Xerox

Xerox Corporation's Palo Alto Research Center has developed many technology implements in the technological industry. Xerox has developed many items such as the mouse, the graphical user interface and the mac computer. Xerox has been intervened with many issues that has causes their capital to plummet. Many employees has dropped out of the company such as Steve Jobs to start his own corporation. In 1980 they have lost their standing the photocopier market to canon. Many more employees left to join other company s which had damaged companys relationships with in Xerox. Xerox Corporation's stock price had dropped - being the same in late 2003 as it was in 1961. In 1999, Rick Thoman was assigned the role of CEO of Xerox Corporation. It was him who established "Creative Accounting" which made Xerox's Mexican subsidiary look excellent. Which in the end lawsuits appeared and the company falling because of terrible company policies and organization.

Job Posting

Om Nom Nom is a food retailer that consists of a team of strong senior students with experiences in different areas of retail. Our goal is to provide convenient source of foods that help satisfy consumers needs. As a developing company we are currently seeking marketing experts and accountant seniors.

As a successful candidate in marketing you will be responsible in marketing schemes around the populous Vancouver region. In accounting you will be responsible to record all expenses and transactions of the company.

Key Qualifications:

• minimum completion of Grade 11
• previous experience in retail
• flexible availability (Weekdays 2pm and onwards, open weekends) 
• self transportation 
• strong communication skills
• ability to maintain organized records

Location: East Vancouver

Compensation: $15-30/ hour

Apply today by sending your resume and cover letter to OmNomNom@gmail.com 

We would like to thank all applicants for their interest in this position, but only those candidates selected for an interview will be contacted. 

"The Turnover Essay" Summary

Employee turnover has been a difficult issue for the past years because it can cause operating expenses to increase, as replacing staff requires hard costs, soft costs, and opportunity costs. Profitability of the company will definitely drop because these costs are additional. The cost of turnover has 5 steps the 1^st step is where the employee receives a notice of position and how it will soon be terminated. The next step is the recruitment process where the company spends it's capital in advertising and recruitment resources, in order to have a new team member join. After the recruitment process, selection is next. This is where interviews, background checks as well as reference checks are done to particular candidates. When the candidate has been chosen training as well as orientation are necessary to have knowledge of how the company runs. Lastly there is the last process which is productivity loss. The hospital industry has shown this process very well because the amount of people for higher level jobs is smaller than of the people for low skill jobs. Which in result shows how employee turnover affects the company's expenses, revenues which in the end drops profits. This on going issue can only help company's change procedures and policies for the better.

Benny Chiang, Clement Ip

Business Ventures

The first business idea is to host delievery services. From my own experiences, I find myself often frustrated how the lunch selections at school are so limited. Which forces me to go to stores outside of school to purchase the products I desire. My friends also experience the problem, so I believe that it will be a successful venture idea. We could possibly take orders during break and the morning and deliver items during lunch time. This is also quite a realistic business idea for a student like me, as I will have a small budget and not willing to travel.

Another business idea is I could open a food stand. There are alot of restaurants around the school area that sell popular junk food, but they are not convienient, 7-11 does sell most of the products but at quite expensive prices. They will be the main competition for this venture. We could open the stand during break, lunch, or after school. Having a food safe certificate is a necessity so it would take sometime. Another problem might be low consumers so we would promote our stand everyday. This idea may not be as profitable as there are already alot of options when buying food in the school area but it's a fresh idea and may contribute to higher consumer base.

Sustainability of Businesses

In modern society more businesses are starting to take the environment in consideration before they start producing. Plastic bags and packaging all have now become more efficient in the environment because they are either biodegradable or recyclable. If a business is environmental friendly it helps it in many aspects but mainly it creates a good viewpoint towards the consumer, generating more profits while doing good.

Apple being the giant technology company for selling computers, iPods and phones have really stepped up to represent their name. Apple stresses their green efforts by having their products opt-out from harmful chemicals such as PVC, mercury and arsenic. Also their packaging is biodegradable and made from recycled material.

As a consumer I am proud to support this company because they have definitely achieved the green standards. I believe that most consumers are happy as well therefore creating marketing done by word of mouth which means people putting in good word for Apple. In the end green is the way to go because it helps the world and it helps your status.

The Corporation, business ethics and social responsibilities

It is essential for a business to understand and apply the core fundamentals of ethics and social responsibilities. I believe that businesses have to prioritize the community first over profits because if the community is not cared for there would be no community at all to earn profits from. In today's society it is reckless for a company to have a mind set for just profits because you would have to consider how it would harm the community and environment.


A good example of a business to have a mind set of profits is the situation shown on "The Corporation" because it unveils how some businesses hire young poor children in 3rd world countries to produce products. However these products also are marketed that if the product is bought, partial payments would go towards charities. The businesses that initiate such role, put's on a mask to show their compassion for the community but in reality they are hurting the community to make profits.


Businesses can relate easily relate to players in games. If you're winning and making the viewers happy it shows that you've trained extensively to make them proud. But if you cheat in a game and get caught you get disappointed by the whole community because it shows that you have no skill and no dedication towards impressing the fans. In the end it is essential to just do the right thing which is being ethical because it makes you a better person or a better business.

Do Your Due Diligence Before Buying a Business

Jason Donlynny in his late 20’s has recently bought an existing property management company and he has a few remarkable concepts to tell the media. Donlynny appears to have a commerce degree and accounting background to help ease his accounting work for the company and he says “It was a stable business but it hadn’t grown in recent years so there was great potential there” which is significant because if you have a business background you could search and find out how the company did in it’s past years and from there on you can form many decisions for the business. Another one of his concepts is that buying an existing company has more advantages than starting your own because “There is less risk. The phone rings from Day 1 and you have cash flow and profits from Day 1.” Statistics show that 65% of owners don’t know the value of their business and 93% don’t have an exit plan, these are terrifying results and that is why he says that you should keep in mind to ask about the small financials of the business before buying, for example their bank statements, employee contracts and tax returns. Donlynny concludes by saying this time of the year is a great year to buy business because with 1200 baby boomers retiring every day, there is a perfect opportunity to buy businesses from these retiring owners. - Benny Chiang, Chantelle Morzo, Linda Zheng