analysis and findings
TRANSCRIPT
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P R O J E C T R E P O R T O N E X I D E I N D U S T R I E S L T D
Research Study on consumer satisfaction of existing
customers of Exide products in and around Gauhati.
Prepared by
Arihant Aski Goswami
3nd semester MBA
(2009-2011) OF
GCC CENTRE OF MANAGEMENT STUDIES
under guidance of
Mr Manmit Mahanta(Institutional)&
Mr. Manoj Hazarika(Organizational)
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DECLARATION
I, Arihant Aski Goswami student of MBA 3rd Semester, GCC Centre of
Management Studies under Gauhati University hereby declare that
this project report entitled a Research Study on consumer
satisfaction of existing customers of Exide products in and
around Gauhati, is a independent work carried out by me at Exide,
Guwahati from 1st June to 31st July 2010.
To the best of my knowledge & believe, it is an original piece of work
and is the sheer outcome of my own efforts. The report not either in
full or in part has been submitted to any other University or Institution
for the award of any degree, diploma, fellowship or any other similar
title or prizes.
(Arihant Aski Goswami)
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E X E C U T I V E S U M M A R Y
Project Title: - Research Study on Brand Consumer
Satisfaction of existing users of Exide products in and around
Gauhati.
Duration :- The project was carried out for two months from
1st
june to 31st
july.
Name of guides:- The project was do
ne u
nder supervisio
nof
Organizational guide-Mr. Manoj Hazarika
Institutional guide -Mr Manmit Mahanta
Objective :- As per instructions being given, the objective
was to find out the following
y Consumer Satisfaction level of existing users of Exide
products in and around Gauhati.
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S U R V E Y M E T H O D : -
The survey was done in and around the important key
areas of Guwahati where the target was random users of Exide
products considering right from institutional consumers to small
Business units. Survey questionnaire was been provided to the
customers and interviewed whennecessary.
Analysis Technique: - Analysis was made on the basis of the
answers of the questionnaires and comparisons were drawnthrough making graphs and proving hypothesis.
Major findings: - The major findings were
y The overall satisfaction level of existing
customers of Exide Products was above
satisfactory levels .y The Companys goodwill and brand image in the
minds of the existing customers could be termed
as excellent.
y Exide products were found to be satisfying tocustomers whether be it in regards todepndabilty,performance,value etc
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(4)Findings and recommendations
( 5)Conclusion
(6)Annexure
(7)Bibliography
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C H A P T E R 1
I N T R O D U C T I O N
Topic:-: Consumer Satisfaction levels of existing users of Exide
products in and around Gauhati.
The topic selected for the project was determining Consumer
Satisfaction levels of existing users of Exide products in and around
Gauhati . Customer satisfaction, a business term, is a measure of how
products and services supplied by a company meet or surpass
customer expectation. It is seen as a key performance indicator within
business and is part of the four of a Balanced Scorecard.
In a competitive marketplace where businesses compete for
customers, customer satisfaction is seen as a key differentiator and
increasingly has become a key element of business strategy.
However, the importance of customer satisfaction diminishes when a
firm has increased bargaining power.
In Other word consumer satisfaction refers to the degree to which
customer expectations of a product or service are met or exceeded.Corporate and individual customers may have widely differing reasons
for purchasing a product or service and therefore any measurement of
satisfaction will need to be able to take into account such differences.
The quality of after-sales service can also be a crucial factor in
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influencing any purchasing decision. More and more companies are
striving, not just for customer satisfaction, but for customer delight,
that extra bit of added value that may lead to increased customer
loyalty. Any extra added value, however, will need to be carefully
costed.
The definition of customer satisfaction has been widely debated as
organizations increasingly attempt to measure it. Customer
satisfaction can be experienced in a variety of situations and
connected to both goods and services. It is a highly personal
assessment that is greatly affected by customer expectations.
