General Electric

General Electric

Introduction

According to Andersson (2003) meso-economics is the balance between the macroeconomics and micro economics. Microeconomics is concerned with the profitability of the individuals and the organizations working in a scarce environment, meanwhile macroeconomics is concerned with all the members of society and therefore is concerned with issues like inflation, interest rate, unemployment, GDP and etc. Meso economics try to eliminate the differences between these two types of economics and try to deal with the whole economy and take into consideration political and behavioral variables. General Electric is a multinational company of United States of America. The company uses innovation ...