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Abstract
As a diversified services and technology company, General Electric is dedicated to creating products that enhance life. ... Edison’s Edison General Electric Company and Thomson-Houston Electric Company was arranged.
Our paper will show how economic indicators, such as Gross Domestic Product (GDP), unemployment rate and the inflation rate effect GE. ...
Gross Domestic Product (GDP)
General Electric is a U. ... ” (General Electric Company, 2003, p. ... ” (General Electric Company, 2003, p. ... When markets are truly global, import competition can force domestic firms (like General Electric) to reduce their labor costs either by reducing wages (difficult due to contracts and union rules) or outsourcing jobs” (2003). ... And the impact on that side will be negative. ... Among their growth initiatives are: the release of expanded features related to their financial services such as private-label credit cards; acquisitions of companies that enhance their service and product offerings – the acquisition of Amersham for instance, “advances General Electric’s strategy of addressing high-growth, high-technology segments of the global healthcare industry” (2003); and expanded globalization through such projects as the $20 million contract to supply a residue gas compression package for the expansion of the Ras Gas (II) facility of Ras Laffan Liquefied Natural Gas Company Ltd. ...
Inflation
As a diversified services and technology company, General Electric would be impacted in several ways if the economic forecast is correct and there is a continual rise in inflation. ...
Another way in which inflation can impact GE is by reduction of consumer spending. ... Downsizing and cost cutting wherever possible would be actions GE needs to take if these factors begin to have a large impact on the company.
Approximate Word count = 1849
Approximate Pages = 7.4
(250 words per page double spaced)
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