welcome to watchmojo.com I’m your host – Ken and today we take a look at one of
Ken and today we take a look at one of
Ken and today we take a look at one of the most successful companies ever
the most successful companies ever
the most successful companies ever General Electric now ge can trace its
General Electric now ge can trace its
General Electric now ge can trace its roots back to 1876 when Thomas Edison
roots back to 1876 when Thomas Edison
roots back to 1876 when Thomas Edison set up a lab in New Jersey by 1890 he
set up a lab in New Jersey by 1890 he
set up a lab in New Jersey by 1890 he set up the Edison General Electric
set up the Edison General Electric
set up the Edison General Electric Company to bundle all of the different
Company to bundle all of the different
Company to bundle all of the different patents and discoveries that he was
patents and discoveries that he was
patents and discoveries that he was making in fact Edison is known to be one
making in fact Edison is known to be one
making in fact Edison is known to be one of the most prolific inventors of all
of the most prolific inventors of all
of the most prolific inventors of all time with over eleven hundred patents in
time with over eleven hundred patents in
time with over eleven hundred patents in the u.s. Germany France and the UK but
the u.s. Germany France and the UK but
the u.s. Germany France and the UK but of course he’s known for his most
of course he’s known for his most
of course he’s known for his most popular invention of all time the light
popular invention of all time the light
popular invention of all time the light bulb General Electric was officially
bulb General Electric was officially
bulb General Electric was officially baptized in 1892 when financier JP
baptized in 1892 when financier JP
baptized in 1892 when financier JP Morgan orchestrated a merger with the
Morgan orchestrated a merger with the
Morgan orchestrated a merger with the Thomas Houston Electric Company and by
Thomas Houston Electric Company and by
Thomas Houston Electric Company and by 1896 ge was one of the first twelve
1896 ge was one of the first twelve
1896 ge was one of the first twelve companies listed on the New York Stock
companies listed on the New York Stock
companies listed on the New York Stock Exchange by 1919 ge got its first flavor
Exchange by 1919 ge got its first flavor
Exchange by 1919 ge got its first flavor for media by sending up the Radio
for media by sending up the Radio
for media by sending up the Radio Corporation of America or RCA to develop
Corporation of America or RCA to develop
Corporation of America or RCA to develop and commercialize international radio by
and commercialize international radio by
and commercialize international radio by the 1960s there were more and more
the 1960s there were more and more
the 1960s there were more and more relaxed tax laws in the US by then GE
relaxed tax laws in the US by then GE
relaxed tax laws in the US by then GE had become one of the first
had become one of the first
had become one of the first conglomerates before the term was even
conglomerates before the term was even
conglomerates before the term was even coined ge today is a multinational
coined ge today is a multinational
coined ge today is a multinational conglomerate with its world headquarters
conglomerate with its world headquarters
conglomerate with its world headquarters in Fairfield Connecticut it’s New York
in Fairfield Connecticut it’s New York
in Fairfield Connecticut it’s New York offices are obviously in the Rockefeller
offices are obviously in the Rockefeller
offices are obviously in the Rockefeller Center prominently known as the GE
Center prominently known as the GE
Center prominently known as the GE building which has the famous GE logo on
building which has the famous GE logo on
building which has the famous GE logo on top like most successful corporations G
top like most successful corporations G
top like most successful corporations G is at its fair share of criticism and
is at its fair share of criticism and
is at its fair share of criticism and even face legal action in 1990 ge was
even face legal action in 1990 ge was
even face legal action in 1990 ge was convicted of defrauding the US
convicted of defrauding the US
convicted of defrauding the US Department of Defense in 1992 was
Department of Defense in 1992 was
Department of Defense in 1992 was charged with corrupt practices in the
charged with corrupt practices in the
charged with corrupt practices in the sale of jet engines to Israel but wait
sale of jet engines to Israel but wait
sale of jet engines to Israel but wait there’s more in addition to its defense
there’s more in addition to its defense
there’s more in addition to its defense related side it’s also face charges of
related side it’s also face charges of
related side it’s also face charges of pollution of air and water in fact G is
pollution of air and water in fact G is
pollution of air and water in fact G is listed as the fourth largest corporate
listed as the fourth largest corporate
listed as the fourth largest corporate producer of air pollution in the US with
producer of air pollution in the US with
producer of air pollution in the US with more than 4.4 million pounds per year of
more than 4.4 million pounds per year of
more than 4.4 million pounds per year of toxic chemicals released into the air
toxic chemicals released into the air
toxic chemicals released into the air ge has one of the most powerful brands
ge has one of the most powerful brands
ge has one of the most powerful brands in the world with brand equity measured
in the world with brand equity measured
in the world with brand equity measured at almost 50 billion dollars but since
at almost 50 billion dollars but since
at almost 50 billion dollars but since GE gets over half of its revenue from
GE gets over half of its revenue from
GE gets over half of its revenue from its financial arm many simply call it a
its financial arm many simply call it a
its financial arm many simply call it a financial company with a manufacturing
financial company with a manufacturing
financial company with a manufacturing arm General Electric has become
arm General Electric has become
arm General Electric has become synonymous with developing some of the
synonymous with developing some of the
synonymous with developing some of the most top-rated executives around the
most top-rated executives around the
most top-rated executives around the world and that’s why ge is consistently
world and that’s why ge is consistently
world and that’s why ge is consistently ranked by both Forbes fortune and many
ranked by both Forbes fortune and many
ranked by both Forbes fortune and many others as one of the most admired
others as one of the most admired
others as one of the most admired companies
companies
companies in the world
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