Electrolux is the world's second largest appliance maker. It has 4 major appliance divisions, a small appliance division, and a professional products division. It targets markets with low growth and high replacement sales. Its vision is to be the best appliance company as measured by customers, employees, and shareholders. It has a 4 pillar strategy of innovative products, operational excellence, profitable growth, and dedicated employees. It sees opportunities in growing Asian and other emerging markets. Its recent acquisitions of GE Appliances and a share in Mabe fit its strategy and help achieve global dominance.