General Electric - 2385 Words

GENERAL ELECTRIC General Electric is a company who strives to put their best foot forward. For more then 120 years, General Electric has been number one in the products they sell. From airplane engines to light bulbs, their attitude has been admired not only in America, but worldwide. GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. After all GE has accomplished, including revenues of 152.4 billion dollars in 2004, the company still maintains a healthy relationships with its customers. In 1876, Thomas Edison opened a laboratory in Menlo Park, New Jersey. In that lab one of the greatest inventions of all surfaced, the light bulb. That one business however was not enough for†¦show more content†¦Their next project is wind energy. Their mission is to provide a more advance and efficient source of energy, and this is being done for the services of the energy industry. Another project being worked on is the Gevo 12-cylinder diesel en gine products the same 4,400 horsepower as its 16- cylinder competitor. This engine uses less fuel, delivering significant savings over the life of the diesel locomotive. General Electric over the years has expanded their target markets from and older generation, to a new and more youthful generation. Now in our society more and more young women are taking the necessary steps to become more responsible and independent. In our days marriage occurs in the early 20 s and lower, with that information GE has figured that more of the younger generation would be into such products as their mothers were into. Now more commercials are focused on mainly middle aged women that are in the process of becoming parents are wives. Other target markets include Aircraft industry, rail, automobile, appliance, electronic, consumer direct, and energy industry. As time progresses so will the expansion of GE s target market, and they will continue to be the dominant power house in the Electrical industry. General Electric Company (GE) is a diversified industrial corporation engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution,Show MoreRelatedGeneral Electric691 Words   |  3 PagesCase: Globalization at General Electric Summary: The closing case explores General Electric’s quest to become the number one or two company in global market for every business which it take part. General Electric (GE) is the largest industrial conglomerate in America, produces a wide array of goods and services, from medical equipment, power generators, jet engines, and home appliances, to financial services and even television broadcasting. Since 1985, GE earned over 40 percent of its revenuesRead MoreGeneral Electric2113 Words   |  9 PagesMini Case Study Can GE Remake Itself as a Digital Firm? General Electric (GE) is the world s largest diversified manufacturer. Fortune named GE America s Most Admired Company in 1998, 1999, and 2000. Jack Welch, GE s CEO and Chairman since 1981, is often cited as the most admired CEO in the United States. Headquartered in Fairfield, Connecticut, the company consists of 20 units, including Appliances, Broadcasting (NBC), Capital, Medical Systems, and Transportation Systems. With the acquisitionRead MoreGeneral Electric ( Ge ) Essay1254 Words   |  6 PagesGeneral Electric (GE), established in 1892, is an American based, diverse conglomerate. General Electric is common household name, as well as a renowned name in electric, oil, gas, power, renewable energy, aviation, transportation, and healthcare. In 2015, the Fortune 500 Company had over $117 billion in revenue. The company continues to expand, and even surpasses the yearly goals it sets for its self. As of 2015, GE has 10 research centers, emplo yees over 3,000 engineers and PhD’s between theseRead MoreGeneral Electric Vice Electric Company Essay1395 Words   |  6 PagesGeneral Electric General Electric Co. (GE) is a major American corporation one of the biggest and the most differentiated corporation and most powerful business in the world. According to Fortune 500 GE, gross revenue registered as the 26th foremost business association and its name incorporated among the top rankers in the survey. The company functioning in many different sectors its invention consist of electrical and electronic appliance, aircraft engines, financial services, and Energy TechnologyRead MoreGeneral Electric ( Ge )1593 Words   |  7 PagesGeneral Electric General Electric (GE abbreviated) was started with Thomas Edison’s invention of the light bulb. Both Thomas Edison and JP Morgan started the Edison Lamp Company, which later became known as General Electric. The people at GE are committed to making a world that works better. General Electric does not have a standard mission statement, but they explain their objectives by the simple equation seen below. General Electric, as seen in the equation above, looks at what the worldRead MoreThe General Electric ( Ge )1275 Words   |  6 Pagesquick to response to local market needs from where they have operations. This report focuses on the General Electric (GE) which holds substantial assets and with operations in most countries in the world. General Electric (GE) Widely regarded as a leading global corporation in the 20th century with operations in over a hundred and seventy countries and over three hundred thousand workers, General Electric remains an icon in best management practices. With its operations in power, appliances, energy managementRead MoreGeneral Electric ( Ge )816 Words   |  4 PagesGeneral Electric (GE) has manufactured and sold products that span from a small household appliance to health care equipment, and also jet engines for years. Almost everyone has heard of GE and has used one of their appliances at some time. Growing demands for new technology remains just as strong as ever. GE has combined technology and globalization by taking their state of the art products around the globe and into 130 countries (Directory, 2016). In January 2015, GE Ventures, (Geventures, 2015)Read MoreGeneral Electric Essay4271 Words   |  18 Pages       GENERAL   ELECTRIC             STREAM   1   Ã¢â‚¬â€œ   COURSE   WORK       GROUP   - ­Ã¢â‚¬    11    AHMED   AHMED    ETTEFAGH   TAHSIN    MASHAT   MOAZ    QING   SHAN    ZHENG   DANYI    UNIVERSITà    DELLA   SVIZZERA   ITALIANA,   LUGANO   Ã¢â‚¬â€œ   CORPORATE   STRATEGY   2012/2013    Corporate   strategy    Table   of   Content       1. Introduction to the General Electric Company 2. History Read MoreGeneral Electric Company ( Ge )1394 Words   |  6 PagesGeneral Electric company (GE) is one of the world s most admired, valuable, and largest companies in the world. GE is also one of the top five oldest industries in the United States, at a 130 years. This great American company has been stayed in business because of the many great leaders who have led the success for GE. Leader s such as, Jack Welch and Jeff Immelt, have brought many changes at GE bringing the company into the 20th century. Jack Welch and Jeff Immelt have been very successful atRead MoreGeneral Electric As A Global Company1439 Words   |  6 PagesGeneral Electric is a global company that provides diversified products and services as well as continuing to create and improve on many different products and services. The company has endured economic hardship during some of the most difficult economical and social periods in United States history. General Electric operates in both domestic an d global environments and thrives in many parts of the world that could be considered economically challenged. General Electric has products and services