Preview

Kodak vs. Fujifilm

Good Essays
Open Document
Open Document
1115 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kodak vs. Fujifilm
Kodak and Fujifilm
Calandra J. Davis
Professor Michael Curran
BUS 302: Management Concepts
February 2, 2013

History and Core Business of Kodak and Fujifilm
Eastman Kodak which, is headquartered in Rochester, NY was founded in by George Eastman, who patented photographic film which were stored into a roll in 1884. The first roll film cameras that this company produced were called Kodak. The cameras became so successful the “Kodak” word was incorporated into the name in 1892. By 1900 he had perfected the first camera which was called the “Brownie” to take advantage of his invention. George Eastman, coined the famous slogan “You press the button, we do the rest.” In most of the 20th Century this slogan came to define Kodak. By 1902, Kodak established a British Head Office in London. Eastman built a foundation of his business on four basic principles; mass production, international distribution, extensive advertising, and focus. Eastman believed that all four of these principles being closely related. Mass production could not be justified without wide distribution. Distribution needed the support of strong advertising from beginning he imbued the company with the conviction that fulfilling customer needs and desires is the only road to success. Eastman added three policies with his four basic principles: * Foster growth and development through continuing research * Treat employees in fair, self-respecting way * Reinvest profits to build and extend the business
In 1930, Eastman Kodak Company launched on Dow Jones Industrial Average Index where it would remain for 74 years. Throughout the years, Eastman Kodak film were used to capture some very historic moments; in 1969 film used on the Apollo 11 missions were manufactured by Kodak. By 1975, Kodak was the first company to build an actual working digital camera which launched off throughout the years causing Kodak in 2004, to stop selling film cameras in face of increasing popular digital

You May Also Find These Documents Helpful

  • Powerful Essays

    Kodak is best known for photographic film products. Kodak fixated on digital photography and digital printing and attempted to produce revenues through aggressive patent litigation. With the slogan "you press the button, we do the rest," George Eastman put the first simple camera into the hands of a world of consumers in 1888. In so doing, he made a cumbersome and complicated process easy to use and accessible to nearly everyone. (Muinr, K. (2012).…

    • 2126 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    When Kodak began making changes to its organizational architecture in 1984, its current architecture did not fit the business environment for the industry. The largest factor that motivated Kodak to make this change was increased competition and decreased market share. Until the early 1980’s, Kodak owned the film production market with very little competition. This suddenly changed when Fuji Corporation and many other generic store brands began producing high quality film as well (Brickley, 2009, p. 358). Another factor in this change was technology advancements. As technology rapidly expanded in the 1980’s, other competitors obtained the ability bring new products to market in a much shorter timeframe (Brickley, 2009, p. 358). Film and related products became more readily available, resulting in a more competitive film production industry. With this changing market environment and technological advancement, Kodak lost its monopoly in the film production market and was forced to make a change.…

    • 824 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    baye kodak case 6e

    • 5717 Words
    • 19 Pages

    Kodak began to market a color slide film called Kodachrome in the late 1930s, and a…

    • 5717 Words
    • 19 Pages
    Powerful Essays
  • Satisfactory Essays

    As the photographic market had a significant transformation due to the technology in the last five years, Kodak, one of the leaders in this industry is currently straggling with the transformation and end up losing sales in the traditional photographic market. Moreover, the intense competition in the digital camera market has driven the profit margin to a razor-thin level.…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Photography Timeline

    • 427 Words
    • 2 Pages

    1888: First Kodak camera, containing a 20-foot roll of paper, enough for 100 2.5-inch diameter circular pictures.…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Kodak Case Study

    • 4203 Words
    • 17 Pages

    This essay attempts to analyse the strategic position of Kodak through different models/tools of strategic audit. The first section of this essay describes the context of strategic position and introduces the background of Kodak and its strategic position in present.…

    • 4203 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Kodak-Fujufilm

    • 2606 Words
    • 8 Pages

    Kodak and Fujifilm are both extremely well recognized names in the photographic film industry. These two companies became two of the bestselling brands in history. Both companies had innovative products throughout their history that created a competitive advantage. Both companies prided themselves on creating value oriented products. While Fujifilm is still a global leader today in more than just the photographic film industry, the once great Eastman Kodak Company is struggling to remain a viable business, and has almost completely fallen by the wayside.…

    • 2606 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Kodak Case

    • 3037 Words
    • 13 Pages

    Kodak has had strong, strategic methods throughout its rise in the digital and became successful because of it. Being one of the first companies to invent dry-plate formulas and film to create pictures helped Eastman Kodak Company rise above all others. With a motto like “You press the button, we do the rest”, Kodak’s reputation for simplicity and ease of printing pictures has kept them far ahead of the pack in the film industry. They set trends in the film world in everything from film to color but have faltered in recent years with the advent of digital imaging. Kodak remained a top selling company throughout its history of leading the film industry with sales in 1981 at around $10billion. They are a classic company that has been around for as long as anyone can remember and they still serve consumers exactly what they want. Kodak has also been able to keep themselves afloat because they have merged with other businesses to increase their product offerings. Acquiring parts of IBM, Kodak was able to unite with firms such as Clinical Diagnostics, Mass Memory, and other chemical/health lab research firms. Other industries, like Fuji Photo Film Co. threatened Kodak with its coming to America and the introduction of new products such as disposable cameras and 400-speed color film. Kodak did not let this bring them down; they continued to succeed in their own ways. Colby Chandler, CEO at the time,…

