Lower Division Capstone_Unit5_IP

Lower Division Capstone_Unit5_IP - ELEMENTS OF BUSINESS -1-...

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ELEMENTS OF BUSINESS - 1 - Lower Division Capstone Unit 5 Individual Project Kregg M. Soltow November 3, 2010 American Intercontinental University ELEMENTS OF BUSINESS
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ELEMENTS OF BUSINESS - 2 - Abstract Caterpillar Inc. as an organization deals with many individual basic business environments in the legal, social and economic realms such as the EPA emissions programs, being a leading manufacturer of construction and agricultural equipment and abiding by current EHG legal emission standards. Throughout Caterpillars organization environments they are also privileged to many managerial, operational and financial issues. Such issues that effect many of it’s counterparts within the market as business risks, improper project timelines, and involving those necessary in project specifications. Many of these issues and more can and are currently being remedied by the use of simple and logical planning measures known as flow charts, or PERT (Program Evaluation and Review Technique) charts and Gnatt charts.
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ELEMENTS OF BUSINESS - 3 - Body Analyze the organization’s basic legal, social, and economic environments Caterpillar Inc. has pledged to reduce its total absolute global greenhouse gas (GHG) emissions by three percent from 2006 to the year 2015. The company has committed to this reduction goal as part of the U.S. Environmental Protection Agency's Climate Leaders program, which Caterpillar joined in 2003. This places Caterpillar in a very humble and example setting social environment being that, "The rise of GHG emissions has emerged as a significant global, environmental issue” (Oberhelman, 2008). "Our Climate Leaders goal is a proactive step indicative of our commitment to drive energy efficiency and carbon reduction throughout our operations." (Oberhelman, 2008) To say the least Caterpillar is a driving force in their economic environment and has very well carried the market in the past few fiscal quarters. For over eighty years,
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This note was uploaded on 02/17/2012 for the course ITCO 101 taught by Professor Gugenhiem during the Spring '12 term at AIU Online.

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Lower Division Capstone_Unit5_IP - ELEMENTS OF BUSINESS -1-...

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