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.