3M Analysis

Date: Wednesday, June 03, 2009 SWOT Analysis of the 3M Corp.   3M Corporation History The largest maker in Minnesota, the 110th largest U.S. club overall, and a member of the Dow Jones 30, 3M phoner (known officially as Minnesota Mining and Manufacturing Company from its induction in 1902 until 2002) is Wall Streets epitome of high-tech/low-tech scrunch up and solid blue-chip performance. Its daunting inventory of some 50,000 products runs the gamut from Post-it Notes and frugal tape to transdermal patches of nitroglycerin and a prescription lam for treating genital warts. Its equally daunting global bird-scarer extends to subsidiary companies in more than 60 countries and markets in around 200, as well as net sales from world(prenominal) operations of $8.91 billion, or 55 percent of the companys total 2002 revenue. 3M owes its formidable efficiency to its unusual corporate culture, which comfortably fosters innovation and interdepartm ental cooperation, indorse by a massive research and suppuration budget, which typically exceeds $1 billion annually.

Because of this, 3M ranks as a attraction in--and in many cases a founder of--a number of valuable technologies, including pressure-sensitive tapes, sandpaper, preventive chemicals, micro flex circuits, reflective materials, and premium graphics. At the beginning of 2003, the company realigned into seven major business units: Consumer and force; demo and Graphics; Electro and Communications; Health Care; industrial; Safety, Security, and security department Services; and Transportation. The 3M Company (3M) is a diversified engineering! company which operates in electronics and telecommunications; industrial; consumer and office; healthcare; gumshoe; and former(a) markets. The company operates in the US; Europe, Middle eastern coupled States and Africa (EMEA); and Asia Pacific. It is headquartered in Saint Paul, Minnesota, and employs about 76,200 people. The company recorded revenues of $24,462 one thousand thousand during...If you want to get a full essay, order it on our website: BestEssayCheap.com

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