Which of the following actions was taken by Kodak when implementing change to the digital camera market?
A) Cutting shareholder dividends and raising capital for new technology purchases
B) Executive pay bonuses linked to increased downsizing
C) Massive advertising increases and personnel decreases
D) The filing of numerous patents and lawsuits to protect new and emerging technologies developed by the company

Question

Quizplus · Accepted Answer

Kodak cut shareholder dividends and raised capital for new technology purchases, as they shifted their focus towards digital cameras and away from traditional film-based products. This decision reflected a recognition of the need to invest in new technologies to remain competitive in the changing market.

Which of the Following Actions Was Taken by Kodak When