Environmental Background Of Ge 's External Environmental Factors

NBCU’s diverse umbrella includes cable networks, broadcast television, filmed entertainment, and even a group of theme parks. The Universal Filmed Entertainment Group consists of Universal Pictures, Fandango, and NBCUniversal Brand Development. DreamWorks Animation was also added to the group in 2016 when Comcast purchased the studio for about $3.8

External environmental factors are the macro environment affecting a business; they are factors outside the company and which they have no control over (Kotler & Armstrong, n.d.) these external factors bring about impacts to the company thus a company should always be prepared to react.

Analyzing GE’s corporate-level strategy from 2001 – present with Jeff Immelt as CEO, GE focuses on the growth and development platforms. Technology is the key driving force for GE’s future and growth. Advancements in industries such as energy, health and aviation fueled demand for cleaner and more efficient energy production. GE identified new markets with potential high-growth that offered attractive returns through strategic mergers and acquisitions. As CEO, Jeff Immelt established a process for identifying projects that offered attractive growth potential which were then nurtured and treated as special projects or initiatives that were not subject to strict budget constraints. Immelt introduced GE’s three strategic imperatives as: (1) sustaining its strong business model, (2) strengthening the business portfolio, and (3) driving its growth initiatives. www.ge.com

General Electric (GE) is one of the most successful companies in the world and a large diversified multinational conglomerate. GE is broken into 9 business sectors, Global and Growth Operations, GE Capital, Healthcare, Oil & Gas, Power & Water, Energy Management, Appliances & Lighting, Aviation and Transportation. Once regarded as the most valuable company in the world in terms of market capitalization, GE’s performance has recently started to decline.

4. Corporations have a duty to correct adverse social impacts they cause. GE failed the basic elements of corporate social responsibility which is to take voluntary actions that go beyond what is compelled by law, regulations, or other mandates. It not only did not cut its pollution outputs to below the legally permitted levels, it missed minimum allowable levels completely, according to the text. Many of the 39 offenses mentioned earlier, most were from pollution hazards. Additionally, GE failed to correct adverse environmental impact caused by its manufacturing plants. According to the text, GE was responsible for polluting the Hudson River with toxins from its manufacturing plant in New York. As oppose to collaborating with governmental agencies utilizing its financial and corporate positioning to correct or at the very least, mitigate the issue; GE instead spent almost a half of billion to win the fight against the cleanup efforts.

GE Healthcare is a unit of the wider General Electric Company. It has a global orientation, employing more than 46, 000 staff committed to serving healthcare professionals and patients in over 100 countries. It is headquartered in the United Kingdom (UK)-the first GE business segment outside the United States. It has a turnover of approximately $ 17 billion. The headquarters hosts GE healthcare corporate offices as well as finance, sales, global sourcing departments, X-Ray marketing, manufacturing, design and shipping. The finance and sales departments at the headquarters handle GE Healthcare’s high level decisions, but each modality often has its own similar

Pricing and promotion strategy: Universal Studio offers savings specifically for its online tickets, and flexibility to print tickets at home and straight to the gate park. Coupon books are as well offered for the multi-buyer tickets. Additionally, NBC universal embarks expansion plan to enlarge its customer pool. However, there is still non-added value in the value chain, technology is really essential to innovate products and thus set competitive prices strategically.

When looking for investment opportunities, whilst analyzing the trends in a company’s financials may paint a fairly accurate picture of their financial standing, and allow for prediction in years to come, without first properly addressing environmental factors that affect the company, one cannot come to an informed decision about where or not to invest. The predominant categories these fall under being political, social, economic and technological, there are certain facets that prove more important than others. In terms of Suncor Energy, there is no one most important factor, as each interconnects with the others to make up that which is the competitive environment. To begin with, the economic environment affects Suncor, both on a local and global scale.

Also; Citigroup, Inc. another competitor for the GE Company made a total of $64.95 billion in 2011, and when we compare it with GE and SI its earnings where even less in the same year, making General Electric a leader in the industry. With this valuable information GE management can analyze its competitor’s financial statements results and from there they can evaluate their faults and create new ways to increase their annuals earnings and secure their place as one of leading companies in their industry. Another way GE can go forward in the industry is by adapting its services and products to other countries that need them.

GE has to examine what strategy the firm is going to follow. Will the firm’s

General Electric is a well-known company in many regions of the world, but what people aren’t particularly aware of are the steps that General Electric has taken to get to where it is at today. When I think of General Electric the first thing that comes to mind is the role that the company plays in the production of household appliances, but General Electric is a much bigger contributor to people’s lives than is most people realize. People aren’t familiar with the internal business decisions that General Electric makes to ensure that the company continues to grow and run as smoothly as possible, allowing the company to continue to provide people with the services that they have grown to recognize as being a trademark of General Electric.

our appliance product manufacturing will move back from China and Mexico to the U.S. We think we can make more money and serve our customers better. We also think this will make us a better manufacturing company in every corner of the world. But it is only possible because our designers, factory workers, managers and marketers work together. GE is a “We Company.” We are solving problems, tough problems. We are in the seventh year of a clean energy business strategy called ecomagination. Clean energy goes in and out of focus for governments and consumers. But, at GE, we are steadfast in our investing. In 2011, we had $21 billion of clean energy revenue, growing twice as fast as the Company average. Ecomagination drives growth because we are solving problems for our customers. At coal mines, from Pennsylvania to Peru, our water solutions allow customers to operate productively while achieving high environmental standards. We demonstrate every day that, through innovation, we can meet societal needs and do it profitably. We deliver results. That is the ultimate output of a strong culture. Over the next few years, our performance will accelerate. We aim to reward investors by

I chose to look into General Electric for this project because they are an energy supplier and multi-national company. Energy providers have a reputation as a money hungry companies that care about the bottom line more than people and the planet. It is easy for a person to assume that a corporation of GE’s size, money would be its only concern. What I learned was that GE has a public image problem more than a Corporate Social Responsibility (CSR) problem. The company has been working to make the people of the planet more Earth friendly by creating technology that has higher efficiency with fewer emissions and lower resource demands. GE has a well-established strategy for Corporate Social Responsibility. As a result of CSR the company

Analysis - GE has likely been so successful over the years because of its ability to foresee major trends and capitalize upon them. In the 1960s, for instance, GE was one of the eight major computer companies. Even recently, since 1986, GE has continued to acquire several organizations; portions of NBC, wind manufacturing, universe pictures, aerospace industries, international firms, software and hardware manufacturing, even oil companies abroad. The company culture describes itself as not one company, but many each unit a vast and complex enterprise in and of itself, with a corporate

Currently, GE has six business units: GE Infrastructure, GE Industrial, GE Healthcare, NBC Universal, GE Commercial Finance, and GE Consumer Finance. And with strategic horizontal diversification, GE could strengthen its economic stability throughout the last 20 years among all the different challenges came up into the business environment, and rather to keep its growth increasing.