ayush word file

Upload: aayush-dhamija

Post on 05-Apr-2018

223 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/2/2019 Ayush Word File

    1/29

    The Honda City is a subcompact carmanufactured by the Japanese

    manufacturerHonda since 1981, and was exclusive in Japan atHonda Clio locations at

    its introduction. Originally made for the Japanese, European and Australasian markets,

    the City was retired without replacement in 1994. The nameplate was then revived for

    use on a series of compact four-door sedans particularly aimed at developing markets,

    mainly sold in Asia outside of Japan but lately also in Latin America and Australia.

    The Honda City is produced in a number of locations around the world including India,

    Pakistan, Philippines and Thailand.

    In July 2009, the City was for the first time to be built and marketed (in large numbers)

    outside Asia, with production in Sumar, Brazil. The car was available for sale in the

    Brazilian market first, with exports to Mexico and other markets in Latin America

    beginning from September 2009.

    Since March 2011, with the opening of a new factory, the Honda City also began to be

    manufactured in Argentina. It is the first car built by Honda in Argentina (and the first

    Japanese passenger car made in Argentina) and will be exported to the all countries of

    South America alongside with Citys built in the Brazilian Sumar plant.

    In September 2011, Honda Automobile (Thailand) Ltd revealed the revamped Honda

    City, with new front grille design, new front and rear bumpers, new tail lamps design,

    new alloy wheels, eco driving indicator and dual front airbags to every model. The

    revised model was launched in India in December 2011 including five variants -

    http://en.wikipedia.org/wiki/Subcompact_carhttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Honda#Japanhttp://en.wikipedia.org/wiki/Subcompact_carhttp://en.wikipedia.org/wiki/Hondahttp://en.wikipedia.org/wiki/Honda#Japan
  • 8/2/2019 Ayush Word File

    2/29

    Corporate, E, S, V and V (Sunroof)- and increased ground clearance to 165mm

    (previously 160mm) and also length increased by 20mm.

    The Volkswagen Vento is a sedan car manufactured by Volkswagen India since 2010.

    It is essentially a three-box Volkswagen Polo and has been developed especially for the

    Indian market.

    Volkswagen Vento was the commercial name of the third generation Volkswagen

    Jetta (19921999) in Europe. Technically, the car has a 2552 mm wheelbase, as

    opposed to the Polo's 2456 mm. The extra wheelbase offers more rear legroom than the

    hatchback, something that is hugely appreciated by the Indian customers. VW offers a

    choice of two engine options; a 1.6 litre petrol engine mated to a five-speed manual or

    automatic gearbox and a 1.6 litre diesel engine mated only to a five-speed manual

    gearbox. The car is available in two trim levels: the Trendline and the highline, with the

    Petrol Highline also having the automatic option. A new special edition version "the

    breeze" is also available on the Trendline featuring added accessories and discounts.

    The car is available in 6 colors, 2 non-metallic and 4 premium metallic shades. The

    high end Highline features Integrated USB Music System, Steering mounted controls,

    leather upholstery, fog lamps, front airbags, Intelligent display, 16" alloy spoke wheels

    and other standard features.

    http://en.wikipedia.org/wiki/Sedan_(automobile)http://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Volkswagen_Polohttp://en.wikipedia.org/wiki/Volkswagen_Jettahttp://en.wikipedia.org/wiki/Volkswagen_Jettahttp://en.wikipedia.org/wiki/Sedan_(automobile)http://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Volkswagen_Polohttp://en.wikipedia.org/wiki/Volkswagen_Jettahttp://en.wikipedia.org/wiki/Volkswagen_Jetta
  • 8/2/2019 Ayush Word File

    3/29

    In March 2011, Volkswagen recorded an impressive sales figure of 3973 units,

    dethroning the Honda City for the first time since its launch. Overall the car has been a

    big success in the Indian market and has been particularly lauded for its build quality.

    In November 2011, the car was slightly upgraded following customer feedback and

    opinion. These upgrades included USB compatible music system and steering mounted

    controls.

    http://en.wikipedia.org/wiki/Honda_Cityhttp://en.wikipedia.org/wiki/Honda_City
  • 8/2/2019 Ayush Word File

    4/29

    OBJECTIVES OF STUDY

    To understand customer perception towards Honda City and Volkswagen

    Vento.

    To study customer acceptance of the products mentioned above.

    To compare features offered by the companies.

