General Electric Company An American Multinational...

Overview General Electric Company (GE), founded on April 15, 1892, as a result of the merger of American Inventor Thomas Alva Edison s Edison General Electric Company and Thomson-Houston Electric Company is an American Multinational Conglomerate. The diversified infrastructure and financial services company produces products and services that consist of oil and gas production equipment, household appliances, power generation, medical imaging, industrial products, business and consumer financing and aircraft engines. The Company operates in approximately 175 countries and about 300,000 employees around the globe. The company s headquarters is located in Fairfield, Connecticut, USA. GE is able to run efficiently through the following eight business markets of Power Water, Oil Gas, Energy Management, Aviation, Healthcare, Transportation, Appliances and Lighting, and GE Capital (Reuters). Corporate Profile: Management Style As stated by New York Times, â€Å"the GE Way Isn’t for everyone†, this way that has been controversially spoken of was developed by John Welch, one of the most prominent CEO’s in the history of General Electric. Welch developed a breakthrough in business management that produced innovative leadership strategies. The implementation of this strategy is the reason why GE became one of the most highly labor-efficient and highly productive powerhouse’s of the 21st Century. During Welch’s 20 year reign as CEO, and later on as chairmen of GE, theShow MoreRelatedStrategic and Operational Plans Based on the SWOT Analysis Essay724 Words   |  3 Pageson the SWOT Analysis General Electric (GE), is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States. The company operates through five segments: Energy, Technology Infrastructure, Capital Finance and Consumer Industrial. In 2011, GE ranked among the Fortune 500 as the 26th-largest firm in the U.S. by gross revenue as well as the 14th most profitable. However, the company is currently listed the 3rd-largestRead MoreThe Organizational Structure Of General Electric ( Ge ) Essay1029 Words   |  5 PagesInternational business management A discussion of the organizational structure of General Electric (GE) Introduction GE is an American multinational conglomerate which deals in industries like aviation, oil and gas, power and water, health care and capital, to mention a few. The company has a matrix organizational structure, which is characterized by the organization of the company according to multiple metrics. In the case of GE, the structure is matrix in that it combines a functional structureRead MoreThe Structural Frame Model Of An Organization818 Words   |  4 Pagescreating of new companies. Thus, divided only into the strategic apex as an owner and operating level as the employees, it falls into a â€Å"flat† system category. The best examples of simple structure probably would be the so-called small deli stores located almost on every other street corner of New York City. Although, some of the big scale companies could become the simple structure in times of bankruptcy. Being in depth in the early 1990s International Business Machines Corp (IBM) Company became simpleRead Moreâ⠂¬ËœGe’s Growth Strategy: the Immelt Initiative’1036 Words   |  5 PagesCase summary: ‘GE’s Growth Strategy: The Immelt Initiative’ The General Electric Company (GE) is an American multinational conglomerate corporation incorporated in New York. The Company operates through five segments: Energy Infrastructure, Technology Infrastructure, Capital Finance and Consumer Industrial. The company has 287,000 employees around the world. Products are Appliances, Aviation, Consumer, Electrical, Energy, Entertainment, Finance, Gas, Healthcare, Lighting, Locomotives, Oil, SoftwareRead MoreBarbarians At The Gate By Kohlberg Kravis Roberts And Co.1341 Words   |  6 PagesNabisco. The Canadian businessman got his start in General Electric as an accountant, after graduating from University of Manitoba in 1952, through a military scholarship. After General Electric, he moved on to T. Eaton Company where he was the Vice-President of merchandising. Shortly after, he was named president of Standard Brands Ltd. From there, Johnson began his reign to the top of the corporate ladder, by discussing a merger between his company and Nabisco with the than CEO of Nabisco, Bob SchaeberleRead MoreBarbarians At The Gate By Kohlberg Kravis Roberts And Co.1346 Words   |  6 PagesNabisco. The Canadian businessman got his start in General Electric as an accountant, after graduating from the University of Manitoba in 1952 on a military sc holarship. After General Electric, he moved on to T. Eaton Company, where he was the Vice-President of merchandising. Shortly after, he was named president of Standard Brands Ltd. In 1981, Johnson began his reign at the top of the corporate ladder when he began discussing a merger between his company and Nabisco with the then CEO of Nabisco, BobRead MoreTo most of us, globalization—as a political, economic, social, and technological force—appears all1700 Words   |  7 PagesCoca-Cola, eat McDonald’s hamburgers, entertain the kids with a Sony PlayStation, and travel with designer luggage. This is equally true for the buying habits of businesses. The market boundaries for IBM global services, Hewlett-Packard computers, General Electric (GE) aircraft engines, or PricewaterhouseCoopers consulting are no longer defined in political or geographic terms. Rather, it is