Evaluate Caterpillar Inc.s competitive position and how they have responded to shifts in the external and internal environments.

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MGT/498: Strategic Management

Wk 3 – Apply: Signature Assignment: Strategic Management Research Journal Part 3 [due Day 7]

Write a 525- to 700-word response to the following prompts in your journal entry:

Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
Summarize Caterpillar Inc.s organizational structure.
Determine whether Caterpillar Inc.s organizational structure is considered a traditional organizational structure or a Holacracy.
Justify why its important for Caterpillar Inc.s leadership team to study and understand the companys internal and external environments.
Evaluate Caterpillar Inc.s competitive position and how they have responded to shifts in the external and internal environments.
Recommend strategies in operational changes to support Caterpillars strategic plan, future business decisions, and improvement in business performance.

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