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General Electric A Fortune 500 Company: Why They Continue To Be One Of The Top 15 Fortune 500 Companies

742 words - 3 pages

General Electric Company is a diversified industrial corporation engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. As a result of acquisitions, divestitures and reorganizations, GE continues to be one of the top 15 Fortune 500 Companies.GE describes itself as composed of a number of primary business units or "businesses." Each "business" is itself a vast enterprise, any of which would, even as a standalone company, rank in the Fortune 500. The Company's "business" is divided into the following segments: Aircraft Engines, Commercial Finance, Consumer Finance, Consumer Products, ...view middle of the document...

Additionally, GE ranked ninth on Fortune Magazine's "50 Most Desirable MBA Employers" list in April 2004 and in March of 2004 GE received the 2004 Catalyst Award for comprehensive initiatives to advance women through their corporate ranks.GE equity does not seek to dominate the companies in which it invests. This approach characterized by support and respect for smaller enterprises as well as willingness not to seek control is an important aspect of the company's success. On their part, entrepreneurs see in GE Equity a value-added opportunity to get where they want to be more quickly than they could with a company offering less. GE often works out a licensing agreement for a portfolio company with General electric. It can also help start-ups over some trouble, sometimes charging prevailing consulting rates for its guidance.GE Equity is one of the leading providers of equity capital to growing companies. It has $1 billion a year available to invest in growth capital; ensuring future growth. This growth translates to a good return on the dollar and a great investment vehicle for future option...

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