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Topic: |
Business
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Number of pages / Number of words: |
10 / 2759 |
Essay's paper body
(Cowan, 130) This left room for improvement in the
market of refrigerators and led to the development of refined production techniques.
Production of refrigerators was on the rise but not produced on a large-scale until
1918 by Goss and Copeland called the Kelvinator company (Cowan, 131) and it was
about this time that General Electric became interested in entering the market...
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A man by
the name of A.R. Stevenson was hired to research the market. He found that 56
companies were involved in the business at the time, some of which were heavily
capitalized. Also at this time in 1923 the cheapest unit would have cost the consumer
$450 which was an rather large amount considering the $2000 average salary...
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General points of the essay
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