Signature Homework: Strategic Management Journal
Create a Word document and title it Strategic Management Research Journal.
Write a 500 to 700 words response to the following prompts as your journal entry:
o Justify the guiding principles required for preparing effective statements that describe the mission, vision, and the core values of an organization.
o 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.
o Assess what Caterpillar Inc.'s current competitive advantages and disadvantages are by considering their business partners, allies, and general operations. Research the homework resources listed below. Based on your research, evaluate Caterpillar's current competitive advantages and disadvantages.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.