Jack Welch, the Influential Business Leader Who Reshaped GE, Dies at 84

What was one of the major contributions of Jack Welch to General Electric?

• He dismantled the company into smaller units.

• He expanded GE into various businesses, including finance and media.

• He focused solely on aviation and power.

• He reduced the company's size significantly.

During Jack Welch's tenure, what was GE known for?

• Being a leading conglomerate with diverse business interests.

• Focusing only on the aviation industry.

• Being a small, specialized company.

• Avoiding any involvement in the financial sector.

What was a significant challenge GE faced after the financial crisis?

• It expanded further into new industries.

• It had to cut its dividend.

• It faced scrutiny for its media ventures.

• It had to increase its dividend.

What management philosophy was Jack Welch known for implementing at GE?

• Lean Manufacturing

• Six Sigma

• Total Quality Management

• Just-In-Time

What ironic outcome did GE face despite Jack Welch's focus on operational excellence?

• It focused too much on media ventures.

• It became overly diversified.

• It lost focus on day-to-day operations, leading to difficulties.

• It became too focused on day-to-day operations.