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    CHAPTER- 1

    Swami Vivekananda MBA college, Veda

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    About Godrej

    Background

    Godrej Group is one of the largest conglomerates in India, involved in various industries that

    include appliances, precision equipment, machine tools, furniture, healthcare, interior

    solutions, office equipment, food-processing, security, materials handling and industrial

    storage solutions, construction and information technology. Its products include security

    Systems and Safes, Typewriters and Word processors, Rocket Launchers, Refrigerators and

    Furniture, Outsourcing Services, Machine Tools and Process Equipment, Cosmetics and

    Detergents, Engineering Workstations, Medical Diagnostics and Aerospace Equipment,

    Edible Oils and Chemical, Mosquito Repellents, Car perfumes, Chicken and Agri-products,

    Material Handling Equipments Like FORKLIFT Trucks, Stackers, Tyre handlers, Sweeping

    machines, access equipments etc. The Group is headed by Mr. Adi Godrej & Mr. Jamshyd

    Godrej.

    Traditionally, Vikhroli, a suburb to the Northeast of Mumbai has been Godrej's

    manufacturing base, but increasingly the groups have moved significant production facilities

    inland in search of cheaper pastures.

    Swami Vivekananda MBA college, Veda

    http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Vikhrolihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Vikhrolihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/India
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    GODREJ GROUP PROFILE

    Started in 1897 as locks manufacturing company, the Godrej Group is today one of the most

    accomplished and diversified business houses in India. Godrej's success has been driven by

    the company's commitment to delivering innovation and excellence. Through the consistent

    application of this commitment and a century of ethical business conduct, Godrej has earned

    an unparalleled reputation for trust and reliability.

    In 1930, Godrej became the first company in the world to develop the technology to

    manufacture soap with vegetable oils; that spirit of innovation has continued throughout the

    organization's history. Today Godrej is delivering consumers exciting innovations across a

    spectrum of businesses. The company's pursuit of excellence is equally well established and

    enduring. In the 1944 Mumbai docks blast, Godrej safes were the only security equipment

    whose contents were unharmed; an equal level of product quality continues to be expected

    from every product bearing the Godrej brand name. Godrej management understands that the

    company's greatest asset is the trust and faith that consumers have reposed in it, and

    recognizes that the company must continue to earn this trust. This translates to the

    organization delivering outstanding quality and value in everything it does.

    Godrej's ethical and visionary practices have allowed the company to successfully expand

    into a number of businesses. Today Godrej is a leading manufacturer of goods and provider

    of services in a multitude of categories: home appliances, consumer durables, consumer

    products, industrial products, and agri products to name a few. A recent estimate suggested

    that 350 million people across India use Godrej products. The group has more recently

    entered the real estate and information technology sectors, and management views these asavenues for enormous growth.

    The Godrej Group stands in a strong position today. With annual sales in excess of $1 billion,

    a workforce of approximately 18,000, and a strong diversified portfolio, Godrej has proven

    its ability to deliver strong financial performance.

    (Source: - www.godrej.com)

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    Group Structure

    (Source: - www.godrej.com)

    Swami Vivekananda MBA college, Veda

    http://www.godrej.com/http://www.godrej.com/
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    GODREJ GROUP OF COMPANIES

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    The Godrej Group

    The Godrej Group has interests in a wide range of businesses. Apart from GCPL, the Major

    Companies in the Group include:

    Godrej & Boyce Manufacturing Co. Ltd a leading manufacturer of office and

    home Equipment including appliances, furniture, locks, security equipment, storage

    solutions And Industrial equipment.

    Godrej Industries Ltd. a leading manufacturer of oleo chemicals that are used in

    more than two dozen industries. The Company also has a presence in the foods business.

    Godrej Agro vet Ltd. the market leader in animal feeds and innovative agri

    products in India. The Company also has a presence in the branded poultry, rural retailing

    and oil palm sectors.

    Godrej International Ltd. engaged in international trading.

    Godrej Sara Lee Ltd. a joint venture with Sara Lee Corporation, USA and a

    leading Manufacturer of household insecticides.

    Geometric Ltd. a specialist in Product Lifecycle management software solutions for

    the Mechanical design, manufacture and industrial markets.

    Godrej Properties Ltd. - a leading developer of residential and commercial

    premises.

    Godrej Hershey Ltd . markets juices, fruit drinks, and soya milk based drinks,

    edible oil and Packaged tea. In FY 2006, GBFL has acquired 100 percent stake in

    Nutrine Confectionery Company Pvt. Ltd. (Nutrine). In April 2007, the company

    entered into a joint venture with the Hershey Company, North Americas leading

    chocolate and confectionery manufacturer, to Manufacture and distribute confectionery,

    snacks and beverages across India. Being part of the Godrej Group allows Godrej

    Consumer Products to draw upon the rich heritage and Experience of the Group.

    In line with GCPLs vision and long-term business objectives, all corporate Decisions are

    independently taken by the Companys highly respected Board in conjunction with

    competent management teams, keeping in view the best interest of all its stakeholders.

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    BUSINESS FACTS

    Continuously expanding marketing and sales infrastructure

    GCPL possesses a well entrenched and established distribution network serviced by a

    highly motivated sales organization

    Consistent focus on enhancing reach and presence especially in growing domestic rural

    regions as well as international markets

    Sophisticated IT connectivity with distributors

    Robust manufacturing and Supply Chain competencies

    State of the art manufacturing facilities spread across the country

    Factories strongly committed to TQM culture, adhering to International & Indian

    Standards and systems and following Good Manufacturing Practices (GMP)

    Sophisticated ERP systems across the business

    Well-developed R&D capabilities

    Focus on innovation and development of novel consumer centric products and processes

    Energized and experienced teams

    Strong focus on enhancing skills and competencies across functions through training &

    periodic

    Young Executive Board comprising young managers formed as part of a Group initiative

    to Devise strategies and identify new opportunities

    Corporate Governance

    Envisages attainment of the highest levels of transparency, accountability and equity in

    all Facets of its operations and in all its interactions with its stakeholders including

    shareholders, Employees, lenders and the Government.

    Committed to achieve and maintain the highest standards of Corporate Governance.

    Ensures that all its actions serve the underlying goal of enhancing overall stakeholder

    value over a sustained period of time.

    The Company continues to enjoy a corporate governance rating of CGR2+ (pronounced

    as CGR two plus) and Stakeholder Value Creation Rating of SVG1.

