01 Nov economy
Each assignment must be related to articles below. And each one must be at least 250 words in length or 1-2 paragraphs. Your paper must be in response to prompts and/or questions posed each week. Be sure to answer all the questions within each discussion forum
• Reference scholarly or peer-reviewed sources to support your discussion points, as appropriate using
APA 6th edition citation.
The Role of the Manager
The organizational chart or the structure of the company and the relationships among its jobs and responsibilities is set up as follows: CEO, Vice President, Director, Manager—each performing separate and critical functions, thereby enabling the organization to function, meet its obligations, and to turn a profit (Reh, 2018).
You will read the Eastman Kodak Company case study. In 1974, Eastman Kodak controlled 90 percent of the film market. By the late 1970s, Eastman Kodak controlled 85 percent of the camera market, and it employed over 60,000 people. Its dominance in the paper film industry led to government action. What many people do not know is that one of Eastman Kodak’s engineers invented the first digital camera. Eastman Kodak invested in the development of the camera, but leaders in the company delayed the release of the camera in fear that it would impact the paper film business.
As a manager for Eastman Kodak, how would you have acted in 1974? Would you have delayed the release of the first digital camera? Would you have sided with the leaders and delayed the release? Provide reasons for your decision.
Seattle Kingdome Project
In 1995, a $50 million major renovation project for the 19-year-old Seattle (Washington) Kingdome was completed at nearly $18 million over the initial budget. Several million dollars in other expenses were incurred during the renovation phase, including payments to the Seahawks football team and the Mariners baseball team for lost revenue because they were unable to play in the Kingdome.
If you were on the Seattle city council, what budgetary and economic information would you have requested to determine whether the renovation project was a sound investment? Justify your requests for information.
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