Question

case 27 3m the first 110 years

Bus411 strategic managment

Answer 1

3M has International operating structure which operates in United States,Europe, asia Pacific and africa. Their operational structure include Healthcare industry, operation in electronics and communication as well as display in graphics or the office supplies. 3M is very well known for providing Medical and surgical equipments as well as if also develops personal care products or packaging materials.

SWOT analysis for 3M Corporation is as follows.

Strength

Company has a very large operating structure and operates in many countries. This multinational corporation provides advantage to the company for capturing the large number of market by providing services in the adequate situations. International operations lectures also provide competitive advantage to the company by maintaining high quality standards in Operation as well as to generate better amount of profit from the same market.

Weaknesses

Slightly high pricing as well as Limited availability of resources in developing countries such as India and surrounding countries limit its overall availability of operation. Competing with the local brands is relatively tough as the pricing for the company is high and people are not ready to invest in a company that is not locally acclaimed.

Opportunities

Implementation of cost oriented pricing strategy as well as providing services in the developing countries at priority would be the most appropriate opportunity for the company to maintain high quality standard in Operation as well as to improve the revenue generation from the same market. Improving their manufacturing process by setting up manufacturing units in China as well as in look and countries where the operational capabilities is relatively high, 3M can be vary widely benefited by the specific market inclusion.

Threats

Emerging competitors as well as availability of new technologies have very widely decrease the overall availability of opportunities for the company. Type of approach limit the organisation to maintain their advantage in international market as availability of alternatives can vary widely affect operational capabilities of the company and substitution is also a major problem in this type of issue. Operational market is being University available to each and everybody because of The E-Commerce trading which is also affecting 3M as people can order their products across the globe through different brands which are available as an alternative to 3M.