Premium Essay

Joint Veture Between Xerox Co. and Fuji

In: Business and Management

Submitted By hablutzeli
Words 922
Pages 4
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, and management ideas to continue this synergy and fight against the growing competence.

To understand our situation in this case we most analyze how Fuji Xerox became important for Xerox Corporation. In the beginning of the 60´s Fuji Xerox started as a reseller for xerographic products in Japan and Fuji Photo Film was the manufacturer it was a 50/50 joint venture between FX and RX this last one with 50% of profits. Xerox Corporation itself was to have no direct relationship with FX. This relation changes when FX started to develop their own manufacturing capabilities, XC leave them a small budget of R&D and FX Start to create their own models. However competition takes a place in the Japanese market and to counteract it FX launched the “Total Quality Control Program” (TQC) by looking in the customer needs (reduction of costs, elimination of waste and new technologies) they introduce to the market the FX3500 at half price of any comparable, with half number of parts. In the other side of the world (United States and Europe) XC was loosing market share and revenues in all their segments by the entrance of new competitors in the market. This crisis opens the opportunity for XC to start selling products abroad first to Rank Xerox and then to XC, creating competitive advantage for the corporation due to the pricing that XC could provide. In the beginning of…...

Similar Documents

Free Essay

Xerox Scandal

...Mohammad Salahuddin Chowdhury, Lecturer, Department of Finance, University of Dhaka, who has assigned us a fictional case about a corporate scandal. We choose to work with Xerox scandal that took place in 2002. We use our knowledge of audit while working in this report. Also we learn about the ways of accounting manipulations that took place in the real world. Letter of transmittal 12th Nov, 2011 Mohammad Salahuddin Chowdhury Lecturer Department of Finance University of Dhaka Dear Sir Here is a report on the “Corporate scandal of Xerox Corporation”. In this report we have presented the whole history of the scandal, identified the cause of the mishap and showed the result of the scandal. At University of Dhaka, we appreciate having this assignment. If you need any assistance in interpreting this report or if you have any query, please contact with us on the given mail address starz@yahoo.com Sincerely yours, Shahriar Azad Shashi On behalf of the group 2nd Year 2nd Semester B.B.A 16th Batch Department of Finance. Executive Summary On April 11, 2002, the U.S. Securities and Exchange Commission filed a complaint against Xerox. The complaint alleged Xerox deceived the public between 1997 and 2000 by employing several "accounting maneuvers," the most significant of which was a change in which Xerox recorded revenue from copy machine leases – recognizing a "sale" when a lease contract was signed, instead of recognizing revenue over the entire length of the......

Words: 6021 - Pages: 25

Free Essay

Xerox

...Xerox Corporation 1 Accounting Ethical Breaches at Xerox Corporation Taiwan Byrd Xerox Corporation 2 Accounting Ethical Breaches at Xerox Corporation Some of the largest accounting frauds in history occurred in the last several years leading to the well-known scandals in the accounting industry. During the early 2000’s accounting scandals were at the forefront of most business circles and rising to an all-time high in record number of cases being reported (Erickson). This raised the public to question and ask one major question are these scandals of fraud directly linked to the lack of ethics in these company or are they just honest mistakes that need to be fixed. Today businesses have made tremendous strides towards cleaning up the scandals. Businesses today have implemented programs that give the public, stockholders, and investors the belief that they want to take the right steps towards improving this negative environment inside major corporations around the world. The company I have chosen to take a more in-depth look at its ethical breaches and the improvements they have made to improve on those breaches is the famous and most illustrious Xerox Corporation. Xerox was cited for what we would call a major infraction back in the early 2000’s for some of their accounting practices in the late 1990’s. Xerox faced with hard competition from up and rising foreign markets and losing a portion of their core small copier business to......

