Glossary entry (derived from question below)
English term or phrase:
both mix and geographical scope
English answer:
mix of products/industries and places in the world
Added to glossary by
David Russi
Aug 16, 2009 04:33
14 yrs ago
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English term
both mix and geographical scope
English
Bus/Financial
Investment / Securities
Some problem areas remained, like in finance where the company was trying to shift from some potential trouble spots such as consumer credit cards, but even GE�s finance division was strong top to bottom, especially considering the environment. The company routinely applied a stress test to its lending group, determining how a sudden rise of a point or two in interest rates would affect business. And GE Capital was well diversified in terms of both mix and geographical scope so that the impending downturn was not expected to cause any severe internal pain.
Change log
Aug 16, 2009 04:33: changed "Kudoz queue" from "In queue" to "Public"
Aug 17, 2009 03:48: David Russi Created KOG entry
Responses
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20 mins
Selected
mix of products/industries and places in the world
because GE is involved in many different endeavors (mix) in many places around the world (geographical scope ), it is unlikely that every aspect of the company in every geographical location will suffer.
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22 mins
a blend of diverse elements and geographical scope
Mix here means a blend of diverse elements.
The meaning of the sentence is that GE Capital was distributed among different companies or securities in order to limit losses in the event of a fall in a particular market or industry in terms of a blend of diverse elements and geographical scope so that the downturn that could occur will not cause any severe internal pain.
http://www.thefreedictionary.com/mix
The meaning of the sentence is that GE Capital was distributed among different companies or securities in order to limit losses in the event of a fall in a particular market or industry in terms of a blend of diverse elements and geographical scope so that the downturn that could occur will not cause any severe internal pain.
http://www.thefreedictionary.com/mix
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