Beruflich Dokumente
Kultur Dokumente
ON
Target
Submitted to
PUNJABI UNIVERSITY, PATIALA
Submitted in
the partial fulfillment of the Degree requirement towards the
MASTERS OF BUSINESS ADMINISTRATION(MBA)
SESSION (2010-2011)
THE CORPORATE GURUS
ACKNOWLEDAGEMENT
I feel overwhelmed and express, beyond words, my heart gives thanks to
the people who have helped me to complete my project. The employee of
the factory and the member of the senior management of the Lotus Bawa
were guiding factors without whose help it would have been impossible
for me to do this project in detail.
Last but not the least, great thanks to my parents for helping
me round the clock, which have been a great encouragement for me.
Navjot Kaur
PREFACE
CHAPTER – I : COMPANY PROFILE
Introduction
Today leather through its many uses has become one of the most essential
commodity for men. It is a product may be stabilization of proteins in
animals skins. The leather industry comprising production of finish
leather, which is further used to manufacture leather products like shoe
uppers, belts, leather bags. It is certainty very important part of our life.
The leather are durable and confertable and fashionable too.
COMPANY PROFILE
Mission Statement
“we strive to be best in every respect of our business and our organization
toward the society. Our main aim remains toward customer satisfaction
by supplying right quality products every time and adhering strictly to the
delivery schedule.”
COMPOSITION
Bawa group comprises of two companies with its Head Office at
Ramdaspura, Nakodar Road, Jalandhar, as under:
Group Philosophy
Bawa Group is dedicated to become one of the leading
manufacturers of leather shoe upper and complete shoes. It
strives to be the best in every aspect of their obligations towards
the society. Their main aim remains to be customer’s
satisfaction, by supplying right quality product every time and
adhering strictly to the delivery schedule.
Quality:
The group lays lot of emphasis in quality, which is not
compromised under any circumstance. To ensure this several
checks have been laid down right from raw to finished products.
Liboratory:
The tannery has its own laboratory to ensure that
correct type of leather is made for use by the shoe units. The
group has Satra membership, which keeps the group abreast
with latest show manufacturing technology. Leather testing
machinery has also been imported from Satra.
ISO-2002 certification:
Sarup Tanneries Ltd. As also been awarded
ISO-2002 certification by underwriter laboratories, New York.
Children Park
A children park name Niku Park is being run in calendar for
the amusement of the children. A number of games and
fountains have been provided for the children.
Pingla Ghar:
A home for the homeless is being run for the
cause of the suffering humanity. Bawa Sarup Singh, established
the institution in 1951. There are about 400 inmates mostly
disabled, crippled, aged and homeless whom the institute is
looking for. They provide dry ration and clothes etc. to about
100 widows from cutside. Those who recover from medical
treatment are provided useful employment.
Even marriage are arranged amongst marriageable couple.
The institution was awarded national award by the president of
India in 1982 for doing outstanding work in employing
handicapped persons. Because of the old age of Bawa Sarup
Singh had receive the award while sitting in the wheel chair.
The president of India Sh. Neelam Sanjiva Reddy, while
presenting the award remarked.
“Look at the great man who served crippled mankind foe whole
life and today he is himself crippled and comes on a
wheelchair.”
Spread of Bawa Group of companies
Head Office
Jalander
Organizational Structure
An organization may be defined as the framework, which
establishes relationships between people, duties and physical
resources enterprise in order to attain the predetermined goals.
Organization as structure
Factory Survey
1) Factory workforce:
a) Total factory workforce 738
b) Women worker 200
c) Men worker 538
3) Working hours:
a) Per day 8hrs.
b) Per week 48hrs.
4) Wages:
Lowest wages of skilled workers
a) (handy) 3996 Rs. per month
Stitching 3740 Rs. per month
b) Training of wags of unskilled workers - 3554 Rs. per
month
c) Overtime rates 3554 Rs. per month
5) Safety and health
a) Medical facility
• Doctor
• Nurses
• Dispensary
• ESI
b) Supervisors/ line workers trained in:
• First aid facility
• Use of fire extinguishers
6) Unionization:
• Recognized union in factory- Bhartiya Mazdoor
Sangh
Research Methodology
Sources of data
Primary Sources:
Regular visit to factory were made to obtain the
required data & learn about the structure of the company as well
as the routine work by silent observations.