Words: 1280 - Pages: 6

Premium Essay

Fuji and Kodak

...without traditional film; unfortunately, the idea was dropped because they feared it would threaten the company’s film business (Snyder, 2013). Digital cameras would become common; the technology started to spread and film sales dropped considerably at the late 1990’s. Kodak made a slow transition to digital technology. Unfortunately, their competitors adapted to change. This lead to Kodak’s loss of market shares both in the United States and worldwide. The company filed for Chapter 11 bankruptcy protection. After one year of continuous battle to keep the company “alive”, the court approved financing for them. Kodak sold many of its patents to groups of companies such as; Apple, Google, Microsoft, and others (Snyder, 2013). The History of Fuji Film Fujifilm, a Japanese company, was founded in 1934 (Tsurumi, Y 1999). Like Kodak, Fujifilm focused on photography and imaging. Popularity for Fujifilm grew at an enormous rate. They were in second place in the United States in film usage. Eventually, they began selling globally. Fujifilm made bold moves in American market. They used aggressive marketing and lower prices for their product. The 1984 Los Angeles Olympics marked the turning point of the Fujifilm’s success in this venture, when they became the official film of the event. This placed Fujifilm on the market permanently. The company......

Words: 2226 - Pages: 9

Premium Essay

Xerox

...Xerox “The technicians in the field, they’re the ones that have the knowledge and experience -- and we’re simply using the BlackBerry to capture that knowledge, and move it into our frontend knowledgebase in an effort to increase its effectiveness.” - Gregg Bullen, program manager, Xerox Corporation Case study : Organization The world’s leading document management technology and services enterprise. Challenge Upgrade legacy mainframe CRM and wireless field service systems to empower front-line employees to have a hassle-free and more productive workday, automate and improve service delivery and enhance company knowledgebase. Solution Deploy a state of the art mobile field service solution to further differentiate company in a competitive market. results Increased productivity and more consistent delivery against customer Service Level Agreements (SLA) across all regions and the creation of a cohesive, centralized IT strategy to simplify, control and future-proof the enterprise mobility infrastructure for long-term ROI. Products and Services Antenna Mobility Platform, AMP Management Center and AMP Service mobile app on RIM BlackBerry smartphones. intrOduCtiOn The Xerox Services division of Xerox Corporation is relentless when it comes to customer satisfaction. The company leverages technology to drive innovation to achieve market leadership. Its goal is to deliver quality and excellence across the board and it seeks out the best technology to build flexible......

Words: 1296 - Pages: 6

Free Essay

Xerox

...Assignments for Tuesday: 1. Read the article on Xerox and the Management Fiasco. Bring a write-up of the following: (Typed; proper grammar, sentence structure and punctuation.) * Describe the behaviors of Xerox management noted in the article. * How do you believe the behaviors of the management team contributed to the issues the company faced in 2000? 2. Find/print a news article on a topic you believe is relevant to Organizational Behavior. Provide a brief summary of the key points of the article and how you believe this content is relevant to OB. (Concept Application #1) | | | | | | | | COVER STORY | | | | | | Xerox: The Downfall The Inside Story of the Management Fiasco at Xerox One morning last May, G. Richard Thoman arrived for work to find an urgent summons from Paul A. Allaire, the man he had replaced as chief executive of Xerox Corp. (XRX) just 13 months earlier. Allaire, who had remained as chairman, was waiting next door in his office at Xerox headquarters. A man of few words even on happy occasions, Allaire delivered the bad news without preamble. He said that Thoman's colleagues had lost confidence in him and that the next afternoon the board would announce his resignation. In other words, Thoman, who had left IBM in 1997 to join Xerox as heir apparent to Allaire, would be out of a job in about 30 hours. Thoman was livid, but obligingly fell on the sword Allaire handed him. Late the next day, after the board had announced......

Words: 4624 - Pages: 19

Free Essay

Kodak and Fuji

...photographic division, the new company named Fuji Photo Film Co., LTD which already employed 340 people. The product line included motion picture film, dry plates, and photographic paper. Due to the high prices and low quality of its products the company struggled for three years. Fuji set its first task to build their reputation in the domestic market which seemed difficult due to brand reliability, buyers did not want to lose image quality due to improper products regardless of price. During Fuji’s first three years the company saw constant decline in sales, increased loss, and struggled to pay for expenses to research. Fuji could not expand its company without proper finances if it continued providing the public with low quality products, therefore the company looked to a German specialist which they employed to assist in emulsion technology. Due to Fuji seeking help from outside sources and working together the company was able to introduce the first film as independent in 1936, as well as motion picture negative film which was harder to produce but also demonstrated the company’s ability to be competent in innovation. Fuji built another factory in Odawara in 1938 and color research began in 1939, but due to World War II the researched stopped. In 1945 bombing raids damaged two Fuji factories, but recovery during the postwar era involved more than infrastructural repair. Allied powers allowed civilian trade to resume in 1947 which was when Fuji began exporting to......

