Swot for Top Glove

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 company's 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 produces a high quality gloves. Besides that, Top Glove Corporation is a global presence company which they export their product to more than 180 countries worldwide. Top Glove Corporation has established the Top Glove Foundation to empower, employees based on merit, the needy and the less fortunate. Top Glove Foundation provides their funding for charitable purposes, education by giving out scholarship and provides industrial training and also activities in relation to environment preservation. For example, blood donation, Staff Eye Screening Programme, Star NIE Donation and Bursa Rat Race. At the same time, they work hard to minimize the impact of their business activities on the environment, whenever possible. As a conclusion, Top Glove Corporation always ensures them giving back to the society and corporate social responsibility. Top Glove Corporation get their award from Frost & Sullivan 2009,Best Brands Manufacturing - Rubber Gloves 2007 – 2008 By The Brand Laureate, Asia Pacific Entrepreneurship Awards (APEA) 2008 Entrepreneur of the Year 2008 By Enterprise Asia, Anugerah Kecemerlangan Industri 2007, SME Platinum Award 2007 By SME Association of Malaysia, Enterprise 50 Award Programme 2007 By SMiDEC and Deloitte, KPMG