    (Source: - www.godrejindia.com)

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    BUSINESS DRIVERS, SUSTAINERS, ENABLERS

    Godrej Consumer Products is a well entrenched, focused and growth oriented FMCG

    Company.

    Key drivers:

    Focus on completely understanding consumer requirements and behaviour and introduction

    of innovative new products

    Consistent focus on delivering Value for Money products

    Consistently augmenting domestic marketing and sales reach and distribution

    Globalization introducing new product ranges, new variants and exploring new

    Geographies

    Key sustainers:

    Rich heritage and experience across identified segments

    Competent and experienced management team backed by committed executives and

    Workforce

    Cutting edge manufacturing and operating infrastructure.

    Well developed brands across both soap and personal care portfolios.

    Key enablers:

    Introduction of efficiency oriented measures like EVA to encourage a result oriented

    Approach and reward correct decision-making.

    Focus on brand building.

    Cutting edge IT and systems infrastructure designed to optimize accounting,

    Manufacturing, marketing and sales.

    Robust technology base and established systems and processes to ensure consistency in

    Quality.

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    ORGNAIZATIONAL DEVELOPMENT

    To grow in an increasingly competitive and dynamic environment, the Company places great

    Importance on developing its human resources. Various initiatives are undertaken keeping in

    mind Overall organizational development, with a strong emphasis on enhancing employee

    productivity, Accountability and efficiency, while also allowing the Company to be more

    market focused, Consumer-centric, cost conscious with deep consumer insights. As a

    testimony of the Companys well Structured HR approach, GCPL was ranked as the 11th

    Best Employer in India in the Outlook Business Hewitt Best Employers in India 2009 Study

    and as one of the 25 Best Employers in Asia in the Wall Street Journal Asia Hewitt Best

    Employers in Asia 2009 Study. GCPL was ranked 6th in the Best Companies to Work For inIndia Survey conducted by Business Today and Mercer TNS and was Ranked9th amongst

    250 companies in India as the Great Place to Work conducted by The Great Place to Work

    Institute in 2008. Some of the initiatives taken by the Company are given below.

    GCPL has a Performance Linked Variable Remuneration approach in its compensation

    policies, facilitating a transparent performance management system. This system, based upon

    the Balanced Scorecard methodology, has a strong focus on EVA enhancement among the

    Employees, creates a framework for performance evaluation and translates strategy into

    Tangible objectives and measures.

    Being part of the Godrej Group offers executives both cross-functional and cross industry

    Experiences through stints with affiliate Group companies. This not only enables the

    Development of new skill sets, but also facilitates knowledge sharing and promotes best

    practices across the Company.

    A stimulating work environment and well structured coaching programmes for all Executives

    have also succeeded in improving GCPLs ability to attract and retain the best talent and

    expertise.

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    To tap the young talents of GCPL, the Company set up two strategic teams Blue and Red

    teams which analyzed GCPLs strengths, weaknesses, opportunities and threats and then

    presented a three-year strategic business plan to the Companys senior management team. A

    Plum Team consisting of the senior management and the two teams selects the best options

    and ideas for implementation. This activity is carried out once every two years.

    Young Executive Board - an initiative intended to energize and motivate young decision

    makers. This Board includes young managers from the Godrej Group and develops strategies

    for the group.

    Apart from several team-building activities through various methods such as outbound

    workshops, training programmes, etc, GCPL also conducted the Advanced Management

    Program for Managers, who have 5-10 years of professional experience. The program

    involved an exposure to the basics in respect of all functional areas, followed by a

    comprehensive curriculum, covering advanced management knowledge.

    The Malanpur factory has the executed 5th long term settlement with workmen

    representatives in a win-win manner. This agreement has resulted in improving noodles/soap

    production &productivity, rationalizing labour, leveraging multi-skilling, job rotation and

    flexibility and sustaining key performance indicators with respect to TQM/TPM initiatives.

    GCPL has extended its HR practices to its overseas subsidiaries of Keyline (UK), Rap idol

    (SA), Godrej Global Middle East, Dubai and Kinky (SA). The Company has also been able

    to deploy human resources to these subsidiaries from GCPL, India thereby strengthening key

    functions and providing global exposure to our Indian workforce. Notably, this year, the

    company launched the new Godrej logo initiative, encouraging employee involvement across

    all levels and locations during the launch. The Company conducted various initiatives to

    enhance employee engagementaround the new brand such as the Bedhadak Bolo contest,

    career counselling for the employees children and preventive health check-ups for all

    employees. (Source: - www.godrej.com)

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    The Godrej Dynasty

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    CORPORATE INFORMATION

    BOARD OF DIRECTORS

    Chairman & Managing Director: Jamshyd N. Godrej

    Executive Directors:

    Phiroze D. Lam

    Kyamas A. Palia

    Vijay M. Crishna

    Anil G. Verma

    Non-executive Directors

    Adi B. Godrej

    Nadir B. Godrej

    Kavas N. Petigara

    Behram A. Hathikhanavala

    Fali P. Sarkari

    Pradip P. Shah

    Anita Ramachandran

    Registered & Corporate Office

    Pirojshnagar,

    Eastern express highway,

    Vikhroli, Mumbai 400079.India

    Phone; 022-25188010, 25188020, 25188030

    Fax; 022-25188040

    Website: http://www.godrej.com

    Ahmedabad office:

    Godrej & Boyce Mfg.Co.Ltd

    APM Shopping Mall,

    Shyamal Karnavati, 100Ft. Road.Satellite, Ahmedabad-380015.

    Swami Vivekananda MBA college, Veda

    http://www.godrej.com/http://www.godrej.com/
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    Phone; 079-660606013

    Fax; 079-66060700

    Bankers

    Central Bank of India,

    Union Bank of India,

    Citibank N.A.,

    ICICI Bank Ltd.,

    State Bank of Patiala,

    Axis Bank Ltd.,

    Export-Import Bank of India

    Statutory Auditors

    Kalyaniwalla & Mistry, Chartered Accountants.

    Branches (Sales & Service) And Branded Retail Chain (Godrej Interio)

    Mumbai, Ahmedabad, Bhopal, Dombivli, Indore, Jabalpur, Pune, Raipur, Thane

    New Delhi, Chandigarh, Faridabad, Ghaziabad, Jaipur, Kanpur, Lucknow

    Chennai, Bangalore, Coimbatore, Hyderabad, Kochi, Secunderabad, Trivandrum,

    Visakhapatnam

    Kolkata, Bhubaneswar, Guwahati, Ranchi, Patna

    The Company Has A Network of Company-Operated Godrej Interio Retail Stores,

    More Than 2,200 Wholesale Dealers, and More Than 18,000 Retail Outlets.

