General Electric Company

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Introduction In modern times, publicly traded corporations are very widespread all around the world. A publicly traded corporation means that a company can be owned by a large group of people. Each shareholder can influence the decision making of the company and get its dividends from the profit. Being a publicly traded corporation means disclosure of all financial statements, even if it can be used against the company by its competitors. A positive issue is the raising of funds for expansion and investment. General Electrical Company belongs to numerous publicly traded corporations in the United States of America. It is a diversified industrial corporation. The official website of the company gives information about the company’s work in four directions: building, curing, moving and powering. 1) Building – General Electrical Company is building the world by providing capital, expertise and infrastructure for a global economy; 2) Curing – General Electrical (GE) is constantly working to make the world a healthier place by supplying the healthcare technology that saves nearly 3,000 lives every day; 3) Moving – the company moves the world in the safest, fastest and most efficient ways possible; 4) Powering - GE powers the world with the cleanest, most advanced technologies and energy solutions. Currently, the company operates in such segments as GE Energy, GE Healthcare, GE Aviation, GE Capital, GE Lighting, and Home & Business Solutions. There are over 300,000 employees in more than 100 countries. Mission and Vision of General Electric Company The mission and vision are very important parts of the company’s work. The mission statement informs people what the company determine... ... middle of paper ... ...2012/pdf/GE_AR12.pdf General Electric Company. (2008) The spirit & the letter. Retrieved from http://files.gecompany.com/gecom/citizenship/pdfs/TheSpirit&TheLetter.pdf General Electric Company. (2014a). The Governance and Public Affairs Committee Charter. Retrieved from http://www.ge.com/sites/default/files/GPAC_charter.pdf General Electric Company. (2014b). Risk Committee Charter. Retrieved from http://www.ge.com/sites/default/files/RC_charter.pdf General Electric Company. (n.d.). Fact sheet. Retrieved from http://www.ge.com/about- us/fact-sheet Porter, M. E. (1980). Competitive strategy: Techniques for Analyzing Industries and Competitors. New York: The Free Press. Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review. Retrieved from http://hbr.org/2008/01/the-five-competitive-forces-that-shape- strategy/ar/1
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