    SCOPE OF STUDY

    The scope of the study is limited to the comparison of the products mentioned above.

    The customer preference can be observed

  • 8/2/2019 Ayush Word File

    5/29

    Methodology used for Data Collection

    Source: The data has been collected through primary source with the help of

    questionnaire. Primary source is one from where the first-hand information

    is collected, where as the secondary source means collection of data from

    sources like newspaper, magazines, books etc. The data is collected through

    structured non disguised questionnaire.

    A structured non disguised questionnaire is one where the listing of questions is

    in a prearranged order and where the object of enquiry is revealed to the

    respondent.

    Sample Size: Out of all, the survey was conducted of 50 users.

    Sampling Technique: Sampling technique used in our survey is convenience

    sampling where we have collected data from the present customers of

    Honda City and Volkswagen Vento. This helped us to receive a feedback of

    the people about the services through questionnaire.

    Methodology used for Data Analysis:

  • 8/2/2019 Ayush Word File

    6/29

    The methodology used for the analysis of the data is through questionnaires.

    A questionnaire is a research instrument consisting of a series of questions and other

    prompts for the purpose of gathering information from respondents. Although they are

    often designed for statistical analysis of the responses, this is not always the case. The

    questionnaire was invented by Sir Francis Galton.

    Questionnaires have advantages over some other types of surveys in that they are

    cheap, do not require as much effort from the questioner as verbal or telephone surveys,

    and often have standardized answers that make it simple to compile data. However,

    such standardized answers may frustrate users. Questionnaires are also sharply limited

    by the fact that respondents must be able to read the questions and respond to them.

    Thus, for some demographic groups conducting a survey by questionnaire may not be

    practical.

    As a type of survey, questionnaires also have many of the same problems relating to

    question construction and wording that exist in other types of opinion polls.

    Types of Questionnaires

    1) Structured non disguised questionnaire

    2) Structured disguised questionnaire

    3) Non structured non disguised questionnaire

    4) Non structured disguised questionnaire

    Tools Used

  • 8/2/2019 Ayush Word File

    7/29

    For study tools used will be as follows:

    Microsoft Excel: Microsoft Excel is a commercial spreadsheet application written and

    distributed by Microsoft for Microsoft Windows and Mac OS X. It features calculation,

    graphing tools, pivot tables, and a macro programming language called Visual Basic for

    Applications. It has been a very widely applied spreadsheet for these platforms,

    especially since version 5 in 1993, and it has almost completely replaced Lotus 1-2-3 as

    the industry standard for spreadsheets. Excel forms part of Microsoft Office. The

    current versions are 2010 for Microsoft Windows and 2011 for Mac OS X.

    Frequency Distribution: The methodology used for the analysis of the data at the

    initial stage was frequency distribution. Frequency Distribution refers to the

    representation, either in a graphical or tabular format, which displays the number of

    observations within a given interval. The intervals must be mutually exclusive and

    exhaustive. Frequency distributions are usually used within a statistical context.

    Mean: In statistics, mean has two related meanings: the arithmetic mean (and is

    distinguished from the geometric mean or harmonic mean). the expected value of a

    random variable, which is also called the population mean. There are other statistical

    measures that should not be confused with averages - including 'median' and 'mode'.

    Other simple statistical analyses use measures of spread, such as range, interquartile

    range, or standard deviation. For a real-valued random variable X, the mean is the

    expectation of X. Note that not every probability distribution has a defined mean (or

    variance); see the Cauchy distribution for an example.

    For a data set, the mean is the sum of the values divided by the number of values. The

    mean of a set of numbers x1, x2, ...,xn is typically denoted by , pronounced "x bar".

    This mean is a type of arithmetic mean

  • 8/2/2019 Ayush Word File

    8/29

    Standard deviation: Standard deviation is a widely used measure of variability or

    diversity used in statistics and probability theory. It shows how much variation or

    "dispersion" exists from the average (mean, or expected value). A low standard

    deviation indicates that the data points tend to be very close to the mean, whereas high

    standard deviation indicates that the data points are spread out over a large range of

    values.

    The standard deviation of a random variable, statistical population, data set, or

    probability distribution is the square root of its variance. It is algebraically simpler

    though practically less robust than the average absolute deviation.[1][2] A useful

    property of standard deviation is that, unlike variance, it is expressed in the same units

    as the data.

