other locations. Because the Oxford plant is the only one owned by Caterpillar that produces these couplings‚ he needs to find outside sources that can produce the couplings to Caterpillar’s standard and get them contracted and trained so they can get couplings to the manufacturing plants and keep production running while Caterpillar rebuilds the Oxford plant. While other plants are gearing up to produce the couplings‚ Caterpillar needs to begin “cross-distributing” whatever couplings are on hand
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‘Mature product markets drove Caterpillar’s restructuring during the 1990s’. Critically examine this statement. With 2004 sales revenue in excess of $30 billion and profits of $2.03 billion Caterpillar is the worlds leading manufacturer of construction‚ mining and earth moving equipment. Caterpillar operates in three key areas; machinery‚ engines and more recently financial products. Mature product markets are an aspect of all product lifecycles once the initial rapid growth stage is complete
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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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Caterpillar and Komatsu: A Mission Statement Evaluation Caterpillar and Komatsu are two of the largest heavy equipment manufacturers in the world with total revenue of over $29.1 billion dollars for fiscal year 2001 between the two companies. Caterpillar was established in 1925 after Benjamin Holt and Daniel Best merged their two companies‚ both of which had been in business for over 35 years each. Komatsu was founded in 1921 when Komatsu Iron Works was spun off as an independent corporation from
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Barney and Hesterly (2006)‚ describe the VRIO framework as a good tool to examine the internal environment of a firm. They state that VRIO “stands for four questions one must ask about a resource or capability to determine its competitive potential: 1. The Question of Value: Does a resource enable a firm to exploit an environmental opportunity‚ and/or neutralize an environmental threat? 2. The Question of Rarity: Is a resource currently controlled by only a small number of competing firms
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. VRIO The VRIO framework is a set of four questions of: Value‚ Rarity‚ Imitability‚ andOrganization (Barney and Hesterly‚ 2006). It is a tool to analyze company’s resourcesand capabilities to discover their potential competitive advantages or to identifycompany’s internal weaknesses (Barney and Hesterly‚ 2006). The following competenceswere chosen from Nokia: quality‚ price‚ services/functions‚ and brand image. 5.1 Quality The high quality of Nokia’s products and services enables
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The second stage is the caterpillar. This is where the eggs hatch. It takes about five days for the eggs to hatch. A caterpillar then comes out. At this stage‚ the caterpillar eats all the time. It also grows really fast. Once it is all the way grown‚ the third stage starts. This stage is the chrysalis. The caterpillar makes a chrysalis. The caterpillar is inside the chrysalis. Inside the chrysalis‚ it starts to change. It soon changes into a butterfly. Once the caterpillar has changed into a butterfly
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mulberry leaf ‚ a tiny black caterpillar hatches out of the egg . It eats for twenty to thirty days ‚ comsuming large amounts of mulberry leaves to grow bigger and bigger . The caterpillar has to moult through four changes of skin . This proccess is called “Larva” . The next stage of silkworm’s life cycle is changing into pupa . The caterpillar spins a cocoon of silk thread around itself for protection ‚ to permit the development of the pupa . The caterpillar will change into a pupa inside
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are also three stages of human: preparation‚ struggle and mature. A caterpillar’s job is to eat as does a human youth’s job is to study. The caterpillar can eat food at one thousand times its weight for generating energy in the pupa stage. In the preparation time‚ a human youth is preparing his future by studying at school as diligently as a caterpillar would consume food. Studying is very crucial in a person’s life. It sets up the path to pursue his dream. In history‚ few successful men were
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pond‚ and look for caterpillars. They used to name them too. Destery and Peaches found two caterpillars and named them Terrance and Philip. Terrance and Philip were from Canada. Terrance and Philip were in a hurry. Terrance’s sister and Philips wife‚ Zelda‚ was hurt in the woods and needed their assistance as soon as possible. Destery felt terrible for the poor caterpillars. They both had a three day journey ahead of them. She was only about a mile away‚ but for a caterpillar‚ that’s a long walk
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