The Difficulties Faced by Eastman Kodak,Smith Corona

question 18

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 failure of senior managers to understand 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

---

Definitions:

US Laborers

Refers to workers in the United States, particularly those engaged in manual or industrial jobs, and their roles within the nation's workforce and economy.

Foreign-born

Individuals living in a country who were not born there, often contributing to the cultural diversity and population growth of the host nation.

Railroad Industry

A sector of the economy involving the operation of trains and tracks for the transportation of goods and passengers, playing a key role in industrial development.

1870

The year that marks a significant period post-Civil War in the United States, characterized by Reconstruction efforts and the early stages of industrialization.