Professional Documents
Culture Documents
ANSWER KEY
Kodak: What Happened to a Great Company? (3 items x 10 points)
1. The variable of environmental scanning present in the case study is the societal environment,
particularly the technological forces. As mentioned in the case, Kodak grew rapidly on the back of
research and patents that set the standards for decades. However, the company failed to adapt to
new market conditions brought by the innovation in technology and other society related factors.
2. The most appropriate industry analysis tool which could have been employed by Kodak to avoid
the said organizational problem is the SWOT analysis. This tool could have helped the company
assess their internal and external environment, which may result to identification of possible
strengths, weaknesses, opportunities, and threats for the company. Through this method, Kodak
could have formulated the needed plans and courses of action that may have let the company
adapt to market trends and retain its superior competitive position in the market.