Assignment Content
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 an APA formatted Word doc and title it Strategic Management Research Journal Part 2.
Write a 450- to 525-word response to the following prompts in your journal entry:
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 525-word count). Provide a 4-quadrant SWOT chart, 2 columns, 2 rows (do not just list.
Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings.
Evaluate SWOT weakness and threat combinations with common themes that might be a shared risk.
Determine how to turn select listed SWOT weaknesses into select listed SWOT opportunities.
Propose problem-solving strategies to address Caterpillar’s listed weaknesses or threats that could be mitigated by a listed business opportunity or business decision.
Note: You will use information from this entry in your presentation due in week 5.
Submit your assignment.
Resources
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