Established by inventor Thomas Edison in 1892, the General Electric Company is a multinational corporation headquartered in Fairfield, Connecticut, although the company's main offices are located in the iconic building 30 Rockefeller Plaza in New York City. The fact that GE's headquarters is located in such a famous location gives us an idea of the public image this company has built over the last 120 years. Today, General Electric is made up of five large business entities; Capital Finance, Consumer & Industrial, Energy Infrastructure, Technology and Infrastructure. Together, these "companies" employ more than 300,000 people worldwide. GE has been present in the Dow Jones Industrial Average since its inception in 1896 and its stock is the most popular in the world. All of this is to say that General Electric is a very large and well-established multinational corporation with a large number of stakeholders. This extraordinary growth could not have occurred without a strong commitment to consumers, whose investment and support have enabled General Electric to absorb, support and grow such a variety of businesses. The general public and government view of General Electric's takeover and control of entire industries threatened to overshadow the game-changing innovations the company was creating. The US government appealed antitrust laws, and as such, the company was forced out of the power generation business in 1924. Fifteen years later, GE was forced to release the patents on its fluorescent light bulb and sell its interests in the RCA radio company under the same monopoly charges. General Electric and the government later quickly made amends due to GE's specialization in nuclear and jet engines... middle of paper... an-up orders and that any negative consequences of the order were not caused by the order itself , but by the market's reactions to it. The Supreme Court decision and its negative effect on public relations were not ignored by General Electric. In light of these recent events and the possibility of negative fallout, GE has publicly acknowledged that scientific understanding and regulations have changed significantly over the past 130 years of operations. They also say they must address "legacy" environmental issues that the company has been a part of over the past century. General Electric is a company that has proven that it is not afraid to tackle some of the toughest problems facing the world. faces. They have demonstrated that they are a company committed to a forward-thinking business model, without ignoring the company's past.
tags