Friday, January 31, 2020

Swot Analysis Essay Example for Free

Swot Analysis Essay Top Glove’s strengths and the opportunities available to it outweigh its weaknesses and the threats to its business. Strengths. One of Top Glove’s competitive edge is its size and wide product range. This is in line with group’s strategy of becoming the one-stop glove sourcing centre for glove users. Its size confers on it economies of scale and also the ability to expand upstream. Weakness. We can identify only one weakness in Top Glove. Being an OEM manufacturer, it does not have any products that carry its own brand name. Its size and strong growth could also work against its favour as it makes it more difficult for management to keep a close eye on all its operations. This is demonstrated by the recent illegal labour issue. Opportunities. Opportunities abound for Top Glove. Its expansion plans will enable it to ride on the increasing global demand for rubber gloves and the outsourcing trend by MNCs. Top Glove’s size also places it in a good position to undertake Mamp;As, which are likely given our belief that the local industry will experience more consolidation. Threats. The glove industry has low barriers of entry as only RM1m-1. 5m is needed to start a line. That said, although it is cheap to enter the industry, new players may not be competitive as they have to distinguish themselves from other players and need to compete in terms of volume in order to enjoy economies of scale. Aggressive expansion by the bigger players also poses the threat of an industry glut. Price and availability of latex are also sources of concern given that latex makes up more than 50% of the group’s costs. To mitigate the risk, Top Glove has expanded upstream by acquiring its own latex processing plant.

Thursday, January 23, 2020

The Death of Ivan Ilych by Leo Tolstoy Essay -- Ivan Ilych Death Dying

In life we often think about death and what our life has become. We never suspect that we will become ill and die, and we very rarely agonize over weather our life is what it should be until its too late, as demonstrated in Tolstoy's "The Death of Ivan Ilych." Throughout Tolstoy's life he was religious and enjoyed life, but then as he reached the height of his fame and fourteen he began to question everything he had once believed in. Some people think that "The Death of Ivan Ilych" holds a lot of symbolism between the story and Tolstoy's life. In "The Death of Ivan Ilych" there is a lot of symbolism of life and death as compared to Tolstoy's life. Ivan Ilych was a man of success. He set out to achieve his goals, and make his money. He married the women he loved and had two beautiful children, living the good life with money and accomplishment. He didn't have normal worries like most working class people did, he just did what he set out to do and succeeded at that. It is noted that "Ivan Ilych's life had been most simple and most ordinary and therefore most terrible." (Arp, 512) Until one day he became sick. For months he laid in bed in agonizing pain, and the doctors were left without agreeing knowledge on what he had. Close to the end of his life he began to wonder if his life was really what it should have been and whether or not he achieved all he was supposed to. He questioned death as if to ask "What is this? Can it be death?......Why these sufferings?"(Arp, 553) The reader is now left with the question did he die from physical pain or from mental anguish also? It could be said that when he was dealing with his impen ding death he went through five psychological stages. First he went through denial and ignored the fact that he might be dying. He ignored his pain until it got to bad to cure. Second he went through anger. He became angry at his condition and took it out on his family, friends and servants. Then he went through a short period of bargaining, when he took communion for his wife he thought to himself "To live! I want to live!" (Arp, 556) All he wanted was to live his life like he knew he should have. The fourth stage was depression. This is the period he went through right before he realized he was going to die. He felt that it would just be better if he died when he realized "Yes, I am making them wretched,' he thought. 'They are sorr... ...ndress uniform and went to the law courts." (Arp, 530-531) No one however, would know whether or not Ivan or the "Unknown Citizen" were hurt or gone because "Had anything been wrong, should certainly have heard." (Arp, 672) Not everyone is as observant to one persons needs as they should be. In the "Death of Ivan Ilych" the symbolism of death is very important. It shows that we should always look to the future and what we may become rather then the present and what we want at that moment. Will we turn out to be what we wanted to be, and live the fullest life possible. Its only up to us to decide that. Ivan Ilych was beginning to decide that when it was to late. In everyday life we take for granted that our values are sound and the projects and activities we take on are worth doing. We never take a "step back" to realize that maybe we are doing something good or that maybe we're not. We mainly concern ourselves with how we look in the end. That is something we should stop doing. We should follow the example of Ivan Ilych and make sure we live our lives to the fullest instead of realizing it when its to late. We should be like Tolstoy and realize that life is worth living.

