What Is the Purpose of Skunkworks at 3M

question 90

Essay

What is the purpose of skunkworks at 3M?

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Definitions:

Degree of Rivalry

The intensity of competition among entities within the same industry or market.

Sociocultural

Relating to the combination of social and cultural factors that influence behaviors, values, and attitudes in a society.

Baby Boomers

The demographic cohort born approximately between 1946 and 1964, known for their significant impact on society and the economy.

Economic

Pertaining to the production, distribution, and consumption of goods and services, as well as the study of how societies utilize limited resources to fulfill wants and needs.