Read the http://myresource.phoenix.edu/secure/resource/MGT498v6/MGT498_v6_strategic_management_project_background.docx
Review the resources listed at the end of this assignment along with the terms and concepts discussed this week to prepare for this assignment:
strategic management
competitive advantage
strategic plan
mission statement
vision statement
core values statement
AFI
Create a Word document and title it Strategic Management Research Journal Part 1. (Be sure to download and follow the template that I provided for you in your welcome message. Use a Title page and a References page with at least three references. No running head is required, but do use headings to separate portions of your paper, and remember to cite your sources in the main body of your paper).
Write a 500- to 700-word response to the following prompts as your journal entry:
Justify the guiding principles required for preparing effective statements that describe the mission, vision, and the core values of an organization as covered in the assigned reading.
Compare whether Caterpillar Inc.’s mission, vision, and core values conform to the guiding principles in the text and support organizational strategic planning principles as justified in prompt #1. Refer to the Caterpillar Inc. website listed in the Resources section below.
Assess what Caterpillar Inc.’s current competitive advantages and disadvantages are by considering their business partners, allies, and general operations. Research the assignment resources listed below. Based on your research, evaluate Caterpillar’s current competitive advantages and disadvantages.
Sample Solution
Potential Outcomes of Skipping Classes at School GuidesorSubmit my paper for investigation playing hooky memeThe times when guardians were answerable for their kids' scholastic achievements—and understudies themselves—appear to have gone. These days, numerous individuals trust it is the secondary school organization, educators, and the administration that are answerable for understudies getting passing marks. Previously, when you got a F, your folks would accuse you; today, they would prefer to go to your school and request your instructor to give you a superior evaluation. Such a methodology prompts reckless conduct: understudies imprudent about their evaluations and begin skipping classes, believing them to be exhausting. Furthermore, in spite of the fact that there is apparently nothing amiss with avoiding an exhausting class you figure you would not require in future, in certainty doing so has various negative effects on your future. To begin with, guardians of an understudy who plays hooky lose tremendous measures of cash (given that it isn't the understudy who pays for considering). In the United States, free training is an uncommon benefit; each and every class skipped merits a specific measure of cash. Regardless of whether an understudy learns at secondary school, school, or college, it doesn't make a difference—the normal expense of a played hooky is in the range between $50 to $100 (IFR). On the off chance that an understudy decides to skip classes routinely, it will cost the person in question or their folks a great deal of cash every year, without getting the outcome: instruction and information. The likeliness to get lower grades when skipped classes is another result. While the individuals who remain in class get probably some information, regardless of whether they are not brilliant, an individual who skips classes is at higher dangers of getting no information by any means. Plus, instructors may have a predisposition toward such an understudy, and will treat the person in question unjustifiably despite the fact that this individual may be splendid and examined the subject on their own. Obviously, this circumstance can prompt a disappointment during tests or getting ousted from an instructive foundation (FRI). As per inquire about, just five unlucky deficiencies is typically enough for an understudy's scholarly presentation to drop. Five additional nonappearances would in all likelihood lead to a diminished opportunity to graduate a specific instructive foundation: all things considered, captains are about 20% less inclined to effectively graduate. In the event that an understudy learns at secondary school, the individual has a 25% less opportunity to enter any sort of advanced education organization. They are likewise 2.5 occasions bound to need to live on welfare contrasted with their progressively trained friends (Middle Earth). Skipping classes has one more not really clear result: an understudy is bound to get occupied with exercises that neither the American culture nor the administrative framework would favor. Skipping classes doesn't generally infer remaining at home; almost certain, an understudy would invest their energy outside, and opportunities to engage in introverted conduct (substance misuse, shoplifting, betting, etc) increment. No compelling reason to state it can make an individual enter jail in the long run. Skipping classes isn't so innocuous as it would appear. It is an immediate misuse of cash for each one of the individuals who need to pay for the instruction—and such individuals are the dominant part. Understudies who skip classes are bound to get lower evaluations and face a one-sided disposition from their educators; additionally, they have lower opportunities to effectively graduate, and try out a school—of any kind. Such understudies are likewise bound to live on welfare, and get occupied with introverted conduct. Subsequently, this issue ought to be treated with all conceivable consideration from instructors, guardians, and specialists. References "The Impact of Skipping School." Middle Earth. N.p., 16 Oct. 2012. Web. 23 Sept. 2015. "Why Skipping Classes is Bad." IFR. N.p., n.d. Web. 23 Sept. 2015. "Skipping Classes? Have some good times While You Can." FRI. N.p., 12 June 2014. Web. 23 Sept. 2015.>
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