Wednesday, January 15, 2020

Mountain Biking Is My Favorite Sport Essay

Sweat dripping into my eyes, blurring my vision. My legs feel weak, making it difficult to pedal. I pause and allow myself to take a deep breath before speeding down hill. The adrenaline rushing through my veins, and the thrilling thought of what is to come next demands my body to get ready and keep going. I speed down the hill narrowly missing a couple of big jagged stones sticking up through the trail and trees. The intensity and extremity of mountain biking make it undoubtedly my favorite sport. Furthermore, mountain biking is my favorite sport because it is great for the body and mind, it brings about a challenge, and it allows me to have a positive environmental impact. Mountain bike riding is a great way to exercise both the body and mind. It is a sport that allows you to build muscle in addition to building up your cardiovascular endurance. It targets almost every muscle in the body, particularly arms, abs, shoulders and legs. Furthermore, it is a great way to boost your energy, remain in shape, and in fact according to many studies, by biking at least three hours per week, your chances of heart disease can be decreased by approximately 50 percent. However, the biggest benefit from mountain biking is being able to exercise outdoors. It allows the mind to open up and expand its thoughts. Personally, I get a sense of clarity and I feel more in tune with details. There are also no worries, doubts or fears crossing my mind. Aside from the unquestionable benefits for the body and mind, mountain biking inspires a great sense of confidence and authority. Before and as I take on the many obstacles and hurdles in the trails, I either plan or have to think on the spot to prevent injury. While biking, I have control of my approach, performance and outcome. Facing challenging obstacles and being able to successfully beat them, builds a sense of empowerment. In the real world these feelings evolve my ability to know what I want and to act on it effectively. It further boost my leadership skills at work, in school and in everyday situations. In addition to its positive physical and mental impacts, mountain biking has a positive environmental impact. As a mountain biker, I enjoy a pollution free environment to ride in. Mountain bicycles use no fuel, do not require toxic batteries or motor oils and take less energy to make than a car. It also increases outdoor advocacy by generating a connection to nature. Many mountain bikers, including myself, are dedicated to protecting and maintaining the natural and cultural resources of where they ride. Adopting trail designs that eliminate soil erosion, avoiding sensitive habitats and protecting wetlands, are some examples of how to minimize environmental impacts. Mountain bike riding is my favorite sport because it is a way in which I disconnect my mind and soul from reality, and allow all of my senses to engage in the moment. Moreover, it is a sport in which I build strength, power, stability and agility. Also, through the obstacles and hurtles encountered in the exhausting yet exhilarating trails, I gain a stronger sense of authority and confidence that I implement in the challenges of the real world. Lastly, it is my favorite sport because it is pollution free and helps reduce greenhouse gas emissions.

Monday, January 6, 2020

The Financial Crisis Of 2007 Essay - 1676 Words

Seven billion people affected. How can a single screw up lead to a mess that not even governments can fix? How can something so severe continue to damage countries financially 5 years after it began? Many people didn’t see it coming. But what’s worse is that the people that did see it coming, contributed to it. Yes. They fueled this mess. And now we can’t get out of it. This is the financial crisis of 2007 . Let’s dig in to where it all began. The subprime mortgage crisis was a result of mortgage brokers selling mortgage products to people with terrible credit, no down payments for the house, no stable income into the home, and basically no nothing instead of selling it to responsible people who they knew would not default on their mortgage. (Let’s call the reliable homeowners prime and the unreliable ones sub-prime for times sake). They would give out home mortgages to everyone knowing that they wouldn’t be responsible for the mortgage that they give out, but that they would be able to sell them to investment bankers, who would then sell them to investors, hedge funds, etc or at least be left with a house as housing prices always rise. But let’s start from the beginning of how this whole mess started. So Wall St. hatched an idea to connect investors to home owners through mortgages. A family decides that they want to purchase a house so they save up for a down payment and then contact a mortgage broker who connects them to a mortgage lender who sells them a mortgage. TheShow MoreRelatedThe Financial Crisis Of 20072289 Words   |  10 Pages Financial Crisis of 2007 How an attempt to avoid a bubble, led to a crash that brought a country near to complete collapse. Essay for Mn2101 Financial Management by Shreya Lodhia 139030749. Word count: 2172 (2214- including titles/headings/subheadings.) CONTENTS ï  ¶ Introduction 2 ï  ¶ Causes of the crash 3 ï  ¶ Effects today 6 ï  ¶ Why interest rates are low 8 ï  ¶ Future of the interest rates 9 ï  ¶ Conclusion 10 ï  ¶ References 11 ï  ¶ Appendix 14 â€Æ'Read MoreThe Financial Crisis Of 20071646 Words   |  7 PagesThe most recent financial crisis of 2007 was felt throughout the world, and brought about huge economic consequences that are still being felt to this day. Within the United States, the crisis undoubtedly resulted in a surge in poverty and unemployment, a significant drop in consumption, and the loss of trust in the capitalist economic system. Because of globalization, this crisis was felt through the intertwined global markets, affecting underdeveloped countries even more. Historical eventsRead MoreThe Financial Crisis Of 20071510 Words   |  7 Pages 3.1 Background information In the words of Goodhart (2008), â€Å"the banking crisis of 2007 was seen in advance† (Goodhart, 2008). 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It consisted of multiple variables: the deterioration in financial institutions’ balance sheets, asset price decline, increase in interest rates, and an increase in market ambiguity. This in turn led to the worsening of the adverse selection and moral hazard situation in the market, which led to a decline in economic activity, bringing forth the banking crisis. After the banking crisis, an unanticipatedRead MoreThe Financial Crisis Of 2007 / 2008 Essay808 Words   |  4 PagesThe financial crisis of 2007/2008 had a negative impact on the UK economy, resulting in low growth and high level of unemployment while inflation constantly remained above the 2% target. In those extraordinary circumstances focus of monetary policy had to be on growth rather than reaching inflation target, resulting in gradual reduction of the Bank rate from 5.75% in middle of 2007 to its lowest level of 0.5% in the beginning of 2009 (BoE, 2014). 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