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General Electric
General Electric is ranked the second largest company in the world by Forbes. The conglomerate employs 304,000 people around the world.
286 Questions
General Electric is a publically owned corporation. This means that it is owned (in part) by a series of share-holders. Currently (June '12) GE has about 10.6 million shares outstanding. The majority stock shares are owned by the governing board of GE through various holdings and corporations.
Who founded the company of General Electric?
Thomas Edison began the company with help from J.P. Morgan.
Rural sourcing, where a company or organization hires from states with a cost of labor that equals to the cost of outsourcing offshore is another alternative. The benefit is obvious - zero language barrier.
Are GE Bonds a good investment?
You can get a GE Bond Quote and compare it to others with similar ratings and maturities to help make a better informed decision.
http://investment-income.net/rates/corporate-bonds-rate-page
Organizational chart of General Electric?
The corporate executive office is at the top of the company's organizational chart. There are 4 officers:
- Jeffrey R. Immelt, Chairman and CEO
- John G. Rice, Vice-chairman and CEO of GE Infrastructure
- Michael A. Neal, vice-chairman and chairman of GE capital
- Keith S. Sherin, Vice-chairman and Chief Financial Officer
Underneath the corporate department, there are 6 departments:
- Infrastructure
- Commercial Finance
- GE Money
- Healthcare
- NBC Universal
- Industrial
Each of these departments has 3-8 subunits. For more detail, look at the GE website, which is listed under related links.
Is General Electric a good investment?
If you make your money the old-fashioned way--buy and hold--GE's a very good investment. They combine a conservative approach to business with a lot of innovative products and services. Plus, their fingers are in so many pies they can survive a fairly severe downturn in one or two of their business units and still show a nice profit. If you prefer to churn your portfolio, stay far away from GE. Most of their business units are highly cyclical--which means their stock jumps up and down at a moment's notice. This stock will drive a short-term guy absolutely nuts...but if you're willing to buy this and just tuck it away you'll do well with it.
What a fine question: How can you repair something made by GE? Repair WHAT exactly?
What is GE's mission statement?
GE is unique in that is has no pubilc Mission Statement. Instead it is governed by four ideals which breed the culture General Electric has become so famous for.
1. Imagine
2. Build
3. Solve
4. Lead
Jeff Immelt (CEO) says that imagination fuels GE. It is through this innovation (funded with $6 billion dollars in 2009) that GE is shaping our world. Such innovations as electric engines for aircraft, electronic report pads for doctors and nurses, infrastructure efficiency initiatives, and the green movement have resulted from this ongoing reinvestment in innovation.
Building is the key to the future. Building not so much a larger company but a stronger company. One who leads the industry with courage and efficiency. GE prides itself on being a mature company whose growth is strong and sustainable.
GE exists to solve problems. Whether it is a customer, society, or for the company itself, GE wants to take a hard look at major issues facing us today and provide an answer.
Leadership is the quintessential difference between companies who thrive and companies who survive. Management keeps the pace we established yesterday; leadership establishes the destination for tomorrow.
Contact general electric consumer affairs?
Call 1-800-437-3783 but don't expect any help. I presented them with a billing error and was told I had to write a letter to Norfolk Va. The individual would not give me his last name, would not give me a supervisor, would not fix the error and would not take a complaint. Call 1-800-437-3783 but don't expect any help. I presented them with a billing error and was told I had to write a letter to Norfolk Va. The individual would not give me his last name, would not give me a supervisor, would not fix the error and would not take a complaint.
It sounds like the rotating tub has ceased and the motor is still trying to rotate the tub. The drive belt is spinning on the drive motor's pulley and creating heat and the burning smell. Don't try and use the washer any more until the tub bearing or its gearbox has been repaired. The drive belt rubbing on the pulley can generate enough heat that the belt might combust into flames.
What is General Electric Life Extension Services What do they do and where are they located?
I have a partial answer.
