Conduct a SWOT analysis of Caterpillar Inc. and create a SWOT matrix.
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. and create a SWOT matrix. Each quadrant of the SWOT matrix must contain 7-10 items, (THE MATRIX IS NOT INCLUDED IN THE 525 WORD COUNT).
2. Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings.
3. Analyze the weaknesses and threats identified in your SWOT for any common themes that might be a risk.
4. Compare Caterpillar’s Strengths against the Opportunities (from the SWOT) and identify the best probable opportunity to increase competitive advantage.
5. Propose problem-solving strategies to address Caterpillar’s weaknesses or threats (from the SWOT) that could be mitigated by a business opportunity or business decision.
Answer preview to Conduct a SWOT analysis of Caterpillar Inc. and create a SWOT matrix.
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