General Electric Report Essay Example | Topics and Well Written Essays - 3000 words

worldwide galvanic Report - Essay ExampleThe habitual Electric Company also obtained the fourteenth rank of among most profitable companies globally. The usual Electric Company is an American transnational conglomerate business integrated in Schenectady. The company is located in New York but has its headquarters in Fairfield, Connecticut situated in the United States. General Electric Company operates in four main areas of production and service to their customers. The areas include Technology Infrastructure, industrial and Consumer, Capital Finance and Energy. General Electric has endeavoured into the world market hence achieving global acknowledgment for its exclusive goods and services. In the year 2009, Forbes magazine graded GE as the worlds biggest company. Hurbert in 2007 noted that General Electrics brand is the globes most identified brand. This kind of detection has given it an aggressive advantage over other organizations due to its capacity to be a focus for more cu stomers. The technology infrastructure incorporates the companys business group consisting of the General Electric Companys constituents such as transportation, healthcare and the General Electric aviation. The formulation of this unit resulted from the staggering losses experienced by the company in the year 2008. The General Electric large(p) finance entails the major financial services of the company that are grouped into five elements. The financial services include the General Electric money, capital aviation services, energy financial services and the capital real estate. The General Electric Capital offers commercial lending and leasing services within the company. The sectors gaining from the capital are the aviation, entertainment, communications, healthcare, consumers and media. The General Electric Energy concerns with the creation of the energy necessary for the running of the companys activities as well as making mesh from the consumers. The energy of the company is b ased in Georgia and Atlanta in the United States of America. The companys energy is categorised into Power and Water, oil and natural gas and the energy management. The industrial and consumer refers to the companys businesses and their solutions to the company and the consumers. The unit targeted efficiency in customers services through increasing their productivity. The critical tool used by the company in this case is the employment of superb information management and the automation of the specific solutions at every instance of their application. The basic categories of the industrial solutions of the General Electric are the appliances, intelligent platforms and lighting. Statement of Financial position ASSETS 2011 2010 Cash and equivalents $ 84,501 $ 78,943 investing securities 47,374 43,938 Current receivables 19,531 18,621 Inventories (Note 5) 13,792 11,526 Financing receivablesnet 280,378 303,012 Other GECS receivables 7,561 7,571 Property, plant and equipmentnet (Note 7 ) 65,739 66,212 Investment in GECS Goodwill (Note 8) 72,625 64,388 Other intangible assetsnet (Note 8) 12,068 9,971 All other assets (Note 9) 111,707 94,299 Assets of businesses held for sale (Note 2) 711 36,887 Assets of discontinued operations (Note 2) 1,255 12,425 Total assets (a) $717,242 $747,793 LIABILITIES AND EQUITY 2011 2010 Short-term borrowings (Note 10) $137,611 $137,611 Accounts payable, principally flock accounts 16,400 14,656 Accounts payable,