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3M Corporation management of its accounting and financial information

About the author

Employed
Level
General public
Study
economics
School/University
Harvard...

About the document

Published date
Language
documents in English
Format
Word
Type
case study
Pages
1 page
Level
General public
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  1. Introduction
  2. 3M Corporation management
  3. Accounting and financial information
  4. Analysis and description
  5. Conclusion

For any organization to achieve tremendous growth and maintain competitive advantage it has to effectively manage its financial and accounting information. 3M management policies, of its account remain envy of many cooperates, it's upon this concept that the paper seeks to identify the conglomerates performance.

In the avant-garde business environment, where uncertainties prevail ,business adopt policies and proactive measures ,that aim at promoting growth and development while at the same time ensuring profit .Profitable organizations, have a competitive advantage over others and greater opportunities for expansion. In this light 3M provides a good example of cooperate governance.

3M is a global technological company that has diversified in several businesses ventures such as industrial products ,healthcare, transportation ,security and protection services as well as electro and communication s. over the years the conglomerate has witnessed tremendous growth a fact established by her ability to hedge from economic uncertainties due to diversification in different ventures.

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