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General Electric
GENERAL ELECTRIC (GE) is an American multinational conglomerate corporation incorporated in New York and headquartered in Boston, Massachusetts
Massachusetts
. As of 2016, the company operates through the following segments: Aviation , Current , Digital, Energy
Energy
Connections, Global Research , Healthcare , Lighting
Lighting
, Oil
Oil
and Gas , Power , Renewable Energy, Transportation , and Capital which cater to the needs of Financial services
Financial services
, Medical devices , Life Sciences
Life Sciences
, Pharmaceutical
Pharmaceutical
, Automotive
Automotive
, Software
Software
Development and Engineering industries. As of 2017, General Electric
General Electric
has the most patent assignments of all US-based corporations
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Lighting
LIGHTING or ILLUMINATION is the deliberate use of light to achieve a practical or aesthetic effect. Lighting
Lighting
includes the use of both artificial light sources like lamps and light fixtures, as well as natural illumination by capturing daylight . Daylighting (using windows, skylights, or light shelves) is sometimes used as the main source of light during daytime in buildings. This can save energy in place of using artificial lighting, which represents a major component of energy consumption in buildings. Proper lighting can enhance task performance, improve the appearance of an area, or have positive psychological effects on occupants. Indoor lighting is usually accomplished using light fixtures , and is a key part of interior design . Lighting
Lighting
can also be an intrinsic component of landscape projects
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Oil
An OIL is any neutral, nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (immiscible with water , literally "water fearing") and lipophilic (miscible with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and surface active . The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal , vegetable , or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil ), fuel (e.g., heating oil ), medical purposes (e.g., mineral oil ), lubrication (e.g. motor oil ), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents
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Software
COMPUTER SOFTWARE, or simply SOFTWARE, is a part of a computer system that consists of data or computer instructions, in contrast to the physical hardware from which the system is built. In computer science and software engineering , computer software is all information processed by computer systems , programs and data. Computer software includes computer programs , libraries and related non-executable data , such as online documentation or digital media . Computer hardware and software require each other and neither can be realistically used on its own. At the lowest level, executable code consists of machine language instructions specific to an individual processor —typically a central processing unit (CPU). A machine language consists of groups of binary values signifying processor instructions that change the state of the computer from its preceding state
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Health Care
HEALTH CARE or HEALTHCARE is the maintenance or improvement of health via the prevention , diagnosis , and treatment of disease , illness , injury , and other physical and mental impairments in human beings. Healthcare is delivered by health professionals (providers or practitioners) in allied health professions , physicians , physician associates, dentistry , midwifery , nursing , medicine , optometry , audiology , pharmacy , psychology , and other health professions . It includes the work done in providing primary care , secondary care , and tertiary care , as well as in public health . Access to health care may vary across countries, groups, and individuals, largely influenced by social and economic conditions as well as the health policies in place. Countries and jurisdictions have different policies and plans in relation to the personal and population-based health care goals within their societies
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Fuel Gas
FUEL GAS is any one of a number of fuels that under ordinary conditions are gaseous . Many fuel gases are composed of hydrocarbons (such as methane or propane ), hydrogen , carbon monoxide , or mixtures thereof. Such gases are sources of potential heat energy or light energy that can be readily transmitted and distributed through pipes from the point of origin directly to the place of consumption. Fuel
Fuel
gas is contrasted with liquid fuels and from solid fuels , though some fuel gases are liquefied for storage or transport. While their gaseous nature has advantages, avoiding the difficulty of transporting solid fuel and the dangers of spillage inherent in liquid fuels, it also has limitation. It is possible for a fuel gas to be undetected and collect in certain areas, leading to the risk of a gas explosion . For this reason, odorizers are added to most fuel gases so that they may be detected by a distinct smell
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Chairman
The CHAIRMAN (also CHAIRPERSON, CHAIRWOMAN or CHAIR) is the highest officer of an organized group such as a board , a committee , or a deliberative assembly . The person holding the office is typically elected or appointed by the members of the group. The chairman presides over meetings of the assembled group and conducts its business in an orderly fashion. When the group is not in session, the officer's duties often include acting as its head, its representative to the outside world and its spokesperson. In some organizations, this position is also called president (or other title), in others, where a board appoints a president (or other title), the two different terms are used for distinctly different positions
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Energy
