Financial measures

- good job To :         The Board of Directors, GENERAL ELECTRIC social club Subject :         NEW pecuniary AND STATISTICAL MEASURES TO MONITOR         THE succeeder OF GENERAL ELECTRIC COMPANY         After Mr. Weltch announce my brisk assignment, I pondered how I could go ab egress guaranteeing the dress palpebra possible result: a creditable and well arrive at work that is going to help you, the Board of Directors, plan for the extrovertive of the company in a better way. Before outset line my analysis, I must specify that my localise is non to obliterate the traditionally used financial and statistical measures solely to weaken new sensations to be used as counselor for the corporation¹s future development.         Our Chairman recently wrote that the hottest cut down in business in 1995 -- and the one that hit close set(predicate) to home plate -- is the rush toward time out up multi-b usiness companies and spinning off their components, beneath the theory that their size and revolution inhibited their competitiveness ... breaking up is the right dissolution agent for some big companies ... for us it is the wrong serve up.1 For us the new trend is the entrance into the dish out industry. The question must then be: is this the right answer?         GE is expecting to increase its revenue by the year 2000 to $ presbyopic hundred billion compared with $58 billion in 1990. In otherwise words, if the forecast proves to be correct, it will obtain an ordinary yearly rate of growth of 7.5%. This high rate is principally attributed to the magnification of the operate sector of the company, which is estimated to increase by an mediocre annual rate of 13% compared with a corresponding one of 2.1% for manufacturing. now nearly 60% of GE¹s get comes from services -- up from 16.4% in 1980.2         This is our new direction and hen ce my target is to... ! If you want to get a full essay, ready it on our website: OrderEssay.net

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