Choose A News Article And Break

Article: "The Last Kodak Moment"Source: The Economist Link: http://www.economist.com/node/21542796Introduction and backgroundThe article is focused on the present condition of Kodak as a company and as a manufacturer of cameras. Though Kodak has been a popular name in this industry, some of its technologies have led to self destruction. For example as Kodak came up with the first digital camera, though it should have become a huge success, its competitors took advantage of it and grew this invention to its present strata. Kodak could not cash on its invention and this is a trend noticed in the capitalist markets. Principles of reasoningThe principles of reasoning can be used to break down this article in the following manner:- Purpose: The purpose of this article was to bring out the issues faced in a capitalist system through the example of Kodak. The main aim is to explain that the growth of Kodak was hindered by competition. - Problem: The main problem highlighted here is the issue that Kodak faces due to marketing issues. Marketing is an essential element used in present day organizations. Marketing is an extremely important business activity.- Information: It helps