Caterpillar is an American company known for its design for manufacture‚ markets‚ and construction and mining machinery. It is a world leading Fortune 500 corporate known as the ticker symbol‚ CAT‚ on the Wall Street Stock Exchange. Benjamin Holt‚ founder on Holt Manufacturing Company in 1890‚ designed and distribute stream tractors in San Joaquin Valley in Stockton‚ California. In 1907‚ Benjamin Holt decided to change Holt Manufacturing Co. to Caterpillar after a reporter specified that Holt’s
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1. What “story” does management at Caterpillar recount as a way of communicating the company’s redesigned values? Why are these stories important? 2. Caterpillar uses the “story” of the School Bus Project‚ “Embark‚” to recount the way they communicate the company’s redesign value. This story is important because the company knows that a healthy environment helps shape the growth and depicts valuable attributes within the company. It decided to retrofit school buses to have all students ride
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Recommendation Plant Nutrients Inc. (PNI) is operating in an industry requiring constant innovation in order to combat declining prices. In the case of PNI‚ it is critical that Brian Dunwoodie acknowledge where the company’s competitive advantage lies‚ and continue to leverage PNI’s ability to sell to small farms well. PNI should incorporate a seed business into its current business model through a strategic partnership with Larson Seeds‚ giving PNI the ability to offer a complete agronomic
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Case 10: Plant Nutrients Inc. Plant Nutrients Inc. (PNI) is a medium-size retailer of crop supplies in Lancaster‚ Pennsylvania. Brian Dunwoodie‚ the general manager‚ is preparing a proposed operating statement for 1999‚ to send to management at PNI’s parent company. This statement must reflect an increase in volume of two percent while maintaining the required 13 percent return on investment in the business. He is considering a number of ways of improving performance including: achieving better
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Caterpillar Case Analysis EXTERNAL ENVIRONMENT ANALYSIS Global . In 1915‚ the British military invented the armor tank and modeled it after Benjamin Holt’s steam tractor‚ Caterpillar. Also during World War I‚ the United States and its allies used Holt’s track-type tractors to haul artillery and supply wagons. Shortly after it formation‚ during World War II‚ Caterpillar served as the primary supplier of bulldozers to the US Army. Although it was a successful company for many years‚ for three consecutive
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George Schaefer knew that the situation was not just a consequence of the crisis‚ but also Caterpillar’s inefficient working style when he took charge of the company as the new CEO in 1985. His first years passed with cost reduction by closing more plants and reducing employees and inventories. After the Business Strategy Conference (BSC)‚ when he got started with the actions to implement a new strategy to rebuild the company on a more competitive base‚ the management team was sure that the existing
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Baylor employs approximately 16‚000 people who serve more than 110‚000 patients annually in 12 hospitals and 85 clinics. For 103 years Baylor has not only provided quality healthcare‚ but has been a major contributor to the community by supporting programs through the Dallas Chamber of Commerce‚ The United Way‚ The American Heart Association‚ and Habitat for Humanity. In 2003‚ the company launched a new human resources initiative. Their goal was to improve relationships between employees and managers
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Caterpillar Inc. Analysis FIN400 – Analyzing Financial Statements June 23‚ 2013 Caterpillar Inc. Analysis Caterpillar Inc. is a global company headquartered Peoria‚ Illinois. They specialize in the manufacturing and selling of construction‚ mining‚ and farm equipment. Caterpillar Financial Services is a subsidiary company that offers financing options to their customers. I currently work of a construction company and I specialize in the accounting management of the company’s assets. Approximately
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Future of Modernization Axia College of University of Phoenix Modernization is a worldwide phenomenon‚ which is directly linked to whether or not a society is industrialized. Rich societies like the United States enjoy modernization to the fullest whereas‚ poorer societies like certain countries in Africa struggle just to meet basic life needs. According to Macionis (2006)‚ “Peter Berger identified four major characteristics of modernization: (1) The decline of small‚ traditional communities
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Future Of Modernization Lisa M. Allen University of Phoenix Modernization is the process of social change in societies since industrialization‚ according to Peter Berger four characteristics are identified in modernization; the decrease of traditional communities‚ broadening of personal choice‚ an increase in social diversity‚ and looking toward the future (Axia College‚ 2010). Durkheim’s theory division of labor establishes that people highly specialized roles creating an organic solidarity
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