From: Pāvels Kuzņecovs To: Inese Eglīte RBS Professor‚ Marketing Management Riga‚ 22nd of October‚ 2009 Case Study 4 Summary: Eastman Kodak Company – Funtime Film Question: Is Kodak doing the right thing with the decision to have line extension: Gold Plus‚ Royal Gold and Funtime? If we consider protection and growth of Kodak’s total market share to be the key objective then the introduction of a new brand in the Economy price-tier is a strategic MUST. It is crucial to be presented
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Analyzing Managerial Decisions: Eastman Kodak 1) What factors motivated Kodak to change its organizational architecture? When Kodak began making changes to its organizational architecture in 1984‚ its current architecture did not fit the business environment for the industry. The largest factor that motivated Kodak to make this change was increased competition and decreased market share. Until the early 1980’s‚ Kodak owned the film production market with very little competition. This suddenly changed
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Title: Eastman Kodak Company: Funtime Films Question: Is Kodak doing the right thing with the decision to have line proliferation: Kodak Gold Plus‚ Kodak Royal Gold and Kodak Funtime? Support your statement if yes‚ if no‚ please provide practical suggestions what to do instead. Kodak is (in 1993) the dominant market player in U.S. with market share of 70%. In last 5 years the market share of Kodak decreased by 6 %. The main competitors are Fuji Photo Film Co (11% market share) and Konica
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Eastman Kodak Company: Funtime Film 1. Diagnose the reasons for Kodak’s market share loss and make your assessment of the likely development of the market if Kodak maintained the status quo. Kodak has been losing market share for the past five years to the point it has gone from 76% to 70%. The underlying causes that have generated such losses and have ultimately led consumers to favor competing brands with larger growth are: I. Consumers are tending to view film as a commodity‚ often
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Eastman Kodak’s (EK) Mission Statement At Kodak‚ we believe that by doing well by shareholders also means doing right by customers‚ employees‚ neighbors‚ and suppliers. With that in mind‚ Kodak operates its facilities‚ and designs and markets its products and services ‚ not only to increase shareholder value‚ but also to promote development of the individual‚ the well being of the community‚ and respect for the environment. Kodak Values & Mission All of us at Kodak work from a set of core
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Datamonitor’s Eastman Kodak Company - SWOT Analysis Company Profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations‚ history and products‚ and provides summary analysis of its key revenue lines and strategy. Eastman Kodak Company manufactures and markets a range of consumer and professional imaging products. The company primarily operates in the US‚ Europe‚ Middle East and Africa. It is headquartered in
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Kodak and Fujifilm Assignment 1: Kodak and Fujifilm Gyongyi Molnar Professor David Penkrot Strayer University- BUS 302 November 3‚ 2013 Describe the history and core business of each company. Kodak‚ formerly known as Eastman Kodak Company‚ was founded by George Eastman in 1888. The company’s early success was based on the launch of its revolutionary camera which simplified the photo taking process (Kodak‚ n.d.). Kodak’s main focus was photography and imaging‚ and its products ranged from
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Eastman Kodak George Eastman‚ founder of Eastman Kodak‚ developed the first fully portable camera in 1888. With strict business principles and innovative products he had created a new market with Eastman Kodak as the market leader. Decades later‚ Eastman Kodak was confronted with serious competitors in its traditional camera and film business. Several Diversifications gave Eastman Kodak temporarily leading positions in different fields in commercial imaging‚ medical imaging‚ image storage‚ thermal
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Problem of the case CEO of Kodak had to set out new strategy for film products‚ because during January 17 and January 24‚ 1994‚ Kodak lost 8% in value on rumors if a price cut. Kodak was still a dominant in photo film market‚ but he had a lot of competitors like Fuji Co. and Konica Corp. They were offering consumers lower priced products. Market share of Kodak was falling from about 76% to 70% over the past five years. Kodak introduced new product‚ Funtime Film‚ which would be priced at lower
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Study: The Eastman Kodak Company – a new era in digitisation Question: 1. Discuss the pressures for change Kodak has experienced. Kodak is all the while the leading photography company in the photographic industry. Due to the change from film photography to digital photographic services in the photographic industry‚ the development has caused an organisational change to Kodak. As a result of market pressures‚ the company is now fighting new competitors. This changes had causes Kodak to undergo
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