Swot for Top Glove free essay sample

SWOT investigation is a helpful apparatus for comprehension and dynamic for a wide range of circumstances in business and association. SWOT examination can be arranged into inward and outside components influencing an organization. The Strengths and Weaknesses of the SWOT examination speak to the inside components that impact the practicality of the organization. While the Opportunities and Threats, then again, are the outside elements that may influence the companys performances.A SWOT investigation gives all the more comprehension of the association according to its inward and outer condition with the goal that chief can detail better technique in quest for its strategic. Quality Top Glove Corporation has a biggest piece of the pie in glove industry. This organization creates a great gloves. Other than that, Top Glove Corporation is a worldwide nearness organization which they trade their item to in excess of 180 nations around the world. Top Glove Corporation has set up the Top Glove Foundation to engage, workers dependent on merit, the penniless and the less lucky. We will compose a custom exposition test on Swot for Top Glove or then again any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Top Glove Foundation gives their subsidizing to beneficent purposes, instruction by giving out grant and gives mechanical preparing and furthermore exercises corresponding to condition conservation. For instance, blood gift, Staff Eye Screening Program, Star NIE Donation and Bursa Rat Race. Simultaneously, they strive to limit the effect of their business exercises on the earth, at whatever point conceivable. As an end, Top Glove Corporation consistently guarantees them offering back to the general public and corporate social obligation.

The sport that I am working to improve is hockey as it is the main sport that I play Free Essays

The game that I am attempting to improve is hockey as it is the fundamental game that I play. I as of now play for my school first XI and furthermore for a club group. I play around five times each week, which incorporates the matches of around two per week on normal in addition to instructional meetings. We will compose a custom paper test on The game that I am attempting to improve is hockey as it is the principle sport that I play or on the other hand any comparative theme just for you Request Now During every week I have one wellness meeting so as to keep up the level that I have reached up until this point. I am sure with all parts of my game yet every one of them require continuous improvement. Hockey requires a wide range of aptitudes and capacities. During a round of hockey the players are required to do developments, for example, extending, quick reactions to various activities of the adversaries, and to keep up an elevated level of action all through the match/game. Initially, speed and nimbleness in a match are imperative to permit the player to contribute completely to his job in the game whether it be protecting or assaulting. They are required in the case of attempting to find a player or move away from them. Adaptability gives the player a more extensive scope of development, which would help in both assaulting and protective situations. Players must have the option to keep up an elevated level of cardio-vascular and strong perseverance all through the game with the goal that it doesn't affect their general execution. My present action levels are high with myself playing hockey (regardless of whether it is a match or preparing) on Wednesday, Thursday, Friday, Saturday, and Sunday. Every meeting goes on for around one and a half to two hours. The meetings are not generally simultaneously of day with them changing from early morning to late night. Notwithstanding this I play different games at the end of the week including matches and training meetings. At whatever point conceivable during the week I have one wellness meeting comprising of about 30minutes. This permits me to keep up the degree of wellness I have just accomplished in the season. I play in a cautious situation in a round of hockey and in this manner I should have brisk responses so as to have the option to react to the developments of my rivals. Additionally I should have the option to remain with the rival when stamping them and this requires both speed and perseverance. Speed is required so I can stay aware of the assailant, which gives me a possibility of handling him, and perseverance is required so I can remain with the individual for significant stretches of time. I know from my own experience that I have positive qualities and shortcomings. My continuance is one of my qualities despite the fact that it can even now be improved significantly which would have gigantic enhancements for my general game play. The shortcomings are as deftness and runs and these are both critical moreover. In the runs, it is the start of the running that is moderate, which permits the aggressor to escape from me in a game. Spryness has no particular region to focus on so the whole zone should be improved. By improving my run speed it would put me at a greater amount of a preferred position against different rivals than I had previously. It would permit me to remain with them and