Explore the 3M diversification strategies
Problem- Organizations have a variety of reasons to diversify their business and many ways to diversify and retrench. Please provide an explanation.
Part 1- Review the products 3M offers the markets it serves. Select one or more 3Mbusinesses and comment on their business diversification strategies discussing the role of business diversification in the strategic process.
I need help to describe the reasons behind why an organization would diversify her business. Also explain 3M diversification strategies.