the intrinsic value of the products and services that defines their appeal. Like it or not, we are l iving in a globalRead MoreManaging Global Business : The General Electric / Mckinsey Matrix1683 Words   |  7 PagesGE are Americans which may simply be a side effect of the corporation having been founded in the U.S. and headquartered in the U.S. GE takes different modes of entry in to foreign markets, depending on the market and the competitive environment. Their approach is tailored based on the market and they have taken the right approach more times than not. GE is so adept at analyzing new markets their strategy for such analysis has become something of a business standard. The General Electric/McKinseyRead MoreExploitation And Gendered Labor : An Ever Present Issue2076 Words   |  9 Pagesclearly visible is in the maquiladora industry, large-scale export-oriented factories that dot the landscapes of many Latino countries. Multinational corporations such as Nike, Panasonic, and Zenith, all set up shop in areas beyond the border as a means of avoiding many restrictions when it comes to taxes and trades. Furthermore it allows these large conglomerates to avoid having to pay more for labor than they would say if they were in areas of the United States or even parts of Western Europe. MexicoRead MoreCompare Leadership St yles Between Jack Welch and Jeff Immelt4058 Words   |  17 PagesASSIGNMENT ON LEADERSHIP Lecturer: Dr. Brian O’Reilly Title: Compare and Contrast Two Leaders Executive Summary This paper would take leadership into account by comparing and contrasting two well-known leaders in General Electric (GE). The paper first introduces two leaders with some brief biographies, characteristics and their contribution to the GE. It then looks at who would be the more effective leader by providing with some aspects of leadership. It then comes up with some skills these

Does Immigration Have Positive Or Negative Effects On...

Does immigration have positive or negative effects on recipient nation states? Immigration is defined as the migration of a group of individuals from their home country to another country in search of social, economic and political sustainability (Flores Loss, 2010). Kim and Koo (2016) report that the number of immigrants is rapidly increasing in Korea, the population of immigration rise from approximately 1.5 million in 2013 to more than 7 million as of 2014, which is equivalent to almost 14 percent of the population of South Korean. Currently, immigration has become one of the major socio-economic challenges worldwide. Several developed countries, as well as developing ones, are now suffering from the consequences of immigration.†¦show more content†¦In the first place, d Albis, Boubtance and Coulibaly (2016) claim that since a large number of immigrants chose to move to France, the number of French-born unemployed workers increased sharply by 18.5% in 2009 compared with the figure in 2004. In other words, immigrants were competing with some French- born employees, leading to the increasing level of unemployment. Furthermore, according to a survey conducted in 28 countries, large influxes of immigrants, especially highly skilled workers, such as mathematicians and nurses, are negatively affecting the job market for highly skilled natives (Peroni, Riillo, Sarracino, 2016). That is, mass-emigration of highly skilled workers decrease job opportunities for local workers. In brief, immigrants compete with local job seekers in the recipient countries and result in the increase of unemployment rate. However, several critics argue that a number of immigrants start new businesses and therefore do not compete with local workers. For example, according to the surveys from Global Entrepreneurship Monitoring in Luxembourg in 2013 and 2014, approximately 44% of immigrants, especially first-generation immigrants, have more interest in starting new businesses (Facchini Steinhardt, 2011). Nevertheless, despite the fact that immigrants prefer to develop their businesses, these people are still competing in the same business domain, which in turn increases the unemployment rate. From 2000Show MoreRelatedReassessment of International Instruments in the Field of Migration1026 Words   |  5 Pagesrecognition. Since 1990s, many governments have begun to recognize the disparity of increasingly complex nature of current migration flows with traditional institutional and legal systems of handling immigration, according to which each category of migrants received its clear and unambiguous definition. This concern has led to a reassessment of international instruments in the field of migration. Phenomenon of immigration Orderly international migration can have a positive impact on the countries of originRead More Economic Effects of Immigration Essay3505 Words   |  15 Pagesdebated effects of immigration involve the United States’ economy and labor force. It is estimated that there are 12 million undocumented immigrants in the United States today, and their impact on the economy can be perceived as positive as well as negative. The overall effect is unclear, and this essay will present both sides of the debate. Many economic factors have been influenced by an increasing number of immigrants that have entered our country. Population growth has had a direct effect on ourRead MoreShould Usa Have A More Relaxed Or Stringent Immigration Policy? Essay1655 Words   |  7 PagesShould USA have a more relaxed or stringent immigration policy? Introduction. Should