1. INTRODUCTION The Internet has taken the business community by storm since the early 1990s. When the community realised the potentiality of the Internet they hailed it as the most transforming invention in history. It has the ability to completely change the way business is being done. And‚ it is doing so at a feverish pace‚ turning business upside down and inside out (The Economist 1999). Information Technology (IT) experts went on to use the Internet technology to spin off the Intranet and
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Scenario Present Scenario Use of IT Comparative Analysis Case Study Questionnaires 8/2/2012 3 Case Introduction Internet offers for large- scale storage and data analysis. IT provides -Continual monitoring of products -Access at customers’ sites -Cheap connectivity -Building strategic customer relationships 8/2/2012 4 Case Introduction GE -General Electric company GE is an American Multinational Conglomerate Corporation. Premier model for downstream service expansion
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Over the past quarter‚ our group has conducted financial research on Fortune 100 company General Electric. The history of this company dates back to 1876 when Thomas Edison invented the incandescent electric lamp in a laboratory in Menlo Park‚ New Jersey. However‚ it was not until 1892 when a merger took place between his company Edison General Electric Company and The Thompson Houston Company that General Electric Company was formed (ge.com). By 1896 the company was trading publicly on the then newly
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Competitive Exposure GM’s Case Study 3 Question 1 - Why is GM worried about the evolution of the JPY? * The Japanese automakers were one of the main competitors of General Motors because their main advantage came from having large portions of their cost structure denominated in Yen‚ which meant that they were liable to achieve significantly reduced costs in the face of currency depreciation. This reduced cost would comprise of lower cost of productions‚ thus leading to a rise in the Product
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Assignment #1: “The GE (General Electric) Way” Submitted By: Ritual‚ Bonn Karlo M. Submitted To: Engr. Keneth B. Sedilla Jack Welch‚ the CEO of General Electric from 1981 to 2001‚ was regarded by many as one of the best managers in recent business history. Do some research to identify the characteristics and behaviors that made Welch so admired. Can you see drawbacks to his management style? I. Jack Welch Jack Welch was born on November 19‚ 1935 in Peabody‚ Massachusetts. His father‚ John
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Thesis Statement Management guru Jack Welch‚ former CEO of General Electric‚ has been instrumental in forming today ’s top business management leaders by imparting effective knowledge in leadership management; he is widely credited with transforming GE into a multibillion-dollar conglomerate. I. Jack Welch Who is the man? A. Biography 1.Born in Salem‚ Massachusetts‚ in 1935. a. Growing up The family lived in one of the poorer neighborhoods of Salem‚ Massachusetts. Welch
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Massachusetts‚ U.S. | Residence | Boston‚ Massachusetts‚ U.S. | Occupation | Former CEO of General ElectricAuthor | Net worth | $720 million (2006)[1] | Spouse | Carolyn Welch‚ Jane Welch‚ and Suzy Welch | Jack Welch John Francis "Jack" Welch‚ Jr. (born (1935-11-19)November 19‚ 1935) is an American chemical engineer‚ business executive‚ and author. He was Chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE‚ the company’s value rose 4000%. In 2006 Welch’s
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STRENGTHS Global recognition: General Electric has ventured into the world market thus gaining global recognition for its unique goods and services. In the year 2009‚ Forbes magazine ranked GE as the world ’s largest company. Hurbert (2007) notes that General Electric ’s brand is the world ’s most recognized brand. This kind of recognition has given it a competitive edge over other companies due to its ability to attract more customers. Global strength and competitiveness:The Company’s products
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|The Biography of Thomas Edison | |"... Thomas Edison was more responsible than any one else for creating the modern world .... No one did more to shape the physical/cultural | |makeup of present day civilization.... Accordingly‚ he was the most influential figure of the millennium...." | |The Heroes Of The Age: Electricity And Man
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Ecomagination: Driving Sustainable Growth for GE This case is about US-based diversified conglomerate General Electric Company (GE) and its environmental initiative Ecomagination that was launched in mid-2005. Through this initiative‚ the company invested liberally in renewable energy and cleaner technologies. It also promoted energy-efficient Ecomagination products through its marketing campaigns. Besides‚ the company set targets for reducing its greenhouse gas emissions and for increasing the
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