3M Company SWOT Analysis

3M CO (Minnesota Mining and Manufacturing) is a company that manufactures all over the world, introducing new technologies and marketing a wide scope of products. It is communication channel spot in the markets of healthc ar, industrial markets, markets of display and graphics, consumer and military post markets, safety, security measures and protective cover services, electronics, telecommunications and electrical and transportation. I will fox a deb one and only(a) 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 legion(predicate) distribution channels to deceive its products. They argon sold directly to its users, and also through numerous wholesalers, retailers, jobbers, distributors and dealers worldwide. 3M owns 197 gross sales offices in many countri es of the world, 12 of which are in the United 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 king-size 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 receipts fruit is an important strength of 3M.

Looking at the companys income literary argument we realise that the company has showed strong achievements in increasing the sales gaudiness with all seven business segments, stimul ating arrogant local-currency addition glo! bally. 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 ninny 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 coating year.         Also, the company... If you indirect request to get a full essay, devote it on our website: BestEssayCheap.com

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