Answer the following IN YOUR OWN WORDS. Write a 500- to 700-word response to the following prompts. It will be ran thru a plagiarism checker, thanks.1.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. 2.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.3.Assess what Caterpillar Inc.’s current competitive advantages and disadvantages are by considering their business partners, allies, and general operations. Research the assignment resources listed below. Based on your research, evaluate Caterpillar’s current competitive advantages and disadvantages.References: List a minimum of 2 references researched for this Journal assignment.Strategic Management Project BackgroundCaterpillar Inc. websiteResearch Caterpillar’s Annual ReportResearch CATERPILLAR public information, such as news releases, financial reports, and marketing analyses.Center for Writing ExcellenceReference and Citation GeneratorGrammar and Writing GuidesTHERE IS NO ADDITIONAL INFO. THANKS :-)

this is the repostSubmit your final comprehensive case study analysis. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course. If you have not included it already, please be sure that this final submission includes an introduction section, which provides an overview of the company and some of the key challenges it is facing. Also, please be sure to include a summary/conclusion section that highlights some of your most important recommendations for improving operations at the company. For additional details, please refer to the Final Project Guidelines and Rubric document.This is the final submission for the Operations Management class. This was the class that you did the ''Quality Process and Location Anaylasis'' for.Let me know if you have any questions.You should have a good chunk of the work and research for this because you have done two milestones.

Module Nine Critical Thinking ExerciseThe purpose of the critical thinking exercise assignments is to replicate the type of discussion that would occur in a traditional classroom setting. For each assignment, your instructor will provide a critical thinking topic for you to address with your classmates. Each critical thinking exercise will take place in one week. By Sunday at midnight each week, you will post an initial thread that directly addresses the topic provided by the instructor and you will read your classmates’ threads and post replies. In order to complete each critical thinking exercise assignment, you must post several times.INITIAL POSTSYour initial posts will be due by Sunday of each week of the module. All original threads should be at least 250 words. This parameter helps to promote writing that is thorough, yet concise enough to permit other students to read all the postings. The thoughts and opinions expressed in your thread need to be substantiated by research and literature (from the textbook or outside sources). All references should be in the correct APA style. While this is a formal discussion environment, you are allowed to use the first-person perspective in all your posts since you will be expressing your personal opinions. All original threads should: Bring clarity to the issues being discussed. Raise new and novel (yet relevant) points. Relate issues to personal experience. Rationally defend your stated position.Free Trade in Africa: TFTA and CFTAThis activity is important because, as a manager, you must be able to understand the benefits and drawbacks of regional economic integration and the implications of regional economic integration for international businesses.The goal of this exercise is to demonstrate your understanding of the regional economic integration in Africa.Read the case and answer the questions that follow.On June 10, 2015, representatives from 26 African nations signed an agreement pledging to work together to establish a free trade area that would remove or reduce many tariffs and eliminate time-consuming customs procedures between them. Known as the Tripartite Free Trade Area (TFTA), this common market would encompass more than 630 million people and link together three existing regional trading blocks in Southern and Eastern Africa with a combined gross domestic product of $1.2 trillion and more than $102 billion in trade between member states.The existing regional trading blocks are the East African Community, created in 2000; the Southern African Development Community, created in 1980; and an overlapping Common Market for Eastern and Southern Africa, which also took shape in the 1980s. The East Africa Community has made some progress in fostering trade between its member countries, which include Kenya, Tanzania, and Uganda. Countries in the Southern African Development Community have a common set of external tariffs, and several member states use the South African rand, the most liquid and widely traded currency on the continent.However, the existing patchwork of African trading blocks—there are some 17 in all, with many countries being members of more than one—has made it difficult to realize the gains from trade that could flow from an expanded single market. An African firm selling goods on the continent still faces an average tariff of 8.7 percent, compared with a 2.5 percent tariff on goods sold overseas. Other costs of intra-African trade include often lengthy stops at borders for customs inspection, excessive customs-related bureaucracy and red tape, and a lack of adequate physical infrastructure, including roads and railways. As a consequence of such factors, it can take three weeks for a shipping container to travel the 700 miles from the Kenyan port of Mombasa to Kampala, the capital of Uganda. There are also some vexing local content requirements. The South African Development Community, for example, requires that clothes traded within the region are both manufactured and sourced there to qualify for lower tariffs. However, because few textiles are produced in the region, the rules have stifled trade in garments.For all these reasons, African countries are more likely to trade with Europe and America than they are with each other. Only 19 percent of Africa’s $930 billion in trade is with other countries on the continent. By comparison, some 60 percent of Europe’s trade is within its own continent, as is 40 percent of North American trade. Other factors contributing to the lack of intra-African trade include low industrialization levels, restricted movement of labor, poor infrastructure, and a high dependence on exporting unprocessed commodities in many countries. The thinking behind the TFTA is that harmonizing rules, reducing tariffs, and streamlining or removing customs procedures will allow African firms to sell more goods and services to their neighbors, enabling them to achieve greater economies of scale and lower costs, which would benefit all parties to the agreement. On the other hand, such agreements may prove difficult to reach and, if the past is any guide, even more, difficult to implement, given political realities on the ground. Some observers think that the TFTA is too ambitious an undertaking and that focusing effort on improving the three existing regional groups would yield more gains. It’s easier, they argue, to reach an agreement between five adjacent member states, as in the case of the East African Community, than 26 very different countries scattered over the entire continent. Despite the skepticism surrounding TFTA, Africa nations have even bigger ambitions. In 2016, African leaders committed themselves to establish a Continental Free Trade Area (CFTA) that encompasses all African countries. Two years later, in March 2018, 44 of those nations signed an agreement to create a CFTA. The pact will eliminate tariffs on 90 percent of products, liberalize services, and reduce non-tariff barriers. The second phase of negotiations, to begin later this year, will focus on investment, competition, and intellectual property rights. Proponents of the deal believe that it will merge Africa’s fragmented markets into one large continental market, ignite industrialization, boost economic growth, and create jobs. However, 11 African nations have yet to sign onto the deal, including Nigeria and South Africa, the two largest African economies. While both countries seem to agree with the pact in principle, they view the pact as incomplete. They point out that countries have not yet decided which goods will be excluded from the tariff reductions. Nor have they finalized key annexes to the text. For example, the chapter on “rules of origin” is incomplete, raising the possibility that goods from outside Africa could be imported, have African labels placed on them, and then be traded within the bloc as African goods. There is also strong opposition to the pact from labor unions within Nigeria, who have called the trade deal a “radioactive neoliberal policy initiative.”Sources: “Intra-African Trade: The Road Less Travelled,” The Economist, April 17, 2013; Martin Stevis and Patrick McGroarty, “African Leaders Pledge to Create a Free Trade Zone,” The Wall Street Journal, June 10, 2015; “Trade Within Africa: Tear Down These Walls,” The Economist, February 27, 2016; John Aglionby, “Africa Looks to Boost Growth and Jobs with Free Trade Area,” Financial Times, December 1, 2016; “Why Africa’s Two Biggest Economies Did Not Sign Its Landmark Trade Deal,” The Economist, March 29, 2018.Why do you think free trade areas established so far in Africa have not lived up to their expectations?What will African countries need to do to make the TFTA a success? What are the likely impediments to doing this?