Secondary Sources:
Many books especially written on the
marketing function were referred to more about the topic. Other
then these are several other books as are-
• Magazines
• Company profile
• Journal
• Memorandum of association
Objective of Study
CHAPTER – II :
INTRODUCTION OF
MARKETING
INTRODUCTION TO MARKETING
Marketing
Marketing is the process by which companies create
customer interest in products or services. It generates the
strategy that underlies sales techniques, business
communication, and business development. It is an
integrated process through which companies build
strong customer relationships and create value for their
customers and for themselves.
Philp Kotler
Chartered Institute of
management
The management process responsible for Satisfying needs and wants
Identifying, anticipating and satisfying through an exchange process
customer requirement profitability
Learnmarketing.
net
Keep in mind what it is we're in business to do. Create jobs? Earn profits? You bet. But it
doesn't start there. It starts with the customer and our ability to understand his needs and
satisfy his wants. The entire company must be viewed as a customer creating and customer
satisfying endeavor. We are really in the business of creating customers, and it is marketing
that must accurately define what the customer needs.
A firm can have a top-notch sales VP, a top-notch sales department and an elaborate
marketing plan. But, if they are all focused on what manufacturing wants to make, rather than
what the customer wants to buy, it will all go for naught. In summarizing the marketing
concept, Peter Drucker said, "It is the entire business from the point of view of the customer."
When trying to mold your firm's marketing philosophy, keep in mind three points that can be
considered the heart of any marketing philosophy:
3. Stay close to the customer. Understand and satisfy his needs and anticipate his future
wants.
Marketing Sale
Product
Solution
Promotion
Information
Price Value
Placement Access
If any of the 4Ps had a problem or were not there in the marketing factor of the business, the
business could be in trouble and so other companies may appear in the surroundings of the
company, so the consumer demand on its products will become less
Organizational orientation:
In this sense, a company marketing department is often seen as of prime importance within
the functional level of an organization. Information from an organization's marketing
department would be used to guide the actions of other departments within the company. As
an example, a marketing department could ascertain (via marketing research) that consumers
desired a new type of product, or a new usage for an existing product. With this in mind, the
marketing department would inform the R&D department to create a prototype of a
product/service based on consumers' new desires.
The production department would then start to manufacture the product, while the marketing
department would focus on the promotion, distribution, pricing, etc. of the product.
Additionally, a firm's finance department would be consulted, with respect to securing
appropriate funding for the development, production and promotion of the product.
1. Micro Environment:
This environment mainly consists of the factors which are clearly related to
the company's environment . " The actors or forces close to the company
that affects its ability to reach the Target Customer" is the Micro
Environment. It Includes 1. The Company 2. Suppliers 3. Marketing
Intermediaries 4. Customers 5. Competitors 6. Publics.
2. Suppliers: The Most Important thing that the company should take
care of , Because Supply Availability - Supply Shortages or delays , Labor
strikes and events can cost sales in the short run and damage customer
satisfaction in the long run. So it is always advised to take care of this
environment.
2. Macro Environment: The Largest Societal Factors that affect the Micro
Environment . It Consists of Demographic, Economic Natural,
Technological, Political and Cultural Forces.
Marketing research
Marketing research is the systematic gathering, recording, and analysis of data about
issues relating to marketing products and services. The term is commonly
interchanged with market research; however, expert practitioners may wish to draw
a distinction, in that market research is concerned specifically with markets, while
marketing research is concerned specifically about marketing processes.
Marketing research is often partitioned into two sets of categorical pairs, either by
target market:
Thus, marketing research may also be described as the systematic and objective
identification, collection, analysis, and dissemination of information for the purpose
of assisting management in decision making related to the identification and solution
of problems and opportunities in marketing. The goal of marketing research is to
identify and assess how changing elements of the marketing mix impacts customer
behavior.
Marketing managers make numerous strategic and tactical decisions in the process of
identifying and satisfying customer needs. They make decisions about potential
opportunities, target market selection, market segmentation, planning and
implementing marketing programs, marketing performance, and control. These
decisions are complicated by interactions between the controllable marketing
variables of product, pricing, promotion, and distribution. Further complications are
added by uncontrollable environmental factors such as general economic conditions,
technology, public policies and laws, political environment, competition, and social
and cultural changes. Another factor in this mix is the complexity of consumers.
