Q2: How would you evaluate Kodak’s attempts to enter the digital business to date? Kodak was aware of the opportunities in the digital market as early as 1980s and allocated resources into the digital business‚ but the inconsistency of leadership strategies and resistance at the management level made it difficult to embrace opportunities in the digital market and stood out amid rigorous competitions. Kodak spent massive amount of research into exploring digital technologies since 1983‚ after Sony
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Eastman Kodak: Picture Not So Perfect Article: “For Kodak‚ New Risks in Auction of Patents” By: Dana Mattioli Background: The Ups and Downs For the last 100 years‚ Eastman Kodak thrived as an innovator in the photography arena specializing in graphic communications‚ photofinishing‚ and digital imaging (Spector). As an industry leader‚ Kodak was very profitable with a net profit of $2.5 billion in 1999 and has often been cited as being the “Google” of its day (Economist‚ “The Last Kodak
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Case preparation memo GROUP NAME _____________________________ YOUR NAME_________Jordan Lewis_______ CASE __Kodak_________________ 1. What is/are the problem(s) in this case? Keep it to a single statement. At most‚ you may point out a couple of the key questions. The problem in the Kodak case is that Kodak is losing market value because they are reworking their product line‚ causing doubt in customer mindset. They have created the Funtime film to attempt to regain market value. 2. What
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Assignment Questions for Seven Cases Please word-process answers to the questions and turn in a hard copy of your answers on the day we discuss the case in class. Please give elaborate and well-reasoned answers to show that you have grasped the 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
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Statement of Facts Funtime‚ Inc manufactures videogames machines. Funtime‚ Inc encountered decline in profits as a result of the modernized technology. To offset the decline in profits the management team focused on manufacturing economics and increased production by developing an incentive program for production managers whose contribution allowed for an increase in the amount of units produced and a decrease in its cost. The production management team improved manufacturing by increasing the
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CASE STUDY REPORT 1 Case Study On Kodak‚ What Went Wrong? Patricia A. Webster Oklahoma Wesleyan University CASE STUDY REPORT 2 Introduction This case study will analyze what areas of failure caused Eastman Kodak to continue to have continued underperformance and misalignment within the company’s operations. There were four serious counts of corporate failure on the park of Kodak’s strategic planning and decision making. The analysis
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KODAK CASE STUDY SRN 162658 1. Summary 2. Brief Introduction a. Introduction of a Strategic Position b. Introduction of Eastman Kodak Company 3. Analysis of Strategic Position of Kodak a. Analysis of External Environment i. General Environment ii. Industry Environment iii. Competitive Environment of Kodak iv. Introduction of Directional Policy Matrix v. Apply Directional Policy Matrix to Kodak vi. Conclusion b. Internal Resource Audit i. Physical
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KODAK CASE STUDY: MONOPOLY TO OLIGOPOLY BUS 525: ECONOMICS OF THE FIRM Casey Fogerson: 11527549 Nicholas Kramer: 11779949 Maher Yassine: 11776418 Sichao Wang: 11480118 Woo Jung: 10989969 Yi-Chun Lin: 11753536 MARCH 10TH‚ 2014 I. EXECUTIVE SUMMARY Kodak dominated the amateur photography market primarily through its innovative products: color slide film and color photography. Seeing that Kodak monopolized the market‚ the United States government stepped in with the 1921 and 1954 consent decrees
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KODAK AT A CROSSROAD: THE TRANSITION FROM FILM-BASED TO DIGITAL PHOTOGRAPHY Case Objectives and Use After reading and studying this case‚ students should be able to (1) understand the forces of change that were reshaping the business environment for firms in the photography industry in the twenty-first century; (2) understand the risks involved in developing corporate level strategy when the cash cow business is in a declining market; and (3) Understand the risks involved in competing in a
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Memo To: Daniel Carp‚ CEO‚ Eastman Kodak Company Re: Kodak’s Strategic and Industry Analysis Executive Summary: After taking a close look at the photography industry‚ it is evident that there has been a significant shift from the use of traditional film cameras to a market fully fledged and saturated with modern and updated digital cameras and digital photographic tools. As more consumers adapt to this technological change‚ the demand for digital cameras in the market grows substantially‚ which
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