Satisfaction also is based on the customers experience of both
contact with the organization (the moment of truth as it is called in
business literature) and personal outcomes. Some researchers define a
satisfied customer within the private sector as one who receives
significant added value to his/her bottom linea definition that may
apply just as well to public services. Customer satisfaction differs
depending on the situation and the product or service .A customer
may be satisfied with a product or service, an experience, a purchase
decision, a salesperson, store, service provider, or an attribute or anyof these. Some researchers completely avoid satisfaction as a
measurement objective because it is too fuzzy an idea to serve as a
meaningful benchmark. Instead, they focus on the customers entire
experience with an organization or service contact and the detailed
assessment of that experience. For example, reporting methods
developed for health care patient surveys often ask customers to rate
their providers and experiences in response to detailed questions such
as, How well did your physicians keep you informed? These surveysprovide actionable data that reveal obvious steps for improvement
.Customer satisfaction is a highly personal assessment that is greatly
influenced by individual expectations. Some definitions are based on
the observation that customer satisfaction or dissatisfaction results
from either the confirmation or disconfirmation of individual
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expectations regarding a service or product. To avoid difficulties
stemming from the kaleidoscope of customer expectations and
differences, some experts urge companies to concentrate on a goal
thats more closely linked to customer equity.
Instead of asking whether customers are satisfied, they encourage
companies to determine how customers hold them accountable In the
public sector, the definition of customer satisfaction is often linked to
both the personal interaction with the service provider and the
outcomes experienced by service users.
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PREFACE
The concept of consumer satisfaction/dissatisfaction (CS/D) has
received considerable attention in the marketing and consumer
behavior literature. Part of this concern for the welfare, and hence the
satisfaction, of the consumer stems from the realization that, over the
long run, satisfied consumers are critical to the successful practice of
marketing and to the long-run profitability of the firm. Customer
satisfaction with a product often leads to repeat purchase, acceptanceof other products of the same product line, and favorable word-of-
mouth communications. Marketers are also deeply concerned with
consumer satisfaction because of the many adverse effects which can
result from consumer dissatisfaction (Richins, 1983; Engel &
Blackwell, 1982).
The apparent marketing maxim that directs the marketer towards
providing consumer satisfaction, or the absence of dissatisfaction, is
stated in the "marketing concept." Dickerson, Herbst and
O'Shaughnessy (1986) state that the marketing concept remains the
most enduring tenet in the teaching of marketing. Its foundation stone
is consumer orientation, the belief that a business, if it is to be
successful, should be oriented towards satisfying the needs of its
customers (p. 18).
Since its introduction in the 1950s, the marketing concept has become
the cornerstone of the principle and practice of marketing(McKitterick, 1957). While the profit aspect of the marketing concept
has always been given a relatively great amount of research attention,
the notion of satisfaction has only recently begun to receive the
attention of researchers (Hunt, 1977a). The number of articles
published in the area attest to the fact that CS/D is of great interest to
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marketers. Much of this work, however, has tended to focus firstly on
conceptual and theoretical developmentsand secondly on adaptations
to the basic CS/D process model to account for consumer and market
differences (Tse & Wilton, 1988; Woodruff, Cadotte & Jenkins, 1983;
Westbrook, 1980).
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IMPORTANCE OF THE TOPIC
Businesses monitor customer satisfaction in order to determine how toincrease their customer base, customer loyalty, revenue, profits,
market share and survival. Although greater profit is the primary
driver, exemplary businesses focus on the customer and his/her
experience with the organization. They work to make their customers
happy and see customer satisfaction as the key to survival and profit.
Customer satisfaction in turn hinges on the quality and effects of their
experiences and the goods or services they receive.
