0
In order for a company to grow at a rapid pace, it would have to take over other companies that are in financial jeopardy. GE saw a great opportunity to expand the company. Going international allowed the company to reach millions and millions of new customers that are located in these countries. GE knew that by going international that their revenue would increase by over 40 percent. I think that GE acted so aggressively because if they didnt then another company would have grabbed the opportunity and purchase the companies that were in trouble. Other companies could have also formed there and that would have made it harder for GE to establish their business in other countries. Some companies may object to a foreign company trying to establish a company on their land but by buying out the businesses that were in financial trouble, GE came out as the heroes. They helped to save the jobs that these companies were offering and they helped their economy stay afloat. GE also acted so aggressively because they wanted the revenue that it would produce. I think that GE is trying to exploit lower wages. I feel that just like most American manufactures, they are always trying to find ways to reduce their costs. Moving to other countries would mean lower costs in labor hours for General Electric.
What else can I help you with?
Why you think General Electric has invested so aggressively in foreign expansion What opportunities is it trying to exploit?
General Electric (GE) has invested aggressively in foreign expansion to tap into emerging markets with growing demand for infrastructure, energy, and healthcare solutions. By entering these markets, GE aims to leverage its advanced technologies and capabilities to address local needs, drive revenue growth, and enhance global competitiveness. Furthermore, foreign expansion allows GE to diversify its operations, reduce dependence on mature markets, and capitalize on favorable economic conditions in regions like Asia and Africa.
What are the four categories of discretionary spending within the federal budget?
national defense, foreign aid, education and transportation...(although I do not think its limited to just these categories...)
Why do you think the per capita GDP of cuba is among the lowest in latin America?
The main reason is the United States embargo against Cuba, which has been enforced since 1960. Also, other regulations such as the Helms-Burton Act (which basically penalizes foreign countries that do business in Cuba by preventing them from doing business in the U.S.) have prevented major foreign investment into the island.
Why do you think the inability to import or export goods hurt American citizens more than foreign?
The inability to import or export goods can hurt American citizens more than foreign populations because it limits access to a diverse range of products, leading to higher prices and reduced availability of essential goods. This can disproportionately affect consumers, especially those with lower incomes, who rely on affordable imports for necessities. Additionally, domestic industries that depend on exports may suffer economically, leading to job losses and decreased economic stability within the U.S. In contrast, foreign countries may have alternative markets or resources, which can mitigate the impact of trade restrictions on their economies.
Why do you think a trade deficit can be a problem for a country?
A trade deficit can be problematic for a country as it indicates that it is importing more goods and services than it is exporting, which can lead to an imbalance in economic activity. This situation may weaken the national currency, increase foreign debt, and result in dependency on foreign goods and services. Over time, persistent trade deficits can hinder domestic industries, potentially leading to job losses and reduced economic growth. Additionally, it may raise concerns about a country's long-term financial stability.
What was the legacy of Catherine the Great?
I think, her influence on westeren expansion, culture, foreign policy. making russia the world power it is today. I think, her influence on westeren expansion, culture, foreign policy. making russia the world power it is today.
Can you get invested in FIFA 12?
Other teams can but I don't think you can be invested by people if your the manager
Who first invested classical music?
Classical music was invested first by some guy from ancient Egypt I think.
How have governments invested money into sport?
I really don't think they have!!:/
Publicly traded companies invested in funeral homes?
why not?if you just thought of this wouldn't think you were the first!
What is the expansion coefficient of edible oil?
I think 0.000621
Who continued the Expansion of the Franks?
miep gies. i think
What are the advantages and risk for daewoo in expansion in central Europe?
what do you think of daewoo's expansion into europe? what are the advantages and risks for the compan
How do you write a sentence with the word foreign?
The immigrant was foreign and couln't speak our language. People oftentimes think I'm foreign, but I'm not. My best friend is foreign.
Can unemployment can force the economy into an expansion?
Think! If you know what unemployment and economic expansion mean, you would know the answer to this! (by Solomon Zelman)
Do you think you are overqualified for foreign language teacher?
No
Can anyone think of a dead foreign language?
Latin is a dead foreign language along with Ancient Greek.
