Bayer Case Study

Introduction:
Bayer was founded in Barmen by the successful partnership between Johann Friedrich Weskott, acknowledge as the master of dyeing and dye salesman Friedrich Bayer. They registered "Friedrich Bayer & Companies" in the commercial register on August 1, 1863.
It started with a workforce of only three (3) people in 1863 to more than 300 in 1881. Aside from being a dye factory, Bayer progressed into a chemical company from 1881 to 1913.
To date Bayer employs 120,000 people worldwide. It has now four business segments - health care, agriculture, polymers, and chemicals. …