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STRENGTHS
Global recognition: General Electric has ventured into the universe market thus gaining global recognition concerning its unique goods and services. In the year 2009, Forbes repository ranked GE as the world's largest troop. Hurbert (2007) notes that General Electric's reproach. is the world's most recognized reproach.. This kind of recognition has given it a based on competition edge over other companies due to its efficacy to attract more customers.
Global brilliance and competitiveness:The Company’s products be delivered of been recognized for their quality and the gathering is known for meeting customer-precise needs (General Electric, 2009). As a flow, it has attracted numerous clients including corporations and rule agencies and its competitive position is completely favorable. GE is the biggest lender in ~ people of the countries where it invests by exception of the United States (Hurbert, 2007). Its might generation equipment generates a quarter of the universe's electricity everyday.
Excellent Management: GE utilizes a unique management style, whereby business operations are divided into function units. Each business unit plays a separate role within the company and has its have independent management. Examples include GE Commercial Finance, GE Equipment Services, GE Energy, GE Insurance, and GE Consumer Finance amidst others. This kind of management mode increases productivity due to the strong-flavored level of accountability and efficiency that traffic unit managers are expected to say.
Diversified lines of operation:GE has invested in a extensive range of products under its units. These activities run from technology, energy, automotives, and aviation and home appendages to financial services and insurance services amid other undertakings. This kind of diversification shields the association from risks in case of misfortunes.
Environmental initiatives: GE has ventured into environmental initiatives being of the kind which it embraces the green economy and increased social responsibility. Its...
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