As Noted in the Chapter 6 Opening Case, GE Is

question 74

Multiple Choice

As noted in the Chapter 6 Opening Case, GE is now a major player in the "clean energy" industry such as wind turbines and solar power. A major reason GE moved in this direction was_____________________________.

• A) to narrow the focus of its portfolio around energy-relted industries.
• B) to overcome and correct its record in environmental issues.
• C) to further diversify its portfolio away from services.
• D) the clean energy industry was guaranteed to be profitable for the next severl years.

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Definitions:

Cycle Efficiency

A measure of the effectiveness of a process or system, typically referring to the ability to complete a cycle in a timely and cost-effective manner.

Cycle Time

The total time from the beginning to the end of a process, including processing time and any delays, often used in manufacturing and project management.

Conversion Rate

The percentage of users who take a desired action, often used in marketing to indicate the effectiveness of an advertising campaign or website design.

Conversion Costs

Costs incurred during the conversion of raw materials into finished goods, primarily comprising direct labor costs and manufacturing overhead.