An industry baled up

Article Abstract:

The early-stage wool processor plants in Victoria, Australia is on the verge of closedown due to poor responses from customers and suppliers. The closure of Geelong Wool Combing (GWC) highlights this, Mr. Leigh Schmitt, GWC chief executive, stating that global conditions being the worst, in his 40 years in the wool industry, this viable industry should be baled out and survives even though conditions are challenging.

TEXTILE MILL PRODUCTS, Textile industry, Textile and clothing industry software, Wool fabrics

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Opportunities knock

Article Abstract:

Small and medium sized businesses cannot look for sustainable growth in a market where large companies are well established. Therefore looking for emerging markets where customer problems are poorly dealt, or services or products provided are complex provides the right kind of opportunities to exploit the situation and helps develop one's business.

Management Development, Methods, Growth, Company growth, Small and medium sized companies

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