had been hampered to some extent by the company’s goal of catching Caterpillar. Whereas this strategy had worked remarkably well in expanding the company while the global market was growing‚ now that worldwide demand for construction equipment was down‚ Komatsu did not have the flexibility to adapt. Katada believed that the creativity of Komatsu’s middle managers had been sacrificed while everyone was concentrating on Caterpillar‚ and that managers had grown afraid to question the direction of the
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The simple change to the machine worked so well that a bystander was rumored to have said the machine crawled along much like a caterpillar. Holt agreed‚ and dubbed his new machine “Caterpillar‚” a name he eventually trademarked in 1910. In 1986 Caterpillar officially changed the company name from Caterpillar Tractor Company to Caterpillar‚ Inc. In the 1930s‚ Caterpillar machines played a main role in the construction of several great United States landmarks that still stand today. Like The Golden
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Caterpillar Case Study 1. As one of America’s major exporters‚ Caterpillar has been under the microscope of the American dollar in terms of the company’s profitability. In the 1980s‚ Caterpillar suffered at the hands of Komatsu‚ a Japanese company who was able to undercut the American company’s prices. Because of the status of the U.S. dollar in the 1980s in comparison to the Japanese yen‚ Komatsu was able to capture the market share in the United States and the U.S.’s clients. The decline of Caterpillar’s
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ALL ANSWERS ASSUME A TAX RATE OF 35% Even though the tax rate appears to be 1720 / 6725 = 25.57% In answering the following questions‚ please refer to the financial statements of Caterpillar Inc. (CAT) and the relevant Notes to these statements at the end of this write-up. 1. What could be the cause(s) for the shift in LIFO-based inventory from 70% at December 31‚ 2010 to 65% at December 31‚ 2011? A decrease in the replacement cost for Cat’s inventories‚ or an increase
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Caterpillar 1. What were some of the key steps that led to Caterpillar’s becoming the industry leader in earth-moving machinery? Caterpillar produced over 300 different kind of machinery for sales around the world. Its products give solution to eight industries such as residential‚ nonresidential‚ industrial‚ infrastructure‚ mining and quarrying‚ energy‚ waste and also forestry. Besides that‚ the use of Caterpillar’s trademark farm treads on the Army tank in World War 1 and World War 2. The
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Strategy 2020 Europe 2020 is a 10-year strategy proposed by the European Commission on 3 March 2010 for advancement of the economy of the European Union. It aims at "smart‚ sustainable‚ inclusive growth" with greater coordination of national and European policy. It follows the Lisbon Strategy for the period 2000–2010. On 26 March 2010‚ the European Council agreed on the key elements of the new strategy. President Herman Van Rompuy who chaired the meeting pointed out that the strategy sums up the
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............................................................................ 1! Background ....................................................................................................................................................2! Caterpillar Inc. Overview ......................................................................................................................... 2! Strategic Overview .....................................................................................
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Managing tomorrow’s people* The future of work to 2020 *connectedthinking Contents Introduction 2020: where three worlds co-exist Corporate is king: welcome to the Blue World The journey to Blue Life in the Blue World: the main themes Work in the Blue World: the people challenges The Blue HR business model 02 04 Small is beautiful: welcome to the Orange World The journey to Orange Life in the Orange World: the main themes 18 18 19 22 25 27 27 28 29 30 32 06 06 07 09 10 Work
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Caterpillar Inc. sustainability report Chairman and CEO of Caterpillar Douglas R. Oberhelman has never been more committed to sustainable development that he is today. He is concentrated on question what does the world need while world population is growing and modernizing. But what the world needs is very hard to find‚ because everyone wants something else. The Caterpillar Inc. is world´s leading manufacturer of construction and mining equipment‚ industrial gas turbines‚ diesel and natural gas
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Luke Bilbao Sharon Jalene KIN 175 SEC 1003 03-05-2014 The goal of Healthy People is to provide evidence-based health objectives and strategies to help empower Americans to make informed decisions. Healthy People is a program that emphasizes prevention‚ including lifestyle choices. The program also endeavors to eliminate disparities in health behavior and health outcomes‚ because risk factors are linked to issues like socio-economic class (“About Healthy People‚” 2012). Objectives are linked to
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