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Eastman Kodak Analysis 1

Eastman Kodak analysis

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Title: Eastman Kodak analysis

Essay Details:

Subject: Business

Author: Matthew H

Date: July 8, 2015

Level: University

Grade: A

Length: 9 / 2662

Essay text:

His first act, in 1899, was the distribution of a substantial sum of his own money -- an outright gift -- to each person who worked for him. Camera manufacturing in the 1890's. Later he set up a "Wage Dividend," in which each employee benefited above his or her wages in proportion to the yearly dividend on the company stock. The Wage Dividend was an innovation, and represented a large part of the distribution of the company's net earnings. Eastman felt that the prosperity of an organization was not necessarily due to inventions and patents, but more to workers' goodwill and loyalty, which in turn were enhanced by forms of profit sharing...

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