which of the following statements does not reflect 3M’s values?

a.“a climate that stimulates ordinary people to produce extraordinary performances”

b.“legacy of market responsiveness”

c.“unshakable belief in the power of individual entrepreneurship”

d.“tolerate any mistake”

which of the following does not diminish the threat buyers pose to 3M’s profits?

a.brand loyalty

b.few large customers accounting for the bulk of 3M’s sales

c.many relatively small buyers

d.product differentiation

which of the following does not diminish the threat suppliers pose to 3M’s profits?

a.customer loyalty allows passing along supplier price increases

b.largely commodity inputs purchased from suppliers

c.limited number of suppliers

d.economies of scale enable discount purchases

which of the following does not represent one of 3M’s strategies against new entrants?

a.price leadership

b.brand name and reputation

c.constant innovation

d.patent protection

which business-level strategy is 3M pursuing?

a.differentiation

b.cost leadership

c.focused differentiation

d.focused cost leadership