amiliarize yourself with the following terms and concepts discussed this week in preparation for completion of this assignment: organizational structure, organizational culture, inertia, Holacracy, PESTEL model.
Create a 700 to 1,050-word entry in your strategic management research journal. You will use information from this entry in your presentation due in Week 5. Respond to the following prompts in your journal entry:
Caterpillar Inc. is an established company that specializes in the production of earthmoving machines and other implements for use in the construction industry. Although it is among the pioneer companies in its field of trade, Caterpillar Inc. has had to keep reinventing itself so as to keep up with increasing competition and the changing market environment. This paper looks at the company’s approach to strategic management. The corporate entity has a unique organizational structure to match up to its large size and global presence. The paper…