    In addition to expressing the variability of a population, standard deviation is

    commonly used to measure confidence in statistical conclusions. For example, the

    margin of error in polling data is determined by calculating the expected standard

    deviation in the results if the same poll were to be conducted multiple times. The

    reported margin of error is typically about twice the standard deviation the radius of a

    95 percent confidence interval. In science, researchers commonly report the standard

    deviation of experimental data, and only effects that fall far outside the range of

    standard deviation are considered statistically significant normal random error or

    variation in the measurements is in this way distinguished from causal variation.

    Standard deviation is also important in finance, where the standard deviation on the rate

    of return on an investment is a measure of the volatility of the investment

  • 8/2/2019 Ayush Word File

    9/29

    Gender Percentage Response

    Yes 70 48

    No 30 12

  • 8/2/2019 Ayush Word File

    10/29

    Q1) Gender

    70

    30

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Male FemaleGender

    Percentage

    According to the survey conducted 70% of the sample consumers were males whereas

    the other30% of the sample consumers were females.

    Cars Percentage Response

    Yes 65 39

    No 35 21

    Table 1

  • 8/2/2019 Ayush Word File

    11/29

    Q5) Do you own a car?

    65

    35

    0

    10

    20

    30

    40

    50

    60

    70

    Yes No

    Response

    Percentage

    Figure 1

    According to the survey conducted 65% of the sample consumers owned a car whereas

    the other35% of the sample consumers did not own a car.

    The mean answer received from the sample consumers is Yes and the standard

    deviation noted amongst the answers is 0.480.

    Cars Percentage Response

    Yes 80.95238095 17

    No 19.04761905 4Table 2

  • 8/2/2019 Ayush Word File

    12/29

    If no, do you want to purchase a car?

    80.95238095

    19.04761905

    0

    10

    20

    30

    40

    50

    60

    70

    80

    90

    Yes No

    Cars

    Percentage

    Figure 2

    According to the survey conducted 80.95% of the sample consumers wanted to own a

    car whereas the other10.05% of the sample consumers did not wanted to own a car.

    The mean answer received from the sample consumers is Yes and the standard

    deviation noted amongst the answers is 0.40.

    Period Percentage Response

  • 8/2/2019 Ayush Word File

    13/29

    >3 30 18Table 3

    Q6) How long you own a car?

    31.66666667

    15

    23.33333333

    30

    0

    5

    10

    15

    20

    25

    30

    35

    3

    Period

    Percentage

    Figure 3

    According to the survey conducted 31% of the sample consumers owned a car for less

    than 1 year, 15% of the sample consumers owned a car for 1-2 years, 23% of the

    sample consumers owned a car for 2-3 years whereas the other 30% of the sample

    consumers owned a car for more than 3 years.

    The mean answer received from the sample consumers is >1 Year and the standard

    deviation noted amongst the answers is 1.24

  • 8/2/2019 Ayush Word File

    14/29

    Cars Percentage Response

    Honda City 70 42

    Volkswagen Vento 30 18Table 4

    Q7) Which Car comes to your mind thinking of

    performance?

    70

    30

    0

    10

    20

    3040

    50

    60

    70

    80

    Honda City Volkswagen Vento

    Cars

    Perce

    ntage

    Figure 4

    According to the survey conducted 70% of the sample consumers thought Honda City

    would perform better whereas 30% of the sample consumers thought Volkswagen

    Vento would perform better.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 1.3.

    Cars Percentage Response

    Honda City 63.33333333 38

    Volkswagen Vento 36.66666667 22Table 5

  • 8/2/2019 Ayush Word File

    15/29

    Q8) Which Car do you prefer on the basis of its

    price?

    63.33333333

    36.66666667

    0

    10

    20

    30

    40

    50

    60

    70

    Honda City Volkswagen VentoCars

    Percentages

    Figure 5

    According to the survey conducted 63% of the sample consumers preferred Honda

    City on the basis of price whereas 36% of the sample consumers preferred

    Volkswagen Vento on the basis of price.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.48.

    Cars Percentage Response

    Honda City 85 51

    Volkswagen Vento 15 9

    Table 6

  • 8/2/2019 Ayush Word File

    16/29

    Q9) According to you, which car have low

    maintenance cost?

    85

    15

    0

    10

    20

    30

    40

    50

    60

    7080

    90

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 6

    According to the survey conducted 85% of the sample consumers preferred Honda

    City on the basis of maintenance whereas 15% of the sample consumers preferred

    Volkswagen Vento on the basis of maintenance.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.36.

