With the advent of scanners and the universality of the portable document format (PDF), the market for optical copiers is shrinking rapidly. Can a company such as Xerox Corporation survive? In this assignment, you will address this question.Research the issues faced by Xerox from 2000 – 2010 and the solutions found using the assigned readings, the Argosy University online library resources, and the Internet. Specifically review the company’s annual report at the following:Xerox Corporationhttp://news.xerox.com/investors/reportsRespond to the following:Identify multiple business pressures on Xerox.Describe some of the company’s response strategies.Identify the role of IT as a contributor to the business technology pressures (for example, obsolescence).Identify the role of IT as a facilitator of Xerox’s critical response activities.Support your positions with reasons and examples based on your research.Write a 3 – 5-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M2_A2.doc.ByWednesday, June 24, 2015, deliver your assignment to theM2: Assignment 2 Dropbox.Assignment 2 Grading CriteriaMaximum PointsDescribed the problems and solutions of Xerox from 2000 – 2010.32Identified multiple business pressures on Xerox and their response strategies.16Identified the role of IT as a contributor to the business technology pressures.16Identified the role of IT as a facilitator of Xerox’s critical response activities.16Writing is clear, concise, and in an organized manner; demonstrates ethical scholarship in accurate representation and attribution of sources; and displays accurate spelling, grammar, and punctuation.20Total:100