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Polaroid,founded in 1937,produced the First Instant Camera in the Late

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Polaroid,founded in 1937,produced the first instant camera in the late 1940s.The Polaroid camera,whose pictures developed themselves,was one of the most exciting technological advances the photography industry had ever seen.The company eventually went public,becoming one of Wall Street's most prominent enterprises,with its stock trading above US$60 a share in 1997.In 2002,the stock dropped to 8 cents and the company declared bankruptcy.This is an example of:


Definitions:

Business Practice

Conventional or customary commercial procedures and operations.

Pushing the Law

refers to the act of attempting to extend or apply legal boundaries and rules to their limits, often for strategic or advocacy purposes.

Procedural Justice

The fairness of the processes that lead to outcomes or decisions, fostering a sense of justice based on transparency, consistency, and impartiality.

Policies and Rules

Established guidelines and procedures set by organizations or institutions to dictate acceptable behavior and actions, ensuring orderly function and compliance with standards.

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