Strategic Management

Description

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 a Word doc and title it Strategic Management Research Journal Part 2. Write a 350- 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). 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 strengths against its opportunities. Analyze how Caterpillar’s strengths can be used to take advantage of opportunities Propose problem-solving strategies to address Caterpillar’s weaknesses or threats that could be mitigated by a business opportunity or business decision. Note: You will use information from this entry in your presentation due in week 5. Submit your assignment.   Resources Wk 2 Learn activity “SWOT can be a Picnic.” Center for Writing Excellence Reference and Citation Generator Grammar and Writing Guides