Essay heading: 3M

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Miscellaneous

 

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June 29, 2002

 

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6 / 1565

 

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The second business tenet is that the business must have a consistent operating history. Companies with a consistent operating history are firms that are in a stable industry, have spent years producing the same product, and that are not currently involved in changing directions. 3M could easily be categorized as having a consistent operating history as shown by its strong core products (Post-It notes, Scotch tape, Scotch guard etc?) which have dominated their market for years...
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3M could easily be categorized as having a consistent operating history as shown by its strong core products (Post-It notes, Scotch tape, Scotch guard etc?) which have dominated their market for years. Also 3Ms' consistency can be measured by its' longevity in the fact that 3M was established over 100 years ago in 1902...
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