Polaroid Corporation at one time was one of the top 50 corporations in the United States. The company ultimately failed because:
A) it did not keep pace with changes in technology.
B) its managers were too slow in perceiving the need for change.
C) it was not able to change quickly enough to remain competitive.
D) its competitors took advantage of changes in the market.
E) all of the above.

Question

Quizplus · Accepted Answer

Polaroid Corporation failed because it did not keep pace with changes in technology, its managers were too slow in perceiving the need for change, and it was not able to change quickly enough to remain competitive. Additionally, its competitors took advantage of changes in the market.

Polaroid Corporation at One Time Was One of the Top