An example of competitor myopia was when Fujifilm sales unsuspectingly surpassed those of Kodak.

Question

Quizplus · Accepted Answer

Competitor myopia refers to a company's excessive focus on their direct competitors and ignoring wider industry trends and changes. In this case, Kodak was too focused on competing with Fujifilm and didn't anticipate the rise of digital photography, which ultimately led to Kodak's downfall. So, the statement is false as it is describing the failure of Kodak due to competitor myopia, not the success of Fujifilm.

An Example of Competitor Myopia Was When Fujifilm Sales Unsuspectingly