Marketing research helps the marketing manager link the marketing variables with the
environment and the consumers. It helps remove some of the uncertainty by providing
relevant information about the marketing variables, environment, and consumers. In
the absence of relevant information, consumers' response to marketing programs
cannot be predicted reliably or accurately. Ongoing marketing research programs
provide information on controllable and non-controllable factors and consumers; this
information enhances the effectiveness of decisions made by marketing managers.
D
Define the marketing problem
E
Enumerate the controllable and uncontrollable decision factors
C
Collect relevant information
I
Identify the best alternative
D
Develop and implement a marketing plan
E
Evaluate the decision and the decision process
The first step in any marketing research project is to define the problem. In defining
the problem, the researcher should take into account the purpose of the study, the
relevant background information, what information is needed, and how it will be used
in decision making. Problem definition involves discussion with the decision makers,
interviews with industry experts, analysis of secondary data, and, perhaps, some
qualitative research, such as focus groups. Once the problem has been precisely
defined, the research can be designed and conducted properly.[2]
More formally, formulating the research design involves the following steps:
Data collection involves a field force or staff that operates either in the field, as in the
case of personal interviewing (in-home, mall intercept, or computer-assisted personal
interviewing), from an office by telephone (telephone or computer-assisted telephone
interviewing), or through mail (traditional mail and mail panel surveys with
prerecruited households). Proper selection, training, supervision, and evaluation of the
field force helps minimize data-collection errors.
Data preparation includes the editing, coding, transcription, and verification of data.
Each questionnaire or observation form is inspected, or edited, and, if necessary,
corrected. Number or letter codes are assigned to represent each response to each
question in the questionnaire. The data from the questionnaires are transcribed or key-
punched on to magnetic tape, or disks or input directly into the computer. Verification
ensures that the data from the original questionnaires have been accurately
transcribed, while data analysis, guided by the plan of data analysis, gives meaning to
the data that have been collected. Univariate techniques are used for analyzing data
when there is a single measurement of each element or unit in the sample, or, if there
are several measurements of each element, each RCH variable is analyzed in
isolation. On the other hand, multivariate techniques are used for analyzing data when
there are two or more measurements on each element and the variables are analyzed
simultaneously.
The entire project should be documented in a written report which addresses the
specific research questions identified, describes the approach, the research design,
data collection, and data analysis procedures adopted, and presents the results and the
major findings. The findings should be presented in a comprehensible format so that
they can be readily used in the decision making process. In addition, an oral
presentation should be made to management using tables, figures, and graphs to
enhance clarity and impact.
For these reasons, interviews with experts are more useful in conducting marketing
research for industrial firms and for products of a technical nature, where it is
relatively easy to identify and approach the experts. This method is also helpful in
situations where little information is available from other sources, as in the case of
radically new products.
CHAPTER – III :
OBJECTIVES OF THE STUDY
OBJECTIVE OF STUDY
During the training period in the LOTUS BAWA Ltd. I have studied the
organizational structure and the present system of marketing structure of
LOTUS BAWA The purpose behind this studies the practical knowledge
about the method of advertisement. I have tried to spot the weakness in
the advertisement techniques. A detail study with below mentioned
objective has been undertaken: -
COLLECTION OF DATA
Primary Source
Personal Interviews: regular visits to the company were made to
1. Though every care was taken to maintain object, yet the prejudice
in response cannot be ruled out.
2. Limited time and limited funds made the detailed study a bit
difficult.
3.
4. As the collection of data in a big concern is always time
consuming and I had to complete all this to in a very short period
of time as my study was for only few weeks time.
Period of Study :
20th June 2007 to 03rd August 2007.
Research Doing :
The data has been analyzed in the form of bar graphs and pie graphs.
CHAPTER – V :
DATA ANALYSIS AND ITS
INTERPRETATION
DATA ANALYSIS AND ITS INTERPRETATION
Ques 1 How many courses are you providing to you providing to your
students?
Table 5.1
1-2 10%
3-4 40%
Above 5 50%
INTERPRETATION
Table 5.2
August
Janvery
September
After 6 month
23%
30%
47%
INTERPRETATION
The analysis shows that majority of the customers got information about
the products of LOTUS BAWA from their Dealer 23 % of customers got
information through advertisement and 47 % and 30 % of customers get
information through friends respectively.