    \

    Cars Percentage Response

    Honda City 71.66666667 43

    Volkswagen Vento 28.33333333 17Table 7

  • 8/2/2019 Ayush Word File

    17/29

    Q10) Which car do you think has better interior?

    71.66666667

    28.33333333

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 7

    According to the survey conducted 71% of the sample consumers said Honda City had

    better interiors whereas 29% of the sample consumers said Volkswagen Vento had

    better interiors.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.45.

  • 8/2/2019 Ayush Word File

    18/29

    Cars Percentage Response

    Honda City 81.66666667 49

    Volkswagen Vento 18.33333333 11Table 8

    Q11) Which car do you think is more fuel efficient?

    81.66666667

    18.33333333

    0

    10

    2030

    40

    50

    60

    70

    80

    90

    Honda City Volkswagen Vento

    Cars

    P

    ercentage

    Figure 8

    According to the survey conducted 81% of the sample consumers assumed Honda

    City to be fuel efficient whereas 19% of the sample consumers said Volkswagen

    Vento would deliver better mileage.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.39.

    Cars Percentage Response

    Honda City 38.33333333 23

    Volkswagen Vento 61.66666667 37Table 9

  • 8/2/2019 Ayush Word File

    19/29

    Q12) Which car do you think has better body

    quality?

    38.33333333

    61.66666667

    0

    10

    20

    30

    40

    50

    60

    70

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 9

    According to the survey conducted 39% of the sample consumers assumed Honda

    City had better looks whereas 61% of the sample consumers thought Volkswagen

    Vento had better engine performance.

    The mean answer received from the sample consumers is Volkswagen Vento and the

    standard deviation noted amongst the answers is 0.49.

    Cars Percentage Response

    Honda City 55 33

    Volkswagen Vento 45 27Table 10

  • 8/2/2019 Ayush Word File

    20/29

    Q13) Which car do you think has better paint quality?

    55

    45

    0

    10

    20

    30

    40

    50

    60

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 10

    According to the survey conducted 55% of the sample consumers assumed Honda

    City had better looks whereas 45% of the sample consumers thought Volkswagen

    Vento had better engine performance.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.50.

    Cars Percentage Response

    Honda City 76.66666667 46

    Volkswagen Vento 23.33333333 14Table 11

  • 8/2/2019 Ayush Word File

    21/29

    Q14) Which car do you think has better engine

    performance?

    76.66666667

    23.33333333

    0

    10

    20

    30

    40

    50

    60

    70

    8090

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 11

    According to the survey conducted 77% of the sample consumers assumed Honda

    City had better looks whereas 23% of the sample consumers thought Volkswagen

    Vento had better engine performance.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.42.

    Cars Percentage Response

    Honda City 48.33333333 29

    Volkswagen Vento 51.66666667 31Table 12

  • 8/2/2019 Ayush Word File

    22/29

    Q15) Which Car do you prefer on the basis of its

    looks?

    48.33333333

    51.66666667

    46

    47

    48

    49

    50

    51

    52

    Honda City Volkswagen VentoCars

    Percentage

    Figure 12

    According to the survey conducted 48% of the sample consumers assumed Honda

    City had better looks whereas 52% of the sample consumers thought Volkswagen

    Vento had appeared better.

    The mean answer received from the sample consumers is Volkswagen Vento and the

    standard deviation noted amongst the answers is 0.50.

    Cars Percentage Response

    Honda City 45 27Volkswagen Vento 55 33Table 13

  • 8/2/2019 Ayush Word File

    23/29

    Q16) Which car do you think has better features?

    45

    55

    0

    10

    20

    30

    40

    50

    60

    Honda City Volkswagen Vento

    Cars

    Percentage

    Figure 13

    According to the survey conducted 45% of the sample consumers assumed Honda

    City had better features whereas 55% of the sample consumers thought Volkswagen

    Vento was more feature loaded.

    The mean answer received from the sample consumers is Volkswagen Vento and the

    standard deviation noted amongst the answers is 0.501.

    Recommendations Percentage Response

    Friends 28.33333333 17Parents 21.66666667 13

    Relatives 18.33333333 11

  • 8/2/2019 Ayush Word File

    24/29

    Advertiements 31.66666667 19Table 14

    Q17) On whose recommendation you purchase thecar?

