How Kodak Went From Photography Icon to Making Drugs

How Kodak Went From Photography Icon to Making Drugs

Assessment

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Business

University

Hard

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Kodak, once a dominant force in the nostalgia market, faced challenges with the advent of digital technology. Despite early innovations like the digital camera, Kodak struggled to transition from film to digital, leading to its decline and bankruptcy in 2012. The company attempted to pivot by exploring new ventures, including pharmaceuticals and cryptocurrency, but faced controversies and financial instability. Kodak's story reflects the challenges of adapting to technological shifts and the complexities of corporate reinvention.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the purpose of Kodak Coin and how did it affect the company's stock price?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the allegations surrounding Kodak's stock price surge after the loan announcement?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways did Kodak's management decisions contribute to its decline?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the story of Kodak illustrate about the nature of corporate longevity?

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