Many researchers have looked into the importance of customer
satisfaction. Kotler(2000) defined satisfaction as: a persons feelings
of pleasure or disappointment resulting from comparing a products
perceived performance (or outcome) in relation to his or her
expectations. Hoyer and MacInnis (2001) said that satisfaction can
be associated with feelings of acceptance,
happiness, relief, excitement, and delight. There are many factors that
affect customer satisfaction. According to Hokanson (1995), these
factors include friendly employees, courteous employees,
knowledgeable
employees, helpful employees, accuracy of billing, billing timeliness,
competitive pricing,service quality, good value, billing clarity and
quick service.In order to achieve customer satisfaction , organizations must be able
to satisfy their customers needs and wants (La Barbera and Mazursky,
1983). Customers needs state the felt deprivation of a customer (
Kotler , 2000).Whereas customers wants, according to Kotler (2000)
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CONSEQUENCES OF CUSTOMER SATISFACTION
AND DISSATISFACTION
The consequences of not satisfying customers can be severe. According
to Hoyer and
MacInnis (2001), dissatisfied consumers can
decide to: -
y discontinue purchasing the good or
service,
y complain to the company or to a third
party and perhaps return the itemengage in negative word-of-mouth
communication.
Customer satisfaction is important because satisfaction influences
repurchase intentions whereas dissatisfaction has been seen as a
primary reason for customer defection or discontinuation of
purchase.
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LEARNING FROM THE TOPIC
Customer Satisfaction a Critical Component of Profitability
Exceptional customer service results in greater customer retention,
which in turn results in higher profitability.
Customer loyalty is a major contributor to
sustainable profit growth. To achieve success, you must make
superior service second nature of your organization. A seamless
integration of all components in the service-profit chain employee
satisfaction, value creation, customer satisfaction, customer loyalty,
and profit and growth links all the critical dynamics of topcustomer service.
Sadly, mature companies often forget or forsake the thing that madethem successful in the first place: a customer-centric business model.
They lose focus on the customer and start focusing on the bottom line
and quarterly results. They look for ways to cut costs or increaserevenues, often at the expense of the customer.
They forget that satisfying customer needs and continuous value
innovation is the only path to sustainable growth. This createsopportunities for new, smaller companies to emulate and improve
upon what made their bigger competitors successful in the first placeand steal their customers.
Customer Expectations
Customer is defined as anyone who receives that which is produced
by the individual or organization that has value. Customerexpectations are continuously increasing. Brand loyalty is a thing of
the past. Customers seek out products and producers that are best
able to satisfy their requirements. A product does not need to be
rated highest by customers on all dimensions, only on those theythink are important.
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Measuring Customer Satisfaction
To execute a successful client satisfaction survey, one should build
their customers to have the time and inclination to respond to, and thatdelves into the types of information that will truly help enhance ones
performance. By carefully constructing a brief, yet strong, survey, WE
can discover what our customers believe your strengths and
weaknesses are and what makes your customers loyal to our company.
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C H A P T E R 2
ORGANIZATION
PROFILE
Company Profile
The Company was incorporated as Associated Battery Makers (Eastern)Ltd., on 31st January, 1947 under the Companies Act, 1913 to purchase
all or any of the assets of the business of manufacturers, buyers and
sellers of and dealers in and repairers of electrical and chemical
appliances and goods carried on by the Chloride Electric StorageCompany (India) Ltd, in India , since 1916 with a view thereto to enter
into and carry into effect (either with or without modification) an
agreement which had already been prepared and was expressed to be
made between the Chloride Electric Storage Co (India) Ltd on the one
part and the Company of the other part. The name of the Company waschanged to Chloride India Ltd on 2nd August, 1972. The name of the
Company was again changed to Chloride Industries Ltd. vide fresh
Certificate of Incorporation dated 12th October, 1988. The name of theCompany was further changed to Exide Industries Ltd. on 25th August,
1995.
The Company manufactures the widest range of
storage batteries in the world from 2.5 Ah to 20,400
Ah capacity, covering the broadest spectrum of
applications. The Company has six factories
strategically located across the country two inMaharashtra, one in West Bengal, two in TamilNadu and one in Haryana. The Companys
predecessor carried on their operations as importhouse from 1916 under the name Chloride Electrical Storage Company.
