3M's goal is to produce 30% of its profit from products introduced in the last 4 years.

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Acquire an understanding of the concept concerning competition based on timing and its effects on the development of products and their commercial triumph.

Verified Answer

Final Answer :

True

Explanation :

This is a statement directly from 3M's corporate strategy, as stated on their website.

Learning Objectives

Acquire an understanding of the concept concerning competition based on timing and its effects on the development of products and their commercial triumph.