Comparing Caterpillar's weaknesses against its opportunities
For example if we can compare the weaknesses and opportunities of the company thus
it is shown that the Caterpillar company is required to put more efforts on R&D so that it can
come up with more innovative technology as this has decreased investment and thus the
company contains low presence in the online market and thus this will result to opportunity to
expand its business and thus the government initiatives to promote green products can help
the company if it is able to invest of green product
Proposing the problem solving strategies to address Caterpillar's weaknesses or threats
that could be mitigated by a business opportunity or business decision.
Use of act it out thus the Caterpillar company need to make a table of different issues
that are facing, and depending on these issues and problems and thus the management has to
find out the most effective method of dealing with the issue for example the company has to
invest more so that the management must decide which field it needs to invest more.
Also the Caterpillar company can use identifying pattern thus helps to find out the
trends and patterns which can be found from the past performance and then it has to come up
with the probable solution to certain problems .
Brush, T. H., Bromiley, P., & Hendrickx, M. (2000). The free cash flow hypothesis for sales
growth and firm performance.
Strategic management journal