Increase in urban consumption is also emphasis. Consumption rate is drastically improved and future structures are under planning.
General Electric Company or GE is a multinational company in New York, headquarter is in Fairfield. Company is providing their services in four major sectors. These sectors are Energy, Industry, Technology setup, Capital Finance and last but not least are Consumer.
According to Fortune ranking, GE in 2011 is the sixth largest organization is US and also ranked on 14th position for the most profitable setup. The other ranking of 2011 are Interbrand ranked them on 5thfor best global brand, Newsweek gives them 82nd position for green company, Fortune gives them a title of most admired one and kept them on 13th rank and Fast Company rate them as 19th rank in innovative company.
In 1890, Edison General Electric Company comes in market by the owner Thomas Edison. In the same year Charles Coffin also host the flag for Thomson-Houston Electric Company. The increase in number of competitor introduces new patterns and strategies. In 1892 the merger of both companies, Thomson-Houston Electric Company and Edison General Electric give the emergence to General Electric. The integration of company takes place in city of New York. Canadian General Electric also came in to being in same era (Shim and Siegel, 2008).
The future plans of GE are to introduce new appliances and technology which reduce the consumption of energy. Energy refers to electricity. Global Research section of GE makes management strategies to control the use of electricity by consumers in home and industry sectors. Many of the research programs want to help the customers globally and face all the challenges gifted by environment.
We can consider any home having multiple electric appliances like washing machines, microwaves, refrigerators, air conditioners and other are working simultaneously will affect the power consummation on overall basis. ...Show more