3M Company SWOT Analysis

3M CO (Minnesota Mining and Manufacturing) is a company that manufactures all all over the world, introducing new technologies and marketing a wide scope of products. It is limit in the markets of healthc ar, industrial markets, markets of display and graphics, consumer and military post markets, safety, certificate and protective cover services, electronics, telecommunications and electrical and transportation. I will grass a deb cardinal 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 run room in research, manufacturing and marketing of products. Enterprise uses legion(predicate) distribution channels to fail its products. They argon sold directly to its users, and also through numerous wholesalers, retailers, jobbers, distributors and dealers worldwide. 3M owns 197 sales touchs in many countries of the world, 12 of which are in the Uni ted 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 capacious 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 taxation fruit is an important strength of 3M.

Looking at the companys income tale we realise that the company has showed strong achievements in increasing the sales gaudiness with all seven line of work segments, stimulating affirmatory local-currency addition globall y. Operating income is one of the most impor! tant indicators of companys business performance. 3M has continually been improving its activity for the past two years, and ultimately its operation income reached the rate of 23.7% of sales in the second tail end of 2004. sestet out of 3Ms seven business segments showed better operating income margins in the second quarter of 2004 compared to the same period locomote year.         Also, the company... If you indirect request to get a full essay, severalize it on our website: BestEssayCheap.com

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