MBA 700: Strategic Analysis Final Project Guidelines and Grading Guide Overview The final project for this course requires students to use concepts from each module, answer questions about their...

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Answered Same DayDec 19, 2019MBA 700

Answer To: MBA 700: Strategic Analysis Final Project Guidelines and Grading Guide Overview The final project...

David answered on Dec 24 2019
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General Electric: Strategic Analysis – Milestone 3
Course Name
Date
RUNNING HEAD: GENERAL ELECTIC: STRATEGIC ANALSIS            1
General Electric: Competitve analysis
General Electric
General Electric is a gl
obal digital industrial company which is working in different sectors and is considered as one of the most diversified company because of its diverse product and service range.
Strengthening Competitive Position
    The competitive strategy that is followed by the company is its diversified portfolio with a strong focus on research and development and innovation. With its stand in the diversified field, the company has been able to have a strong stand and the position in the market. With its core in the industrial business which is its traditional strength and the scope of expansion, gives the company a major competitive position in the market.
    The company has a strong emphasis on the portfolio, innovation, globalization, strategic focus and the organizational structure and design.
One of the biggest strategy that the company works on is Innovation. The company has been able to remain profitable and has been able to provide innovative solutions to its customers by emphasizing on innovation. With its innovation strategies and strong focus on research and development, the company has been able to attain competitive edge.
Strategy
Considering the case of General Electric, we can say that the company has been able to emphasize on offensive strategy. With its focus on innovation and acquisition and mergers, the company emphasize on gaining the market position to avoid direct competition. The company emphasizes on finding new growth platforms and focus on the growth potential of those platforms and build a strong strategic position.
For this, Immelt has always emphasized on new technologies throughout the organization which repositions GE as the technical and market leader in the market. The company also emphasizes on identifying promising projects that offer attractive growth potential.
The company emphasize on offensive...
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