Assignment 3

General Electric Company (GE), a multinational corporation with employees over 300,000 people all over the world. In 1890, Thomas Edison established the Edison General Electric Co. that provided various business. It was combined with its competitor The Thomson-Houston Company in 1892 and renamed the company as General Electric Company (GE, 2018). Now GE provide broad products and serves customers all over the world in more than 100 countries. The diversified business of GE involved in power, aviation, healthcare, renewable energy, capital etc. In 2017, GE was ranked by Forbes the 13th largest corporation by revenues in the U.S (Forbes, 2018).

In the fast paced and fierce competitive society, how did GE outweigh others and make an outstanding performance? A successful multinational corporation must be good at strategic planning. Globalization has become one of the hottest issues in the world, meanwhile, a qualified corporation is that who can keep pace with the development of today’s world. There is no doubt that GE is one of the leaders from variety of global strategic corporations.