Assignment 1: Kodak and Fujifilm TALIL ABRHIEM Management Concepts 02/01/14 Describe the history and core business of each company. Kodak‚ which was once known as Eastman Kodak Company‚ was founded by George Eastman in 1888. This invention enabled inventor Thomas Edison to create the first motion picture camera in 1891. Kodak’s photography and imaging was its main big thing and was widely used from photography equipment to film‚ paper and color chemicals. Kodak set the standards high for
Premium Photographic film Camera Digital single-lens reflex camera
Business Practices of Eastman Kodak and Fujifilm: History‚ Approaches‚ Management‚ and Marketing People around the globe use photography as a part of their lives—hundreds of millions of lives. The widespread availability and ease of owning a camera is‚ today‚ now a product of the digital age. Whether picture enthusiasts haveconventional cameras or point and shoot digital cameras to capture their family moments or day-to-day activities or photography businesses capturing consumers’ moments by way
Premium Photographic film Digital single-lens reflex camera Camera
EASTMAN KODAK For many years‚ Eastman Kodak had a virtual monopoly in film production. This market power resulted in large profits. It also permitted Kodak to control the timing for introducing new products to the marketplace and responding to changes in consumer demands. By the 1980s‚ Kodak ’s market environment had changed materially. The Fuji Corporation produced high-quality film that eroded Kodak ’s market share. Increased competition also came from generic store brands. In addition‚
Premium Management Change Decision making
Assignment 1: Kodak and Fujifilm Tina Luke Professor Hogler Business 302 January 31‚ 2013 Academic Integrity Disclaimer I read and understand Strayer University’s Academic Integrity Policy listed in the Syllabus II of our classroom. In submitting this assignment‚ I assert that I acknowledged all sources‚ whether quoted or summarized‚ in APA citation style. I did not receive unauthorized assistance. I understand that violations of the Academic Integrity Policy will lead to disciplinary action
Premium Fujifilm Photographic film Digital single-lens reflex camera
Jennifer Beckner Strayer University Assignment 1: Kodak and Fujifilm BUS 302 Management Concepts Dr. Gary HanneyJuly 27‚ 2014 Kodak and Fujifilm Kodak and Fujifilm are both extremely well recognized names in the photographic film industry. These two companies became two of the bestselling brands in history. Both companies had innovative products throughout their history that created a competitive advantage. Both companies prided themselves on creating value oriented products. While Fujifilm
Premium Photographic film
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
Premium Photographic film Photography
Eastman Kodak Company: Funtime Film Case Analysis Group-5 PGP-RAK‚ 2012-14 PARTICIPANT Ankur Sinha Ishant Singal Prakhar Rathee Sambhav Jain Vikram Singh Shekhawat ROLL NUMBER 2012PGPRAK013 2012PGPRAK023 2012PGPRAK031 2012PGPRAK036 2012PGPRAK039 Situational Analysis Company Eastman Kodak is currently the market leader in the photo film market. The company has continued its domination of the photo film market‚ but in the past 5 years its market share has eased from 76% to 70%. Reason mainly
Premium Photographic film Brand Marketing
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
Premium Advertising Marketing Printing
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
Premium Camera Photographic film Digital single-lens reflex camera
supplies‚ but Kodak did not believe that American consumers would ever desert its brand.[30] Kodak passed on the opportunity to become the official film of the 1984 Los Angeles Olympics; Fuji won these sponsorship rights‚ which gave them a permanent foothold in the marketplace. Fuji opened a film plant in the U.S.‚ and its aggressive marketing and price cutting began taking market share from Kodak. Fuji went from a 10% share in the early 1990s to 17% in 1997. Meanwhile‚ Kodak made little
Premium Digital single-lens reflex camera Camera Photographic film