the United States of America have a more relaxed or stringent immigration policy? A phenomenal number of immigrants come to the USA every year. They come here for different purposes and from different places. Some immigrants are refugees who have fled war torn countries like Syria, Jordan, from the African nations etc. Most come in search of better opportunities for their children because of the freedom, protectionRead MoreIllegal Immigration Throughout Americ An Overview2547 Words   |  11 PagesFrancisco Flores Professor Sonia Gutià ©rrez English 100 2 August 2014 Illegal Immigration in America In the beginning, thirteen colonies united to overcome the British imperial authority; thus, America was founded in 1776. Amerigen, a name created by a young Alsatian proofreader named Matthias Ringmann in the early fifteen century, means no-place-land, the new-land, or the land of Amerigo in Greek, according to Toby Lester. The land of Amerigo was a place where the European civilization could goRead MoreAnalysis of Immigration in Canada6747 Words   |  27 Pages2001, the Canadian population is approx. 30,000,000 and immigration represented approx. 0.834% of the population growth.[1]. These numbers continue to increase as Government Immigration policies center the immigrant growth to be on 1% of the population annually.[2] Thousands of people choose Canada to improve their quality of life, due to the limited economic growth in their country of origin. Our detailed research on Canada’s immigration policy clearly shows the analysis of the policy, its implementationRead MoreT he Dream Act : Good For Our Nation?2233 Words   |  9 PagesThe Dream Act: good for our nation? â€Å"A child without education, is like a bird without wings.†- Tibetan proverb. Since the discovery of the Americas, immigration has played a vital role in the development of the United States of America. People migrated here due to the extensive land available, resources but most of all the countless opportunities this new territory had to offer. In the present day, immigration has changed from being opportunistic to trying to find a complete new and better wayRead MoreEssay about Politics, Payoffs, and Illegal Immigration5503 Words   |  23 PagesPolitics, Payoffs, and Illegal Immigration According to the U.S. Immigration and Naturalization Service, from 1993 to 1995 the United States has experienced the largest two year decline in immigration since the years 1930-1932. In 1995 there were 720,461 legal immigrants admitted to our country; some people would make the argument that this is far too many immigrants ( U.S. Immigration and Naturalization Service). It is impossible to clearly define the term anti-immigration because it is not a thingRead MoreThe Hegemonic Construction Of Ireland2740 Words   |  11 PagesMigration has fundamentally changed the nature of Irish society. Ireland has recently become a country of immigration; nonetheless the changes have been rapid and have changed the country significantly both north and south of the boarder. It is one of a number of peripheral European countries which has transformed from having a lengthy history of emigration, to becoming a recipient of substantial inward migration. In Ireland today, migration â€Å"Is one of the topics under discussion† (Gilmartin WhiteRead MoreUndocumented Children And Public Education2579 Words   |  11 PagesEducation Daniel Gallagher Arkansas State University Undocumented Children and Public Education Introduction The issue of providing an education for undocumented children in public schools in the United States is one that has been debated over several decades. The roots of this debate can be found in Texas and can be traced to the Tyler Independent School District. In 1977 the landmark case, Plyer v. Doe, was filed in the United States District Court for the Eastern DistrictRead MoreCapitalism And Social And Economic Systems1761 Words   |  8 Pagesits population. By definition, â€Å"capitalism is an economic system controlled mainly by individuals and private companies instead of by the government†. Inequality is based on mostly three things, a person’s home, job opportunities, and income. People have the ability to determine how they will obtain and spend their money. Companies can decide which goods and services to manufacture and how much to charge based on the demand of the people. This controls the quantity and the type of products manufactured

Copyright and Other Issues Regarding Digital Media and the Internet Free Essays

In the old days when you wanted to buy your favorite artist’s new album you would head to your local record store to buy it. The artists and record label would each get a cut of the profits. But today more music fans are opting for 99 cent downloads or streaming free music on-line. We will write a custom essay sample on Copyright and Other Issues Regarding Digital Media and the Internet or any similar topic only for you Order Now Obtaining a new track or album is just a click away with iTunes, subscription services like Spotify, free Internet streaming sites like Pandora, or even YouTube where you can watch music videos. For most of us, at least for myself, downloading music is a favorite activity when on the Internet. Downloading music and other media files from the Internet may make it conveniently available. But does it have a negative effect on the music industry? Does it affect the earnings of the artists? What are the pros and cons of downloading music? There are a lot of