Words: 804 - Pages: 4

Premium Essay

Kodak and Fuji

...Kodak and Fuji Film Running head: KODK and FUJI FILM 1 Kodak and Fuji Film BUS 302 February 2, 2013 Running head: KODAK and FUJIFILM 2 ABSTRACT Eastman Kodak Company and Fujifilm are competing corporations in the photography supply and equipment industry. When the industry changed both companies were impacted, but due to differing management practices and ability to adapt to change one Fujifilm excelled while Kodak faltered and eventually declared Chapter 11 Bankruptcy in 2012 Running head: KODAK and FUJIFILM 3 The Eastman Kodak Company, which is better known as Kodak was established in April 1880 by George Eastman in Rochester NY. The company got its start by first manufacturing dry plates for sale to various consumers. (Kodak Eastman, 2013). George Eastman was an innovator in the field of photography and was dedicated to making photography an everyday affair and was even quoted to say that he wanted to make the camera as convenient as the pencil, (Kodak Eastman, 2013) In September 2012 Kodak reorganized into three segments: Digital Printing and Enterprise (DP&E); Graphics, Entertainment, and Commercial Films (GECF); and Personalized Imaging and Document Imaging (to be sold), (Finance, 2013). Kodak has effectively ceased production of its Kodachrome color film line, digital cameras and pocket video cameras. This follows a decision in early 2012 to file Chapter 11 bankruptcy. Fuji Photo Film Co., Ltd (Fujifilm) is a Japanese based company and was......

Words: 1657 - Pages: 7

Premium Essay

Xerox

...1. Outline the management control system at Xerox. What are the key elements that make the system work? The Xerox’s control system was flexible. Each business units developed it annual and long-range plans. Those plans were consolidated into the Business and customer Operations division plans. The feedback system was facilitating the planning process cycle. LTQ( leadership through quality) was a major part of their measurement scheme. The measurement system is composed of financial and operational targets. Management linked growth and profit measures to the unit’s business economy with operational measures linked to world-class benchmarking performance. Employee involve was a main factor of LTQ process. The FEC( financial executive council was established in parallel with the start of LTQ and competitive Bench marking activities. The FEC was developed with the objective of adding value to the management process rather than simply producing financial figures. The informal channel of reporting completed the formal channel thus strengthening and enhancing cohesiveness, integrity in the company. . 2. what recent trends at Xerox do you see influencing the management control process? The LTQ is currently influencing the management control process. There are three important aspects, employee involvement, competitive benchmarking and quality improvement process. Xerox changed its strategy from letting the technology to be the key for the company’s direction to......

Words: 403 - Pages: 2

Free Essay

Xerox

...Xerox Case Study 8.1 Using communities of practice (COP) is likely to bridge gaps between generations in an organization. Studies have shown that workers spend a third of their time looking for information and are five times more likely to turn to a co-worker rather than an explicit source of information like books, manuals, or databases (Davenport & Prusak, 2000). Time is saved by conferring with members of a COP. Members of the community have tacit knowledge, which can be difficult to store and retrieve outside. For example, one person can share the best way to handle a situation based on his experiences, which may enable the other person to avoid mistakes and shorten the learning curve. In a COP, members can openly discuss and brainstorm about a project, which can lead to new capabilities. Employees from different generations can learn from older co-workers experiences. Making the baby boomers programmed decision makers. They will have an automated response to decisions that need to be made because of knowledge and experience that can be shared through COP. The disadvantage of having COP is the setup process. The planning process of starting one usually takes over a three-month timeframe (Colquitt, 2011). Some organizations might not have time to wait on the system. But taking the time to establish a COP in the workplace is worth it as the vice president of Xerox states “The communities of practice also provide a clear roadway to career growth by mapping out......

