The Xerox Corporation The Xerox Corporation was incorporated ion April 18‚ 1906. The corporation is highly multinational oriented and is divided into four major segments; Document processing‚ insurance‚ third-party financing‚ and finally investment banking services. Xerox corporation operates in the Western hemisphere‚ while its subsidiaries‚ Rank Xerox Ltd.‚ operates in Europe‚ and Fuji Xerox which is responsible for the corporation’s operations in Pacific nations. Before the 1970’s Xerox pretty
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Financial Statement Fraud Analysis “XEROX CORPORATION” The objective of the assignment was to do an analysis of a company’s financial statement and identify areas in where financial fraud may be occurring or has occurred. The company I chose for the assignment was Xerox Corporation (“Xerox”). In my opinion based on the analysis of Xerox financial statements from 1998 to 2000‚ a review of outside sources such as Securities Exchange Commission (“SEC”) filings‚ and other periodical resources‚
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MT5012 2013-02-21 Xerox Case Study Q1. What kind of strategic planning process (bottom-up or top-down) did Xerox follow for its turnaround? What interference can you make about the effectiveness of this approach? I would recognize Xerox’s strategic planning process as a top-down one‚ considering a lot of emphasis in the case is put on the major change achieved by the CEO Mulcahy. This could indicate that many of the ideas regarding cutting costs and regaining growth descended from one person
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Strategic Mistakes by Xerox CEO "Xerox: The Copier Company" epitomizes one of the greatest strategic blunders in the history of high technology corporations. The legacy of C. Peter McColough’s tenure as CEO at Xerox was that he gave away the future of the company while he was at the helm. When McColough took over the reins of Xerox in 1968‚ Xerox was fully enjoying the 40-45% growth in their 80% copier dominated market share. McColough had the vision to see that in the office of the future‚ information
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1) What is the culture of the organization? It has been said that Xerox has a famously strong culture. It is a culture of integrity‚ openness‚ and inclusion. One of the defining characteristics of the Fortune 500 Company is passion. Passion for success‚ new ideas‚ customer service and passion within its employees. The Xerox culture is one of commitment to excellence‚ innovation and sustainability. Xerox operates on its core values of succeeding through satisfied customer‚ delivering quality and
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The Xerox Company makes copiers and ink. They help many businesses to be able to function and communicate. Xerox is a family business. The CEO’s brother and husband both work for the company. However the fact that Xerox is a family business has in no way affected the CEO’s ability to make business or personal decisions. The company’s best interest is always her top priority. The ability to keep her personal and business life separate is a unique characteristic that all successful management
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The structure of the joint venture between Xerox Corporation and Fuji Xerox became an issue in the beginning of the 90´s. The growth of the competence from Canon‚ Richoh and Minolta in the low-end copiers and Kodak and IBM in the high-end has led them to lose market share. The growth of the Asian and South Pacific Market as well as the necessity of Fuji Xerox to be more independent becomes a challenge for the managers of the Xerox Group. We need to find the best practices in product designs‚ manufacturing
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1. ** Is Fuji Xerox a successful joint venture in 1990? How do you measure its performance? Fuji Xerox was definitely a successful joint venture in 1990s‚ and its performance is measured by three different types of category as follows Financial measures Its revenue out of Xerox’s increased by over 20% from less 5% in 1970s to approximately 30% in 1990s. (Refer to Exhibit 1). Also‚ during 1981-1989‚ while Xerox Corporation’s net income increases by only 17.7% from $598 million to $704 million
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achieved swift advancement in a relatively short amount of time at Xerox‚ he is now faced with role options that appear‚ prima facie‚ to be lateral in nature. Clendenin ’s boss‚ Fred Hewitt has made two clear offers to Clendenin: remain as head of Xerox ’s Multinational Development Center (MDC) with a two-year commitment‚ or transition to a staff support position on Hewitt ’s staff. While Clendenin ’s success and ascension at Xerox is attributed to his role at the MDC‚ an additional two-year commitment
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photographic paper and related office equipment‚ Xerox is presently one of the biggest and oldest document-management company in the world. Xerox‚ initially known as Haloid‚ became significantly prominent in 1959 with the introduction of the world’s first plain paper photocopier dubbed as Xerox 914. Utilizing the process of xerography or electrophotography‚ Xerox 914 became an instant office item pursued by countless organizations around the globe. As a result‚ Xerox business opportunities and market share
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