Question
Strategic management includes an analysis of a businesss current state. Continuing with your research of Caterpillar, Inc., you will leverage the business SWOT tool to
Strategic management includes an analysis of a business’s current state. Continuing with your research of Caterpillar, Inc., you will leverage the business SWOT tool to identify and drive organizational strategic decision making and evaluate problem-solving strategies for the company.
Review the Strategic Management Project Background document.
Create a Word doc and title it Strategic Management Research Paper/Journal Part 2.
Conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis of Caterpillar, Inc. Each SWOT QUADRANT must contain 7-10 items, (this is not included in the 700-word count).
- Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings.
- Evaluate the weaknesses and threats for any common themes that might be a risk.
- Compare Caterpillar’s weaknesses against its opportunities.
- Propose problem-solving strategies to address Caterpillar’s weaknesses or threats that could be mitigated by a business opportunity or business decision.
- Submit your assignment paper/Journal as a 7th edition APA Microsoft Word document to include a Title page, Introduction, body, conclusion, and Reference page.
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SWOT Analysis of Caterpillar Inc STRENGTH WEAKNESS OPPORTUNITY THREAT Strong Brand Image Low rate of innovation Increasing competitive advantage through innovation Intense competition Strong Global Di...Get Instant Access to Expert-Tailored Solutions
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