Professional Documents
Culture Documents
FHBM1114
MANAGEMENT
TRIMESTER 202201
Prepared by
Tutorial
ID No. Name Contact No.
Group
2105713 Be Yin Xuan T1 017-5233818
1 Introduction 1
Poster 2
3 Recommendations:
4 Conclusion 15
7 Marking Scheme -
1.1 Introduction
Body Glove was established by twin brothers which are Bill and Bob Meistrell
when they designed the first practical wetsuit in 1953.
Bill and Bob were attracted by water. Both were fashioned diving helmet by
using a vegetable can and a tire pump when they were 14 years old. One of them held
the air pump on the surface while one explored the bottom of pool reading magazines.
Bill was offered the option to invest into Bev Morgan's dive company, Dive N'
Surf in 1953. Bev and Hap Jacobs, who eventually invented the modern surfboard, co-
owned the business. Bill accepted the offer if his brother Bob be brought in as a third
partner because Jacobs wanted out. After Bev agreed, Bob and Bill borrowed $1,800
from mother to buy a third of the company each.
Bill and Bob wanted to discover a technique to deal with the cold water in
California. They explored everything from wool sweaters that barely lasted as long as
they were dry to War time electrically heated flyers' uniforms. They successfully
created an insulating material used in the rear of freezers. Meistrell brothers created
the first functional wetsuits out of this "neoprene," and Body Glove was founded.
Mission
Firstly, one of the Body Glove's missions is to focus on the retail business of
Ready-to-Wear garments and accessories, with the rights to produce and distribute,
and to separate itself with a unique brand identity in the Original California Lifestyle
idea. Aside from that, the second aim is to continue participating in Corporate Social
Responsibility projects. Body Glove's next goal is to meet the need of the target group
by offering high-quality products at reasonable pricing. Furthermore, Body Glove
seeks to maximise profit for stakeholders while improving the client experience by
offering great customer service through trained employees.
Vision
They intend to be a leader in the retail industry of Ready-to-Wear garments
and related accessories under the Body Glove brand from the United States in a
concept of California lifestyle that established to continue the twin brothers' goal. Bob
and Meistrell, the waterman legends, have plans to expand their firm into other
ASEAN regions.
1
1.2 Company Poster
2
2. Planning and Strategic Management
2.1 Strategy to Respond to Uncertainty
4
2.2 SWOT Analysis
Strengths:
5
Weaknesses:
1) Limited market segment
Body Glove is an American brand that producing water sports apparel
and accessories. For example, the company now make swimsuits, snorkelling
equipment, paddle board and so on. So, it caters only to primarily coastal areas
and tourist destinations. For those people who are willing to buy their
products, they have to go to the specific places to purchase the products. The
people might shop at the shop when they are travelling to the coastal areas and
tourist destinations. Thus, the company may earn a low profit as most of the
consumer will only buy the products of Body Glove when there is a shop of
Body Glove happens to be where they travel. Besides, the products of Body
Glove can only be sold to those who travel to the beach or join a water sport.
These products are difficult to be sold to the consumers who want to buy a
casual wear.
2) People are unaware of new products available under the main brand
When Body Glove launches a new product, the customers are unaware
of new products available under the main brand. This is because the
advertising is not very prominent and attractive. This situation occur as the
company did not attach great importance to the advertising in order to make
their product known to people. So, the planning team of the company did not
focus on planning their advertisements. Since the advertisements of new
products are not prominent, there will only have a small group of consumers
who are always paying attention about the new updates of the products will
purchase those products. On the other hand, majority of the consumer are not
being attracted by the advertisement will just ignore it without going into the
details. So, there will be a consumer churn occur.
6
Opportunities:
1) Extend partnership with McPhail Sports Limited
McPhail Sports, a long-time collaborator of Body Glove, has agreed
to a multi-year contract with Body Glove. Through this long-term contract,
McPhail Sports Limited will continue to develop and supply Body Glove
merchandise for Australian and New Zealand consumers. The extended
agreement with McPhail will assist Body Glove’s retail operations in Australia
and New Zealand. Through excellent product design, technology, sourcing,
and distribution, McPhail Sports has been essential in driving Body Glove
brand growth in Australia and New Zealand.
At the same time, McPhail’s determination to continue collaboration
must be due to understanding of the Body Glove brand concept and
confidence in the quality of the company product. This long-term cooperation
ensures that Body Glove can continue to provide customers with the best
service and products, while strengthening the two parties’ relationship.
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Threats:
8
2.3 Grand Strategy
Body Glove tries to expand its market share. In the year 2019, Body Glove
expanded its distribution channels in front-end stores and E-commerce such as
Shopee and Lazada. Body Glove also expands its retail operation in many
countries. Such as Thailand, Philippines and Cambodia.
