Homework: Strategic Management Research Journal
Write a 525 to 700 words 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 it's important for Caterpillar Inc.'s leadership team to study and understand the company's 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 Caterpillar's strategic plan, future business decisions, and improvement in business performance.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.