GLOBALIZATION AT GENERAL ELECTRIC Essay

1.Why do you see GE has invested so acutely in foreign expansion? What opportunities is it trying to exploit?I call in GE acted so aggressively because they saw a great fortune to expand the beau monde and if they didnt do so, another play along would deport grabbed the opportunity and purchase the companies that were in trouble. In order for a company to grow at a rapid pace, it would have to take all over other companies that are in financial jeopardy. Going international allowed the company to reach millions of new customers. The opportunities that they are trying to exploit are (1) the stintingal weakness in certain parts of the world with the necessitate of invest to the region, but in fact to acquiring companies, (1) to take advantage of economic uncertainty caused by the currency market collapse for the aim of get or acquiring companies, (3) to help in process of development in under develop areas with the aim of profiting from it later2.What is GE trying to gain by moving some of the headquarters of its global businesses to foreign locations? How susceptibility such moves benefit the company? Do these moves benefit the Unites States? GE potently believes that to succeed internationally, it must be close to its customers. Thats why it builds or transfers its headquarters abroad. The company top executive benefit from more attractive location, measure advantages, Lower wages, surface-educated labor force, Costs reduction, Industry of specialization, Foreign regime invitation, Good infrastructure.The USA can benefit from good reputation of American companies, can establish diplomatic relationship with foreign counties, there might be a potential influence on Gross subject Product (GNP).3.What is the goal behind trying to internationalize these ranks? What do you think it means to internationalize these ranks?The goal behind internationalization is to get finisher to its customers and have better companionship of the topical anesthetic market, local culture and speech communication of the country that they are doing business. Internationalize is the integration of the local market knowledge and application of cultural sensitivity approach through engaging their local managers in the managerial decision-making process.4.What does the GE example tell you about the temperament of true global business?GEs example tells us that the true global business is a business that is headquartered locally (in overseas) for the aim of getting closer to its customers. It exploits their local market knowledge as well as their local culture and language knowledge.