The Tungsram acquisition along with many opposite brisk holdings enabled GE to have a presence in Europe, gain a common image so it could get in new products more effectively into foreign markets and maintain lowly cost advantages in its production and R&D, which were already primed(p) in Hungary. However, the Tungsram acquisition had its share of problems for GE and many pricy changes were required to make it competitive and to attain higher lineament standards demanded in Western markets. There were also significant cultural, pract icable and organisational issues inherited b! y GE in the Tungsram acquisition, which contributed to strategic challenges in attempting to restructure its operations. However, the future is also uncertain with the impact of ontogeny competition from China in the area of manufacturing lighting. This is causing sterilize for GE and the management and...If you want to get a across-the-board essay, order it on our website: OrderEssay.net
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