    The Company Has Representative Offices In Colombo (Sri Lanka), The Netherlands,

    Sharjah (Uae), Riyadh (Saudi Arabia) And Guangzhou (China-Prc).

    Employees

    10,700 (including 2,000 in Sales and Service)

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    Time line

    1897 - Godrej & Boyce Mfg. Co. Ltd established

    1918 - Godrej Soaps Limited incorporated

    1961- Godrej Started Manufacturing Forklift Trucks in India

    1971- Godrej Agro Limited began as an Animal Feeds division of Godrej Soaps

    1974 - Veg oils division in Wadala, Mumbai acquired

    1990 - Godrej Properties Limited, another subsidiary, established

    1991 - Foods business started

    1991 - Godrej Agro Limited incorporated

    1994 - Transelektra Domestic Products acquired

    1995 - Transelektra forged a strategic alliance with Sara Lee USA

    1999 - Transelektra renamed Godrej Sara Lee Limited

    2001 - Godrej Consumer Products was formed as a result of the demerger of Godrej

    Soaps Limited. Godrej Soaps renamed Godrej Industries Limited

    2002 - Godrej Tea Limited set up

    2003 - Entered the BPO solutions and services space with Godrej Global Solutions

    Limited

    2004 - Godrej HiCare Limited set up to provide a Safe Healthy Environment to

    customers by providing professional pest management services

    2006 - Foods business was merged with Godrej Tea and Godrej Tea renamed Godrej

    Beverages & Foods Limited

    2007 - Godrej Beverages & Foods Limited formed a JV with The Hershey Company

    of North America and the company was renamed Godrej Hershey Foods & Beverages

    Limited

    2008 - Godrej relaunched itself with new colorful logo and a fresh identity music

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    Mission & Vision :-

    Mission:-

    Godrej Mission is to operate in existing and new businesses which capitalize on the

    Godrej brand and corporate image of reliability and integrity.

    Godrej objective is to delight our customer both in India and abroad.

    We shall achieve this objective through continuous improvement in quality, cost and

    customer service.

    We shall strive for excellence by nurturing, developing and empowering our

    employees and suppliers.

    We shall encourage an open atmosphere, conducive to learning and team work.

    Vision :-

    GODREJ IS dedicated to DELIVER SUPERIOR STAKEHOLDER VALUE by

    providing solutions to existing and emerging consumer needs in the Household &

    Personal Care business.

    We will achieve this through ENDURING TRUST & RELENTLESS INNOVATION

    delivered with PASSION & ENTREPRENEURIAL SPIRIT.

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    Social Responsibility

    Godrej has a philanthropic arm that has built schools, dispensaries and a residential complex

    for their employees. Trusts established by Godrej continue to invest in education, healthcare

    and upliftment of the underprivileged.

    Value:-

    Commitment to Quality.

    Customer Orientation.

    Dedication & Commitment.

    Discipline.

    Honesty & Integrity.

    Learning Organization.

    Openness & Transparency.

    Respect/Care & Concern for People.

    Teamwork.

    Trust.

    (Source: - www.godrej.com)

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    CORPORATE DETAILS

    Adi Godrej is the current Chairman of the Godrej Group. Godrej & Boyce Mfg. Co. Ltd. is

    headed by Mr. Jamshyd Godrej. The Group revenue was approximately US$ 2.3 billion in

    financial year 08-09. Godrej Interio is the flagship company of the group.

    The Godrej group can be broadly divided into two major holding companies, working

    independently:

    1.Godrej Industries Ltd.

    2.Godrej & Boyce Mfg. Co. Ltd.

    The Major Companies, subsidiaries and affiliates are

    Chemical & Commodities

    Godrej Industries

    Chemicals

    Veg Oils

    FMCG

    Godrej Consumer Products.

    Keyline Brands UK.

    Rapidol South Africa.

    Godrej Global Mideast FZE.

    Godrej SCA Hygiene Limited.

    Godrej Hershey Foods & Beverages Limited.

    Nutrients

    Godrej Sara Lee.

    Swami Vivekananda MBA college, Veda

    http://en.wikipedia.org/wiki/Adi_Godrejhttp://en.wikipedia.org/w/index.php?title=Godrej_Industries_Ltd.&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Godrej_Industries_Ltd.&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Godrej_%26_Boyce_Mfg._Co._Ltd.&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Godrej_%26_Boyce_Mfg._Co._Ltd.&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Godrej_%26_Boyce_Mfg._Co._Ltd.&action=edit&redlink=1http://en.wikipedia.org/wiki/Adi_Godrejhttp://en.wikipedia.org/w/index.php?title=Godrej_Industries_Ltd.&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Godrej_%26_Boyce_Mfg._Co._Ltd.&action=edit&redlink=1
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    AGRI

    Godrej Agrovet.

    Animal Feeds.

    Goldmohur Foods and Feeds.

    Golden Feed Products.

    Higashimaru Feed Products

    Oil Palm.

    Agri Inputs.

    Godrej Aadhaar.

    Nature's Basket.

    Integrated Poultry Business.

    Plant Biotech.

    Services

    Godrej HiCare (Pest Management Services)

    Godrej Global Solutions (ITES)

    Godrej Properties.

    Product & Division:-

    The company has eight Business divisions that manufacture a wide range of products. They

    are:

    Industrial Products Consumer Products Services

    Tooling Locks ConstructionMaterial Handling Equip Furniture & Interior Tech Services

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    Process Equipment Storage Solutions Property development

    Precision Engg. Systems Appliances Enviro-tech Services

    Precision Components &Systems

    Prima communicationSolutions

    Electrical & Electronics

    Security Equipments

    Locks

    Locking solutions for different security needs to ensure optimum safety.

    Material Handling

    Counter balance trucks, forklift trucks, tyre handlers, all terrain trucks, attachments andaccessories.

    Precision Engineering

    Critical custom-built precision engineering equipments for multiple applications.

    Tooling

    Die casting dies, press tools, special purpose machines and engineering services.

    Vending

    High quality table top beverage vending machines, services and beverages.

