The Difficulties Faced by Eastman Kodak,Smith Corona

question 31

Multiple Choice

The difficulties faced by Eastman Kodak,Smith Corona.and Olivetti in adapting to radical technological change within their markets point to:

• A)The short-sightedness of senior managers in recognizing the implications of new technologies.
• B)The power of digital technology as a force for creative destruction.
• C)The need for firms to devote more resources to technological forecasting.
• D)The difficulties established firms experience in building the new capabilities.

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Definitions:

Generalize

To make broad statements or conclusions based on a limited set of observations or evidence, applying them widely.

Experimental Group

The group in a scientific study that receives the treatment or intervention being tested, compared against a control group.

Trolled

The act of deliberately provoking or antagonizing others online, often by posting inflammatory or off-topic messages in a community space.

Control Group

In scientific experimentation, a group of subjects who do not receive the treatment or intervention being tested, used as a benchmark to measure how the other tested subjects do.