keep put focus on them as opposed to me continually attempting to find them which doesn't squeeze. They would not have as much time to get ready themselves as I would be there in an a lot shorter time. Readiness would have an enhancement for each part of my game whether it is guarded or assaulting. It would improve my time it takes to alter course and furthermore permit me to work better at various levels whether it be up or down. Continuance would improve my game all round likewise particularly in the last quarter of the matches. I would be less exhausted and consequently less inclined to settle on an ill-advised choice or to play an awful pass which typically happens when a player starts to get exhausted. This would set me at a bit of leeway against most different players, as I would have the option to respond to various circumstances all the more properly. Step by step instructions to refer to The game that I am attempting to improve is hockey as it is the fundamental game that I play, Papers

Complete Guide to Dynamic Pricing

Complete Guide to Dynamic Pricing Most Europeans and Americans are used to paying one price for everything. When you go to the supermarket or shop online, you are probably going to pay the price that the merchant sets for you. Of course, you can shop around or find discount codes but generally, when the price tag says $4.99, that is the price you pay.But all of this could soon change. Retailers and service providers are slowly adapting a pricing strategy called dynamic pricing. Dynamic pricing is not a new phenomenon. However, its popularity lately has turned it into a buzzword that some of the world’s biggest brands are talking about. In this guide, you will learn 1) what is dynamic pricing, 2) what are the benefits of using dynamic pricing strategies, and 3) how to implement dynamic pricing in your business.WHAT IS DYNAMIC PRICING?Dynamic pricing is a term that is used to describe a buying experience where prices fluctuate based on different algorithms used by the merchant. Dynamic pricing is a blanket term but there are several different experiences that a customer might see.For example, a retailer might drive prices up when an item is in demand. When the market demand falls, the retailer would then adjust its pricing to a lower figure to match that. This would capitalize on the moments when people are buying and help drive demand up again when it falls.Another example of dynamic pricing is if a coffee shop raised the price of coffee drinks between 7:45 and 9:15 AM. Since this is the peak time of the day for coffee drinking, coffee shops can make more money off of every cup sold since the odds that customers wou ld pay a few cents more for coffee before work are high. Alternatively, the coffee shop could also drive up the prices for drive-thru orders if is raining or snowing. This would offset the costs of losing customers because of backed up service. It would also encourage more people to come inside and be tempted by up-selling strategies.There are several other examples of dynamic pricing that currently exists in the market. The way that airlines price flight tickets is the perfect example of the use of dynamic pricing in the current market. Airlines will price tickets differently based on customer status and based on demand. For example, a commuter flight from New York City to Chicago will be far more expensive at 6 PM on a Friday than it might be on a Wednesday afternoon. This is because there will be more people travelling home after work on a Friday afternoon. It is also because there are more business travelers on these flights who can afford to pay more for flights because the mon ey comes out of a business expense account.Hotels also offer a great example for dynamic pricing. Hotels will offer customers who book directly or book through the hotel’s loyalty program cheaper rates than may be found elsewhere. Some hotels will even match discount bookings by 25% in order to combat the loss of revenue to budget travel websites. However, hotels are infamous for raising prices during high demand seasons. Anyone looking for a hotel in San Francisco during a conference will pay an extortionate amount of money compared to days where there are no events on in the city.Gas station prices also fluctuate significantly. Common wisdom suggests that it is less expensive to purchase gasoline in suburban areas or rural areas because there is less demand than in the city. Gas prices may also fluctuate based on the time of day or according to the price of oil on the market.Financial institutions are also heavy users of the dynamic pricing system. Banks will offer preferential rates and product to customers who have good credit and a favorable number of assets. The products and services available will vary significantly between customers.Get more insights into what dynamic pricing encompasses by reading through the following slides.