General Electric

Definition

General Electric is a multinational conglomerate corporation involved in various sectors including aviation, power, renewable energy, and healthcare. It exemplifies how companies evolve and expand their operations globally while innovating across different industries.

Related terms

Multinational Corporation: A company that operates in several countries but has its headquarters in one country.

Conglomerate: A corporation that owns a controlling stake in smaller companies of unrelated businesses.

Innovation: The process of translating an idea or invention into a good or service that creates value or for which customers will pay