Economic Downturn Hits Oz clothing Essay Example | Topics and Well Written Essays - 3750 words

Economic Downturn Hits Oz clothing - look for ExampleThe focus in this paper is on Oz clothing, a manufacturer of clothing in Australia that is veneering serious threats to their operation in the business referable a variety of national problems and excessively due to the policies incorporated by the Australian goernment. The organization spatenot withstand the competition from the foreign competitors in the market and is confront a threat for existence. The Industrial relations and the practice maintained by the organization were poor in nature and are adding up to the resistance in the process of revival. The importance of Industrial relation has been highlighted over here and efforts have been made to identify that how the success of various elements and process in the organization depends on the proper alignment to the Industrial relations. The impact of the policies of Industrial relation on the employees helps to have a suck in understanding on the motivation of the emp loyees. The employees and the fagers of the organization are a prime part and contribute a lot to the organizational success. The organizations should provide proper care and maintain their responsibility towards them by framing policies in line with the industrial relations. The overall problems of OZ clothing can be segregated into two factors, internal and external. The internal factors denote the set of issues which are present within the organization and prevent the organization to reach its desired goals, and the external influences are the factors outside the organization which prevents the shit of the organization. ... The primary reason for the failure of the organization can be contributed to lower resultivity which has occurred due to the adoption of obsolete technologies used by the firm. As a result of the use of the obsolete technology an overall increase in the price of the products per unit is likewise increasing. The company is facing serious issues with the pr ocess of manufacturing. The increase in cost of the manufacturing is in like manner associated with the high metre of labor costs. The process of effective utilization of labor is absent in the company and thus labor has emerged to be a factor of high cost for the company. The skills of the labors in the production department are also under question. The organization also faces serious issues with the line of products they deliver to the customers. The organization generally deals with underwear as their commodity product. Customers believe that their products are not original and are also not fashionable. In earn of the perceptions from the customers the retailers are canceling the orders of the products. The products are also highly priced than the competitors and it is also acting as a major cause for being unpopular in the market. The product designing team of the organization has not brought any inception in the design or the quality of the products and has failed to satisf y the needs of the customers. The absence of fashionable products in their product line has also been a major cause for the customers easily falling to the low priced products outsourced from China. The organization also has low source of capital and this further prevents them to opt for the new technologies or look after