What Caused Polaroid to Go Bankrupt

question 27

Multiple Choice

What caused Polaroid to go bankrupt?

• A) It failed to have innovative technology and a captive customer base.
• B) One-hour film processing and digital cameras stole its market share.
• C) People who want instant access to their pictures also want a third party involved.
• D) Internet websites such as Flickr and Facebook stole its market share.

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Definitions:

Reproduction

The biological process by which new individual organisms are produced from their parents.

Inductive Reasoning

Drawing a conclusion based on one’s observations.

Deductive Reasoning

Using a general idea to make a conclusion about a specific case.

Subjective Reasoning

Subjective reasoning involves making judgments based on personal feelings, opinions, and experiences instead of objective evidence.