General Electric's CEO, Jeffrey Immelt, decided to refocus GE's portfolio of businesses and leverage the firm's core competency in industrial engineering while pursuing future-growth industries.The two industries that CEO Immelt had identified as major future-growth industries were the:
A) education and entertainment sectors.
B) clean-technology sector and health care sector.
C) capital finance and information technology sectors.
D) consumer electronics sector and hospitality sector.

Question

Quizplus · Accepted Answer

In Chapter Case 8, it has been discussed how Mr. Immelt decided to refocus GE's portfolio of businesses to reduce its exposure to capital markets and to achieve reliable and sustainable future growth by leveraging its core competency in industrial engineering. GE had identified the clean-technology sector and, more recently, health care as major future-growth industries.

General Electric's CEO, Jeffrey Immelt, Decided to Refocus GE's Portfolio