General Electric

Paper Summary:

This paper discusses General Electric (GE) and its position as a leader in a variety of industries. The paper takes a look at the influence the multi-national conglomeration has had on the business world whether it be in the realm of technology, labor unions, governmental interaction with businesses, free trade policies, or even environmental/business issues. The paper then takes a look at GE's key technologies and presents a SWOT analysis, describing both the strengths and successes of the company as well as its weakness and challenges it may be facing.

From the Paper:

"In 1878 Thomas Edison founded the Edison Electric Light Company which through mergers and acquisitions became General Electric (GE). The 19th and 20th centuries watched Edison's company grow into a massive multi-national company with branches reaching into a vast number of businesses. In the years since its formation GE has become a global leader in a number of fields beyond the power generation functions that Edison had pioneered. Industries as varied as aircraft engines and financial services have both become staples of income for the multi-faceted organization. With all of the success that GE has enjoyed it appears that the company is destined for a bright future and yet, there are significant issues that must be understood and managed for GE to be a bright star throughout the next two centuries."

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