The General Electric Company, often criticized for the complexity of its structure and the resulting opacity of its numbers, said yesterday that it would break GE Capital, by far its largest business, into four businesses. The reorganization effectively eliminates the job of Denis J. Nayden, 48, the chairman of GE Capital. Each of the new units will have its own chief, who Will report directly to Jeffrey R. Immelt, G. E.s chairman. The reason for doing this is simple. I want more direct contact with the financial services teams, Mr. Immelt said.
The new businesses are GE Commercial Finance, GE Insurance, SE Consumer Finance and GE Equipment Management. Some support functions within GE Capital, including risk management and treasury, will now report to Dennis Dammerman, 57, a G. E. vice chairman who preceded Mr. Nayden as GE Capitals chlef. Mr, Nayden will remain at G. E. as an adviser for now, but is expected to leave shortly to start a financial services firm.
Mr. Dammerman insisted that the reorganization had nothing to do with the increasing clamor from investors, regulators and the news media for greater transparency in accounting and for chief executives to take more responsibility for businesses: Analysts seem to believe him. This is just what it appears to be, a managerial, reorganization which gives leaders more direct access to the office of the chairman, said Martin A. Sankey, a G. E. analyst.
The executives leading the new units will also sit on G.. E. s corporate executive council, a committee made up of the companys top 25 executives, which meets periodically and discusses various strategic and management issues.
GE Capital, the companys largest nit, provided $55 billion of G. E. s $124 billion in revenue last year and $ 5.6 billion of its $19.7 billion in pretax profits. The rest of G. E. had been divided into 11 other businesses, many of them--lighting and appliances are examples-much smaller than the new GE Capital units, yet each run by someone who reports directly to the chairman. Mr. Dammermn said that Mr. Immelt began talking about breaking GE Capital into more manageable pieces as soon as he took over as chief executive last September. Jeff didnt like the extra layer between him and the GE Capital businesses,
G. E. has tried to make GE Capital less mysterious to the outside world. Although GE Capital was officially one unit, it had begun to report quarterly results in live product-related segments--a number that will be reduced to four with the new organization. And analysts say GE Capitals management has been more accessible than it was in past years, and that Mr. Immelt and other G. E. corporate executives have been willing to discuss GE Capital in more depth.
57. After the reorganization, GE will have altogether ______.
A) six businesses B) sixteen businesses C) four businesses . D) fifteen businesses
58. Which of the following statements is NOT true of Dennis Dammerman?
A) He is now a GEs vice chairman. B) He is expected to leave GE to start a new financial services firm.
C) He was once the chairman of GE Capital. D) He regards the reorganization of GE as an initiative of its own.
59. All the following statements are False of Denis Nayden EXCEPT that ______.
A) the reorganization makes him lose his position as a chairman B) he will remain for some time at GE as an analyst
C) he is currently GEs chairman D) he is expected to start a new GE financial firm in the near future
60. The reorganization will enable GEs chief executive to ______.
A) quiet down the unrest in the world B) work in a more friendly business environment
C) have more direct contact with GEs financial services teams D) appear less mysterious to the outside world
61. The General Electric Capital ______.
A) is divided into five product-related segments now B) provided more than 1/3 of GEs revenue last year
C) is going to be broken into more businesses D) now has smaller units than all other businesses in GE
答案: DBACB
中考英语知识点:中考英语语法讲解资料及练习---考前指导
中考英语复习资料:中考英语真题单项选择之介词1
中考英语复习资料:中考英语真题单项选择之副词6
中考英语知识点:中考英语真题单项选择之形容词3
中考英语知识点:中考英语真题单项选择之副词4
中考英语知识点:中考英语真题单项选择之形容词7
中考英语知识点:中考英语真题单项选择之副词1
中考英语知识点:中考英语真题单项选择之名词3
中考英语知识点:中考冲刺英语专练第三讲
中考英语复习资料:中考英语选词填空题目汇编5
中考英语复习资料:关键句型全总结 37表示始建于…的句型
中考英语知识点:中考英语语法讲解资料及练习---名词
中考英语知识点:中考英语词汇与语法强化训练17
中考英语复习资料:中考英语试题单项选择之动词时态1
中考英语复习资料:中考英语试题单项选择之连词4
中考英语复习资料:中考英语重点短语8
中考英语知识点:历届中考英语高频语法点250例2
中考英语知识点:中考英语真题单项选择之副词2
中考英语复习资料:中考英语真题单项选择之冠词3
中考英语复习资料:中考英语试题单项选择之连词5
中考英语复习资料:中考冲刺英语专练第七讲
中考英语知识点:中考英语真题单项选择之冠词2
中考英语复习资料:中考英语词汇与语法强化训练1
中考英语知识点:关键句型全总结---击败某人的句型
中考英语复习资料:关键句型全总结---忙着做某事
中考英语知识点:中考英语真题单项选择之代词4
中考英语知识点:中考英语试题单项选择之情景交际5
中考英语知识点:中考冲刺英语专练第十三讲
中考英语复习资料:中考英语试题单项选择之宾语从句8
中考英语复习资料:中考英语试题单项选择之动词时态5
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |