Asked by James Damman on Feb 18, 2024
Verified
Blackberry and Kodak are discussed in the text as examples of companies that were able to successfully change their business models in order to adapt to changes in the market.
Business Model
Describes the rationale of how a new venture creates, delivers, and captures value.
- Recognizing the success of Blackberry and Kodak in changing their business models
- Analyzing the factors that contributed to the successful adaptation of Blackberry and Kodak
- Understanding the importance of adapting business models to changes in the market
Verified Answer
IF
Isaac FlynnFeb 18, 2024
Final Answer :
False
Explanation :
Blackberry and Kodak are often cited as examples of companies that struggled to adapt to market changes, leading to significant declines in their businesses.
Learning Objectives
- Recognizing the success of Blackberry and Kodak in changing their business models
- Analyzing the factors that contributed to the successful adaptation of Blackberry and Kodak
- Understanding the importance of adapting business models to changes in the market