questions revolving around the music industry and the advances of digital media technology. I will explore these questions and attempt to answer the big question of whether downloading, both legal and illegal, is a real threat to the overall music industry? The pros and cons of downloading music can be explored based differing criteria, with the most controversial being whether the downloaded music is legally acquired. Since Napster, the first peer-to-peer file sharing network, made its debut in 1999 and subscription and pay-per-download technology like iTunes exploded, debate has grown concerning the logistical, ethical and financial repercussions of downloading music. The main argument that record labels make about the advancement of digital media technology is that downloading music gives rise to copyright and piracy issues. When one uses the copied versions of these files, they are indirectly encouraging piracy. When downloading such media files, it does not go for the purchase of the original copies of music, which results in a violation of copyright law. According to the Recording Industry Association of America (RIAA), 30 billion songs were illegally downloaded between 2004 and 2009 (Adkins). Even with sites like iTunes offering legal downloads, peer-to-peer file sharing still runs rampant. Thus, illegally downloading music is believed to have a significant impact on the music industry resulting in a loss of profits and jobs, and changing how music is delivered to the masses. The RIAA reports that music sales in the United States have dropped 47 percent since Napster first debuted in 1999. The availability of free music has cost the music industry $12. 5 billion in economic losses (Adkins). To make up for some of these losses, the music industry has filed lawsuits against individuals who have been found to have illegally downloaded music. In some cases, individuals have been sued for thousands, if not hundreds of thousands of dollars. The problem is, when one illegally downloads music, they aren’t just hurting music executives, who are often stereotyped as greedy businessmen exploiting the creativity of the musicians; they are also hurting the musicians. The huge popularity of illegal downloads is changing the music industry, reducing the incentive for musicians and labels to develop and finance new projects. Singers and bands are the public face of the music industry, but creating, recording and promoting a song takes a large team of people. As record companies have seen their profits decrease, they have had to cut positions they are no longer able to afford. This includes artists as well as engineers, songwriters, producers, and technicians. The RIAA reveals that more than 71,000 jobs have been lost as a result of illegally downloading music (MacMillan). The bottom line is that every piece of music downloaded without payment steals money that should be going to the musicians who created the music. Lastly, it is often left out that by downloading media files, it loses its originality. Though downloading makes it easily available to the masses, it also makes it spread far and wide. Something that is very easily available is considered to be of a lesser value therefore devaluing their art. On the other side, digital media is convenient for users, as they can obtain music and movies, save it to their computers and potentially transfer it to CDs or iPods without ever leaving their homes. It can also be done from anywhere with an Internet connection, and at any time, in contrast to music purchased at a traditional store. You can obtain potentially hard to find tracks without needing access to a well-stocked store. Access to older music can allow the producer and artist to continue to make money for paid downloads years after the release of that album. New advances in technology and digital media allow users to select specific tracks that they want, instead of requiring them to purchase an entire album. This encourages users to download more because they feel they are getting a better deal. It allows artists to gauge the audience’s response to individual songs; this feedback may be used to guide future ongwriting (Borland). Digital media downloads represent a cost saving over traditional hard copies because customers are not paying for packaging, store costs and additional charges. It can also represent a cost saving to the artist, as they may be able to market directly to the target audience instead of through a promotions agent. Lastly, and most importantly, without downloading, streaming, or file sharing the person may have never heard the music for which they are listening to. The biggest problem a band has is getting its music heard. For years, the music industry was confined to four multinational corporations that dominated the revenue stream of 70% of the music coming in, and four or five radio conglomerates that controlled what music was going out. Now all that has been broken up into millions and millions of little subcultures and niches that are serving small, really dedicated communities (Warila). Listeners may not necessarily pay for that one song or the one album, but if they’re intrigued enough, they’re going to start following an artist or band. They show up at a show, buy the merchandise, or buy the next hard copy of the MP3 they just downloaded. Once an audience is there, there are all sorts of moneymaking opportunities. What seems like a long time ago, live music once felt threatened by records. And then later, recorded