    • 3037 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Kodak’s business was based on the famous ‘razor-blade’ model where they would sell cameras cheaply and make huge profit margins on the consumables, the films. This model so deeply rooted in Kodak’s company culture that it didn’t see itself as something else than a film-making company, Kodak was still in the film business and not in the imaging business. Kodak’s critical issue was in failing to change its business strategy to capitalize off the new technology.…

    • 852 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Kodak Company, founded by George Eastman, is a worldwide US corporation that produces imaging and photographic equipment such as digital cameras, imaging systems and sensors and photographic film. Eastman decided the name of the company should be short, unique and easy to pronounce. Originally the name was “Nodak” chosen by David Houston, a fellow photographic inventor who later sold several patents to roll film camera concepts to Eastman. Houston chose “Nodak” as a nickname of his home state North Dakota. ‘K’ has always been Eastman’s favorite letter. Therefore "Kodak" was trademarked prior to Eastman buying Houston’s patents. Kodak had a simple eye catching logo, showing a red outline of the letter ‘K’ in a yellow background, with ‘Kodak’ written in yellow. In 2006 the logo changed to ‘Kodak’ written in bold red. Kodak has been long known for its wide range of photographic film products, and now its two major markets are digital photography and digital printing. Kodak is also known for being the leading producer of silver halide paper used for printing from film and digital images. Kodak also manufactures photo kiosks, which is something that prints in minutes from digital sources. There is about 80,000 Picture Kiosks in retail locations worldwide. Kodak also markets Picture CDs and other photo related products such as calendars, photo books, photo albums and photo enlargements through retail partners like CVS and Walmart, through its Kodak Gallery online service formerly known as Ofoto. Kodak announced they would end their production of black and white photo paper in 2005. The Kodak DCS DSLR camera series had triggered Kodak’s fame, it included the first commercial DSLR Kodak DCS 100 which was Nikon based. Chinon Industries, a Japanese camera manufacturer, designed and built many of Kodak’s earlier compact digital cameras. In 2004 Chinon joined Kodak Japan with many of its engineers and designers. In 2006 Kodak announced that Flextronics would manufacture and…

    • 521 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    George Eastman in Rochester, New York. With the slogan ‘you press the button, we do the rest,’…

    • 10653 Words
    • 43 Pages
    Best Essays
  • Powerful Essays

    Crisis Analysis of Kodak

    • 1061 Words
    • 5 Pages

    Eastman Kodak CO. which headquartered in Rochester New York, USA, was founded in 1892 by George Eastman. The company holds a vital role in the innovation and development of the motion picture industries as well as the film photographic industry. Kodak organized itself in 3 key segments: the Graphic Communication Group (GCG); the Film, Photofinishing, Entertainment Group (FPEG) and the Consumer Digital Imaging Group (CGD). )…

    • 1061 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Kodak has a long history that spans over 130 years. Founder George Eastman patents photographic film stored in a roll in 1884. In 1888 he implemented the first camera to complement his film roll. Kodak was then founded in Rochester, New York in the early 1890’s and by 1900 the Brownie camera was made a sparked photography to the masses. In 1975 Kodak was the first company to build a functioning digital camera that stored images on a cassette tape. In 2004 Kodak stopped selling film camera due to the increasing demand of digital cameras. As of 2012 Kodak files for bankruptcy due to huge pension cost for workers stemming from 2011 epidemic. Citigroup credited Kodak with $950 million to keep the historic company afloat.…

    • 705 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Kodak

    • 313 Words
    • 2 Pages

    Kodak was founded in 1888 by George Eastman, It started out selling inexpensive cameras, film, chemicals and paper. 1888 Eastman invented rolled photography film. Eastman also came up with an advertising slogan "you press the button, we do the rest" in 1888 Eastman had announced the invention of the photographic film in rolls, and that was the start of his business. He also put his first camera on the market. The First camera was loaded with enough film for at least 100 exposures; it was also portable and can fit in someone’s hands comfortably.…

    • 313 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Portrait Photography

    • 265 Words
    • 2 Pages

    In 1885, George Eastman created paper film. Later, in 1889, he fabricated the more recognizable celluloid film. His first camera, a box-shaped contraption with a fixed-focus lens and one shutter speed, was called a Kodak and hit shelves in 1888. It was the first to be affordable enough to charm the typical consumer.…

    • 265 Words
    • 2 Pages
    Satisfactory Essays