Thereafter, the Company started manufacturing storage batteries in the
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country and have grown to become one of the largest manufacturer and
exporter of batteries in the sub-continent today. Exide separated from its
UK-based parent, Chloride Group Plc., in 1989, after the latter divested
its ownership in favour of a group of Indian shareholders. The Company
has grown steadily, modernized its manufacturing processes and takeninitiatives on the service front. Constant innovations have helped the
Company to produce the worlds largest range of industrial batteries
extending from 2.5 Ah to 15000 Ah and covering various technologyconfigurations.
Milestones
1916Chloride Electric Storage Co. (CESCO) UK sets up trading
operations in India as an import house.1946First factory set up in Shamnagar, West Bengal.
1947Incorporated as Associated Battery Makers (Eastern) Limited on31 January 1947 under the Companies Act.
1947Incorporated Chloride International Limited (previously Exide
Products Limited)
1969Second factory at Chinchwad, Pune
1972The name of the Company was changed to Chloride India Limited
1976R&D Centre established at Kolkata1981Third factory at Haldia, West Bengal
1988The name of the Company was changed to Chloride Industries
Limited
1994Technical collaboration with Shin Kobe Electric Machinery Co.
Ltd. of Japan, a subsidiary of the Hitachi Group.
1995Chloride Industries Limited renamed Exide Industries Limited
1997Fourth factory at Hosur, Tamil Nadu
1998Acquisition of industrial/ manufacturing units of StandardBatteries Ltd located at Taloja & Kanjurmarg (Maharashtra),
Guindy (Tamilnadu) and plant at Ahmednagar (Maharashtra)rom Cosepa Fiscal Industries Limited as a going concern.
1999Acquired 51% Shareholding in Caldyne Automatics Ltd
2000Acquisition of 100% stake in Chloride Batteries S E Asia Pte Ltd.,
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Singapore and 49% stake in Associated Battery Manufacturers
(Ceylon) Limited, Sri Lanka.
2003Commissioned plant at Bawal, Haryana
2003New joint venture in UK, ESPEX, with 51% holding.
2004Associated Battery Manufacturers (Ceylon) Limited, Sri Lankabecame a subsidiary consequent to acquiring further 12.50%
Equity holding.
2005Investment in 50% shareholding of ING Vysya Life Insurance
Company Limited
2007Caldyne Automatics Ltd becomes 100% subsidiary consequent to
acquiring the balance 49% shareholding.
2007Investment with 26% shareholding.in CEIL Motive Power Pty Ltd.
A Joint Venture in Australia.
2007Acquired 100% stake in Tandon Metals Ltd.
2008Acquired 51% stake in Lead Age Alloys India Ltd
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SUBSIDIARIES
1. Chloride International Limited (CIL)
CIL was incorporated on 31st January, 1947 under the name Exide
Batteries (Eastern) Limited which was subsequently changed to
Chloride & Exide Batteries (Eastern) Limited on 11th February,
1948. It was later changed to Exide Products Limited on 2nd April,
1981 and lastly changed to Chloride International Limited on 14th
November, 2003. The CIN of CIL is L31402WB1947PLC014918. The
Registered Office of CIL is situated at Exide House, 59E Chowringhee
Road, Kolkata 700 020. CIL is a 100 per cent subsidiary of Exide
Industries Limited. It is engaged in non conventional energy
business.
2. Caldyne Automatics Limited (Caldyne)
Caldyne was incorporated on 16th day of June, 1980 and it is
engaged in the business of high end chargers for industrial use. The
CIN of Caldyne is U29221WB1980PLC032796. Caldyne is a 100per cent subsidiary of Exide Industries Limited. The Registered Office
of Caldyne is situated at Plot No. Y-21, Block EP, Sector V, Salt Lake
Electronics Complex, Bidhannagar, Kolkata 700 091
3.Chloride Metals Ltd (CML)
(formerly Tandon Metals Ltd)
The Company acquired 100 % stake of CML making it a wholly
owned subsidiary w.e.f.1st November 2007. CML was incorporated
on 14th December, 1998 under the Indian Companies Act, 1956.
The Registered Office of CML is situated at Gat No.1241-1242
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Markal, Taluka Khed, Pune 412105. CML is engaged in the
manufacture and supply of recycled Lead.