music felt threatened by recordable cassette tapes. Now record labels feel threatened by downloading, streaming and file sharing of music. Every time these technological advances came along, the people invested in the music business at the time took it as a threat to their business revenues. While record sales have decreased dramatically compared to what they once were, every technological advancement throughout the music industry’s history has actually exponentially increased the desire for music. The same is true today as more people are listening to more music than in any other time in history (Adkins). And now it comes back to whether the downloading of digital media files, legally and illegally, are real threats to the overall music industry? The introduction of Napster and illegal downloading has helped usher in a new era of digitally accessible music defined by online distribution and has therefore impacted the way the music industry must market and promote its artists. After thoroughly researching and analyzing the effects caused by digital media and the Internet, I believe it is time for the music industry to make their own advancements just as technology will continue to do so. It is futile to try and get rid of what has become of digital media and the Internet. Record labels are wasting very valuable resources and time by spending large sums of money to find and pursue people in a court of law, who are illegally downloading media, the majority of which will never be able to pay off their charges. While I hold the upmost support towards respecting the integrity of one’s work, artists and record labels need to view the illegal downloading and file sharing of their media in a grander scheme of the industry. Not one specific artist or company is being singled out to lose money through illegal downloads. It is a technological advancement that has reshaped the music industry landscape and affects them as a whole. Rather than clinging to an outdated system, record labels and major media companies need to put their resources and focus into exploring all the new possibilities created by these technological advancements. By adapting to this new music industry landscape, these media labels and companies can generate new revenue streams to make up for their perceived and actual losses. To expose its artists to a wider audience and recoup revenue, the music industry has already had to develop and implement new tactics, such as digital licensing music to sites like YouTube and Pandora (Warila). The music industry will need to continue to create such ideas if it wants to grow. In regards to artists, rather than relying on media conglomerates for distribution, now they will increasingly go into business for themselves and in control of their own products. This will allow for artists to maximize their profits in a very competitive market. The concept of allowing music to be streamed and downloaded for free will only further their own growth and expand their audience base. I recommend that instead of combating the realities of the modern era, congress should instead recognize that markets are increasingly changing. Technology and media will continue to grow regardless, weave around the obstacles, and find a way to succeed just as it did for digital media regarding file sharing and illegal downloads. I believe that it is time that everyone moves forward and changes with it. How to cite Copyright and Other Issues Regarding Digital Media and the Internet, Papers

The Life of Jane Eyre Essay Example For Students

The Life of Jane Eyre Essay In the novel Jane Eyre by Charlotte Bronte, we are introduced to Jane, the orphan protagonist of the story. When the novel first begins, she is an isolated, powerless ten- year old living with an aunt and her cousins whom do not like her. Jane feels alienated from the Reed family; therefore she spends much of her time alone. Jane is faced with two factors; one she is a girl, and two she is poor. These two factors contribute too much of Janes unhappiness, at least at this point in the book! Her class difference translates into physical difference, and Jane feels she is physically inferior to the Reed children. Her cousin John is an over-indulged only son, whom uses his gluttony to bully Jane around; he describes Jane as being thick, and unwholesome. Jane tends to deal with her problems by secluding herself from her cousins. Books provide Jane with an escape from her unhappy domestic situation. I think Jane enjoys reading because books feed Janes imagination, offering a vast world beyond the claustrophobia of Gateshead. The only problem with Jane reading is that John does not approve of Jane using heir items You have no business to take our books; you are a dependent, mamma says; you have no money; your father left you none; you aught to beg, and not to live here with gentlemans children like us. Which started a verbal fight, turned physical. John threw a book at Jane and she called him a murderer and a slave-driver. Jane is then blamed for the quarrel. As a punishment she is banished to the red-room! I think the author sent Jane to this red-room, because at this time Jane once again questions her social status!At this point in the book there is a lot of gender roles, social castes, and symbolism. I think Jane needs to leave the Reeds house, and go to Lowood where at least she can get an education. If she doesnt fit into society now, at least with an education she can make a place in this world for herself!