Sunday, January 26, 2014

3M Company SWOT Analysis

3M CO (Minnesota Mining and Manufacturing) is a company that manufactures all everywhere the world, introducing new technologies and marketing a wide scope of products. It is typeset in the markets of healthc ar, industrial markets, markets of display and graphics, consumer and military post markets, safety, tribute and protective cover services, electronics, telecommunications and electrical and transportation. I will excite a deb wiz analysis of the company, discussing its major strengths, weaknesses, opportunities and threats, According to Reuters, one of the main strengths of 3M is significant intercompany co direct room in research, manufacturing and marketing of products. Enterprise uses many distribution channels to carry its products. They be sold directly to its users, and also through numerous wholesalers, retailers, jobbers, distributors and dealers worldwide. 3M owns 197 gross revenue subprograms in many countries of the world, 12 of which are in the Unite d States and 185 internationally. The 3M brands are the important strength of the company, as they are well-known and trusted all over the world. The company produces jumbo number of products in various areas, such as technology, office supplies, automotive, medical, and food services. Most of the brands are market leaders. Potential for revenue enhancement fruit is an important strength of 3M. Looking at the companys income narration we realise that the company has showed strong achievements in increasing the sales gaudiness with all seven crinkle segments, stimulating domineering local-currency addition globally. Operating income is one of the most important indicators of companys business performance. 3M has continually been improving its activity for the past two years, and finally its operation income reached the rate of 23.7% of sales in the second imbibe of 2004. sestet out of 3Ms seven business segments showed better operating income margins in the second quarte r of 2004 compared to the same period detai! n year.         Also, the company... If you indirect request to get a full essay, enact it on our website: BestEssayCheap.com

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