GE Is Getting Back to Work in China, CEO Culp Says

The transcript discusses the significant human and economic impacts of a global crisis, focusing on GE's response. It highlights the company's efforts in China, particularly in healthcare, where GE's equipment and personnel played a crucial role in virus containment. The economic effects on GE's aviation sector are examined, noting reduced flights and financial pressures. The transcript concludes with insights into recovery efforts and workforce status in China, where GE is gradually resuming operations.

What is one of the main drivers affecting the company's cash flow and profitability in the first quarter?

• Expansion in new markets

• Reduction in healthcare services

• Aviation sector impact

• Increased demand for new orders

How did the company contribute to the healthcare efforts in China during the crisis?

• By keeping factories open and running 24/7

• By providing financial aid to hospitals

• By closing factories during the Chinese New Year

• By reducing the production of CT scanners

What was the company's approach to handling the increased demand during the crisis?

• Increasing production hours

• Reducing workforce to cut costs

• Outsourcing production to other countries

• Focusing on new product development

What percentage of operational capacity have the company's facilities in China reached during the recovery phase?

• 85-90%

• 75-80%

• 60-70%

• 50-60%

What is a significant factor in the company's recovery process in China?

• Shifting focus to international markets

• Decreasing the number of employees

• Improvement in supplier return to work

• Opening new facilities in Wuhan