Peruse the business group listings for 3M Company shown as follows and listed at its website (company.ingersollrand.com).
Question:
Peruse the business group listings for 3M Company shown as follows and listed at its website (company.ingersollrand.com). How would you characterize the company’s corporate strategy? Related diversification, unrelated diversification, or a combination related-unrelated diversification strategy? Explain your answer.
Consumer Products—for the home and office including Post-it (R) and Scotch (R)
Electronics and Energy—technology solutions for customers in electronics and energy markets Health Care—products for health care professionals Industrial—abrasives, adhesives, specialty materials, and filtration systems Safety and Graphics—safety and security products; graphic solutions
Step by Step Answer:
Essentials Of Strategic Management
ISBN: 9781260575668
7th International Edition
Authors: John E. Gamble