Caterpillar Inc is world’s leading manufacturer of mining and construction instruments, industrial gas turbines, and diesel and natural gas engines (Caterpillar Inc, 2010). It was ranked number one company in its industry and number 44 worldwide in 2009 edition of Fortune…
It will also recommend strategic moves which can improve Caterpillar’s performance over the next decade.
The predecessor of Caterpillar was the Holt Caterpillar company which was established by Benjamin Holt in 1909. Caterpillar was formed in 1925 when market leader Holt Caterpillar merged with C L Best Gas Tractor Company.
The merged entity consolidated its product lines, shifted from gasoline engines to diesel engines, and continued to grow at an even pace even during the Great Depression. During the Second World War, Caterpillar’s products were widely used by the construction units of the United States Navy in the Pacific theatre of war for construction of airfields and other facilities. After the end of the war, the company grew rapidly on the back of the construction boom.
Caterpillar used acquisition as a major vehicle for growth from 1950 onwards. Its first major acquisition was Trackson, based in Milwaukee. Over the year, it has acquired companies throughout the globe in order to drive up its sales.
During the 1980s, the company was threatened by a decrease in demand because of heightened competition with its Japanese rival Komatsu. Moreover, US embargo against USSR also harmed the company because the company was all set to sell equipments worth millions of dollars to the USSR. The results of these losses were lay-offs and labour union issues subsequently. Caterpillar, in response to strike called by its unionized workforce, farmed out much of its production and warehousing to outside firms. It also started shifting its facilities to Southern states where labour laws were more favourable for non unionized workers.
In the late 1990s, Caterpillar was hurt by the Asian crisis. It had to close down Caterpillar Shanghai Engine, a joint venture with the Chinese government owned Shanghai Diesel. In 2000, it received loans worth $29 ...
Cite this document
(“''See Assignment Criteria'' Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/398571-see-assignment-criteria
(''See Assignment Criteria'' Essay Example | Topics and Well Written Essays - 2500 Words)
“''See Assignment Criteria'' Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.net/miscellaneous/398571-see-assignment-criteria.
While sophisticated safes, secret hiding places and building security had always been sufficient and appropriate to safeguard physical documents, and handwritten signatures or mutual acquaintances have been a matter of course to confirm the identity of signatories of physical documents, what of electronic documents?
Question Presented What is the possible liability in the case of Jedi using Mr. Kenobi’s pictures on a website hosted by Emperor, when Jedi purchased the pictures in good faith from a third party and Mr. Kenobi can prove that the pictures are his? Moreover, what is the possible liability in the case of Jedi’s competitors obtaining Jedi’s secret formula through Empire’s data servers, since Emperor assured Jedi that the sensitivity of the data will be taken care of?
Specifically, internet has changed the perspective and nature of traditional business practices in the form of e-commerce that has brought business activities to an unimaginable growth and status. Consequently, it has become imperative for governments to come up with effective strategies and efficient regulations to ensure growth in e-commerce.
the killing must be unlawful; 2. to be homicide, the victim must be a "life in being" (i.e., not a fetus); 3. for a person to be convicted of murder or manslaughter, it must be shown that the defendant's action actually caused or brought about the death of the victim and that death occurred within a year and day of his action.
ssible in the absence of agency, a trust relationship or wrongful trading to hold one person liable for the debts of another.3 However, like most common law principles and judicial interpretations it is a rebuttable presumption which must give way to a statement to the contrary
how different aspects of the organisation are performing in relation to the forecast of the budgets, they also provide information regarding deviations that occur between the actual outcome and the budgets and therefore facilitate the identification and in the problem solving
ever it must be noted that just to reach an agreement to transact using the INCOTERMS will not by itself amount to the conclusion of a trading transaction. Since INCOTERMS do not have the ability to cover all the aspects of an international sale of goods contract, the parties
Although many people believe that having cerebral palsy means retardation, it must be emphasized that despite the possibility of having associated defects and complications due to the brain damage, cerebral palsy alone only affects the muscles
33), and uses fear as a way to keep the common man in line, as with the horrific stories in Greek mythology such as the story of Prometheus, the mortal who stole fire from the gods and was doomed to have his liver
According to the new provisions, a person is eligible to complain if he or she is covered by a modern award; has an enterprise agreement relating to employment; and if the sum of annual rate of earnings are less than
1 Pages(250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic ''See Assignment Criteria'' for FREE!