Body Glove has also improved existing products and introduced many
great new products. In the year 2022, Body Glove upgraded a previously launched
and best-selling product, Performer 11 Inflatable Paddle Board. The 2022
Performer 11 Inflatable Paddle Board has a better design and stability, it also
becomes more portable and durable. In the year 2021, Body Glove launches
sustainable swimwear collection. This collection has been designed with support,
function and style in mind.
9
2.4 Competitive Strategy
Body Glove used Differentiation which is offering unique and superior
value, for the wide market as the competitive strategy.
Body Glove is in the wide market because the products of Body Glove are
suitable for all different ages and gender. For example, Body Glove sells wetsuits,
shoes and life vests for men, women and kids. Body Glove also sells life vest for
dogs.
Body Glove attaches great importance to product quality, so only the high-
quality fabrics are used to ensure high water absorption, durability,
comfortableness to wear and ease in cleaning. Even though the price of Body
Glove’s products may be higher than some of the other companies, but because of
Body Glove’s quality assurance, the price that customers pay is absolutely
matched with the quality.
Body Glove also releases some interesting and unique products such as
limited-edition Santa wetsuits, dog life vest for swimming and 80S throwback
collection. Besides, Body Glove always offers special promotions. For example,
the Black Friday sale that can save up to 25% offer for select styles and Labour
Day deals with 25% offer.
Body Glove sells a variety of styles, not a single style. Therefore, no matter
the customers prefer what style, they can go to Body Glove to find their favourite
style. For example, the 80S throwback collection in bright retro colours and the
fresh squeeze collection that contains the perfect mix of fresh hues and fruits.
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3. Recommendations:
3.1 Utilizing Strength and Opportunities
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The organization should provide useful employee benefits to boost staff
productivity. Employee benefits are a range of extra compensations which include
things like healthcare, vacation time, sick days, annual leave, appropriate over-
time and more. Body Glove must make contributions on behalf of their employees
to Social Security (SOCSO) and Employee Insurance Security (EIS). On the other
hand, workers who have been laid off are also entitled to unemployment
assistance from their employers.
Besides that, loyalty and growth of workers are deeply influenced by how
the company train, develop, and utilises its employees’ talent. Employees are
more willing to invest back in the firm with greater loyalty, engagement, and
productivity if they perceive that organizations are investing in their futures rather
than just their current work positions. Hence, Body Glove should provide the
employee with personnel training and development to enhance their expert job
quality. Company should emphasize on training the employees to enhance their
services in order to satisfy the needs and expectations of all the clients.
12
When entering new markets, companies should localize merchandise to
cater to local customers and make new target audiences trust and buy your
products. The steps to localize a product include translating the language on the
product label, use of local address and date formats, display of the relevant
currency and units of measure and selection of appropriate colors and visuals. By
providing localized product kinds for new market clients, you clearly show that
you care about their feelings and shopping experiences.
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website, Facebook, Instagram and so on. Therefore, consumer can get the new
updates easily through their smartphone and willing to purchase the products.
14
consumer will become more confident with Body Glove products and will
purchased it again.
4. Conclusion
Body Glove is an American brand of watersports apparel and accessories
founded in 1953 by twin brothers Bill and Bob Meistrell. The brothers are often
credited with inventing the first practical wetsuit in the early 1950s at the back of
their Redondo Beach, California surf shop, Dive N' Surf. Body Glove's products are
sold by a network of independent shops in the United States and 50 other countries,
including Malaysia.
Body Glove is a family-owned business and brand that began in 1953 when
twin brothers Bill and Bob (Robbie's father) Meistrell created the first functional
wetsuit with a dream of a life on the sea. Robbie, who took over as president of Body
Glove in 1983, has guided the company from a small home market dealing in wetsuits
to the wilder shores of international trade and watersports product licensing. Body
Glove has become one of the world's most well-known surf companies, thanks to
Robbie's leadership. In 2000, Founder of Body Glove, Bill and Bob were awarded the
Lifetime Achievement Award from SIMA. In that year, Body Glove was also
recognized in the top 50 SGI brands.
The Body Gloves company used Prospectors as the strategy to respond to
uncertainty. Body gloves company focus on developing new market. They will
always come out with new products .Body Glove has good product quality and
continues to develop its product via research and development to meet customers'
expectations. Their passion for water sports led them to create the first wet suit to help
fight those cold California waters. The price offered by Body Glove is affordable and
worth it with its quality.
15
In recent years, Body Glove has pursued a growth strategy. Body Glove is
attempting to increase its market share. Body Glove increased its distribution channels
in front-end retailers and E-commerce platforms such as Shopee and Lazada in 2019.
Body Glove successfully renewed multi-year agreements with McPhail Sport in 2021.
Body Glove's retail operation in Australia and New Zealand will benefit from this
extended arrangement with McPhail.
Overall, Body Glove has established its growth strategy with environmental
scanning such as gather data for SWOT analysis. Besides, Body Glove identify
problems faced and adjust it. So, they will be able to manage their marketing strategy
and set SMART long-term goals.
