General Electric

2. universal Electric uses a multifaceted progress to answer make them one of the industries leaders in railway locomotive production. This approach includes options both financially and managerially. Financially General Electric has invested $50 million in unused engine technology, with an additional $1.2 gazillion to $1.4 billion being required to help them bring new engine designs to the fore expect. General Electric has also received a $20 million grant from NASA in order for them to crap the first tester UDF engine. General Electrics Aircraft locomotive Business Group (AEBG) manages the production of GEs engine technology. AEBG has successfully put together a list of resources including Boeing, McDonnell Douglas, and others in an attempt to put their engine group at the front of the market. According to industry segmentation models, General Electrics AEBG occupies around $4.7 billion in revenue sales. Using the segmentation model it is also clear that AEBGs profitability is cyberspace yearly earnings of $381 thousand. In order to develop a good product, AEBG spends a lot of time making indisput fit that the area of research and development is given close attention.

AEBG invested 20% of its total revenue in company funded research and development, which is a high amount, even in the high technology domain of aircraft engines. To properly develop the new UDF engine, General Electric give have to spend $1.2 billion to $1.5 billion. This is after an initial coronation of $50 million. General Electric will be able to use their AEBG division as a vital resource in making the UDF engine a real possibility. GE will also take advantage of their current relationships with major companies like NASA, Boeing, and McDonnell Douglas to help with the production and development of their new UDF engine. General Electric can afford this venture if it sells well luxuriant early to overcome the initial investment. In order to successfully do this 400 aircraft would have to be sold deep down the first... If you want to get a full essay, order it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .