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Has General Electric Conquered Beginning of Paper the business cycle? According to the companies past three financial statements it appeared as if they have indeed done so. Looking at GE's 1996 Annual Report, Letter To Share Holders, the first phrase of the 14 page document was "In 1996, your Company had its best year ever." Comp .... Middle of Paper .... of business opponents it also reinforces the fact why Corporations must always do well. Understanding this concept explains why a conglomerate corporation such as General Electric would want to ensure that its figurers are in line with expectations because its financial future relies on it. A CEO, in the case of GE, John F. Welch Jr. is faced with risk daily. It is his initial decision to change the direction of the Corporation whether for better or worst. The daily stock price and its fluctuations may reflect the amount of ris .... 555 words | 3 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95