Kodak is a prime example of a company restricted to chemicals and film, because it had no possibility of gaining expertise in digital technology, despite trying hard to do so.

Question

Quizplus · Accepted Answer

While Kodak did struggle to adapt to the rise of digital technology, it did make efforts to enter the digital market through acquisitions, partnerships, and investments. It even produced digital cameras and printers. However, it was unable to successfully transition from its traditional film business and ultimately filed for bankruptcy in 2012.

Kodak Is a Prime Example of a Company Restricted to Chemicals