I was losing sleep because of my essay and the writer saved me. Reliable service and skilled writers. Thank you so. much!
Sustained profits come from building a competitive advantage. This advantage can be accomplished not only through good financial return on a specific process but also through the correct capacity decisions that must be integrated into the organization’s mission and strategy.
Jack Welch, former CEO of General Electric (GE), understood this better than anyone else. Although GE was a profitable and respected company when Welch took over, its financial results during the1970s were troubling to both its investors and senior management. Welch immediately made changes to the company’s structure and management practices. From the beginning, he stressed the importance of being one of the top players in the industry. He told his colleagues that GE should always be number one or number two in all its businesses; if it was not, then their only options would be to fix, sell, or shut down.
Because of this strategic direction, GE today usually dominates the markets in which it participates; and if it does not, then it divests. A major part of GE’s strategy is to be the first or second in every market. As you review the module readings for this week, consider the complexity of GE’s products and its emphasis on vertical integration and capacity planning.
The General Electric Company, or GE, is a diversified company that offers
infostructure, media and finance products and services. The company was
originally founded by electrical innovator Thomas Edison. It is also listed as one
of the most admired companies, ranking as number one in electronics and 16th
overall according to Fortune Magazine. For the company’s innovation focus, it was ranked as one of the world’s most innovative companies by Business Week.
The General Electric Company is organized into 5 divisions including
“’NBC Universal”, “Technology Infrastructure”, “Consumer & Industrial”, “Energy
Infrastructure” and “Capital Finance”. The company functions in over 100
countries and has over 300,000 employees. For 2009, the company achieved
$11.2 billion in earnings and an industrial cash flow of $16.6 billion. Effective
January 1, 2011, it reorganized the Technology Infrastructure segment into three
segments: Aviation, Healthcare and Transportation.
Chemicals, Petrochemicals, and Fertilizers
Food & Beverage
Government & Public Administration
Metals and Metals Fabrication
Mining (Coal, Minerals, Metals)
Oil & Gas Upstream
Using the information above, the module readings, Argosy University online library resources, and the Internet, respond to the following:
Write your initial response in 300–500 words. Apply APA standards to citation of sources.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more