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Essay / Research Paper Abstract
This 11 page paper gives a comprehensive overview of the US firm General Electric. The paper starts by looking at the history of the company starting with is origins in the nineteenth century and history of innovation bring many products to market. The strategic developments within the firm the reorganization, current structure and areas of interest are all discussed. The bibliography cites 6 sources.
Page Count:
11 pages (~225 words per page)
File: TS14_TEGEc101.doc
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Unformatted sample text from the term paper:
research and development team currently carrying more than 2,370 patents (GE, 2011; 2010), it may be argued that the firm come a long way from the more humble, but still
ambiguous and innovative origins. To examine the company and appreciated current position it is necessary to start with history, which not only provides a foundation for the company,
many of the values and attitudes which are found in the current day. General Electric has its foundation the work of Thomas Edison. In 1876 Thomas Edison opened a laboratory
in New Jersey at Menlo Park, this was established in order to undertake research into electrical devices and their potential following working he had seen in Philadelphia at the Centennial
Exposition (GE, 2011). It was from this laboratory that the incandescent electric lamp was created (GE, 2011). In order to bring what is different is interest together Edison created the
Edison General Electric Co. in 1890; however he was also facing competition. A competitor company; The Thomas Houston Company was founded at the same time, and managed to grow to
dominance as a result of a number of different mergers under the guidance of Charles A Coffin (GE, 2011). Both Edisons and Coffins companies expanded, but it soon became
apparent that it would be difficult for either company to the alone, relying only on a patents and technologies. In order to repeat effectively the two companies merged in 1892,
with the post merger company being called the General Electric Company (GE, 2011). The company was strength to strength, based on innovation development of commercially viable products. In 1895 the
worlds largest electric locomotive weighing 90 tons and in 1896 utilizing the already discovered technology x-rays, Elihu Thomas developed a commercial x-ray machine the utilized for x-ray the human body,
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