Table 5.3
INTERPRETATION
The analysis of the quality policy shows that majority of their customers
rated the quality of their products to be good and only a nominal of them
were unsatisfied with their quality performance 27 % of the customers
ranked it as excellent 10 % customers are very much satisfied towards
quality and ranked it as very good. 47 % of customers ranked it as good
13 % of customers ranked it as fair and only 3 % of customers are not
satisfied with the quality policy and ranked it poor.
Yes No
INTERPRETATION
The analysis of this parameter shows that almost half the customer were
satisfied regarding the delivery aspects and other half were not satisfied
with the delivery facilities provided by LOTUS BAWA 7 % of the
customers ranked as excellent 7 % customers are very much satisfied
towards quality and ranked as good. 30 % of customers ranked as fair 20
% of customers are not satisfied with the delivery parameter and ranked
as poor.
Ques 5 Are providing dress and shoes to your student?
Yes No Only clothes
30% 20
50
INTERPRETATION
This analysis of price policy shows that most of the customer responded
the pricing policy of the concern to be fair and 13 % of the customer
ranked as excellent 7 % customer are very much satisfied towards price
and ranked are very good. 13 % of customer ranked as good 47 % of
customer ranked as fair 20 % of customer are not satisfied with the price
policy and ranked as poor.
Ques 6. .Which design of formal shoes would you prefer to your student ?
Table 5.6
3% 13%
23%
14% Excellent
Very good
Good
Fair
Poor
47%
INTERPRETATION
The analysis of this parameter shows that the majority of the customer
fovoured the response criteria of the concern to be good only a few ones
were unsatisfied, 13 % of the customers ranked as excellent 14 %
customers are very much satisfied towards response and ranked as very
good 47 % of customers ranked as good. 23 % of customers ranked as
fair 3 % of customers are not satisfied with the response parameter and
ranked as poor.
Quality 40 %
Delivery 13 %
Price 17 %
Response 30 %
30%
Quality
40%
Delivery
Price
Response
17%
13%
INTERPRETATION
Discount Friendly
Convenient Other
For how long you have been using the products of LOTUS BAWA?
Table 5.8
23% 23%
Less than 6 months
6 months to 1 year
1 year to 2 years
2 years to 3 years
17% 20% Above 3 years
17%
INTERPRETATION
23 % of customer are using the products of LOTUS BAWA for less than
6 months. 20 % for 6 months to 1 year 17 % are using the products of
LOTUS BAWA for 1 year to 2 years. 17 % from 2 to 3 years and 23 % of
them are using the products for above 3 years due to trust in quality.
Table 5.9
Yes 44 %
No 33 %
Cant’ say 23 %
23%
44% Yes
No
Cant’ say
33%
INTERPRETATION
3. Proper marketing setup like sales executive and filed staff has smooth
relations with authorized dealers and generate new business.
8. The company has increased its advertisement cost to increase its sales
and to make aware the people about the LOTUS BAWA product.
9. With the following of cutting of its expenses the company may have
effected its sales and profits
SUGGESTIONS
From survey it has become clear that there are some problems
which can be handled easily, if a little bit of care is taken.
1. The suggestion of the people which they gave us during survey should
be think, analyses and implemented properly.
2. Proper eye should be kept on the authorized dealers and also on their
preference for selling the product.
3. Some schemes for ads should be introduced so that they can prefer
LOTUS BAWA product. They must aware about the quality of the
product.
6. Company should adopt the policy lowering the price of their product.
9. From the survey it has analyzed that the areas which needs a lot of
awareness regarding the LOTUS BAWA’s products. Most of the
people have listened about the LOTUS BAWA name. So it is
suggested to promote salesman ship in those areas with the help of
more and people will become aware. It will prove to be a very
effective.
CHAPTER – VII :
CONCLUSION
CONCLUSION
Books :
Kotler Philip, "Marketing Management" – Prentice Hall India, New
Sixth Edition
Websits :
www.lotus-bawa.com
www.google.com
ANNEXURE
QUESTIONNAIRE
Ques 1. How many courses are you providing to you providing to your
students?
2 4 more then 5
Ques 6.Which design of formal shoes would you prefer to your student ?
Oxford Any type of leather shoes
If they are not providing formal shoes to their student then we get their e-
mail id for sending quotation, after sending the quotation collect there
feedback.