Market Maturity as a Cause of Caterpillars Restructuring
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Controlling Strategy: Management, Accounting, and performance Measurement, Oxford University Press, Oxford.... In the 1990s, the company initiated a restructuring process in order to enhance its performance.... In order to maintain competitiveness, firms require instituting a balanced set of nonfinancial and financial performance measures, which have a direct relationship with the firm's objectives, mission, strategies and vital success aspects such as productivity, flexibility, quality, customer delivery and monetary performance (Chapman 2005, p....