jg6948215 jg6948215

22-05-2024
Business

Answered

5.
Pick one of these pillars of free enterprise-competition, price system, and private
property-and explain how it is part of the 3M story.

Answer :

GinnyAnswer GinnyAnswer

22-05-2024

Final answer:

Competition in free enterprise and its impact on the 3M story.

Explanation:

Competition is a pillar of free enterprise that plays a significant role in the 3M story. In the realm of office supplies, 3M competes with companies like Avery and Fellowes in offering products like Post-it Notes and Scotch tape. This competitive environment encourages innovation and ensures that consumers have a variety of options to choose from.

Learn more about Competition in free enterprise here:

https://brainly.com/question/30280043

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