16
References
1) Introduction
https://www.bodyglove.com/pages/company-history
https://divensurf.com/blogs/news/body-glove-history
glove.html
https://sgbonline.com/body-glove-extends-agreement-with-mcphail-sports/
https://www.coursehero.com/file/24414221/Body-Glovedocx/
https://sgbonline.com/pressrelease/body-glove-performer-11-inflatable-
paddle-board-offers-upgrades-for-2022/
https://shop-eat-surf.com/2021/04/body-glove-releases-second-recycled-
swimwear-collection/
3) Recommendations
https://blog.junipersys.com/9-ways-to-create-and-maintain-a-successful-
business-partnership/
https://www.knowledgecity.com/blog/employee-training/
https://nhglobalpartners.com/how-to-launch-business-in-china/
https://blog.bit.ai/sales-promotion-examples/
4) Conclusion
https://ejournal.aibpm.org/index.php/JCDA/article/download/708/694
Appendices:
Body Glove company’s logo
5 5 5 5 5
1. Be Yin Xuan
5
5 5 5 5
2. Chuah Hui Qian
5
5 5 5 5
3. Ho Yun Ke
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4. Low Xin Yue 5 5 5 5
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5. Neo Zhi Xuan 5 5 5 5
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6. Tan Pei Wen 5 5 5 5
7. -
Comments on member being Submit work Very Willing to Very Always Very
evaluated * on time helpful help others responsive helpful cooperative
in their
work
FHBM1114 Management Assignment Marking Scheme
No. Items Description Mark Total
s
1 Introduction Clear information about the history of the founder and the
business, nature of business and the products and services 4-5
rendered.
Information about the history of the founder and the
business, nature of business and the products and services 2-3
/5
rendered provided but lack explanation.
Lack of information or irrelevant information were
0-1
provided.
Company Poster Clearly represent the company’s identity with appropriate
and relevant information. Great balance of text (font & 4-5
colour), figures and space. Original work by group.
Able to represent the company’s identity, but having
incomplete information. Slight imbalance in the use of text, 2-3 /5
figures and space. Original work by group.
Lack of information in representing the company’s identity,
major imbalance in the use of text, figures and space. More 0-1
than 50% of the poster is not originally done by group.
2 Planning and Correctly stated the strategy(s) with clear and sufficient
8 - 10
Strategic example(s) based on the company.
Management Correctly stated the strategy(s) with clear but insufficient
4-7
(i) Basic example(s) based on the company. /10
Strategies Incorrectly stated the strategy or general examples were
provided. 0-3
(ii) SWOT Ideas are organised; well structured; demonstrated full
4-5
Analysis knowledge; applied critical thinking skills.
(5m x 4 Ideas are organised; well structured; demonstrated full
2-3 /2
components=20 knowledge.
0
m) Ideas are not organised; brief or no explanation. 0-1
(iii) Grand Correctly stated the strategy with clear and sufficient
4-5
Strategy example(s) based on the company.
Correctly stated the strategy with clear but insufficient
2-3 /5
example(s) based on the company.
Incorrectly stated the strategy or general examples were
0-1
provided.
(iv) Competitive Correctly stated the strategy(s) with clear and sufficient
8 - 10
Strategies example(s) based on the company.
Correctly stated the strategy(s) with clear but insufficient
4-7
example(s) based on the company. /10
Incorrectly stated the strategy(s) or general examples were
0 -3
provided.
3 Recommendatio Ideas are organised; well structured; demonstrated full /10
8 - 10
n knowledge; applied critical thinking skills.
(i) Utilization of Ideas are organised; well structured; demonstrated full
4-7
the Strength and knowledge.
Opportunities Ideas are not organised; brief or no explanation. 0-3
(ii) Overcome Ideas are organised; well structured; demonstrated full
8 - 10
the Weaknesses knowledge; applied critical thinking skills.
and Threats Ideas are organised; well structured; demonstrated full /10
4-7
knowledge.
Ideas are not organised; brief or no explanation. 0-3
4 Conclusion Correctly commented on organisation’s overall
achievements, well-structured and explained; applied 8 - 10
critical thinking skills.
/1
Correctly commented on organisation’s overall
4-7 0
achievements, well-structured and explained.
Vaguely commented on organisation’s overall
0-3
achievements.
5 References and Correctly stated and presented the references and
4-5
Appendices appendices in an orderly manner; well-structured
Correctly stated and presented the references and
2-3 /5
appendices in an orderly manner.
Incorrectly stated or presented the references and
0-1
appendices without proper order, or incomplete.
6 Peer Evaluation Properly done with points and comments given to each
3
member.
/3
Points were given but comments were not provided. 2
Incomplete or empty forms submitted. 1
7 Formatting Font and Size: Times New Roman, 12 7
1.5 spacing on A4 size paper
Justified (Alignment)
Page number 7
/7
Less than 15 pages
Language and spelling
Content page, standard cover page, marking
Scheme
Total /100
Remarks: