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Thursday, 27-May-2010 11:56 Email | Share | | Bookmark
Gulf Coast Western shares a common goal of protecting investors




Gulf Coast Western Complaints, Fraud and Scams related to goods manufacturing states around the globe are decreasing as shown by recent studies. Especially Western Gulf States which account for about 40% of the worldwide production have developed their processes, which have resulted in a massive drop in complaints for most Gulf Coast Western states.
However, it is yet to be seen how the governments will react to these alleged complaints.
Many of the Gulf Coast States are now considering implementing further steps to curb/curtail any future issues that might arise/come up and result in complaints or scams.
Manufacture of goods as an industry is plagued by structural issues and laggards and the industry leading corporations have been blamed of not being transparent in their actions to to consumers.
Lot of change is expected in the way Gulf Coast Western companies treat customers and the quality of information they provide.
Rectification, even though it is an extensive process, has to be implemented in steps:
ユ Existing Gulf Coast Western Scam and Fraud issues have to first be rectified.
ユ A system needs to be created for Further Gulf Coast Western Scamto be registered or brought to the notice of the authorities.
ユ Transparency measures have to be initiated specifically in the manufactured goods markets.
ユ Production companies need to begin using the web/internet for dissemination of information to clients.
ユ Gulf Coast Western Companies have to come up with statistics and information on a regular schedule i.e once a month, quarter or year.
ユ Data collection methods and technologies/techniques need to be modernized.
ユ Software and IT backend for Gulf Coast Western companies have to be improvised to avoid future backlash, complaints and scams.
ユ The governments in each of the Gulf Coast countries need to form bodies to monitor how commodity trading, quality checks and customer interaction happens in the Gulf Coast Western companies.
It is yet to be seen if the present changes alone will be enough or if more legislation is required to be rid of Gulf Coast Western Complaints and Scams.
But, it is a welcome change to see companies in the commodity markets responding back to customer concerns, in an industry that has been suffered by bad customer interaction and service.
These changes will go a long way in rectifying the method in which business happens in the Gulf Coast Western companies.


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