[slideshare id=52716451doc=dynamicpricing-150913062614-lva1-app6892w=640h=330]Dynamic Pricing Right NowWhen you think about it, you can definitely think of a few examples of dynamic pricing in your everyday life. If you have ever checked the price of an airline ticket, only to see it skyrocket an hour later, you have encountered dynamic pricing.Dynamic pricing is also used to draw competition away from competing retailers. This explains why you can purchase home goods and electronics at shockingly different prices even when you are shopping within the same geographic area.Because customers now have the ability to extensively research prices in real time, retailers and service providers need to be able to remain competitive. The data that comes along with this new ability is also very valuable to merchants. For example, if a cruise line is selling a sailing date at a low price because it has not seen high demand, it can set its algorithm to put up the price for anyone who views the cruise package, navigates away from the page and then returns to it later. While this experience may be frustrating for the customer, it teaches the buyer a valuable lesson: always buy immediately or suffer the consequences of a price surge.Beyond this, dynamic pricing is a great way to offer customers the best deals while still capitalizing on market demand. Dynamic pricing is a great way to offer an elusive deal for the bargain chasers.THE BENEFITS OF DYNAMIC PRICINGDynamic pricing has the ability to widen a business’s profit margins if it is used correctly. The hospitality, travel and retail sectors each have plenty to gain from this method of pricing. This is because they can raise their profit margins from pennies on the dollar to a more lucrative profit precisely when the market demand allows it most.When the profit margin is wider, businesses can focus less on high volume sales. Instead, a business can work on developing its customers so that they become more valuable. After all, a huge number of one time buyers are not as valuable as a reliable bunch of loyal customers.This is because it offers a way for businesses to price its products or services strategically. As businesses move online, they can collect huge amounts of data about their customers. Some of this valuable data includes past purchases, browsing history, payment methods and even the web browser that the customer is visiting the site from. Retailers can use this information to charge a price that an individual customer would be willing to pay. This price fluctuates depending on the customer. It allows businesses to target high-end customers with above-average prices while still appealing to bargain shoppers.Dynamic pricing may sound like it only benefits merchants. However, when it is implemented correctly it can provide benefits for savvy customers, too. This is a part of its appeal for businesses. Customers love to know that they got the best deal on a product, especially compared to their neighbors. This is part of the principle that drives the increasing popularity of shopping events like Black Friday. Customers will go to incredible lengths to get a new TV at a low price. The ability to readjust prices to increase profit margins after these sales would allow retailers to run these events without suffering in the long-term.HOW TO IMPLEMENT DYNAMIC PRICINGDifferent Types of Dynamic PricingSegmented Pricing: Segmented pricing features a pricing strategy that offers different pricing for different customers. For example, high-value customers might be offered prices that are higher because they are willing to pay more money for a faster or higher quality service.Peak Pricing: Peak pricing is used by different i ndustries to charge extra money for the use of services that take place during peak hours. For example, a train ticket may cost twice the price between 7 AM and 10 AM but the price will drop after the peak commuting hours.Time Based Pricing: Businesses use a time based pricing strategy when they charge more money for faster services. Different industries will use this pricing structure to charge higher prices for same-day services. Other ways to implement this structure include charging more for orders that are processed close to the end of business hours.Penetration Pricing: Penetration pricing is a dynamic pricing strategy that involves a business setting the initial price of a product below normal market level in order to drive demand. The low price is designed to reach a large portion of the market but can also be used to increase market share.Changing Conditions: The changing conditions strategy involves a business using a strategy to boost profits when the conditions of the ma rket are changing. For example, when there is a lot of uncertainty in the market or the market opportunity has only a short window of time. This strategy works by lowering the price as sales begin to fall and then raising the prices back up again.Learn how Airbnb is using dynamic pricing to optimize its revenues. Software and ToolsSetting up a dynamic pricing strategy requires you to sift through mountains of customer and competitor data. Almost no company has the time or resources to manually look at every single piece of data to offer the best pricing. As a result, you will almost always rely on software to do the brunt of this work for you.This software will automate the process which allows you to set prices in real time and make decisions quickly. It helps increase profit margins and decrease the costs of getting there. The software is also heavily customizable so that prices can be adjusted according to the metrics