Caterpillar Inc.’s current competitive advantages and disadvantages

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Week 1 Signature Assignment: Strategic Management Journal Part 1
Read the Strategic Management Project Background document.
Review the resources listed at the end of this assignment along with the terms and concepts discussed this week to prepare for this assignment:
strategic management
competitive advantage
strategic plan
mission statement
vision statement
core values statement
AFI
Create a Word document and title it Strategic Management Research Journal Part 1.
Write a 500- to 700-word response to the following prompts as your journal entry:
Justify the guiding principles required for preparing effective statements that describe the mission, vision, and the core values of an organization as covered in the assigned reading.
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.