    Precision Systems

    Swami Vivekananda MBA college, Veda

    http://www.godrej.com/godrej/vending/index.aspx?id=7http://www.godrejtoolings.com/http://godrejmhe.in/http://www.godrejlocks.com/
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    Machining & fabrication, heat & surface treatment, assembly, testing & supply of complex.

    Process Equipment

    High pressure vessels, heat exchangers, columns, heavy walled reactors and other custombuilt.

    Security Solutions

    Safes, lockers, banking automation products, electronic security systems, premises security.

    Storage Solutions

    Warehousing solutions, automation and consulting.

    (Source: - www.godrej.com)

    Swami Vivekananda MBA college, Veda

    http://www.godrejstoragesolutions.com/http://www.godrejped.com/http://www.godrej.com/godrej/PrecisionSystems/index.aspx?id=21
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    ACHIVEMENTS

    In 1897, Godrej introduced the first lock with lever technology in India.

    In 1902, Godrej made the first Indian safe.

    In 1920, Godrej made soap using vegetable oil, which was a huge hit with the

    vegetarian community in India

    In 1955, Godrej produced India's first indigenous typewriter

    In 1989, Godrej became the first company to introduce PUF ( Polyurethane Foam)

    Introduced India's first and only 100% CFC, HCFC, HFC free refrigerators.

    Godrej Consumer Products Ltd. has been ranked 14th in The Best Companies to

    Work For study.

    Godrej Consumer Products Ranks 6th in ET-Hewitt Best Employers of India survey.

    GCPL ranked 15th in Great Places to Work 2006 survey.

    Godrej Consumer Products features in the Top 25 list of Great Places to Work

    (survey conducted by Grow Talent in association with Business World) for four years in a

    row.

    The Return on Capital Employed and Return on Net Worth ratios of Godrej

    Consumer Products - the highest in corporate India.

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    AWARDS AND HONOURS

    Godrej Appliances bags National Energy Conser vation Award - 2009 for its eco

    friendly refrigerators

    Godrej Refrigerators voted Consumer Super brand 2009-10

    Godrej Refrigerators win more accolades

    Godrej Appliances scores a Golden Hat- Trick

    Godrej appliances win Mera Brand & Smart Living Award

    Godrej Consumer Products Limited ranks 9th in the Great Place to Work Survey

    for 2008. GCPL, the Highest Ranked Indian FMCG in Asia's Hot Growth Companies'

    Listby Business Week.

    Godrej Consumer Products Ltd. has been ranked 14th in The Best Companies to

    Work For study. This study was jointly conducted by Business Today, Mercer and

    Taylor Nelson Sofres (TNS).

    Godrej Consumer Products Ranks 6th in ET-Hewitt Best Employers of India

    survey.

    GCPL ranked 15th in Great Places to Work 2006 survey.

    The Corporate Citizen of the Year Award given by Economic Times.

    Flagship brands Good knight, Cinthol and Ezee selected Super brandsby the Super

    brands Council.

    Godrej Sara Lee, the JV between the Godrej Group and Sara lee Corporation, USA is

    acknowledged the World's largest mat manufacturers and South Asia's largest

    manufacturers of Coils.

    Godrej Consumer Products Limited, adjudged as a Business Super brand by the

    Super Brands Council.

    The Return on Capital Employed and Return on Net Worth ratios of Godrej

    Consumer Products - the highest in corporate India.

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    Godrej Consumer Products was awarded the "Best Managed Workforce" award

    given by Hewitt Associates and CNBC TV18.

    Godrej Consumer Products features in the Top 25 list of Great Places to Work

    (survey conducted by Grow Talent in association with Business World) for fouryears in arow.

    Lifetime Achievement Award for Godrej Industries from CHEMEXCIL, the Basic

    Chemicals Pharmaceuticals and Cosmetics Exports Promotion Council.

    2006

    Lalji Mehrotra Foundation Award for Excellence, conferred by National Society for

    Equal Opportunities for the Handicapped.

    Great Son of India Award given to Sohrab Godrej by National Convention for

    Protection of India's Resources and Environment.

    2005 BNHS Green Governance Award for the Category - Conservation &

    Restoration of Habitat, awarded to Godrej & Boyce Mfg. Co. Ltd

    2003 Economic Times Corporate Excellence Award for Corporate Citizenship

    1994Nisarga Mitra Award from Rotary Club of Bombay, Vikhroli for Environmental

    Conservation

    1991 Indira Gandhi Paryavaran Puraskar awarded to Sohrabji Godrej.

    1989 Institution of Economic Studies Lok Shree Award for Social Commitment

    towards the society.

    Sales (including excise duty)

    Fiscal Year 2008-09: Rs. 43 billion (US$ 881 million) Combined Sales of the Company and

    its major subsidiaries and affiliates, for FY 2008-09: Rs. 107 billion (US$ 2.3 billion)

    (Source: - www.godrej.com)

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    BUSINESS PROFILE

    Updated- October

    2009

    No. Major Companies, Lines of Business and AnnualSales (including Excise Duty)For the Fiscal Year ended December 31, 2008 / March 31, 2009

    Rs. million US$ million

    Rs. 47000

    1 GODREJ & BOYCE MFG. CO. LTD.Major Subsidiaries Of Godrej & Boyce Mfg. Co. Ltd.(Figures In Brackets Indicate The Companys Interest)

    42982 914.5

    2 GODREJ INDUSTRIES LTD. (59%)(Listed on the Stock Exchange)Industrial Chemicals: Fatty Alcohol, Fatty Acids, Glycerine and SurfactantsOthers: Estate Management, Finance & Investments, and Edible Oils

    8735 185.8

    3 GODREJ INFOTECH LTD. (52%)Infotech Services, ERP Practice and Software Development

    833 8.3

    4 GODREJ (MALAYSIA) SDN. BHD., Malaysia (83%)Steel Furniture and Equipment

    99 2.1

    5 GODREJ (SINGAPORE) PTE. LTD., Singapore (59%)Steel Furniture and Equipment

    147 3.1

    6 MAJOR SUBSIDIARIES OF GODREJ INDUSTRIES

    LTD. GODREJ AGROVET LTD.(75% held by Godrej IndustriesLtd.)Animal Feeds, Agri-Inputs, Oil Palm, Processed Poultry Products and Rural

    Retailing

    12835 273.1

    7 GODREJ PROPERTIES LTD.(80% held by Godrej Industries Ltd.)Real Estate and Property Development

    1259 26.8

    8 GODREJ INTERNATIONAL LTD., Isle of Man(100% heldby Godrej Industries Ltd.)International Trading

    5429 115.9

    9 MAJOR AFFILIATES (Figures in brackets indicate the extent of

    Combined Holding) GODREJ CONSUMER PRODUCTLTD.

