Question: GE successfully chose to reduce costs and improve efficiency, while pulling out of businesses where it wasnt the number 1 or 2 player. What strategies

GE successfully chose to reduce costs and improve efficiency, while pulling out of businesses where it wasn’t the number 1 or 2 player. What strategies were being used here? As business conditions improve, and companies outsource more of their IT needs, what strategies are open to GE?

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GEs strategy of reducing costs and improving efficiency while exiting businesses where it wasnt a top player is often referred to as a portfolio management strategy In this approach a company focuses ... View full answer

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