Introduction of the General Electric Company (GE)

Solutions

Expert Solution

GE is an American multinational conglomerate. It is incorporated in New York City and is headquartered in Boston.

The company has operations in the following segments and sectors:

· Power – This includes gas power and power portfolio.

· Renewable energy – This includes onshore wind, offshore wind, grid solutions equipment and services, hydro.

· Aviation – This includes commercial, military, systems and other.

· Healthcare – This includes healthcare systems and life sciences.

· Capital – This includes GE Capital Aviation Services (GECAS), Energy Financial Services (EFS), Industrial Finance (IF) and Insurance.

The company has customers spread across 170 countries and its manufacturing and service activities are carried across 94 manufacturing locations in USA. Outside of USA the company has 190 manufacturing plants that are spread across 37 countries.

The company employs around 205,000 people across the globe and of this figure 70,000 people are employed in USA alone.

The company has divided its business into the following regions:

· US

· Non-US – This comprises of Europe, Asia, Americas, Middle East and Africa.

USA contributes 41% of the company’s total revenues while the non-US regions contribute the balance 59%.

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

Introduction of the General Electric Company (GE)

General Electric The GE Fraud - What happened at GE? Why did it happen? How was...

General Electric The GE Fraud - What happened at GE? Why did it happen? How was it discovered? What parts of the COSO control model do you think failed or were violated by the company? What was or should have been the auditor's role? What was the fallout from the fraud? Have things changed at the company?

The dimensions used in the General Electric (GE) mode—market attractiveness and company strength—are richer and more...

The dimensions used in the General Electric (GE) mode—market attractiveness and company strength—are richer and more complex than the dimensions used in the Boston Consulting Group model, but they are harder to quantify. Group of answer choices True False

General Electric (GE) appliances come with a traditional warranty, but the company also offers extended coverage...

General Electric (GE) appliances come with a traditional warranty, but the company also offers extended coverage with a Service Protection Advantage plan from Assurant, GE's authorized provider of extended warranties. The plan covers parts and labor for appliance repairs for an extended period. According to data compiled by Assurant, thirty percent of consumers who purchase a new GE appliance also buy the Service Protection Advantage plan. Assume that a random sample of fourteen consumers who purchased a new GE appliance...

General Electric® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE...

General Electric® Capital, a division of General Electric, uses long-term debt extensively. In early 2002, GE Capital issued $11 billion in long-term debt to investors and then within days filed legal documents to prepare for another $50 billion long-term debt issue. As a result of the $50 billion filing, the price of the initial $11 billion offering declined (due to higher risk of more debt). Bill Gross, a manager of a bond investment fund, “denounced a ‘lack in candor’ related...

analyze the write-off of the $23 Billion in GOODWILL by General Electric (GE).....Is there really an...

analyze the write-off of the $23 Billion in GOODWILL by General Electric (GE).....Is there really an ASSET called GOODWILL????....Should Goodwill be recorded as an EXPENSE????

In December 2015, General Electric (GE) had a book value of equity of $ 97.8 billion,...

In December 2015, General Electric (GE) had a book value of equity of $ 97.8 billion, 9.4 billion shares outstanding, and a market price of $ 32.04 per share. GE also had cash of $ 102.1 billion, and total debt of $ 198.1 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value?

Goodwill - General Electric: What is the controversial about GE $23 billion write off Is the...

Goodwill - General Electric: What is the controversial about GE $23 billion write off Is the case of General Motors a perfect example of goodwill impairment

In December 2018, General Electric (GE) had a book value of equity of $51.7 billion, 8.6...

In December 2018, General Electric (GE) had a book value of equity of $51.7 billion, 8.6 billion shares outstanding, and a market price of $7.94 per share. GE also had cash of $68.3 billion, and total debt of $110.3 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value?

In December 2018, General Electric (GE) had a book value of equity of $52.5 billion, 8.9...

In December 2018, General Electric (GE) had a book value of equity of $52.5 billion, 8.9 billion shares outstanding, and a market price of $8.05 per share. GE also had cash of $69.4 billion, and total debt of $108.5 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value?

Subjects