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Has General Electric Conquered
Part 1 of Paper
....hey have indeed done so. Looking at GE's 1996 Annual Report, Letter To Share Holders, the first phrase of the 14 page document was "In 1996, your Company had its best year ever." Companies such as GE spend millions if not billions of dollars per year to ensure they can include this nine-worded phrase in their Annual .... Part 2 of Paper
....ial future relies on it.
A CEO, in the case of GE, John F. Welch Jr. is faced with risk daily. It is his initial decision to change the direction of the Corporation whether for better or worst. The daily stock price and its fluctuations may reflect the amount of risk seen by investors however no matter how poorly a decision may be implemented the Corporation will always stand. A Corporation can never die, it can be merged, bought out or taken in to bankruptcy but it is not human, it cannot .... |
| Number of words: 555 - Approximate pages: 3 |
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