Acknowledgement: The Information that have been presented in this term paper regarding the company’s products and service are all based on the information provided generally on the company’s personal website and more general information of Caterpillar Inc. in its mother company website. We greatly thank the “CAT Inc.” and “Bangla CAT” respectively‚ for putting up a comprehensive navigating website and information for its customers and consumers. We would also like to thank our most knowledgeable
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Case studies at three large‚ software product companies show the benefits and pitfalls of integrating agile methods with stagegate management models. 0740-7459/05/$20.00 © 2005 IEEE he project manager enters the room where the pilot agile development team sits. “We have to add a new feature to our next release‚” he says. “Can you please put it on the list?” “Yes‚ of course‚” a team member replies. “Just let us know which feature you want us to postpone in its place.” The manager gets
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JOURNAL OF MANAGEMENT ACCOUNTING RESEARCH Volume Fifteen 2003 pp. 95–116 Practice Developments in Budgeting: An Overview and Research Perspective Stephen C. Hansen The George Washington University David T. Otley Lancaster University Wim A. Van der Stede University of Southern California Abstract: Practitioners in Europe and the U.S. recently have proposed two distinct approaches to address what they believe are shortcomings of traditional budgeting practices. One approach advocates improving
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Caterpillar’s restructuring? Critically examine the extent the new strategy transformed market‚ productive and financial performance. The aim of this paper is to assess the extent to which market maturity influenced the restructuring phase that Caterpillar underwent after it was nearly put out of business in the 1980s. It will be argued that surely market maturity played a central role in the company’s restructuring‚ as the increase of competition and the need for product innovation brought up the
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here. Suppose the buyer for a large construction company wants to buy a tractor from Caterpillar or Komatsu. The competing salespeople carefully describe their respective offers. The buyer wants to use the tractor in residential construction work. He would like the tractor to deliver certain levels of reliability‚ durability‚ performance‚ and resolve value. He evaluates the tractors and decides that Caterpillar has a higher product value based on perceived reliability‚ durability‚ performance‚ and
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Deere and Company was faced with many issues in the years to come. They were entering a market‚ which was dominated by Caterpillar and needed to price their products to ensure success. The competitive landscape of the industry includes seven competitors‚ Deere’s biggest competition being Caterpillar. The small (under 100 horse power) and large (over 100 horse power) tractor markets have different leaders. Deere and Company dominated the small tractor market with 50-60% market share‚ with International
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Caterpillar’s Organizational Structure Caterpillar is a corporation that designs‚ manufactures and sells diesel and natural gas engines‚ construction‚ and mining equipment. Since the year 1905 Caterpillar has been a corporation that has evolved by making significant improvements to its machinery by taking advantage of the available technology‚ and it has had the ability to adapt to the dynamic changes and demands of the construction industry. Many significant events have occurred in this business
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SYNOPSIS With the help of two different CEO’s‚ Caterpillar transformed itself. For three consecutive years‚ 1982‚ 1983‚ and 1984‚ the Caterpillar Company lost $1 million a day. Caterpillar’s major competitor was a Japanese company call Komatsu. Due to tough global challenges‚ the collapse of its international markets and an overvalued dollar‚ Caterpillar had to reinvent itself or stop business. With the help of two different CEO’s‚ Caterpillar transformed itself. CEO George Schaefer introduced
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Main Characters: Stripe and yellow caterpillar and other caterpillars Setting : Tree‚ caterpillar pillar and the world The story started when Stripe‚ the main character‚ hatches from an egg. He begins his life by eating the leaf he was born on. He realizes that there must be "more" to life than just eating leaves. He senses there must be a way to get up into the sky. He searches for a way and finds himself at the base of a pillar made up of caterpillars. They are all struggling to get up into
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Line-2 already we have replaced by New ABB make‚ RAZOA relay (ref. P.O.No.TCP/PP/SPRS/443 dt.31.01.01) in the place of Main Distance Relay (21-M2). At present in Line-1 there is no sensitive relay to detect Earth Fault‚ only Back-up to distance Protection is available(Directional O/C & E/F relay) .This relay will operate for the all zone fault in the line. So it is decided to procure new distance relay in the place of 21-B1 and MPR has been raised for the RAZOA‚ ABB make (MPR No. 2973 dt.26/09/03).
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