4. Leadage Alloys India Limited (Leadage)
The Company acquired 51% stake of Leadage in June 2008.
Leadage was incorporated on 25th September, 2002 under the
Indian Companies Act, 1956. The Registered Office of Leadage is
situated at No.60 Seethanayakanahalli, Malur Taluk, Kolar District,
Karnataka 563 130. Leadage is engaged in manufacture and
supply of recycled lead.
5. Chloride Batteries S E Asia Pte Limited (CBSEA)
CBSEA was incorporated on 4th September, 1958 under the laws of
Singapore under the name The Chloride Electrical Storage Company
Far East Limited on 4th September, 1958 which was subsequently
changed to Chloride Batteries S E Asia Pte Limited on 4thDecember, 1969. CBSEA is a 100 per cent subsidiary of Exide
Industries Limited. The registered office of CBSEA is located at 106
Neythal Road, Jurong Town, Singapore 628 594. The principal
activities of CBSEA comprise production and distribution of industrial
battery chargers, rectifiers and parts thereof and the distribution of
industrial and automotive batteries.
6.Espex Batteries Limited (ESPEX)
ESPEX was incorporated on 8th January, 2003 under the Companies
Act, 1985 of UK. The Registered Office of ESPEX is situated at
Clipper
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SCOPE OF THE STUDY
Introduction The study was based on a small research regardingcustomer satisfaction of existing consumers of Exide products. Speaking
of a research, it always starts with a question or a problem. Its purpose
is to answer to questions through the application of the scientific
methods. It is systematic and intensive study directed towards a more
complete knowledge of the subject studies. Once the problem is defined
properly then one can easily chalk out the Objectives for the research.
Poorly defined problems create confusion and do not allow the
researcher to develop a good research design. The first step in research
is formulating research problem. It is the most important stage in
applied research as poorly defined problems will not yield useful results.
It may be mentioned that the problem formulation from the researchers
point of view represents translating the management problem into a
research problem. In order to formulate an appropriate research
problem on the basis of a management problem, it is necessary to have a
meaningful dialogue between the researcher and the manager. Withouta meaningful dialogue, the problem is likely to be defined poorly. The
research carried out on that basis will hardly have any value for the
management
A complete problem definition must specify each of the following,
Sample and sampling units, Time and space boundaries, Product
features, and consumer preferences, Specific environmental conditions
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OBJECTIVES OF STUDY
The subject matter for this research Project is to study
the satisfaction levels of existing customers of Exide Industries Ltd. Inand around Guwahati.
y To study the satisfaction levels in different criteria of consumers
regarding products of Exide.
y To understand the reaction of consumers by listening to the Brand.
y To know general perception about the brand in the minds of the
consumers in and around Gauhati.
y To study the consumers thought process regarding brand
perception.
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LIMITATIONS
One must be aware of these limitations in advance so that
one is clear about what Research can and cannot do
y First marketing research tends to be fragmentary in its approach
as a result of which it becomes difficult to have an overall
perspective in which a marketing problem is to be viewed and
studied.
y Then, marketing research is not an exact science. There are
several imponderables which come in the way of getting accurate
results.
y Also, the people to be interviewed does not participate with full
involvement and also sometimes it is seen that they feel some
insecurity to answer to the questions.
y Information disclosure by the respondents tend to be inadequate
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C H A P T E R 3
METHODOLOGY
Research design: -Research Design is the plan, structure and strategy
of investigation conceived so as to obtain answers to research questions
and to control variance.
Descriptive Research
The type of research Design for this Research Project is
DescriptiveResearch. Under the head of the Descriptive Research thisproject is based on thecross sectional studies.
The cross sectional studies are of two types:
1. Field studies
2. Survey
Communication
The communication method, in effect, is the method of designing
questionnaires with a view to collect the requisite information.
