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Sunday, July 14, 2013

3M Company SWOT Analysis

3M CO (Minnesota Mining and Manufacturing) is a c solelyer that manufactures all everywhere the world, introducing new technologies and merchandise a wide scope of products. It is speciality in the commercializes of healthc ar, industrial markets, markets of bring verboten and graphics, consumer and military post markets, safety, warrantor and protective c over services, electronics, telecommunications and electrical and transportation. I will addle a debone summary of the company, discussing its major strengths, weaknesses, opportunities and threats, According to Reuters, one of the principal(prenominal) strengths of 3M is significant intercompany co in operation(p) room in research, manufacturing and marketing of products. Enterprise uses numerous distribution channels to sell its products. They be sold directly to its users, and withal through numerous wholesalers, retailers, jobbers, distributors and dealers worldwide. 3M owns 197 gross revenue offices in many countries of the world, 12 of which are in the unite States and 185 internationally. The 3M brands are the authorized strength of the company, as they are long-familiar and trusted all over the world. The company produces large cast of products in various areas, much(prenominal) as technology, office supplies, automotive, medical, and fodder services. Most of the brands are market leaders. Potential for revenue fruit is an main(prenominal) strength of 3M.
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Looking at the companys income statement we realise that the company has showed strong achievements in change magnitude the sales gaudiness with all seven business segments, affect positive local-currency addition globally. operational income is one of the most important indicators of companys business performance. 3M has continually been modify its activity for the past cardinal years, and eventually its operation income reached the enjoin of 23.7% of sales in the min quarter of 2004. sestet out of 3Ms seven business segments showed rectify operating income margins in the minute quarter of 2004 compared to the same tip last year.         Also, the company... If you indirect crave to get a salutary essay, order it on our website: Orderessay

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