GE and Immelt

Essay specific features

 

Issue:

Business

 

Written by:

Stephen M

 

Date added:

December 15, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2323

 

Was viewed:

4054 times

 

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Essay content:

Out of the laboratory came arguably the most famous invention of all?a practical incandescent electric lamp. By 1890, Edison had organized his various businesses into the Edison General Electric Company. In 1879, Elihu Thomson and Edwin J. Houston formed the rival Thomson-Houston Electric Company. It merged with various companies and was later led by Charles A...
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It merged with various companies and was later led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. Mergers with competitors and the patent rights owned by each company made them dominant in the electrical industry. As businesses expanded, it became increasingly difficult for either company to produce complete electrical installations relying solely on their own technology...
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