Final answer:
General Electric's decision to sell its medical equipment and focus solely on aviation is an example of focus, where the company concentrates its resources and efforts in a specific area of business in order to achieve a competitive advantage.
Step-by-step explanation:
The decision made by General Electric to sell its medical equipment and solely operate in aviation is an example of focus.
Focus refers to the strategic decision to concentrate resources and efforts on a specific area of business in order to achieve a competitive advantage. In this case, General Electric is focusing on its aviation division by divesting its medical equipment business. By doing so, the company can allocate more resources, such as funding and expertise, to enhance its position in the aviation industry.
This decision allows General Electric to streamline its operations and take advantage of economies of scale in the aviation sector, potentially leading to increased profitability and market share.