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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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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Gazelle in 2012 Gazelle is a leading online market to purchase and sell used electronic devices. However‚ its legal name is “Second Rotation” but customers see it as “gazelle” which was chosen for branding and operational purpose by Gannet‚ Aurelien McElhiney the co founders of Second rotation. How did gazelle attain sustainable competitive advantage? The secret of Gazelle for attaining the sustainable competitive advantage (a competitive advantage that is difficult for competitors to
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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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Short term‚ Long Term and Medium term objective (August 02‚ 2006 http://www.smallbusiness.co.uk/channels/start-a-business/q-and-a/27759/short-mediumand-longterm-objectives.thtml (Assessed on 3rd June 2010) Scott Gallagher (2004)‚ Internal Analysis (VRIO) (1st Nov‚ 2007) http://falcon.jmu.edu/~gallagsr/WDFPD-Internal.pdf (Assessed on 3rd June 2010) Bernard Jaquier‚ Resource- Based View of the firm (RBV) http://www.ecofine.com/strategy/RBV%20of%20the%20firm.htm (Assessed on 3rd June 2010) PEST Analysis
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The VRIO framework (Barney‚ 1995) is one of the most significant approaches that suggests ways to achieve sustainable competitive advantage through HR. VALUE HR executives must address a primary question “How can HR aid in either decreasing costs or increasing revenues?” In today’s time when everyone is talking numbers; the HR department has to prove its worth and show that it creates value for the organizations. HR can help a firm achieve sustainable competitive advantage by creating value
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based on the food choice of the caterpillars. A butterfly lays her eggs only on the leave‚ which caterpillars like to eat. Each type of butterfly has a different choice of leaves‚ which it uses to lay down the eggs. “The food source needed in a butterfly habitat varies among species” (Barrett‚ 2011). It takes nearly five to ten days for a caterpillar to emerge from an egg. The second stage of a butterfly’s lifecycle is one in which an egg hatches into a caterpillar. A butterfly‚ in the form of a
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