Assignment #2 – GE Money America Case Study GE Money America (formerly GE Consumer Finance) is the consumer finance brand for GE Consumer Finance worldwide. With more than $163 billion in assets‚ GE Money is a leading provider of credit services to consumers‚ retailer‚ and auto dealers in fifty countries around the world. GE Money Americas offers a range of financial products‚ including private-label credit cards‚ personal loans‚ bank cards‚ auto loans and leases‚ mortgages‚ corporate travel and
Premium Recruitment Human resource management General Electric
GE Vision & Mission Statement In 1890‚ Thomas Edison established a company named Edison General Electric Company. In 1892‚ General Electric was formed by merger of Edison General Electric and Thomson-Houston Company. In 1896‚ General Electric was one of the original 12 companies listed on the newly-formed Dow Jones Industrial Average. The early company products are lighting‚ power transmission transportation‚ and industrial products which their produce today. General Electric started produce aircraft
Premium General Electric Thomas Edison Jack Welch
responsibly. In both instances‚ GE¡¦s size is an advantage. GE is solving big needs for countries that need the broad range of infrastructure‚ financing and healthcare that economic growth demands. GE is also solving big needs on behalf of the challenges that face all of us¡Xincluding access to clean water‚ limited natural resources and the need for more energy-efficient products and services. The future may be different. The engine of global economic growth has been the U.S. consumer‚ propelled
Premium Management Psychology Sociology
opinion that the global product philosophy should be altered to suit the China market. GE as a top fortune 500 company has own standard operation practice globally. It is hard for the multi-national company to change. The importance of the China market to GEMS was a function of its size and composition. The major developed countries’ markets are either mature or trapped in decade-long economic stasis. China has the largest demand for low-end medical diagnostic products. According to the statistics
Premium Fortune 500 Economics Logic
Appendix B Page 15 Appendix C Page 16 Executive Summary General Electric is a multinational corporation that is divided into six distinct divisions. These include GE Technology Infrastructure‚ GE Healthcare‚ GE Energy Infrastructure‚ NBC Universal‚ GE Capital Finance‚ and GE Consumer and Industrial. They are the twelfth-largest company in the world by revenue and the second-largest company by market capitalization. The diversity and size of General Electric gives
Premium General Electric
WATER AS A RESOURCE GE: 340 (NOTES) TOPIC 1: WATER AS A RESOURCE Distribution of water on earth • Saline and fresh water distribution • Hydrological cycle • Reasons for uneven distribution of water • Water covers about 70% of Earth’s surface (Shakhashiri‚2009) The Earth is often referred to as the "blue planet" because when viewed from space it appears blue • This blue color is caused by reflection from the oceans which contain the bulk of water. Water is widely
Premium Water Water resources
General Electric General Electric (GE) occupied the eighth spot on Fortune 500’s list of companies at the close of 2013. While number eight was a slide from 2012’s number six GE maintains its position‚ as one of the world’s largest and most influential corporations. Today‚ GE’s operates in over 160 countries and is led by Jeffery Immelt. During 2013 GE reported‚ total revenues approached 147 billion USD and profits around 13.6 billion USD. (CNNMoney‚ 2013). GE appears in textbooks from the third
Premium General Electric Thomas Edison Jack Welch
GE Mssion And Vision Statement Submitted by Nida khan D60 Vishakha prusty D53 GE does not have a mission statement‚ per se‚ but its operating philosophy and business objectives are clearly articulated each year in the Letter to Shareowners‚ Employees and Customers in the Annual Report They do have values
Premium
Broad Differentiation Some important tactics necessary to gain and maintain perceived uniqueness: 1. Developing innovative products/services for broad range of customers Zara creates a “fast fashion” concept which getting designs to customers quickly. It has more style than Gap‚ faster growth than Target‚ and logistical expertise rivaling Wal-Mart. 2. Significant investments in Marketing‚ Technology Development‚ Procurement & Customer Service ZARA takes just two weeks to get a new design
Premium Fashion Organic farming Brand
General Electric: From Jack Welch to Jeffrey Immelt The need for Jeffrey Immelt to develop into a level 5 leader is imperative for GE to continue to grow and prosper in the current economic conditions of global expansion and constant change. Immelt can also benefit GE by becoming a level 5 leader by focusing on developing and empowering employee values and intrinsic motivations rather than facilitating initiatives to carry out his own vision. By Immelt developing into a level 5 leader and creating
Premium Leadership General Electric Term