Narrative 7-3 Kodak Recognized That Digital Photography Was a Threat to the to the Future

question 23

Multiple Choice

Narrative 7-3
Kodak recognized that digital photography was a threat to the future growth of the company. Therefore, the company decided to become a market leader in digital imaging.
-Refer to the Narrative 7-3.In order to maintain a competitive advantage in the clothing industry,Levi's had to create new,more efficient methods of dealing with its suppliers.What is the term for the process of Levi's discontinuing inefficient methods of dealing with suppliers through substituting electronic networks for outdated systems?

• A) dominant design
• B) competitive advantage
• C) innovation stream
• D) comparative differential

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Definitions:

Born On

This phrase indicates the specific date on which an individual was born.

Same Day

A phrase indicating that an event or activity takes place on the current day or within a single day.

Scientific Method

A systematic and empirical approach to research in which a problem is identified, relevant data are gathered, a hypothesis is formulated, and then the hypothesis is empirically tested.

Self-Correcting Process

A method or mechanism that automatically adjusts and corrects its course of action to maintain or return to a desired state or condition.