Words: 662 - Pages: 3

Premium Essay

Culture, Leadership and Staffing at Xerox

...Culture, Leadership and Staffing at Xerox Leadership After much reorganization and movement of leadership, Anne Mulcahy took over the helm of Xerox. Anne was a popular 24-year Xerox veteran promoted to president and chief operating officer when her predecessor Thoman was fired. Anne was a straight talker. She was very decisive in her decision making and took responsibility when she made an error. So much so that analysts were astonished Anne when conceded that Xerox had ''an unsustainable business model.'' However, Mulcahy later backed away from this statement, saying that she meant only that the company needed to cut operating costs and redirect investment from money-losing to high-margin businesses. Bloomberg magazine report on June 14 2001, Anne M. Mulcahy announced that the company was killing its entire line of desktop inkjet printers--a one-year-old business that employed 1,500 people worldwide and had been championed by Mulcahy herself. Mulcahy said that effective communication was perhaps the single most important component of the company's successful turnaround strategy. she emphasized the importance of listening to customers and employees. As CEO, Mulcahy spent the first 90 days on planes traveling to various offices and listening to anyone who had a perspective on what was wrong with the company. I think if you spend as much time listening as talking, that's time well spent. "When your organization is struggling, you have to give people the sense......

Words: 1737 - Pages: 7

Premium Essay

Xerox and Scanners

...Scanners and Xerox This paper will identify the multiple business pressures on Xerox and describe some of the company’s response strategies. Also it will identify two roles of IT first as a contributor to the business technology pressures and secondly as a facilitator of Xerox’s critical responses activities. Identify the multiple business pressures on Xerox and describe some of the company’s response strategies. In the beginning Xerox with its introduction of the Xerox 914 automatic, plain paper copiers) Xerox was empire of the copying industry (Xerox, 2014). With all they had accomplished Xerox had a unique position in the industry. What they did was synonymous with what they performed. In any company to say “I am going to make a Xerox “was a common place. Xerox as time passed new technology and new entrants in the industry began to arise. Between 1995 and 2010 the digital world's challenge for Xerox began to impact the company in a way that they seem to be struggling in with staying vital Domination over Xerox's empire of paper, and paper copiers, seemed inevitable (Scott D. Anthony, 2011). Xerox was stammering with the fierce competition of the Japanese .Xerox was facing extinction and they were in debt. They were in trouble with the Securities and Exchange Commission (SEC) and they had fallen behind in keeping up with the movement of updating with new technology its copiers. , Xerox failed to create growth in new markets, and found itself on......

Words: 1228 - Pages: 5

Free Essay

Xerox Corporation

...Xerox Corporation (A) Article Review Xerox adalah perusahaan yang melayani pemrosesan dokumen secara global dan pasar jasa keuangan. Yang telah mengembangkan, memproduksi,dan memasarkan mesin fotocopi dan penduplikat, produk-produk faksimili, pemindai (Scanner), workstations, perangkat lunak komputer, pasokan, dan perangkat pendukung lainnya di lebih dari 130 negara. Dan adanya operasi-operasi jasa keuangan mereka yang mencakup asuransi, pendanaan peralatan, investasi, dan bank investasi. Xerox merupakan salah satu kisah bisnis yang terkenal di dunia. Dari tahun 1946 sampai tahun 1973, pertumbuhan penjualan per tahun 25 persen, sedangkan pertumbuhan pendapatannya melebihi 35 persen. Adanya catatan yang mengagumkan ini dikarenakan peranan Xerox yang dominan di dataran bisnis fotokopi kertas. Pada tahun 1959 perusahaan memperkenalkan mesin fotokopi revolusioner 914. Generasi peralatan ini, sangat memotivasikan adanya ledakan bisnis usaha fotocopi dari 20 juta kopi hingga 1957 sampai dengan 9,5 miliar kopi pada tahun 1965. Pada tahun 1990 bisnis kopi dunia melebihi 900 miliar kopi. Pada tahun 1970 dimulai adanya hak paten keaslian untukmesin fotocopi, yang ternyata mengundang masuknya para pesaing luar negeri. Pada dekade berikutnya, perusahaan Amerika (Ibm dan Kodak) dan perusahaan Jepang (Minolta, Canon, dan lainnya) telah masuk ke industri fotocopi besar dan kecil. Tampilan satu ini, memberikan adanya ulasan keuangan perusahaan Xerox untuk tiga dekade terakhir. Selama......

