Swot for Top Glove - 935 Words

SWOT analysis is a useful tool for understanding and decision-making for all sorts of situations in business and organization. SWOT analysis can be classified into internal and external factors affecting a company. The Strengths and Weaknesses of the SWOT analysis represent the internal factors that influence the viability of the company. While the Opportunities and Threats, on the other hand, are the external factors that may affect the companys performances. A SWOT analysis provides more understanding of the organization in relation to its internal and external environment so that manager can formulate better strategy in pursuit of its mission. Strength Top Glove Corporation has a largest market share in glove industry. This company†¦show more content†¦Weaknesses Glove is produce by rubber which is not environmental friendly product. Rubber is a non-renewable resources and it cannot be reuse and recycle. Rubber is widely use in the health and medical field; these glove cannot be reuse again due to the sanitation condition. If we do not address this glove properly, it will cause pollution indirectly. This company also doesn’t have any long-term contracts with other companies hence the stability of the cash flow of the company is not steady even this company is a worldwide company. Top Glove Corporation is lack of brand portfolio because this company only have three brand which is ‘Top Glove’, ‘TG Medical’, and ‘Great Glove† which account for thirty percent of its production. This would make the company to invest in a brand-building exercise when the market reaches a point of saturation in order to defend its market share. Protein allergy is one of the company problems. Although the issue was once mu ch debated, it has subsided in the US as naturalShow MoreRelatedNike, Clothing, Fashion Accessory, Foot Wear, Sports Equipment824 Words   |  4 Pagesathletic shoes and apparel for soccer, basketball, tennis, football, Running, golf, the Jordan brand, Men’s Training, Women’s Training, Action Sports. 2. Equipment: Nike produces sporting equipment which include sports balls, eyewear, skates, bats, gloves, golf clubs, and other equipment designed for sports activities. Competition: Reebok, Adidas, Under Armor Stock Exchange: NYSE Ticker Symbol: NKE Outside Auditor: PRICEWATERHOUSECOOPERS LLP B. Brief History of Nike: Nike, Inc. was founded on JanuaryRead MoreTop Glove Company Background8559 Words   |  35 PagesCompany Background. History Established in 1991 with only one factory and three production lines, Top Glove has since grown by leaps and bounds to become the worlds largest rubber glove manufacturer. 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