Write a 350- to 525-word response to the following prompts in your journal entry:
1.) Conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis of Caterpillar, Inc. Each SWOT quadrant must contain 7-10 items, (this is not included in the 525-word count).
2.) Analyze Caterpillar’s strengths and include specific examples based on your SWOT analysis findings.
3.) Evaluate the weaknesses and threats for any common themes that might be a risk.
4.) Compare Caterpillar’s weaknesses against its opportunities.
5.) Propose problem-solving strategies to address Caterpillar’s weaknesses or threats that could be mitigated by a business opportunity or business decision.