How To Write A 250 Word Essay
How To Write A 250 Word Essay
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How To Write A 250 Word EssayHow To Write A 250 Word Essay
Case Analysis Of General Electric
CASE ANALYSIS OF GENERAL ELECTRIC
Aaron Sneddon
DeVry University
BUSINESS POLICY (BUSN412)
Edward Pinero
June 24, 2015
Company Information
Company Name: General Electric
Website: www.ge.com
Industry: Diversified Machinery
Background and History of General Electric General Electric was originally the Edison
Electric Light Company that was established in 1878 by Thomas A. Edison. In 1892 it
merged with Thomson Houston Electric Company to create General Electric. In this
current time, General Electric has now grown to a huge conglomerate. The business units
that make up General Electric are GE Aviation, Capital, Energy Management,
Healthcare, Lighting, Power Water, Oil Gas, and Transportation. The company has
been trying to expand into emerging markets and shrinking the Capital business unit.
Jeff R. Immelt is the current CEO and has been in that seat since 2001. According to
Steve Lohr, General Electric s net profit loss for quarter one of 2015 was 13.6 billion
dollars and the revenue was 29.4 billion dollars (Lohr, 2015). The net profit loss for the
quarter relates back to General Electric selling most of GE Capital. General Electric is
expecting to take a initial loss of 16 billion dollars from selling the majority of GE
Capital.