In physics , ENERGY is the property that must be transferred to an object in order to perform work on or to heat the object. It can be converted in form , but not created or destroyed . The SI unit of energy is the joule , which is the energy transferred to an object by the mechanical work of moving it a distance of 1 metre against a force of 1 newton . Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object's position in a force field (gravitational , electric or magnetic ), the elastic energy stored by stretching solid objects, the chemical energy released when a fuel burns, the radiant energy carried by light, and the thermal energy due to an object's temperature . Mass
Mass
and energy are closely related
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Water
WATER is a transparent and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms . Its chemical formula is H2O, meaning that each of its molecules contains one oxygen and two hydrogen atoms that are connected by covalent bonds . Strictly speaking, water refers to the liquid state of a substance that prevails at standard ambient temperature and pressure ; but it often refers also to its solid state (ice ) or its gaseous state (steam or water vapor ). It also occurs in nature as snow, glaciers , ice packs and icebergs , clouds, fog , dew , aquifers , and atmospheric humidity . Water
Water
covers 71% of the Earth's surface. It is vital for all known forms of life
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Weapon
A WEAPON, ARM, or ARMAMENT is any device used with intent to inflict damage or harm to living beings, structures, or systems. Weapons are used to increase the efficacy and efficiency of activities such as hunting , crime , law enforcement , self-defense , and warfare . In a broader context, weapons may be construed to include anything used to gain a strategic, material or mental advantage over an adversary. While just about any ordinary objects such as sticks, stones, cars, or pencils can be used as weapons, many are expressly designed for the purpose – ranging from simple implements such as clubs , swords and guns , to complicated modern intercontinental ballistic missiles , biological and cyberweapons . Something that has been re-purposed, converted, or enhanced to become a weapon of war is termed WEAPONIZED, such as a weaponized virus or weaponized lasers
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Asset
In financial accounting , an ASSET is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business . One can classify assets into two major asset classes: tangible assets and intangible assets . Tangible assets contain various subclasses, including current assets and fixed assets . Current assets include inventory , while fixed assets include such items as buildings and equipment . Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace
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Equity (finance)
In accounting , EQUITY (or OWNER\'S EQUITY) is the difference between the value of the assets and the value of the liabilities of something owed. It is governed by the following equation: Equity = Assets Liabilities {displaystyle {text{Equity}}={text{Assets}}-{text{Liabilities}}} For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceeds assets. SHAREHOLDERS\' EQUITY (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock . Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to the capital stock of a corporation . The value of the stock depends on the corporation's future economic prospects
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Subsidiary
A SUBSIDIARY, SUBSIDIARY COMPANY or DAUGHTER COMPANY is a company that is owned or controlled by another company, which is called the parent company , parent, or holding company . The subsidiary can be a company, corporation , or limited liability company . In some cases it is a government or state-owned enterprise . In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints . In the United States railroad industry, an OPERATING SUBSIDIARY is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock . In contrast, a NON-OPERATING SUBSIDIARY would exist on paper only (i.e., stocks, bonds, articles of incorporation) and would use the identity of the parent company . Subsidiaries are a common feature of business life, and most multinational corporations organize their operations in this way
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Net Income
In business , NET INCOME (TOTAL COMPREHENSIVE INCOME, NET EARNINGS, NET PROFIT, informally, BOTTOM LINE) is an entity's income minus cost of goods sold , expenses and taxes for an accounting period . It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders\' equity that results from a company's operations. In the context of the presentation of financial statements , the IFRS Foundation defines net income as synonymous with PROFIT AND LOSS. Net income
Net income
is a distinct accounting concept from profit but the same as net profit. Net income
Net income
can also be calculated by adding a company's operating income to non-operating income and then subtracting off taxes
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Earnings Before Interest And Taxes
In accounting and finance, EARNINGS BEFORE INTEREST AND TAXES (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income , OPERATING INCOME is sometimes used as a synonym for EBIT and operating profit . EBIT = revenue – operating expenses (OPEX) Operating income = revenue – operating expenses A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout ) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA ) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g. the cost of goods sold , selling and administrative expenses) are subtracted from revenues
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Wind Turbine
A WIND TURBINE is a device that converts the wind's kinetic energy into electrical power . Wind turbines are manufactured in a wide range of vertical and horizontal axis types. The smallest turbines are used for applications such as battery charging for auxiliary power for boats or caravans or to power traffic warning signs. Slightly larger turbines can be used for making contributions to a domestic power supply while selling unused power back to the utility supplier via the electrical grid . Arrays of large turbines, known as wind farms , are becoming an increasingly important source of intermittent renewable energy and are used by many countries as part of a strategy to reduce their reliance on fossil fuels
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