The role of the manager discussion in Economics for managers

Instructions: In this discussion, you will need to post your response (no fewer than 200 words and including citation and research) before you can see a classmate's response. You are required to respond to three different classmates. (No fewer than 100 words). Please remember this post and your replies to classmates are due Thursday by 11:59 pm. You are required to cite material from your reading in your post. You may cite material from the lecture or other sources. Please do not include my Discussion in your response.

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 later in this course. You are not required to read it for this Discussion. 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.

You must first post your answer(s) before you can see the other students’ posts. Submit your initial post(s) early in the module.

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Reh, F. J. (2018, November 01). Here Is a Look at the Role and Responsibilities of Today's Manager. Retrieved from http://www.thebalancecareers.com/what-is-a-manager-2276096