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| Topic: |
Business
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| Number of pages / Number of words: |
15 / 4163 |
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Xerox removed itself from the low-end business focusing its attention on the middle-volume markets and high-volume markets, with development of a product to meet these markets. The Company grew at a prodigious rate but with a problem of becoming "internally oriented", in the sense that with no competitors of any notable size, it depended on its own standards and its own internal competition as a means to quantify performance and achievement...
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But Xerox reliance on its own monopoly was to be its own debasement. With the eventual removal of its monopoly in 1973, there was a surge from other corporations to challenge them for the markets. Xerox was always a corporation who relied on producing innovative products, but this diversification was often to no effect...
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