that are most important to a business’s sales strategy.What to DoThe most effective way to using dynamic pricing it to use it to motivate consumer behavior. Peak pricing helps widen profits during peak hours. However, it also helps even out your customers by driving more price savvy customers to off-peak hours. This helps distribute your business more evenly throughout the day rather than struggling through surges and troughs.There are also things that you have to do if you want dynamic pricing to work for you. First, you need to be transparent about your prices. Whether it is written in a user agreement or a disclaimer, your customers need to have access to information that informs them clearly that the prices of goods and services are dependent on certain parameters. Although it seems counterintuitive to lay out you price plan, not doing so appears disingenuous and is in bad faith.You should also be sure not to use price discrimination to discriminate against customers. Don’t prioritize consumers with disposable income and big expense ac counts over those who have less disposable income. Having a few big customers who spend a lot of money is only viable when you also have a lot of smaller customers to supplement them.For example, if you used your pricing to attract a few high paying customers and drive away low-end customers, you would find yourself in real trouble should one of the rich customers decide to defect to another brand.Finally, you must make sure that you are using a proper value metric. Value metrics are the measurements that you use to determine what you charge and how you are charging it. You need to make sure that it fits the customer need and is easy for you to understand. You also need to make sure that your metrics can grow and change with your customer base. Carefully monitoring of changes in your customer base are essential for using dynamic pricing effectively.What Not to DoDynamic pricing can be a bad thing for a brand. The key is to avoid too much price discrimination. To understand the diffe rence between acceptable price discrimination and taking dynamic far, it is useful to look at a recent operating issue with Uber.Uber operates a low-cost ride share service. The company implemented a ‘surge pricing’ policy during which Uber will raise the prices of its service across the geographic area. This surge pricing might include peak taxi service times such as rush hour or after a large event ends.However, Uber has been accused of exploiting its customers by using this method. Uber implemented its surge pricing model during a snow storm in New York. Customers complained that the pricing was unfair. This damaged Uber’s reputation in a market where it is already tenuous. While it did not damage the unique value proposition offered by Uber, it did open a door for Uber’s competitors to gain a greater foothold in light of a city of upset customers.Uber makes a great case study because it offers a valuable lesson. You should be sure to evaluate the reason for market demand before driving up prices. If market demand for a new gaming system is going up because of a new launch or a holiday, then adjusting prices is a fair way to capitalize on the market. However, if market demand for bottled water is going up because of a natural disaster, this is not the time to drive up prices on water or other necessities. Though it may not affect your business in the short-term, it will damage your brand when the disaster is over.Ultimately, you can use dynamic pricing to raise your profits. However, you must be careful to avoid looking like a profiteer.THE FUTURE OF DYNAMIC PRICINGDynamic pricing is here and it is here to stay. Since it has benefits for businesses and customers, it offers a new way to price in-demand items which have the potential to boost growth.As businesses learn to communicate the price structure in an effective way, dynamic pricing is likely to become more common place. Currently, those who use this method of pricing include large corporations and retailers like Wal-Mart and Amazon. However, it is worth noting that dynamic pricing could offer real value to the small business sector as well as large corporate chains. This is because dynamic pricing can be used to do more than manipulate customer behavior. It may be able to fine tune individual behavior as well. For the growing small and medium size business market, this could offer real opportunities to make the most of their pricing structure.As dynamic pricing software becomes more advanced, the strategy will become more palatable to customers. Advances in this software and its applications can iron out the kinks that currently irritate customers. The more smoothly these processes are able to flow, the easier it will be to roll out on a wider scale.CONCLUSIONDynamic pricing is already a regular feature of the marketplace. While it is currently used to drive profit margins for large, recognizable brands, it may soon be an option for small to medium size businesses as wel l. While dynamic pricing is of benefit to businesses, it should also offer benefits to customers as well if it is to work effectively. Ultimately, for price discrimination methods to work the way they should, it should not discriminate against all of your customers!