SCENARIOS
Eastman Kodak Co.
As the head of Eastman Kodak Co.,George M.C.Fisher devised a plan to save Kodak from being trapped in the slow growth photography industry,hobbled by huge debts,a dysfunctional management culture,and a dispirited workforce.At the time of his takeover of Kodak,the product development and sales functions for the company were scattered among divisions,and the business mission was ill-focused.Fisher envisioned a long-term strategy in which Kodak focused on its core competencies.By evaluating the pros and cons associated with its various businesses,Fisher decided that imaging was the key to the future.He then sold Kodak's health and household-products arms.He also assembled most of the corporate talent into one division and hired an experienced computer marketing executive to head it.Further,by stressing accountability,quality,and cycle time,Fisher began to transform Kodak's slow moving culture.Fisher believes Kodak could double its growth rate in photography,a tough challenge in a slow-growing market,by becoming more global and by challenging Fujifilm in China.
-Refer to Eastman Kodak Co.Fisher evaluated Kodak's current status based on core capabilities and future expectations.This evaluation process is called a(n) :
A) situation analysis
B) market audit
C) environmental scan
D) profit and loss assessment
E) strategic widow search
Correct Answer:
Verified
Q134: Which of the following statements about marketing
Q135: Effective strategic planning requires:
A) the planner to
Q136: ConAgra Foods,Inc.has decided to sell all of
Q137: SCENARIOS
Eastman Kodak Co.
As the head of Eastman
Q138: Compass is the name of a United
Q140: Compass is the name of a United
Q141: SCENARIOS
Eastman Kodak Co.
As the head of Eastman
Q142: SCENARIOS
Eastman Kodak Co.
As the head of Eastman
Q168: What is marketing myopia? If a movie
Q176: What is a SWOT analysis? How does
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents