GE Business Ethics Compliance

Essay by prncss001University, Ph.D.B+, October 2008

download word file, 7 pages 3.0

Factors: Internal and External functions of ManagementGE has been in business since the year 1890, when the company began operating under Thomas Alva Edison (inventor of the incandescent light bulb). Since then GE has grown and matured as one of the greatest multi- innovator firms in business history, in addition GE has become an international company expanding its products and services around the world. The GE Company is a wonderful example of how external and internal factors like globalization, technology, innovation, diversity, and ethics at national and international level will impact the way GE managers operate and comply with ethical and compliance issues.

GE has established its business in 59 countries in all five continents of the world; in addition they keep innovating with products and services which adapt to the specific needs of other countries. GE web site illustrates its business expanding with an example of the contract obtained with the Saudi Arabian electric company.

GE will provide 19 GE frame 7FA gas turbine generators which will be used to provide electric energy to different territories of the Saudi population. In addition GE will offer, "Technical advisory services, customer on-site training and performance testing" (General Electric Web Site, 2007). Therefore, the four functions of management -planning, organizing, leading, and controlling- will have their individual impacts due to GE's globalization. GE uses their globalization to expand their ethics to others and in providing economic growth to other countries. GE will need to continue to plan and develop a team compose of Saudi Arabian electric company managers and GE managers, coming to understand the differences in the US and Saudi Arabian vision and strategies that might be a barrier to achieve GE's goals. In organizing human force and information GE will be in the most part from Saudi Arabia, so managers...