The difficulties faced by Eastman Kodak,Smith Corona.and Olivetti in adapting to radical technological change within their markets point to:
A)The short-sightedness of senior managers in recognizing 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.

Question

Quizplus · Accepted Answer

The statement points to the difficulties that established firms face in adapting to radical technological change, and this is best captured by choice D, which highlights the difficulties that these firms face in building new capabilities in the face of such changes. The other choices are not as specific to the context described in the statement.

The Difficulties Faced by Eastman Kodak,Smith Corona