3M Analysis

Date: Wednesday, June 03, 2009 SWOT Analysis of the 3M Corp.   3M Corporation History The largest manufacturer in Minnesota, the 110th largest U.S. social club overall, and a member of the Dow Jones 30, 3M company (known officially as Minnesota Mining and Manufacturing Company from its institution in 1902 until 2002) is Wall Streets epitome of high-tech/low-tech seam and solid blue-chip performance. Its daunting inventory of some 50,000 products runs the gamut from Post-it Notes and scotch tape to transdermal patches of nitroglycerin and a prescription whip for treating genital warts. Its equally daunting global present extends to subsidiary companies in more than 60 countries and markets in virtually 200, as well as net sales from world(prenominal) trading operations of $8.91 billion, or 55 percent of the companys total 2002 revenue. 3M owes its formidable strong point to its unusual corporate culture, which comfortably fosters innov ation and interdepartmental cooperation, support 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, cautionary chemicals, micro flex circuits, reflective materials, and premium graphics. At the extraction of 2003, the company realigned into seven major business units: Consumer and force; debunk and Graphics; Electro and Communications; Health Care; industrial; Safety, Security, and justification Services; and Tra nsportation. The 3M Company (3M) is a dive! rsified engineering company which operates in electronics and telecommunications; industrial; consumer and office; healthcare; gumshoe; and early(a) markets. The company operates in the US; Europe, Middle eastern join 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 meg during...If you want to get a full essay, order it on our website: BestEssayCheap.com

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