of company revenues are generated from overseas operations. Through innovations spanning more than 110 years, GE has accumulated over 67,500 patents; scientists working for the organization have received Nobel Prize almost twice, in addition to several other awards for their contribution to the field (Referenceforbusiness, 2015). The company engages in manufacturing, processing, building, developing, producing, and assembling; leasing, selling, distributing and supplying; purchasing, mining, extracting, acquiring, and leasing; and owning, operating, dealing with, servicing, funding, and experimenting with materials, apparatus, equipment, devices, appliances, structures, information, intangible and tangible property, systems, processes, and services of all natures, kinds, and specifications (Referenceforbusiness, 2015). GE's mission is to invent products that matter relentlessly -- inventions that power, build, cure, and move the world. The company's offerings, required by all but made by a few, are its pride and define GE to clients and staff (Referenceforbusiness, 2015). The tool of export finance is critical for customer support; without this, the company cannot vie with foreign competition, which enjoys export credit agency (ECA) governmental funding. Company stock, which experienced a 0.6% drop in premarket trading, lost 0.5% YTD (year-to-date) on Wednesday, whereas the DJIA (Dow Jones Industrial Average) of -0.13% dropped 8.7%. GE's market capitalization is 79.08 billion dollars (Kilgore, 2015). There is a 5% boost in recent quarterly...
Political Reasons Behind the Electricity Dilemma in Haiti What it will take to have electricity in Haiti Cost Cost is one of the significant factors that contribute significantly to the development of electricity in Haiti. Since the investment in the sector of electricity has been extremely slow, combining the aspects inclusive of the non-payment culture for electric services, low-based metered customers, and fair consumer tariffs contributes significantly to electricity accessibility. The consideration of
Supply Chain Management (scm) supply chain refers to the network that links the internal and external suppliers with internal and external customers. Supply chain management (SCM) concerns with the management of such networks enabling interchange of materials and information through the network. The primary goal of supply chain management is to link the market, distribution channel, operations process and supplier base effectively at lower costs. (Hill, p.54) It is common
Marketing Plan for Toyota Toyota Motor Corporation is a public Japanese automotive manufacturer located in Toyota, Aichi, Japan. The company was founded in 1937 by Kiichiro Toyoda as a division of his father's Toyota Industries company (Chart, Ends, & Shares, 2000). While still a department of Toyota Industries, the company created its first product, which was a type A engine and passenger car dubbed Toyota AA. Toyota Motor Corporation produces automobiles
General Electric Staffing Initiatives DESCRIPTION OF THE COMPANY General Electric is one of the leading producers and manufacturers of energy-related products worldwide. The company operates as conglomerate offering technology, media and financial services and is leading name in the business of energy production manufacturing such things as "gas, steam, and aero derivative turbines; generators; combined cycle systems; and renewable energy solutions, as well as provides water treatment services and equipment." (Yahoo Finance) RECRUITMENT
ELearning in Corporate Environments Organizations and eLearning Organizations today are in a continuous state of evolution. There is consistent learning, interacting, and implementation of new solutions to organizational challenges. This means that in order for organizations to succeed they must find ways to share their collective wisdom, preferably in real-time. The remedy most turn to is technology. Specifically, organizations are finding creative ways to include eLearning, or electronic learning, into their overall
Air traffic has continued to increase and it now constitutes a considerable proportion of the travelling public. The amount of long-hour flights has increased significantly. Based on the International Civil Aviation authority, air traffic can be anticipated to double amid till 2020. Airline travel, especially over longer distances, makes air travelers vulnerable to numerous facets that will impact their health and well-being. Particularly, the speed with which influenza spreads and
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now