Hello, I have uploaded the final copy. Please review the paper, and let me know in case you need any edits. Thank you for giving me an opportunity to serve you😍 😍Running Head: STRATEGIC MANAGEMENT RESEARCH JOURNAL: CASE OFCATERPILLAR INC. 1Strategic Management Research Journal: The case of Caterpillar Inc.NameInstitutionProfessorCourseDateSTRATEGIC MANAGEMENT RESEARCH JOURNAL: THE CASE OF CATERPILLARINC.2Whether Caterpillar Inc. is using the appropriate measures to verify its strategiceffectivenessDetermining strategic effectiveness is very important for any organization. As perPopkova et al. (2015), strategic effectiveness refers to an organization’s ability to set the rightgoals and consistently achieving them. It maps the current and future goals of theorganization (Baird, 2017). Arguably, Caterpillar Inc. is utilizing the appropriate measuresfor verifying its strategic effectiveness. One of the measures utilized by the organization isexamining how its strategy links to its objectives, This approach is highly effective since itensures that the company’s business strategy is in line with the company’s goals, vision andmission. This is done regularly, particularly at the end of the company’s fiscal year. Usingthis approach, Caterpillar ensures that its business strategy does not lead to deflection fromthe organization’s vision, and business goals. Consequently, the company has consistentlydelivered value for its customers. Furthermore, by using this approach, Caterpillar Inc. hascontinually built its products upon its core competencies, which include safety, quality, leanin addition to competitive cost discipline, in order to increase the company’s competitiveedge (Caterpillar.com, 2019). This approach effective because, according to Levenson(2015), management should continually evaluate the use of its core resources andcompetences in order to determine if the strategy is hitting the…
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