    (59%) and its subsidiaries.Personal and Household Care Products

    14352 305.4

    10 GODREJ SARA LEE LTD. (49%) and its subsidiaries(A Joint Venture with Sara Lee Corp., USA)Household Insecticides

    8045 172.2

    11 GEOMETRIC LTD. (29%) and its subsidiaries 5981 127.2

    12 GODREJ TYSON FOODS LTD. (49%)(A Joint Venture with Tyson Foods, Inc., USA) Processed Meat 1575 33.5

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    13 GODREJ HERSHEY LTD. (43%) (A Joint Venture with TheHershey Co., USA)Packet Tea, Vanaspati/Refined Oils and Fruit Drinks

    2424 51.6

    14 NUTRINE CONFECTIONERY CO. LTD.(100% held byGodrej Hershey Ltd.) Sugar Confectionery

    1763 37.5

    15 GODREJ EFACEC AUTOMATION & ROBOTICS

    LTD. (50%) (A Joint Venture with Efacec Automacao e Robotica S.A.,Portugal)Automated Storage and Retrieval Systems, and Automated Warehousing

    138 2.9

    16 MERCURY MFG. CO. LTD., SEZ, Chennai (50%)Steel Furniture and Office Equipment

    250 5.3

    17 GODREJ & KHIMJI (MIDDLE EAST) LLC., Oman

    (49%) Steel Furniture and Office Equipment

    208 4.4

    18 GODREJ (VIETNAM) CO. LTD., Vietnam (100%) 214 4.6

    TOTAL 106871 2273.9

    CHAPTER- 2

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    COMPANY PROFILE

    Started in 1897 as a lock manufacturing company, the Godrej Group is today one of the most

    accomplished and diversified business houses in India. Godrej's success has been driven by

    the company's commitment to delivering innovation and excellence. Through the consistent

    application of this commitment and a century of ethical business conduct, Godrej has earned

    an unparalleled reputation for trust and reliability.

    The beginning of the Godrej Group can be traced to India's freedom struggle. Its founder,

    Ardershir Godrej, a lawyer by profession and a staunch nationalist, believed that India could

    attain freedom only by being self-reliant. In doing so, India would overcome economic

    degradation.

    On 7th May, 1897, Ardershir Godrej gave up law and took up lock making. Godrej and

    Boyce Mfg. Co. Ltd., was established at Lalbaug, Mumbai. This was the holdingcompany

    of the Godrej Group. On 3rd March, 1932, it was incorporated with limited liability. Even

    though Boyce was a business partner for a limited period only, his name was retained for

    legal purposes.

    The Godrej Name displaced well established foreign brands from the Indian market. The

    name 'Godrej' engraved into the shiny metal of the Godrej Locks came to be known as a

    symbol of self reliance, trust-worthiness, assertiveness and progressiveness for a new

    generation of Indians.

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    Godrej & Boyce Mfg. Co. Ltd. Appliance Division is in the business of manufacturing

    and/ or marketing Refrigerators, Washing Machines, Air Conditioners, DVD Players and

    Microwave Ovens.

    Godrej began manufacturing of refrigerators in 1958. From creating a revolution with PUF

    (Polyurethane Foam) in 1989 to, colour doors and vinyl draping, 100% CFC free

    Refrigerators, to Godrej Pentacool five side cooling in 2001 and Pentafresh Technology in

    2004 and now EON range of Frost Free Refrigerators with seven wonders including

    revolutionary Cool Shower Technology, we have been at the forefront of product innovation.

    Godrej started manufacturing Washing Machines in 1996. We have a complete range of Hi

    Tech Semi Automatic, Fully Automatic and Front Loading Washing Machines. Our

    manufacturing facilities are located in Shirwal (near Pune) & Mohali (near Chandigarh).

    In the AC category we have over 15 models straddling Split and Window segments.

    Equipped with Blue Fin and I-TREC technology, Godrej A.C offer best in class cooling and

    efficiency.

    We have recently stepped into the Microwave Oven category and in a short span of time

    garnered a good market presence, through our range of models across solo, grill and

    convection segments.

    DVD players mark our foray into the Consumer Electronics segment. With a portfolio of 4

    unique models which club great aesthetics and big sound, and plans of more models we are

    geared to making our presence felt here as well.

    In addition to the above products, we also have the Godrej Smart care Service brand to

    provide excellent 'After Sales Service'. With 370 service canters spread over the country,

    consumers continue to rate Godrej after Sales Service the best in the industry.

    Apart from catering to the domestic consumers, Godrej is also a key OEM supplier in India.

    After the success achieved in the domestic market, Godrej is also looking at Exports in a big

    way and has launched its Refrigerators and Washing Machines in Sri Lanka. We also export

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    our products to Singapore, Afghanistan, the Middle East, Egypt, Kenya, Rwanda, Bahrain

    and Oman.

    Consumer electronics milestones:-

    1958 -1st Indian Company to manufacture Refrigerators.

    1987 - Pioneered PUF (Polyurethane Foam) Technology in India.

    1989 - First company to introduce PUF (Polyurethane Foam)

    1989 - Introduces India's first and only 100% CFC, HCFC, HFC free refrigerators

    1989 - First company to sell 10 million appliances

    1994 - 1st Company in India to sell 10 million appliances.

    1995 - Obtains ISO 9001 Certification

    1996 - Launches Washing Machines by commissioning a new manufacturing set-up at

    Shirwal - State-of-art Manufacturing Plant starts operation at Mohali.

    1997 - Launches Air Conditioners - Obtains ISO 14001 certification.

    2000 - First Durable Company in India to launch Branded Customer Service -

    SMARTCARE

    2001 - Launches Pentacool Refrigerators with Revolutionary Five Sides Cooling.

    2002 - 1st and only Company in India to make its Entire Refrigerator Range Green (100%

    CFC, HCFC & HFC free).

    2004 - Godrej Refrigerator awarded the Super Brand Status. Declared No. 1 in

    Business world Consumer Delight Survey.

    2005 - Launches Microwave Ovens and DVD players. Declared the Most Preferred Brand

    in CNBC Awaaz Consumer Awards.

