Scanners and Xerox 2 Assignment Example | Topics and Well Written Essays - 750 words

Scanners and Xerox 2 - Assignment Example establishment, the organization, which is currently headquartered at Norwalk Connecticut after migrating from Stamford Connecticut, has overtime been termed by various stakeholders as the ideal document management Corporation. This was major because Xerox Corporation has been at the forefront in management of data worldwide. In the recent past, however, multiple business pressures from various sectors of the economy have threatened the dominance of Xerox Corporation. In this essay, we are going to dwell on some of the multiple business pressures that have been threatening the dominance of Xerox Corporation as well as the strategies that the multinational organization adopted to stay relevant within the market. In addition, the essay touches on the role of IT in creating the business pressures and how IT can be used to avert some of the challenges. One of the most significant pressures that Xerox Corporation has faced is the recent past is the fluctuation in equipment sales. In the past, most of the products and services that were introduced by the American-based multinational were widely accepted within the society. In fact, the revenue that the Corporation used to earn from the sale of equipment was considerably high. In the recent past, however, the Corporation has failed to move some of the innovations that prioritized, making the multinational lose its grasp of the market (Walker, 2003). Another business pressure that has been faced by the multinational is the fact that it has on several occasions focused on high-profit margin businesses instead of investments that have rapid turns of low-margins; consequently, the organization has seen its earnings plunge considerably. Similarly, Xerox Corporation faced exodus of most of their innovative employees who were out in search of greener pastures. Various economic experts hold the belief that Xerox Corporation has been under significant business pressure because it has faced strong competition from other entrants