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y The method used in this project was communication method,
where questionnaire was prepared so as to get direct and
precise data from the consumers itself. Also such types of
questionnaire are helpful when direct interaction becomes
important with the people involved with the service and the
desired information is to be acquire. Therefore considering a
definite sample a survey was conducted
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SCALING TECHNIQUE
The use of sampling techniques in sample survey provides a way of
introducing a qualitative dimension.
The various and scaling technique are as
y Itemized scale With an itemized scale, respondents are provided
with a scale having numbers and/or brief descriptions associated
with each category and are asked to select one of the limited
number of categories, ordered in terms of scale position, that best
describes the product, brand, company or product attribute being
studied.eg very easy-very hard,easy-hard,etc. Whichever form ofitemized scale is applied, researchers usually treat the data as
interval level.
y Semantic scales: This type of scale makes extensive use of words
rather than numbers. Respondents describe their feelings about the
products or brands on scales with semantic labels. When bipolar
adjectives are used at the end points of the scales, these are termed
semantic differential scales.Eg strong-weak, useful-useless etc.
y Likert scales: A Likert scale is what is termed a summatedinstrument scale. This means that the items making up a Liken
scale are summed to produce a total score. In fact, a Likert scale is
a composite of itemised scales. Typically, each scale item will have
5 categories, with scale values ranging from -2 to +2 with 0 as
neutral response.Ex.good-somewhat good-likely good-somewhat
bad-bad.
The scaling technique in this research project been used is sematic differential scale as it was necessary to know the exact
behavior, preference and attitude towards the service and also it had to
kept in mind that it should avoid confusion like in case of other methods
and make it easy so make people to get more involved.
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RESEARCH INSTRUMENTS
From the above both data collection method, Questionnaire
(Communication method) is selected as the instrument for collecting the
data as the respondents are directly interviewed by the researcher. The
same questionnaire is attached as an annexure to this report. It is simply
a formalized schedule to obtain and record specified and relevant
information with tolerable accuracy and completeness. In other words, it
directs the questioning process and promotes clear and proper
recording.
For the research the questionnaire was prepared in view
to get the knowledge of the potential consumers regarding the products
of Exide Industries Ltd. It was so designed that direct information can be
evolved about general awareness of the potential consumers being
surveyed regarding the products of Exide, under what circumstances
and facility.
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ANALYSIS AND FINDINGS
This section contains the detailed analysis of the important findings and its
interpretation
Therefore as per the topic it becomes an important objective to find out the
satisfaction level of existing users of Exide battery Products. The question been
asked were as follows: -
How would you rate your level of overall satisfaction with Company Exide
Industries Ltd as a supplier of batteries?
Extremely Satisfied
Good Satisfaction
Average Satisfaction
Dissatisfied
Extremely dissatisfied
Dont Know/Not Applicable
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Sample size:100
Extremely Satisfied 15%
Good Satisfaction 45%Average Satisfaction 30%
Dissatisfied 3%
Extremely Dissatisfied 2%
Dont Know /Not Applicable 5%
Interpretation
The later graph indicates that maximum people are having good
satisfaction (45%) regarding usage of Exide battery products. Trailing its back is
the average satisfaction segment where the users are satisfied moderately at 30%
.The pie chart also indicates that the number of dissatisfied users of Exide battery
products which are at a minimum level which is a good indication regarding the
products of Exide .
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How likely are you to recommend Company Exide Industries Ltd to
a friend or relative? Would you say the chances are
Excellent
Very Good
Good
Fair
Poor
Don't Know/Not Applicable
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Sample size:100
Excellent 40%
Very Good 25%Good 22%
Fair 8%
Poor 4%
Dont Know/Not Applicable 1%
Interpretation
The later graph indicates that maximum people are having excellent
perception about recommending Exide battery products to a friend or relative.Examining the pie chart ,issues relating to decrease in goodwill of the company
will not take palace as long as the perception trend remains at the current position.
Therefore the quality standards are to be maintained at current level and gradual
increase in terms of quality may further intensify its sales growth and increase in
further goodwill.
