Why Jeffrey Immelt Moved GE's Headquarters to Boston

The transcript discusses the company's relocation from Lexington Ave to Fairfield, CT, due to tax benefits and executive preferences. It contrasts the vibrancy of city life with the isolation of suburban life, emphasizing the importance of being in a city for business modernization and idea flow. The speaker praises Boston for its high-tech environment, good schools, and competitive spirit, which are beneficial for the company.

Why did the company initially move to Fairfield, CT?

• To access better transportation

• For better office space

• Due to tax benefits and executive locations

• To be closer to their customers

What does the speaker miss about being in a city?

• The large office space

• The quiet and peace

• The ability to see wildlife

• The vibrancy and flow of ideas

What was one of the reasons the speaker wanted to be in a city?

• To reduce commuting time

• To enjoy the suburban lifestyle

• To modernize the company

• To have a larger office

What is one characteristic of Boston that the speaker finds beneficial for a company?

• Its rural surroundings

• Its low cost of living

• Its competitive spirit

• Its relaxed atmosphere

Which aspect of Boston does the speaker appreciate?

• Its lack of competition

• Its high-tech environment and good schools

• Its isolation from other cities

• Its quiet neighborhoods