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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1. Description of Company and Industry Founded and headquartered in Peoria‚ Illinois‚ Caterpillar‚ Inc. is one of the world’s leading manufacturers of construction & mining equipment‚ diesel & natural gas engines‚ industrial gas turbines‚ and diesel-electric locomotives. It operates in five segments. The construction segment provides machinery‚ such as backhoe‚ loaders‚ small track-type tractors‚ and mini excavators for use in infrastructure and building construction projects. The resource segment
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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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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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‘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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Cyrile Gouro: Task 1- identify the purpose of four different business organisations (p1) Sole Trader – Tony’s Newsagent A sole trader is the smallest type of business ran by one person but they might have several employees. A sole trader is personally responsible for all aspects of business like money‚ For my business I have chosen a Local newsagent called Tony’s which is located opposite Uxbridge High School. The business has 2 employees who both serve in the shop. Tony’s sell their products
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Running head: A COMEBACK FOR THE UAW A Comeback for the UAW Unions have been able to bring large groups in the workforce together to be able to collectively bargain for the better good of the group. Without being part of a union your voice may not reach upper management‚ in order to make a difference. Working together unions are able to provide security to the workforce by guaranteeing fair and equal wages for equal work‚ increased wages or benefits‚ and ensuring
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Baylor HealthCare System: Efforts in Reducing Turnover Rate Background Baylor Health Care System is one of the premier health care systems in the United States. Located in north Texas‚ U.S.‚ 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
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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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