    2006 - Launches Eon Refrigerators with Cool Shower Technology that are adjudged the

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    Best Design in Consumer Durables Category at Business world NID Design Awards.

    - 1st Company in India to introduce Steam Microwave Oven.

    - Declared the Most Trusted Refrigerator Brand in India by Readers Digest.

    2007 - Godrej Refrigerators win Trusted Brand Gold award for the second consecutive

    year from Readers Digest consumer survey.

    - Godrej Refrigerators adjudged Most Preferred Brand award for the third

    Consecutive year as per the CNBC Consumer Awaaz Surve.

    (Source: www.godrejappliances.com)

    Division of GODREJ & Boyce Mfg.Co.Ltd

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    Appliances Product :-

    Refrigerators

    Direct cool

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    GODEREJ

    & Boyce

    Mfg.Co.Ltd

    Security

    Equipment

    divisionAppliance

    Furnitures

    Goods

    Home

    Appliance

    Material

    HandlingEquipment

    Refrigerator MicrowaveWashingMachine

    A.C

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    Cold Gold Deluxe

    Pantacool v2/v5

    Pantacool

    Axis

    No.1

    GDC 1105

    Edge

    Neo

    Frost free

    EON

    Pantacool

    Air-Conditioners

    Spilt AC

    Mirror Star Series

    Silver Line Series

    Pearl Series

    Ivory Series

    Lunar series

    Champagne series

    Window AC

    Glacia Series

    Helix Series

    Washing Machines

    Fully Automatic

    Front Loading

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    Top Loading

    Semi Automatic

    Microwave Ovens

    Steam

    Convection

    Grill/combination

    Solo

    (Source: www.godrejappliances.com)

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    On completion of his 50 years, Godrej celebrating his programme jubilee of smiles. With

    offering new schemes and prizes on every purchase by customer.

    Godrej Smart Care :-

    Godrej gives his consumers a better living. By Offering Him, His new smart care service, in

    this service Godrej gives the additional warranty to their customers for a fix period and the

    money taken against it is called insurance premium by using it any customer can call in the

    company for any little fault.

    In Godrej Appliances, Consumer Service is not a job. It is our opportunity for bonding with

    the consumer. Over the years we at Godrej have nurtured and invested in Consumer Service.

    The expanding family of satisfied Godrej consumers who have been using our appliances are

    testimony to the fact that today they acknowledge it as a part of our Brand DNA.

    From offering Godrej Service only in the 18 towns where the company's branches exist, we

    have begun the aggressive transition to making it more accessible. The Godrej Brand ofConsumer Appliance Service has been christened to "SmartCare" to signify this objective of

    reaching you - with Service for a better living.

    "SmartCare" steps in with a desire to provide answers to customers' Appliance Service

    needs.

    When your domestic appliance like refrigerator, washing machine or air-conditioner fails to

    work, it is always necessary to spend some time in deciding whom to call for service. You

    have known through the newspapers and various other media that many times service

    technicians rip-off customers. The best way to overcome such situation is to become a

    knowledgeable customer.

    Price need not be the only consideration while requesting service. Our website will tell you

    what options are available to try to help you decide what route should be taken.

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    Our extensive Smart Tips section may help you avoid expensive repairs or even the need for

    service entirely. In order to save your monthly electricity bill, we have provided Energy

    Saving Tips that are easy to practice.

    We believe in customer relations and with the same belief, the Service Products section can

    help you in knowing details ofservice contracts and accessories we have forcustomers like

    you. The terms and conditions of the warranty and optional service contracts are listed

    underService Support section. If you have simply forgotten how tooperate your appliance

    and you've misplaced the instructions, ourUse & Care Guidepartwill help in pointing you

    to resources to order.

    To enable you to know more on current events of our service you may refer to the section

    titled Service News where you will gather information on the necessity of change in

    refrigeration technology, service training programs etc. Also frequently asked questions are

    answered in the FAQpart.

    If you are the hands-on type and want to attempt to repair your appliance yourself, the

    Problem Solver section is the best resource you could look for. Along with the Smart Tips

    section, you should be well on your way to repairing your domestic appliance yourself.

    However for any reason you need our assistance please refer to Contact us section.

    For those desiring to purchase new appliances, Helpful Shopping Guide will be linked that

    is useful. The On-line Service Request enables our customers to register a service call, in

    case of any problem, guidance-required etc. Finally, you will be able to send us your

    feedback on our service through On-line Surveypart of the website.

    (Source: www.Godrejsmart.com)

    COMPETITORS

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    INTRODUCTION:-

    From its inception as a small export business in Taegu, Korea, Samsung has grown to

    become one of the worlds leading electronics companies ,specializing in digital appliances

    and media ,semiconductors ,memory, and systems integration ,today Samsung s innovative

    and top quality products and processes are world recognized .this time line captures the

    major milestones in Samsung s history , showing how the company expanded its product

    lines and reach ,grew its revenue and market share ,and has followed its mission of making

    life better for consumers around the world .

    On March 1, 1938, founding chairman Byung-Chull Lee started a business in Taegu,

    Korea, with 30,000 won.

    At the start, his business focused primarily on trade export, selling dried Korean fish,

    vegetables, and fruit to Manchuria and Beijing. In little more than a decade, Samsung which

    means "three stars" in Korean would have its own flour mills and confectionery machines, its

    own manufacturing and sales operations, and ultimately evolve to become the modern global

    corporation that still bears the same name today.

    1970. Black and white TV (model: p-3202) production started by Samsung-Sanyo.

    1974: Began washing machine and refrigerator production Samsung India strengthens its

    Fully Automatic Washing Machine range.

    1976. 1 millionth black-and-white TV produced

    Latest Archives of Samsung

    SAMSUNG launches the largest 5 Star rated refrigerator range, 'Freshtech Ultima' inthe Indian market

    SAMSUNG launches its 2009 range of bio sleeplus air conditioners

    VISION :-

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    Samsung is guided by a singular vision: to lead the digital convergence movement.

    Samsung believe that through technology innovation today, we will find the solutions we

    need to address the challenges of tomorrow. From technology comes opportunity for

    businesses to grow, for citizens in emerging markets to prosper by tapping into the digital

    economy, and for people to invent new possibilities.

    Its our aim to develop innovative technologies and efficient processes that create new

    markets, enrich peoples lives and continue to make Samsung a trusted market leader.

    MISSION :- To create technology products and services that leads the industry.

