Tuesday, September 10, 2019

Corporate Finance Company Profile GE Essay Example | Topics and Well Written Essays - 2500 words

Corporate Finance Company Profile GE - Essay Example Moreover, company also acquired Vital Signs, Inc. and Merrill Lynch Capital in the year 2008 in order to strengthen its business operations. In the early 2009, GE also acquired an Italian corporate bank. An overview of GE’s product line is stated below: Energy: Due to the high consumption and growth in the energy sector GE deals in various energy products in more than 120 countries which is quite beneficial for the company’s future return and growth. GE business technique is based on customer’s loyalty, commitment and trueness. GE knows the customer’s needs and evaluate it with the introduction of new products in their range. GE’s vision is to make life fun and easy for consumers. GE not only working in the US but also exploring the market globally and serves the customers with pride. GE’s business strategy is to take competitive advantage over other competitors not only in the US but also in the global world. In order to meet the customer need and pay full attention to the every individual customer with end to end solution GE trained their staff and engaging them with the new and rising technology .This trick helps GE to generate more resources and maximizing overall profit. The main rival of the GE is Siemens AG (ADR), United Technologies Corporation, and Koninklijke Philips Electronics NV (ADR). GE is working on heightened regulatory and market scrutiny of corporate governance practices in order to communicate and represent the organization in a manner that pleases the shareholders, utilizing resources in a new and evolving compliance environment. Management should be eyeing the macro factors like Government’s policies, competition and tax rates where they operate business because local, national or international jurisdictions and new or changing regulations might create hurdle in their way. Company’s strong point is that they have sharpened their focus on sales, service and customer orientation and are eagerly looking forward to

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