University Kyle McCluskey Comprehend the Case Situation Eastman Kodak Company is the world ’s foremost multinational corporation that produces imaging and photographic materials and equipment. Its products includes photographic films‚ photo printing‚ film cameras‚ digital picture frames‚ instant cameras‚ image sensors motion picture‚ TV production‚ consumer inkjet printers‚ and ink cartridges. Kodak also provides home service for other devices‚ such as printers‚ microfilmed machines
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Kodak’s Resource and Capabilities For Kodak‚ identifying its resources and capabilities is critical to redefine its sustainable competitive advantages in this technologically fast-moving field. After almost a century of global leadership in the photographic industry‚ Kodak is a well-recognized brand name worldwide. This respected brand image will enhance Kodak’s ability to introduce new products to consumers especially in a market where technological change creates barriers and uncertainty to them
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LaNeisha Hamilton Kodak and Fujifilm BUS 302 Professor Mary Lind July 27‚ 2013 . Growing up in a family that loves taking pictures and capturing moments. Kodak and Fujifilm played a huge role and are known companies to me and to many other households around the world. When it comes to the history and the competition few people know. The difference in management strategies plays a key role in the way the two companies’ embraced innovation. Complacency and slow adaptation
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helpful to companies like Kodak because it lets them see who their customers are‚ so they can market specifically to them‚ and it lets them know what their customers are purchasing. If these companies did not have customer databases then they would have to find another way to gather the same information‚ IE: surverys. The information that gets housed after a customer purchases something is crucial in marketing strategies and production strategies. A company like Kodak could figure out which product
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Introduction Eastman Kodak Company‚ commonly known as Kodak is an American multinational imaging and photographic equipment‚ materials and services company headquartered in Rochester‚ New York‚ United States. It was founded by George Eastman in 1889. Kodak is best known for photographic film products. During most of the 20th century Kodak held a dominant position in this sector. In fact‚ Eastman Kodak Co. is one of the dominant market share holders within the camera and other photography-related
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ideas in the case. Thanks. Kodak and the Digital Revolution 1. Evaluate Kodak’s strategy in traditional photography. Why has the company been so successful throughout the history of the industry? Kodak sought to deliver a low cost easy to use product to the consumer. Their main focus was to drive film sales and enjoy profit from that. This allowed them to sell cameras at a very low cost‚ but still profit from the film sales these cameras created. Additionally‚ Kodak film was the most easy to
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slowdown * External changes (government‚ politics‚ taxes‚ etc) * Exchange rate fluctuations * Lower cost competitors or imports * Maturing categories‚ products‚ or services * Price wars * Product substitution ------------------------------- Rivalry with Fujifilm[edit] Japanese competitor Fujifilm entered the U.S. market (via Fuji Photo Film U.S.A.) with lower-priced film and supplies‚ but Kodak did not believe that American consumers would ever desert its brand.[30] Kodak passed on the
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Kodak and Fujifilm The film industry has undergone several changes over the years. Kodak was the pioneer in the industry dominating the United States market as well as many other parts of the world. Kodak specialized in the photographic film and camera market which enabled it to rapidly expand its operations. However‚ technological changes in the industry saw a shift from the film to digital photography. Kodak was slow in responding to the market which led to its loss of market share to Fujifilm
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Kodak in Russia In the early 1990s‚ Kodak entered Russia. At the time‚ the country was deep in the middle of a turbulent transition from a Communist-run command economy to a fledgling democracy that was committed to pushing through the privatization of state-owned enterprises and economic reforms designed to establish competitive markets. Kodak’s entry into this market posed a number of challenges. Russian consumers had little knowledge of Kodak’s products‚ and the consumer market for photography
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Tsiklauri Case: Eastman Kodak Company: Funtime Film Problem Definition: From the beginning of the case Kodak’s problem is clearly seen. During January 17 and 24 Kodak stock had lost 8% in value. Also Kodak market share fell by 6%‚ from 76% to 70% over the past five years. Also the market annual unit growth rate averaged only 2% while the main competitors’ averages were much more impressive – 15% of Fuji and Polaroid and 10% private labels. The problem is that Kodak is losing its market share
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