- Question one Malden Mills is a textile industry located in Lawrence, Massachusetts that had to be rebuilt after the company premises erupted into flames in December 11, 1995. Aaron Feuerstein the CEO and owner of the company responded fast and successfully resolved the crisis through sacrificing the company finances.
This was achieved through transparent communication with employees where the latter were paid their dues for subsequent months despite the crisis. The dedication of Malden Mills to its employees, industry and the community during reconstruction was a remarkable occurrence in business management.
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