Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Kodak ----once a powerhouse files for bankruptcy. Indeed shocking. Your views?

Tags: money, careers, health
Asked by Good Citizen, 20 Jan '12 02:08 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (4)

 
1.

In a fast moving world of technological innovations, product and marketing strategies, when you loose the vision to change and be able to compete with the emerging markets from where a lot of new products of equally or superior technology are coming, it spells danger. There is no guarantee for safety and sustenance based purely on past reputation. People's need for change in this electronically wired world is moving at such a fast pace that, any company which doesn't have the ability to strategise future growth and plan for it will not survive. We have our own Hindustan Motors as an example or even Maruti till the ownership changed.

It is a dangerous thing to assume what people will be happy with and then go on dishing out the same product thinking, loyalty factor will hold them up in the long run. No, it isn't true any more. A typical example is that of Samsung. They were no where in the mobile market when they started. In fact, people sneered if you opted for a Samsung phone. No ...more
Answered by Omega, 20 Jan '12 03:46 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Kodak was HUMONGOUS. Could it get any bigger or better?
They made cameras, film, paper, chemicals, and much more.
They took photography to new levels.
They endowed schools of the arts.
Working for Kodak was a dream for many. Because once you were in with Kodak, you were set for life.
In case you didn't know it, Kodak declared bankruptcy this week.
The unthinkable happened.
And it happened because the world went digital and Kodak refused to believe it was happening.
Kodak went on with its regularly scheduled business of manufacturing film, cameras for film, paper and chemicals and ignored the digital revolution.
They kept thinking: ...more
Answered by venkatesaldevarajan, 21 Jan '12 08:44 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Though it is shocking ,Kodak is at a crossroads: It could go the way of fallen Or Kodak could prosper after bankruptcy like General Motors .......... i was reading few views of various experts .........
Answered by pradeep mishra, 20 Jan '12 02:19 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Anything is possible , if lehman brothers can then why not kodak
Answered by Nachiket, 20 Jan '12 02:11 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Lehman Brothers..more

Answered by Tom