Strategic Management Journal Part 2
Assignment Content 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 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 Caterpillars 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 Caterpillars weaknesses against its opportunities. Propose problem-solving strategies to address Caterpillars 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.