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Sample size:100
Excellent 50%
Very Good 30%
Good 15%
Fair 3%
Poor 2%
Dont Know/Not Applicable 0%
Interpretation
The later graph indicates that maximum people are having excellent
perception about repurchasing Exide battery products. Examining the pie chart
,issues relating to brand-switching may not be considered as an immediate threat.
Brand Loyalty seems to be intact at 95%(50%,30%,15%).
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How would you rate the overall quality of your relationship with
company Exide Industries Ltd, considering all of your experiences
with them? Would you say it is
Excellent Very Good Good Fair Poor Dont
Know/NotApplicable
0
5
10
15
20
25
30
35
40
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Sample size:100
Excellent 12%
Very Good 16%Good 18%
Fair 35%
Poor 15%
Dont Know/Not Applicable 0%
Interpretation
The later graph indicates that maximum people are fairly satisfied with theoverall relationship with company Exide Industries Ltd, considering all of their
experiences with them. The segment referring 15% of the pie chart shows that out
of a sample of 100 ,15% of the interviewed candidates were poorly satisfied with
the overall relationship pertaining to reasons which may not relate to the products
of Exide but other areas relating to customer service, after sales service etc.
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How would you rate your level of satisfaction with Company Exide
Industries Ltd in regards to customer service ?
0
5
10
15
20
25
30
35
40
45
ExtremelySatisfied Good
Satisfaction AverageSatisfaction Dissatisfied Extremely
Dissatisfied Dont Know/Not
Applicable
levels of satisfaction
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Sample size:100
Extremely Satisfied 15%
Good Satisfaction 30%Average Satisfaction 45%
Dissatisfied 3%
Extremely Dissatisfied 2%
Dont Know /Not Applicable 5%
Interpretation
The later graph indicates that maximum people are averagely satisfied with
Company Exide Industries Ltd in regards to customer service at 45%.Customer
service is found to be satisfactory. However dissatisfied candidates amount to
5%(3%,2%).The bar diagram is take on a scale of 50.The above table
accompanying the bar diagram shows the distribution of satisfaction levels in
regards to customer service.
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How would you rate your level of satisfaction with Company Exide
Industries Ltd in regards to value?
Levels of satisfaction
Extremely Satisfied
Good Satisfaction
Average Satisfaction
Dissatisfied
Extremely Dissatisfied
Dont Know /Not Applicable
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Sample size:100
Extremely Satisfied 32%
Good Satisfaction 27%Average Satisfaction 17%
Dissatisfied 10%
Extremely Dissatisfied 5%
Dont Know /Not Applicable 9%
Interpretation
The later graph indicates that maximum people are extremely satisfied with
Company Exide Industries Ltd in regards to value at 32%.The bar diagram is take
on a scale of 35.The above table accompanying the bar diagram shows the
distribution of satisfaction levels in regards to value.
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how would you rate your level of satisfaction with Company Exide
Industries Ltd in regards to battery performance?
0
5
10
15
20
25
30
35
40
45
50
ExtremelySatisfied Good
Satisfaction AverageSatisfaction Dissatisfied Extremely
Dissatisfied Dont Know/Not
Applicable
Levels of satisfaction
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Sample size:100
Extremely Satisfied 40%
Good Satisfaction 30%
Average Satisfaction 20%
Dissatisfied 5%
Extremely Dissatisfied 3%
Dont Know /Not Applicable 2%
Interpretation
The later graph indicates that maximum people are extremely satisfied with
Company Exide Industries Ltd in regards to customer service at 40%.Battery
performance is found to be above satisfactory levels. However dissatisfied
candidates amount to 8%(5%,3%).The bar diagram is take on a scale of 60.The
above table accompanying the bar diagram shows the distribution of satisfaction
levels in regards to battery performance.
