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Issue:

Business

 

Written by:

Harry H

 

Date added:

August 26, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2504

 

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5330 times

 

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Essay content:

The corporation became a highly diversified global company with an esteemed reputation of innovation. By 1992, it had evolved into 3900 profit centers located within 47 divisions in 57 countries worldwide. Its well-known innovation reputation results from a mantra that 25% of its sales are to be generated by products introduced in the last five years...
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The management commits to building the company's core technologies and to create an environment where people can innovate. The management believes that an environment can "stimulate ordinary people to produce extraordinary performances". By the early 1990s, it has more than 100 laboratories world wide to keep it technology leadership...
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