    To put into place more efficient management and production processes.

    To maintain the steadfast focus on strengthening our organization, on continuing to

    be a global technology leader and trusted, responsible company.

    (Source: www.sumsung.com)

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    INTRODUCTION:-

    Birth and establishment of a new era for electronics industries

    LG Group founder In Hwoi, Koo set LG history in motion with the establishment of the Lak

    Hui Chemical Industrial Corp. in 1947. During those formative years, the companyemphasized the principle of creating harmony among people. The employees believed that

    mutual trust and responsibility were crucial to accomplishing business objectives.

    In 1952, Lak Hui (currently LG Chem.) became the first Korean company to enter the

    plastics industry. As the company expanded its plastics business, it established Gold star Co.,

    Ltd., (currently LG Electronics Inc.) in 1958. In 1959, Gold star produced Korea's first radio,

    opening a new era for the nation's electronics industry. In the early 1950s, LG had already

    established the foundation for its two major sectors-the chemical and electronics businesses-

    thereby leading the development of Korea's industries.

    Korea vigorously implemented economic development plans and gradually consolidated the

    groundwork for its growth, emerging as a developing nation. Accordingly, LG gradually

    expanded its chemical and electronics businesses, which created the foundation for a big

    business group.

    During this decade, Gold star Co., Ltd., produced Korea's first electronic products such as

    electric fans in 1960, refrigerators in 1964, black and white televisions in 1966, air

    conditioners in 1968, and washing machines and elevators in 1969. Gold star soon became

    Korea's leading company in the chemical, energy, and electronics industries.

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    1996:LG Established in India

    A Giant leap toward the future :-

    LG has adopted new visions for the 21st century. Its new visions are to develop a corporation

    where employees reach their full potential, shareholders maximize their value, and

    consumers are satisfied and touched emotionally.

    On March 1, 2003, LG launched its comprehensive holding company LG Corp. LG became

    the first major Korean corporation to introduce a holding company structure with advanced

    corporate governance. By converting its structure into the holding company system, where

    investment and business divisions are separated, LG committed itself to overcoming chronic

    problems that most of Korea's large companies had in governance, especially in circulatoryinvestments between subsidiaries.

    LG is now striving to fulfil its goal of becoming a first-class corporation by embracing

    "Jeong-Do" Management and continuous innovation

    (Source: www.L.G.com )

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    INTRODUCTION :-

    Whirlpool Corporation today is the world's leading manufacturer and marketer of major

    home appliances. Whirlpool realizes annual sales of approximately $19 billion, has 70,000

    employees and maintains 69 manufacturing and technology research canters around the

    world. We market Whirlpool, Maytag, Kitchen Aid, Jenn-Air, Amana, Brastemp, Consul,

    Bauknecht and other major brand names to consumers in nearly every country around the

    world.

    Our beginnings, though, were much more humble, based on a business failure and the vision

    of one family. In 1908, Lou Upton invested his savings in a venture to manufacture

    household equipment. When that company failed to materialize, Upton was offered the

    opportunity to select something of value from the failed venture as a return on his

    investment. He chose the patents on a hand washing machine that he thought might be

    electrified.

    Lou Upton brought the patents and his innovative vision home to St. Joseph, Michigan. In

    1911, Lou joined his uncle Emory and brother Fred to produce motor-driven wringer washers

    as the Upton Machine Company.

    Whirlpool Corporation is a leader of the $100 billion global home appliance industry. Our

    appliances are marketed in nearly every country around the world.

    Whirlpool manufactures appliances across all major categories, including fabric care,

    cooking, refrigeration, dishwashers, countertop appliances, garage organization and water

    filtration.

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    Leading Brands :-

    Whirlpool markets some of the worlds most recognized appliance brands, including

    Whirlpool, Maytag, Kitchen Aid, Jenn-Air, Amana, Bauknecht, Brastemp and Consul. TheWhirlpool brand is the world's No. 1 global appliance brand and ranks among the world's

    most valuable brands identified by Brand Finance, the worlds leading independent brand

    valuation and marketing metrics consultancy.

    Whirlpools Vision :-

    Every Home Everywhere with Pride, Passion and Performance

    Vision reinforces that every home is our domain, every customer and customer activity our

    opportunity. This vision fuels the passion that we have for our customers, pushing us to

    provide innovative solutions to uniquely meet their needs.

    Pride... in our work and each other

    Passion... for creating unmatched customer loyalty for our brands

    Performance... that excites and rewards global investors with superior returns we

    bring this vision to life through the power of our unique global enterprise and our

    outstanding people... working together... everywhere.

    Whirlpools Values :-

    Values are constant and define the way that all Whirlpool Corporation employees are

    expected to behave and conduct business everywhere in the world.

    Respect: - We must trust one another as individuals and value the capabilities and

    contributions of each person.

    Teamwork: - We must recognize that pride results in working together to unleash

    everyones potential, achieving exceptional results.

    Spirit of Winning: - We must promote a Whirlpool culture that enables individuals

    and teams to reach and take pride in extraordinary results and further inspire the "Spirit of

    Winning" in all on us.

    (Source: www.whirlpool.com)

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    In Indian Television History Godrej is the first Home Appliances Company which is

    Produce a Game show. Godrej Khelo Jeeto Jiyo (KJJ/ Program) is a television show

    sponsored jointly by Godrej Industries Limited and Godrej & Boyce Manufacturing

    Company Limited, hereinafter referred jointly as Sponsor and produced by Synergy

    Adlabs Media Limited (Producer). The Program is a game-show involving teams, with

    two members each, competing in a series of activities as given below to win prizes. And

    the prize is a Godrej Brighter Home.

    (Source: www.godrejcp.com )

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    CHAPTER- 3

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    Objectives of the study :-

    To know the competition level and the competitive advantage of Godrej with the other home

    appliances product provider companies in AHMEDABAD CITY. This study is based on the

    selected areas market demand and market share of Godrej appliances. For knowing the

    competition level and the advantage the objective is divided in two different segments. These

    are as follows.

    The primary objective of the study was, to analyze the position of Godrej against its

    competitors.

    The secondary objectives of the study was

    To know that how many family use the home appliance.

    To know that which brand customer more like.

    To know that satisfaction level of uses the other company products.

    To know that the customer knowing about the Godrej products.

    How many families use the Godrej products? Why.

    How many families do not use the Godrej products? Why.

    To know the customer want to purchase in future. Why and why not?