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How would you rate your level of satisfaction with Company Exide
Industries Ltd in regards to dependability
Levels of satisfaction
0
5
10
15
20
25
30
35
40
Levels of satisfaction
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Sample size:100
Extremely Satisfied 50%
Good Satisfaction 20%
Average Satisfaction 15%
Dissatisfied 10%
Extremely Dissatisfied 2%
Dont Know /Not Applicable 3%
Interpretation
The later graph indicates that maximum people are extremely satisfied with
Company Exide Industries Ltd in regards to dependability at 50%.Dependability
of Exide Batteries is found to be above satisfactory levels. However dissatisfied
candidates amount to 12%(10%,2%).The bar diagram is take on a scale of 45.The
above table accompanying the bar diagram shows the distribution of satisfaction
levels in regards dependability on usage of Exide Batteries.
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FINDINGS AND RECOMMENDATIONS
THE FINDINGS FROM THIS RESEARCH CAN BE I LLUSTRATED UNDER
THE FOLLOWING POINTS
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THEREFORE AS PER RECOMMENDATIONS AGAINST ALL FINDINGSCAN BE GIVEN AS
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CONCLUSION
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BIBLIOGRAPHY
Books Referred:
1. Principles of Managerial Finance by Lawrence J. Gitman, Eleventh Edition,
published in 2010.
2. Projects Planning Analysis Selection Implementation and Review by
Prasanna Chandra, Fourth Edition, published in 1997.
3. Text Book on Project Management by P Gopalakrishnan and V E RamaMoorty, published in 1996.
4. Marketing Research An Applied Orientation by Naresh K. Malhotra and
Satyabhusan Dash, Fifth Edition, published in 2010.
5.Research Methodology by C.R Kothari
Websites visited:
www.exideindustries.com
www.google.com
www.wikipedia.org
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ANNEXURE- 1
The following Questionnaire was used
Questionnaire
Response Code:
Dear Sir/Madam,
I am a student of MBA 3rd semester in Gauhati Commerec
CollegeCentre of Management Studies under Gauhati
University. As an integral part of our course curriculum, I amconducting a study on the topic Customer satisfaction
survey for Exide Batteries in Guwahati city. Therefore I
request you to spend a few minutes with me in providing
your valued responses to the following questions. I assure
you that these responses will be used for academic purposes
only and not for any other purpose.
Thanking you,
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Arihant Aski Goswami
Kindly put a tick () mark wherever applicable
[1].What are the chances of your recommendation for theproducts of Exide Industries Ltd to your friends or relatives?
Excellent
Very Good
Average
Below Average
Poor
[2].How likely are you to repurchase products and services
from Exide Industries Ltd?
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Excellent
Very
GoodAverage
Below
Average
Poor
[3].How would you rate the overall quality of your
relationship with company Exide Industries Ltd, considering
all of your experiences with them?
Excellent
Very
Good
Average
Below
Average
Poor
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[4].How would you rate your level of satisfaction with ExideIndustries Ltd in regards to customer service?
Highly satisfied Moderately satisfied Neither satisfied
nor dissatisfied
Moderately dissatisfied Highly dissatisfied
[5].How would you rate your level of satisfaction with
Company Exide Industries Ltd in regards to price?
Highly satisfied Moderately satisfied Neither satisfied
nor dissatisfied
Moderately dissatisfied Highly dissatisfied
[6].How would you rate your level of satisfaction with
Company Exide Industries Ltd in regards to value?
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Highly satisfied Moderately satisfied Neither satisfied
nor dissatisfied Moderately dissatisfied Highly dissatisfied
[7]. How would you rate your level of satisfaction with
Company Exide Industries Ltd in regards to battery
performance?
Highly satisfied Moderately satisfied Neither satisfied
nor dissatisfied
Moderately dissatisfied Highly dissatisfied
[8]. How would you rate your level of satisfaction with
Company Exide Industries Ltd in regards to dependability?
Highly satisfied
Moderately satisfied
Neither satisfiednor dissatisfied
Moderately dissatisfied Highly dissatisfied
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[9]. How would you rate your level of overall satisfaction
with Company Exide Industries Ltd as a supplier of
batteries? Highly satisfied Moderately satisfied Neither satisfied
nor dissatisfied
Moderately dissatisfied Highly dissatisfied