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Financial Management: Focusing on General Electric Financial management is the most important item to be focused on within a corporation
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Financial Management: Focusing on General Electric Carla Demming Mindy Halley Kisha Merrell Parrish Monk Sara Wayson University of Phoenix FIN 554 Finance for Managerial Decision Making Mr. John Sontheimer May 17, 2005 Financial Management: Focusing on General Electric Financial management is the most important item to be focused on within a corporation. If it is disregarded, the company will ultimately fail. General Electric is no different. General Electric provides a mass variety of products such as: household appliances, plastics, water treatment systems, lighting, medical equipment, nuclear reactors, and aircraft engines and provides commercial financial services as well as investing in different real estate holdings (www.ge.com, 2005). GE is one of the world's top three producers of jet engines, supplying Boeing and Lockheed Martin (www.ge.com, 2005). As with any major Fortune 500 company, effective and efficient financial management is essential. Financial management is not only managing the finances of an organization, but also working capital, mergers and acquisitions, and risk management....
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