Eastman Kodak

             Eastman Kodak was a company that pioneered the forefront of film technology, but in order for Kodak to remain a viable competitor in the film industry it had to change its business strategy. Entering the photography business as innovators of film and photography equipment, particularly a dry plate coating machine paten in 1879, Eastman was considered differentiators because other companies could not imitate their initial technology. Making their technology available to every one for an affordable price was another one aspect of Eastman Kodak's philosophy. Low cost was made possible by implementing a mass production process. Because mass production could not be implemented without a high demand Eastman Kodak spent an extensive amount of funds in advertisement to promote the usefulness of an easily affordable portable camera.
             In the 1960's Eastman Kodak started to deviate from its core competency, which was producing photography equipment. Eastman Kodak ventured into businesses such as pharmaceuticals and chemicals amongst other business adventures unrelated to the photography business. As a result Eastman Kodak began to lose market share to foreign competition such as Fuji, and Sony who could produce a comparable product that was better for a competitive price.
             In order to be able to compete in the market Eastman Kodak had to liquidate and dissolve its business ventures that were not related to its core competency and focus on what initially established it as a company, film equipment for a reasonable price.
             Although Eastman Kodak had do away with many of its conglomerate business practices it still produces a wide variety of products from digital cameras to hospital
             x-ray equipment. In its operations Eastman Kodak employees over 50,000 people world wide, so in order to maintain and organize a work force of that size it has to utilize several levels of management in all of its business ventures. Managem...

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Eastman Kodak. (1969, December 31). In MegaEssays.com. Retrieved 00:19, May 20, 2024, from https://www.megaessays.com/viewpaper/81063.html