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.

Question

Quizplus · Accepted Answer

As noted in the Chapter 6 Opening Case, GE had a poor record in environmental issues, particularly in relation to PCB contamination. Moving into the "clean energy" industry was seen as a way for the company to overcome and correct this record, while also taking advantage of a growing market for renewable energy sources.

As Noted in the Chapter 6 Opening Case, GE Is