Week4 Strayer 3M Company: Innovation

Week 4 e-Activity Share updates about your companies.
Have they launched a new product? Have they been involved in a scandal? Have they recently been fined for lack of compliance? Are their stocks fluctuating or holding steady?
If nothing has changed, compare different aspects of the companies. Is one stronger or weaker in an area than the other? Is there something on which they could work together?
Note: These are suggested topics; you may discuss any topic related to your companies. As the e-activities will be used for the larger assignments in the course you may want to use these updates as a place to draft your ideas and get feedback. Resources:NASDAQ listing of health care industry companies Mergent Previous activity from week2Week 2 Competitive advantage The primary source of Abbott s competitive advantage is that the company is a global brand and has a significant market base across the world. Besides, the company has been in a position to produce products and services that meet the needs of the clients. Through innovation and utilization of appropriate technologies, Abbott Laboratories has been in a position to produce some of the best medical products and this has provided it with an advantage over its rivals. Updates on 3M Company: Tough Regulations The company operations, through the years, have been characterized by moments of peaks and troughs which businessmen have always described as normal business curve. The company draws its primary clients from the health care industry, a heavily regulated industry by both federal and state governments. The biggest undoing, which forms majority of trough moments in the history of the company s operations, has been the ever changing congressional legislations that keep on shaping the scope and manufacturing environment of the 3M Company. The compliance to the 1976 Medical Device Amendments to the Food, Drug and Cosmetics Act has always presented a lot of confusion and ambiguities (Reuters 2019). Abbot Laboratories: Changing Tax Policies The changing corporate tax policies between Democratic Party presidents and Republican Party presidents over the years starting with President Reagan in 1980 has come to influence internal financial planning of the company. For instance, the Obama administration which ascended to power in 2008 amidst economic depression aggressively increased corporate taxes to high new levels. The company had to streamline its operations to maintain revenues. In an expected twist, the succeeding GOP president brought the taxes down by almost a half handing the company space and financial environment to initiate new investments (Abbott. n.d). ReferencesAbbott. (n.d). Who we are. Retrieved from (2019). 3M Company Profile. Retrieved from

Related Posts

Quality Writing Features

Price Start $10
  • 24/7 Customer Support
  • All Subject Areas
  • Money-Back Guarantee
  • Timely Delivery
  • Originality report
  • Confidentiality guaranteed

Ordering Homework Writing Service

You can get our ideal online homework help services with four easy steps. All you have to do is inform us of your requirements. Immediately we will match with a specialist in your academic discipline. After that, we will track your order, review it to ensure it meets your requirements, and submit it to your email.


Submit Requirements

Fill in your assignment instructions on the order form


Writer match

Immediately you contact us for homework help; we will assign your assignment to an academic expert.


Quality review

We have a team of editors, who will thoroughly review your assignment, ensuring there are no errors before submission


Get Your Completed Paper

Once we have completed the assignment, we will deliver it to your account. Additionally, we will send a notification to your email.



Budget-friendly writing services



We don’t share our client’s information with a third party



We write every assignment from scratch

Amazing Homework Writing Features

Once you consult us for homework help online services, you will attest to why we are among the USA's best essay writing services.

Read on and find out some of the features that make our services superlative.

Free Homework Writing Services

Free plagiarism checker

You can confirm that the content you get is original for free using our plagiarism checker.

Free samples

We offer unlimited access to our essay homework samples.

Free title page and bibliography

Once you place an order, we format it accordingly without demanding additional charges.

Free unlimited revisions

We offer free unlimited revisions until your assignment is of your desired quality..

Free editing and proofreading

We have a team of specialized editors who review your assignment before submission.

Free customer support

You can track the progress of your homework for free.

Request for Homework Writing Service Today!

We have over 500 homework writing experts, ready and waiting to help you improve your writing skills