I need help with a company analysis and questions, General Electric (GE).
What strategies led GE's longevity? And, how GE survived for over 100 years?
What are some of the economic reasons for its success?
What is the GE's value and work at maintaining long-term relationships with its employees, customers, suppliers, other business partners and local communities?
Do old companies scored higher in every aspect of developing future leaders and successful business plannings?
It has to have at least two reliable sources and a brief synopsis please! Thanks.© BrainMass Inc. brainmass.com October 25, 2018, 8:34 am ad1c9bdddf
One of the primary strategies that have led to GE's longevity is the fact that GE focuses on providing high quality services on a continuous basis to its customers, as well as the fact of engaging in a continuous marketing campaign in which it's good to services are constantly within the public eye. The strategies that have led to GE's longevity and a survival for over 100 years have also included ensuring that the organization has always had leadership that was highly knowledgeable within this industry, has had a track record of high performance in leadership positions before being selected for leadership within GE, leadership that is respectful of staff member needs, is proactive and taking advantage of opportunities for the organization's advancement, and that is highly disciplined and organized. These strategies also include the willingness of the organization to consistently analyze the internal and external conditions that could have an effect on the organization, the development of a detailed plan of ...
Use a copy of the most recent annual report for General Electric. Then, use the information contained in the balance sheet and the income statement to answer the questions below in addition to discussing the changes in the dollar amounts reported in the current annual reporting period as compared to the previous annual reporting period.
The notes to the financial statements and any other relevant information in the annual report can be used to expand on the dollar amounts and the changes in these amounts presented in the financial statements. The answers to each question above must include mention of the financial statement (balance sheet, income statement, etc.) and any other information in the annual report that was used to answer the question.
a. What were the company's total current assets at the end of its most recent annual reporting period?
b. What were the company's total current assets at the end of the previous annual reporting period?
c. Are the assets included under the company's current assets listed in the proper order? Explain.
d. How are the company's assets classified?
e. What are cash equivalents?
f. What were the companies total current liabilities at the end of its most recent annual reporting period?
g.What were the companies total current liabilities at the end of the previous annual reporting period?