Analyzing Managerial Decisions: Eastman Kodak Victoria Callan Saint Leo University Managerial Economics MBA 540-MBOL4 James Larrieve August 02‚ 2013 Analyzing Managerial Decisions: Eastman Kodak With the slogan “you press the button‚ we will do the rest”‚ George Eastman (a high school dropout) put the very first simple camera into the hands of a world of consumers in 1888 ("History of Kodak‚" n.d.‚ para. 1). For many years‚ Eastman Kodak was virtually the only film manufacturer around
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Introduction: Eastman Kodak Company- “You press the button‚ We do the rest”!!! Who could have missed the catchy advertising slogan of the company who pioneered in the fields of photography for more than130 years. The motto of the company had always been to develop and make simple products that are of good quality‚ long sustainability‚ easy accessibility and easy usage became the world’s archive for photographic images. It was responsible to have invented the very first handheld camera‚ introducing
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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
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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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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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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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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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EASTKOD 1 EASTMAN KODAK CASE STUDY Cathy Jo Biddinger Advanced Auditing Professor June 16‚ 2013 EASTKOD 2 Eastman Kodak Evaluating the financial condition of Eastman Kodak can be troublesome. Per my evaluation of their quarterly report which was found at http://www.kodak.com‚ some red flags have appeared that the auditors should be aware of. These stand out and should have special focus on. This quarterly
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Eastman Kodak Company: Funtime Film Written Case The market for camera films is very competitive. During the five year period from 1988 to 1993‚ Kodak’s market share fell from 76% to 70%. In response‚ Kodak decided to revamp its product line to include Funtime Film‚ a seasonal offering at a low price point. In this case‚ you are asked to decide whether the new product line strategy will lead to a reversal in Kodak’s market share decline. In preparing this case‚ consider 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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