............................................................................ 1! Background ....................................................................................................................................................2! Caterpillar Inc. Overview ......................................................................................................................... 2! Strategic Overview .....................................................................................
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We chose our topic‚ the Cast-Steel Plow by John Deere because we all live or have lived on a farm in some period of time and found it would be interesting topic to learn more about the cast-steel plow. We thought that since we have used some type of plow we wanted to know more about it and how it was invented. We found most of our research in books like John Deere’s Company: A History of John Deere And Company and its times‚ also John Deere Tractors and Equipment. We have contacted John Deere’s
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Caterpillar Inc. was formed in 1925 when Holt Manufacturing Company and the C. L. Best Tractor Co. merged to form Caterpillar Tractor Co. These two companies were formed by Benjamin Holt and Daniel Best‚ thus the two founders of Caterpillar. Throughout their history‚ Caterpillar has continued to update and diversify their product lines to meet the demands of consumers. In 1931‚ the first Diesel Sixty Tractor rolled off the assembly line in East Peoria‚ Illinois‚ offering a new efficient source
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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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The Business Research Process Amy Portugue RES/351 October 15‚ 2012 Steve German The Business Research Process I am the current employee of a world renowned company in the agricultural industry. John Deere has been a long standing name for over 175 years. The combine plant located in East Moline‚ Illinois just celebrated its 100th anniversary. I have worked at the combine plant for almost 5 years now and have experienced several dilemmas within the company. Many of our dilemmas come from
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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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John Deere and Complex Parts Inc. Question 1: Discuss the strengths and weaknesses of John Deere’s Achieving Excellence Program. Consider and discuss other criteria to include in the analysis. Strengths of Achieving Excellence Program 1) Win/Win Situation One of the strength offered by this program is a promised Quality product‚ which is equally important and beneficial for both parties‚ Deere & Complex Parts Inc. 2) Performance based volumes This compliance system yields a bench
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Doe Deere is the business owner of the cosmetic line named Lime Crime. Doe Deere was born in Russia. She moved to the United States in her late teenage years. Doe Deere lived in New York City for 14 years before moving to Los Angeles‚ California. Doe Deere started a business in Russia when she was just 13 years of age. She first started off by selling temporary tattoos. Doe also used to be a musician but she ended up in the cosmetic industry. Doe Deere first started living in Manhattan and then
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It is important For Caterpillar to develop new products for the same reason all other companies produce new products‚ to try to stay ahead of the competition. Times change and equipment needs to change with them. New methods are developed that require new machines‚ and you don’t want to let your competitors meet those needs instead of you. Another reason is‚ people change and what they want or need is different. New products also offer innovation (Page 393). It is important to test your new equipment
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MGMT 479 - STRATEGIC MANAGEMENT Case Study #1: "The Comeback of Caterpillar‚ 1985-2002." Synopsis: In the early 1900 ’s the heavy steam tractors of farmers of the delta in the San Joaquin Valley‚ California‚ consistently sunk into the moist soil. Their attempts at bigger wheel to solve the problem proved futile. Benjamin Holt‚ a combine maker‚ replaced the tractor wheels with tracks‚ distributing the tractor ’s weight more evenly over a broader surface that gave the tractors more traction
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