Words: 662 - Pages: 3

Free Essay

Xerox

...Case Study 7-Chapter 8 Xerox 8.1 Are communities of practice, which tend to be technology-based, likely to bridge, the generation gap and allow knowledge sharing between the generations of employees at Xerox? Explain. I am still a little unsure about this practice, if they are more technology based I think you may find a harder time bridging that gap with technology. I have observed working in the work force that the older generations (baby boomers) don’t care to learn some of the new technology or they don’t have the patience to learn. I am thinking this is going to make it harder to gap that bridge between users due to one generation being technology driven and the other not. 8.2 Given these generational issues and the type of work life that Xerox employees tend to have, can you think of another possible way to encourage knowledge sharing within the organization? I think sharing with your team members that for an hour each week you pair up with another partner within your work team and do some job shadowing. This way you can have each other watch how routine things are done, maybe each other will learn a little technique from doing job shadowing. After they are done writing a memo about things you’re learned that could help increase how you service clients or complete work task. I feel by doing the job sharing you are having one on one time with 2 individuals and that allows for some communication to be had. 8.3 How might Xerox attempt to break down the......

Words: 405 - Pages: 2

Free Essay

Xerox

...Question 1 Outline the management control system at Xerox. What are the key elements that make the system work? Management control system prior 1980 Xerox focused more on accuracy and rigid systems rather than listening to the customer’s need and preference. For them, their business activities have to operate according to their business plan. The controllers were the numbers people and there have been never sufficient data or analysis to support management decision. Xerox also did not take care of the employees’ welfare and neglect to the good ideas from them. Therefore, some good people left the company. The corporate reporting and planning process was very long and bureaucratic, with more detail than most managers could absorb. Even worse, the reporting formats were not consistent between divisions that lead to the difficulty for the management to make decisions and analyze data. Management control system after 1980 David Kearns who was newly appointed as the chairman in 1982 was well aware of the problems faced by Xerox and hence developed a corporate revitalization plan called “Leadership through Quality” (LTQ). This plan emphasized on three major components which are; employee involvement, competitive benchmarking and the quality improvement process. Employee involvement as mentioned in LTQ is the problem solving process that uses quality circles, people empowerment, Ishikawa’s fish bone chart, and other tools. Competitive benchmarking is a standard for......

Words: 2558 - Pages: 11

Premium Essay

Mount Fuji

... Employers, job seekers, and puzzle lovers everywhere delight in William Poundstone's HOW WOULD YOU MOVE MOUNT FUJI? "Combines how-to with be-smart for an audience of job seekers, interviewers, Wired-style cognitive science hobbyists, and the onlooking curious. . . . How Would You Move Mount Fuji? gallops down entertaining sidepaths about the history of intelligence testing, the origins of Silicon Valley, and the brain-jockey heroics of Microsoft culture." — Michael Erard, Austin Chronicle "A charming Trojan Horse of a book While this slim book is ostensibly a guide to cracking the cult of the puzzle in Microsoft's hiring practices, Poundstone manages to sneak in a wealth of material on the crucial issue of how to hire in today's knowledge-based economy. How Would You Move Mount Fuji? delivers on the promise of revealing the tricks to Microsoft's notorious hiring challenges. But, more important, Poundstone, an accomplished science journalist, shows how puzzles can — and cannot — identify the potential stars of a competitive company.... Poundstone gives smart advice to candidates on how to 'pass' the puzzle game.... Of course, let's not forget the real fun of the book: the puzzles themselves." — Tom Ehrenfeld, Boston Globe "A dead-serious book about recruiting practices and abstract reasoning — presented as a puzzle game.... Very, very valuable to some job applicants — the concepts being more important than the answers. It would have usefulness as well to interviewers......

Words: 78201 - Pages: 313