GE Performed Exceptionally Well Under Jack Welch, the Former CEO

question 107

Multiple Choice

GE performed exceptionally well under Jack Welch, the former CEO of GE. Jeffery Immelt, the new CEO, has made changes to the firm's corporate-level strategy and structure. His changes have been made even more difficult because GE is experiencing performance problems partly the result of the difficult economic climate. Immelt can expect

• A) a smooth transition to the new organizational strategy because of the organizational slack generated by Jack Welch.
• B) to replace the entire top management team because once individuals commit to a core ideology and an envisioned future, they are unlikely to change.
• C) some resistance by organizational stakeholders who are accustomed to Jack Welch and the high performance which he brought to GE.
• D) that he will inherit the "iconic aura" surrounding Jack Welch, which will give him credibility with GE's stakeholders.

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Definitions:

Operon

A group of genes in prokaryotes that are transcribed together and regulated by a single promoter and operator sequence, facilitating coordinated expression of genes with related functions.

Transcription

The process of copying a segment of DNA into RNA, particularly messenger RNA, paving the way for protein synthesis in cells.

Phosphorylation

A biochemical process that involves the addition of a phosphate group to a molecule, such as a protein, which can alter the molecule's function.

Post-Translational Modification

A biochemical process that occurs to a protein after it has been synthesized, altering its function.