General Electric Research Paper Example | Topics and Well Written Essays - 6250 words

General Electric - interrogation Paper ExampleSince then the club has had innovations with the electric fan in 1902, electric toaster in 1905, the high frequency alternator n 1906 which makes broadcasting possible, heating and cooking device in 1907. These have been followed by numerous innovations. Since then there has been a number of inventions and innovations which has given the caller-out a competitive advantage.The company has a workforce of approximately 305,000 employees with 134,000 in the US and sales revenue of approximately $147.3 billion. The company is promptly a diversified technology and financial services conglomerate (Forbes 2013). The company is currently on Forbes lists in the following positionsThe breath of GEs operations has allowed it to sell it goods in more than 160 countries (GE 2003, p. 17). The company focuses its effort on things that matters by using the best people and technologies and tacking on some of the superlative challenges to find solution s in ambits such as energy, health, home transportation and finance by not just using imagination but by building, powering, moving and curing the world (GE 2003, p. 17) . Over the last decennium years the company has invested in businesses that were adjacent to its original business line and so pursued opportunities that resuscitate to the companys core business. Approximately one-third of the companys revenue in the argona of infrastructure is generated from new business ventures of less then ten years old, including Oil & Gas which are considered to be fast growing business areas. This growth can be attributed to both acquisitions as hearty as organic investments. A major acquisition that was started in 2012 is that of Avio - a supplier of engine parts. This acquisition is designed to help lead the way to the new generation of engines LEAP in 2016 and GEDx later. Additionally, it served to bring a critical aspect of the aviation supply chain in-house.The product and