responsibility is defined in Chapter 5 as the corporate duty to create wealth by using means that avoid harm to‚ protect‚ or enhance societal assets. Did GE in the Welch era fulfill this duty? Could it have done better? What should it have done? I believe that Welch only fulfilled one portion of his corporate social responsibility duty. Financial results for GE show that Welch was very effective in directing a highly profitable company‚ but he did so at the expense of many of the employees of the business
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Founded by American icon Thomas Edison‚ General electronic (GE) has been admired for his performance and spirit for more than 125 years. The businesses that they invent and build fuel the global economy and improve people’s life. GE is s very large corporation with business in a wide range of industries‚ including‚ aerospace‚ power system‚ health care‚ commercial finance and consumer finance. Today GE has more than 11 technology‚ services and financial business with more than 315‚000 employees in
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External Analysis An external analysis is one of the most important tasks to complete when completing a strategic analysis for a given corporation. By looking at our Internal Analysis of General Electric (GE) we identified Strengths and Weaknesses and we were able to recognize the Distinctive and Core Competencies that exist within the General Electric organization. Our external analysis consists of two major analyses: The Competitive Analysis and the Industry Analysis. By taking a closer look
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Insights……………………………………………………….6 6. Case Analysis....………… ……………………………………………………..7 7. Conclusion ……………………………………………………..........................7 8. References……………………………….…………………………………......7 Introduction: Through the Leadership Center‚ GE spends approximately $ 1 billion world-wide every year on training and educating its people. The Center even went further in leadership and learning by its epicenter at Crotonville‚ located in Ossining‚ New York. Attracting a wide range of students
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Marketing Plan (Stage 1) The General Electric Company‚ or GE‚ is an American multinational conglomerate corporation incorporated in New York. The company operates through five segments: Energy Infrastructure‚ Technology Infrastructure‚ NBC Universal‚ Capital Finance and Consumer Industrial. Today the company has 304000 employees around world. GE participates in a wide variety of markets including the generation‚ transmission and distribution of electricity‚ such as nuclear‚ gas and solar power
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STRENGTHS Global recognition: General Electric has ventured into the world market thus gaining global recognition for its unique goods and services. In the year 2009‚ Forbes magazine ranked GE as the world ’s largest company. Hurbert (2007) notes that General Electric ’s brand is the world ’s most recognized brand. This kind of recognition has given it a competitive edge over other companies due to its ability to attract more customers. Global strength and competitiveness:The Company’s products
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akManagement 3040 Understanding the International Environment of Firms GE Healthcare in India: An Ultrasound Strategy? Introduction GE Healthcare India‚ a joint venture between General Electric and the Indian multinational Wipro Ltd.‚ was the market leader in the ultrasound machine market with sales growth of 10% for the previous fiscal year in 2007. The enormous market potential and General Electric’s successful low-cost operations fitted well with the aggressive sales strategy that the
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Trading under the ticker symbol GE‚ General Electric is the only company from the original twelve stocks traded on the DJIA that is still listed on the index today. Currently‚ Jeffery Immelt serves as CEO for the Fortune #6 large cap conglomerate. Focusing on finance and technology‚ GE provides a vast array of products and services ranging from aircraft engines to consumer financing. Additionally‚ the company holds a 49% stake in NBC Universal (CNBC). As of 5/19/2011 GE boasts a market capitalization
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Recruitment and selection process HR Planning SLT regional branches inform available vacancies to the head office. Each department decides number of employees to be recruited. Inform vacancy requirements to recruitment section Plan deadlines. Create strategic plan for the recruitment. Decide recruitment type. Decide whether to recruit through direct SLT or SLT human capital solutions. If an employee is recruited by SLT‚ the HR section of SLT is responsible for all HR related activities (eg. Insurance
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INTRODUCTION ITC Limited ‚ is an Indian conglomerate with a turnover of US $ 6 billion and a market capitalization of over US $ 22 Billion. The company is currently headed by YOGESH CHANDER DEVESHWAR. It employs over 26‚000 people at more than 60 locations across India and is listed on FORBES 2000. ITC Limited completes 100 years on 24th August‚ 2010. ITC BUSINESS PORTFOLIO • Fmcg Paper & Packaging • Hotels • Agri Business • Information Technology • Cigarettes • Personal
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