Electric 1. Why do you think GE invested so aggressively in foreign expansion? Because GE tries to achieve its main goal: To be number 1 or 2 globally in every business in which it participates. Nowadays GE is not just an American company doing business abroad‚ but it had become a true global company. The revenues from international sales are growing significantly. This expansion is being powered by growing economies of Asia (particularly China and India). GE can achieve its goal through:
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REAL WORLD 3 SAIC‚ Hewlett-Packard‚ GE‚ and Others: The Business Case for Wireless Sensor Networks Some big companies are trying to make the worldand almost everything in it-smarter. Science Applications International Corp. (SAlC)‚ the big government IT contractor‚ is developing technology for the Departments of Defense and Homeland Security that could use hundreds of tiny‚ wireless sensors packed with computing power to help secure U.s. borders‚ bridges‚ power plants‚ and ships by detecting suspicious
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Hampton‚ VA School of Business Case Analysis #1 10/22/08 By Introduction Analysis Success of IT systems The information system solution in the case can be itemized as a successful business venture through projected promising statistics; 200‚000 sensors in use now have been estimated to reach the 100 million mark of wireless sensors installed by 2008. Not just the sensors themselves have been estimated to increase‚ but the market for them will increase from $100 million in 2005 to over $1
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Donald Splaun‚ Six Sigma Black Belt‚ lead a team at the GE Fanuc manufacturing plant to examine Black Belt Project #P52320. The objective was to determine that whether the company needed high-priced Ni-Au finished boards which were being used in the past as mounting platforms for fine pitch surface-mounted devices (SMDs). His team consisted of ten members – seven people‚ mostly engineers‚ primarily responsible for assembling‚ purchasing‚ testing and evaluating SMD boards‚ one financial representative
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Genetically Modified Organisms (GMO)/Genetically Engineered (GE) Foods in the United States Genetically Modified Organisms (GMO)/Genetically Engineered (GE) foods are the result of laboratory processes which artificially insert genes into the deoxyribonucleic acid (DNA) of food crops or animals. There are many arguments both in favor of and against mandatory labeling of GMO/GE foods. Whether or not to require labeling of GMOs or GE foods also involves the debate over the risks and benefits
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GLOBALIZATION AT GENERAL ELECTRIC 1. Why do you think GE has invested so aggressively in foreign expansion? What opportunities is it trying to exploit? I think GE acted so aggressively because they saw a great opportunity to expand the company and if they didn’t do so‚ another company would have grabbed the opportunity and purchase the companies that were in trouble. In order for a company to grow at a rapid pace‚ it would have to take over other companies that are in financial jeopardy.
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Under CEO‚ Jeffrey Immelt leadership and cultural integration GE is committed to achieving worldwide leadership in each of its businesses. To achieve that leadership‚ GE’s ongoing business strategy centers on five key growth initiatives: Technical Leadership; Services; Customer Focus; Growth Platforms; and Globalization. GE is committed to leadership in the "next generation" of technology. It’s well-positioned to drive growth for the future with technical excellence in each business by developing
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roads turn to mud after a March rain shower. A scan typically costs $8‚ or a week’s wages. GE has waded into India’s market as the country grapples with a difficult social issue: the abortion of female fetuses by families who want boys. Campaigners against the practice and some government officials are linking the country’s widely reported skewed sex ratio with the spread of ultrasound machines. That’s putting GE‚ the market leader in India‚ under the spotlight. It faces legal hurdles‚ government scrutiny
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CASE I THE RISING EURO HAMMERS AUTO PARTS MANUFACTURERS Udo Pfeiffer‚ the CEO of SMS Elotherm‚ a German manufacturer of machine tools to engineer crankshafts for cars‚ signed a deal in late November 2004‚ to supply the U.S. operations of DaimlerChrysler with $1.5 million worth of machines. The machines would be manufactured in Germany and exported to the United States. When the deal was signed‚ Pfeiffer calculated that at the agreed price‚ the machines would yield a profit of €30‚000
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General Electric (GE) Healthcare India is a joint venture comprised of the former and Indian Multinational Wipro Ltd. What made GE Healthcare stand out so much in year 2005-2006 was that by the end of the fiscal year‚ they had generated $77 million in the ultrasound machine market. They had become the market leaders in the ultrasound machine market‚ beating well-known competitors such as; Toshiba‚ Phillips‚ and Siemens (Wicks‚ Andrew C. 2010). Following in 2006‚ there was a significant increase of
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