Homework: Strategic Management Research Journal
Familiarize yourself with the following terms and concepts discussed this week in preparation for completion of this homework: organizational structure, organizational culture, inertia, Holacracy, PESTEL model.
Create a 700 to 1,050-word entry in your strategic management research journal (APA paper). You will use information from this entry in your presentation due in Week 5. Respond to the following prompts in your journal entry:
1) Assess whether Caterpillar Inc. is using the appropriate measures to verify its strategic effectiveness.
2) Summarize Caterpillar Inc.'s organizational structure.
3) Determine whether Caterpillar Inc.'s organizational structure is considered a traditional organizational structure or a Holacracy.
4) Detail why it is important for Caterpillar Inc. leadership to study and understand the company's internal and external environments.
5) Evaluate Caterpillar Inc.'s competitive position and how they have responded to shifts in the external and internal environments.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.