Since over half of GE's revenue is derived from financial services, it is arguably a financial company with a manufacturing arm. It is also one of the largest lenders in countries other than the United States, such as Japan. Even though the first wave of conglomerates (such as ITT Corporation, Ling-Temco-Vought, Tenneco, etc.) fell by the wayside by the mid-1980s, in the late 1990s, another wave (consisting of Westinghouse, Tyco, and others) tried and failed to emulate GE's success.[citation needed] COUNT 4
QSN1 What is the business source of the majority of GE's revenues? ANS1 financial services QSN2 Besides ITT Corporation, which two companies tried to emulate GE, but failed by the mid-1980's? ANS2 Ling-Temco-Vought, Tenneco QSN3 How much of GE's revenues is derived from the financial services it provides? ANS3 over half QSN4 In what other country besides the US does GE provide lending services? ANS4 Japan