Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings. Evaluate the weaknesses and threats for any common themes that might be a risk. Compare Caterpillar’s weaknesses against its opportunities.

Strategic Management

* Strategic management includes an analysis of a business’s current state. Continuing with your research of Caterpillar, Inc., you will leverage the business SWOT tool to identify and drive organizational strategic decision making and evaluate problem-solving strategies for the company.

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Review the Strategic Management Project Background document.

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Create a Word doc and title it Strategic Management Research Journal Part 2.

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Write a 350- to 525-word response to the following prompts in your journal entry:

1. Conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis of Caterpillar, Inc. Each SWOT quadrant must contain 7-10 items, (this is not included in the 525-word count).

2. Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings.

3. Evaluate the weaknesses and threats for any common themes that might be a risk.

4. Compare Caterpillar’s weaknesses against its opportunities.

5. Propose problem-solving strategies to address Caterpillar’s weaknesses or threats that could be mitigated by a business opportunity or business decision.