    28.33333333

    21.6666666718.33333333

    31.66666667

    0

    5

    10

    15

    20

    25

    30

    35

    Friends Parents Relatives Advertiements

    Recommendations

    Percentages

    Figure 14

    According to the survey conducted 28% of the sample consumers purchased cars on

    friends recommendation, 21% of the sample consumers purchased cars on

    recommendation of parents, 18% of the sample consumers purchased cars on

    recommendation of relatives while the rest 31% of the sample consumers purchased

    cars by the influence of advertisements.

    The mean answer received from the sample consumers is parents recommendations

    and standard deviation noted amongst the answers is 1.21.

    Cars Percentage Response

    Honda City 75 45Volkswagen Vento 25 15

  • 8/2/2019 Ayush Word File

    25/29

    Table 15

    Q18) Lastly, thinking about you overall satisfactions,

    which car will you further recommend to others or wouldlike to purchase?

    75

    25

    0

    10

    20

    30

    40

    50

    60

    70

    80

    Honda City Volkswagen VentoCars

    Percentage

    Figure 15

    According to the survey conducted 75% of the sample consumers said they would like

    to recommend Honda City to others while 25% of the sample consumers thought

    Volkswagen Vento would be a better recommendation.

    The mean answer received from the sample consumers is Honda City and the

    standard deviation noted amongst the answers is 0.43.

    Results of the Study

  • 8/2/2019 Ayush Word File

    26/29

    After the overall analysis of the data with the help of the questionnaire, the result of the

    study is that most of the customers who responded prefer Honda City more than

    Volkswagen Vento.

    It can be seen that Honda City has better interior and is more fuel efficient, whereas

    Volkswagen has good features and is preferred by some for its looks.

    Although some of the respondents considered Honda city has lower maintenance cost

    as compared to Volkswagen Vento. There were some respondents who believed that

    Volkswagen has better paint quality, but when it comes to better engine performance

    and overall preference Honda City tops the list.

    Regarding the achievements of this study, it helped in knowing the respondents or the

    customers perception regarding the Performance of both the cars. The study helped me

    in analyzing that overall when it comes to buy a car Honda city will be preferred as

    many of the respondents would recommend it to other known people also.

    Limitations

  • 8/2/2019 Ayush Word File

    27/29

    The limitations of the study could be the following points:

    Data Insufficiency: The data used for the analysis of the study was not much

    sufficient. The questionnaires were formed with not that much of knowledge

    about the company. Possibly many of the important issues or aspects might have

    not been listed or asked.

    Time: Time plays a vital role. Limited time was provided to do the study. Thus,

    more research could not be done. In such a span of time, the available customers

    and their information is used.

    Sample size: The sample size used for the study is very small. It cannot

    represent the whole list of customers.

    Confidentiality issue: The customers were having confidentiality issue. They

    were reluctant in providing accurate information. They were not sure of the

    confidentiality maintained for the study.

    Expertise Constraints: Though I diligently followed the research guidelines

    and gathered enough knowledge about the research methods and methodology

    but not having past experience in primary research in a way made me feel at a

    disadvantage.

    Suggestions & Scope for further Study:

  • 8/2/2019 Ayush Word File

    28/29

    The suggestions regarding the study on Customer preferences with respect to Honda

    City and Volkswagen Polo

    It would be better if the sample size being used is large in number as it would

    help in the accurate analysis.

    Most of the respondents were not willing to answer the feedback form due to

    the different confidentiality issues, it would be helpful if those issues are solved

    by some or the other way. It would be better if respondents have more options

    to choose from, as then only the exact preference will be analyzed.

    The study can further be extended with respect to COMPARITIVE

    ADVERTISEMENT and making claims about the product.

    BIBLIOGRAPHY

  • 8/2/2019 Ayush Word File

    29/29

    http://www.hondacarindia.com/city/index.htmlat 12:32pm on 17th February, 2012

    http://www.volkswagen.co.in/en.html at 11:50 am on 23rd February, 2012

    Singh J.P., Probability and Numerical Methods, Second Edition, Ane Books

    Pvt.Ltd. 2011.

    Donald R Cooper & Pamela S Schindler, Business Research Methods, Eighth

    Edition, Tata McGraw-Hill, New York, 2003.

    http://www.hondacarindia.com/city/index.htmlhttp://www.hondacarindia.com/city/index.htmlhttp://www.volkswagen.co.in/en.htmlhttp://www.hondacarindia.com/city/index.htmlhttp://www.volkswagen.co.in/en.html