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

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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.Which of the following terms applies to why the development of the digital camera forced Kodak into the innovation stream?


Definitions:

Personal Standards

Individual beliefs and values that guide behavior and decisions, often reflecting what one considers important or acceptable.

Obligations and Responsibilities

Duties and liabilities that an individual or entity is required to perform or adhere to.

Property Tax Purposes

For property tax purposes refers to the valuation and assessment of real estate property to determine the amount of property tax owed to local government entities.

Counteroffer

An offer made in response to another offer, essentially rejecting the original offer and presenting new terms for negotiation.

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