b) Companies that have a future engage in innovation. 3M’s another 100 years is guaranteed since it understands that it should solve problems through innovation. The company embraces innovation in process, management and product manifestations. 3M also respects its most-importantdepartment, the employees,and this is an aspect that can keep it succeeding. Though the company confronts the present rather than what do next, from its previous successes, one can predict that the company will continue to be successful

Recently, 3M has introduced a scanner that enables easier and faster scanning, as well as accuracy for orthodontists and dentists. This product has strengthened the company’s effort to bring about digital transformation in oral care.

a) Perrigo can continue for another 100 years. Quality and affordable healthcare is the desire of every citizen, and this is a priority to the company. Also, manufacturing over-counter medicines will increase the company’s market. This is because consumers will embrace store-brand alternatives. As such the company is positioned to grow.

Perrigo’s core ideology is based on five principles; quality, customer service, innovation, cost-effectiveness and people.

Prompt 2

a) Coca-cola will continue to be the top in manufacturing carbonated drinks. Though it is facing competition from other companies, the company will still shine since consumers are inclined in purchasing products that are of high quality and which they are familiar with. Its productshave different flavors compared to other companies.

Since the world is advocating healthy living, Coca-cola can produce non-carbonated healthy products such as coffee drinks, bottled water, tea and ready-to drink juices.

b) Pepsi Company can never overpower coca-cola. Though they have the same core benefit for their consumers, the market favors Coca-cola in that coca-cola outsells Pepsi by almost three to five six times in the cola market. Coca-cola is also everywhere compared to Pepsi Cola.

Pepsi can difference itself from Coca-cola by producing purely non-carbonated drinks and diversifying into snack foods.