LES is a branch of GE Energy. It does life extension services for electrical equipment.
Such as turbines, generators, etc.
What is general electric mission statement?
Values - Imagine, solve, build and lead - four bold verbs that express what it is to be part of GE. Their action-oriented nature says something about who we are - and should serve to energize ourselves and our teams around leading change and driving performance.
For more than 125 years, GE has been admired for its performance and imaginative spirit. The businesses that we invent and build fuel the global economy and improve people's lives.
Today, we are 11 technology, services and financial businesses with more than 300,000 employees in 160 countries around the world.
What unifies us? Our Actions and Values.
What we do and how we work is distinctly GE. It's a way of thinking and working that has grounded our performance for decades. It's a way of talking about our work and ourselves that takes the best from our past and expresses it in the spirit and language of GE today.
It's about who we are, what we believe, where we're headed, how we'll get there. It's how we imagine, solve, build and lead.
Imagine.
From the very beginnings of our company, when Thomas Edison was changing the world with the power of ideas, GE has always stood for one capability above all others - the ability to imagine.
Imagine is a sense of possibility that allows for a freedom beyond mere invention. Imagine dares to be something greater.
At GE, Imagine is an invitation to dream and do things that you didn't know you could do.
Because at GE the act of imagining is fused with empowerment - the confidence that what we imagine, we can make happen.
Solve.
Every business has to have a reason to exist - a reason that answers the fundamental question of "why are we here?"
For GE, the big question has a simple answer: We exist to solve problems - for our customers, our communities and societies, and for ourselves.
Build.
From 0 to 60 in six seconds? Try zero to $5 billion in five years.
It's not so much a vision for our future - where we're headed is in many ways a reflection of where we've already been. It's not a destination. It's a quest. A quest for growth. And when we look to the future, we know that for us, there's only one way to get there. Build.
Lead.
Imagine. Solve. Build. Each of these is merely a word without one vital element. Lead.
GE is already synonymous with leadership. But with this mantle comes responsibility. And it's not just a responsibility to maintain the status quo or manage what worked yesterday. It's the bigger responsibility to change.
Because change is the essence of what it means to lead.
It's a call to action that engages our unceasing curiosity, our passion, and our drive to be first in everything that we do.
We Are a Company to Believe In.
Imagine.
Build.
Solve.
Lead.
What was the price of General Electric stock on October 7 2001?
October 7 2001 was a Sunday. October 5: Open/High/Low/Close: 37.39/37.69/36.21/37.45
By By Outsourcing GE was able to reduce the labor cost of its total operation
cost. This increased their ability to be competitive in the global market
place.GE's work with Wipro gave GE access to local knowledge to penetrate the Indian market.GE's work with Wipro gave GE a launching pad to other Asian markets.
•In short-term, yes, such outsourcing did hurt American workers whose jobs were outsourced, but in a longer-term. It improved the economy through job growth
It shows that the global economy is all connected. When something happens in one country, it affects all countries.
What are the objectives or goals of purchase department?
To Ensure uninterrupted flow of Materials to Support Operations
· To Ensure Cost, Quality & Delivery across all Purchase Functions.
· To provide Necessary Expertise, Advise & information to Operation Department.
· To develop and maintain Buyer & Seller relationship - to become preferred buyer in market
· Develop reliable alternative sources of supply to meet the Company requirements
· Treat all prices and information submitted by suppliers as confidential in order to preserve a good business reputation and obtain competitive prices.
· Resolve complaints on all purchased goods and services
· Provide leadership in the standardization of materials, supplies, equipments, services and procedures.
What was General electric stock price in 1994?
The first price in 1999 (close) was $33.53, the closing price of the last trading day in 1999 was $51.58. The price range was appox. $53-32. One stock split (3:1) was performed in May 2000. These are adjusted prices.
What is the ticker symbol for General Maritime?
The ticker symbol for General Maritime is GMR and it is traded on the New York Stock Exchange.