    To know that, compare to the other product or appliance how would you the rate

    Godrej products.

    To know that, which factors influence the customer purchases any products.

    To know that satisfaction level of Godrej products.

    To know the complete satisfaction of all problems solved/attended after purchase the

    product. ( Godrej customer service )

    To make suggestion, if any further requirement in Godrej product.

    To make suggestion, if any to improve existing condition.

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    Scope of Study :-

    Today the FMCG Industry is undergoing a revolution. Many types of branded companies are

    entering into this field. This has given rise to the opening of the competitive HOMEAPPLIENCES service stations like LG, SAMSUNG, WHIRLPOOL, ONIDA, and

    VEDIOCON to offer the requisite services to the HOME APPLIENCES users.

    The survey was conducted in AHMEDABAD CITY and with the study we can get some

    suggestions from customer for service improvements in terms of quality. In the study we can

    find out the levels of customer satisfaction .we can also identify the causes for customer

    dissatisfaction like Relationship, more service charges, and delivery of the product.

    Limitations of the Study :-

    The sample size of customer is limited to 200 because of time and cost factor.

    The information collected may not be sufficient and reliable in terms of total market

    conditions in Ahmadabad.

    The study was time bound.

    Many of the respondents were not open with their responses.

    Majority of the customers were too aggressive in nature.

    Lack of customer cooperation was a major constraint.

    There may be error due to bias of respondents.

    The behaviour of the customers while approaching them to fill the questionnaire was

    unpredictable.

    Some of the security guards are not co-operative.

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    DATA COLLECTION

    SOURCES OF DATA :-

    PRIMARY DATA :-

    Primary data refers to data that is collected afresh and recorded for the first time. Primary

    data are those data i.e. collected by the researcher himself. It thus happens to be original in

    nature. The various methods of collecting primary data are performing surveys, census,

    through observation or through correct communication with respondents. But basic manner

    of primary data collection is survey method. The primary data for the study was collected

    through questionnaire and informally.The primary data is collected from a questionnaire which is having 15 questions. Every

    question is having its own value and it provides various aspects of this report. For collecting

    the data we go through the customers situated in Ahmadabad city area.

    SECONDARY DATA :-

    Secondary data refers to that which has already been collected by someone else.

    Secondary data for the study was collected from:-

    Published literature

    Company published data and broachers

    Internet

    Commercial service

    Books

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    Methodology:-

    The success of the analysis mostly depends on the methodology on which it is carried out.

    The appropriate methodology will improve the validity of the findings.

    Area of the study:-

    The study was mainly concentrated on Ahmadabad city.

    Research Design:-

    Descriptive Research: Descriptive research includes survey and fact-findings enquire of

    different kinds. The major purpose of descriptive research is description of the state affairs,

    as it exists at present.

    Data Collection:-

    The study is based on the data collected through primary and secondary sources.

    Primary Data:-

    An interview schedule was designed to collect primary data from various customers.

    Secondary Data:-

    Secondary data was collected from journals, magazines, web sites and from other relevant

    publications.

    Sampling Design:-

    The sampling design mainly consists of the sample taken for the study along with the sample

    size, sample frame and sampling method.

    Sample Universe:-

    All customers those who are uses in the selected Areas in Ahmedabad were taken as thesample universe.

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    Sample Size:-

    From the universe, sample sizes of 200 customers were selected for the purpose of the study.

    Sample Frame:-

    The customer was selected on a random basis from which the respondents were selected

    based on convenience.

    Sampling Method:-

    Convenience sampling was used, based on the willingness and availability of the

    respondents. The study was conducted on customer with different type of brand business in

    same segment.

    Research period:-

    The time for the project was limited to 45 days only, from this, 20 days was spent for the

    collection of data.

    Design of the study:-

    The chapter briefly describes the design of the study to explain the objectives, scope of the

    study, methodology, sampling, field work and finally the limitations of the study.

    Statement of Problem :-

    Today is the world of inventions and innovations and that lies in a customer who is dynamicand his beliefs, attitude and his satisfaction level. It is needless to affirm that marketing is a

    new way of thinking about how companies and other organization can develop beneficial

    change with target customer who is always inclined in seeking to satisfy some needs and

    wants. Hence the problem is how we can find more customers for what services we provide,

    how the company can live up to their expectations and understand the different aspects of

    customers views.

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    RESEARCH DESIGN :-

    Meaning of the Research Design:-

    Research design is the arrangement of conditions and analysis of data in a manner that aims

    to combine relevance to the research purpose with economy in procedure. In other words it is

    a logical and systematic plan prepared for directing a research study. It specifies the

    objectives of the study, the methodology and the techniques to be adopted for achieving the

    objectives.

    Exploratory:-

    Exploratory research is used when one is not conversant with the problem environment such

    type of investigation is mainly concerned in determining the general nature of the problem

    and variables related to it.

    Research methodology is a way to systematically solve the research problem. It may be

    understood as a science of studying how research is done scientifically. Exploratory research

    is done through surveys to find the various aspects of customer satisfaction like margin,

    service charges, service delivery, etc. Questionnaire is prepared to collect the primary data.

    Comparative research:-

    Comparative research, simply put, is the act of comparing two or more things with a viewto

    discovering something about one or all of the things being compared. This technique isoften

    utilizes multiple disciplines in one study.

    When it comes to method, the majority agreement is that there is no methodology peculiar to

    comparative research. The multidisciplinary approach is good for the flexibility it offers, yet

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    comparative programs do have a case to answer against the call that their research lacks a

    seamless whole

    There are certainly methods far more common than others in comparative studies, however.

    Quantitative analysis is much more frequently perused than qualitative, and this is seen in the

    majority of comparative studies can be use quantitative data.

    The general method of comparing things is the same for comparative research as it is in our

    everyday practice of comparisons. Like cases are treated alike, and cases are treated

    differently; the extent of difference determines how differently cases are treated. The point

    here is that if one is able to sufficiently distinguish two cases, comparative research

    conclusions will not be very helpful.

    Secondary analysis of quantitative data is relatively widespread in comparative research,

    undoubtedly in part because of the cost of obtaining primary data for such large things as a

    countrys policy environment. A typical method of comparing welfare state is to take balance

    their levels of spending on social welfare.

    In line with how a lot of theorizing has gone in the last century, comparative research does

    not tend to investigate grand theories such as Marxism. It instead occupies itself with

    middle-range theories theories that do not purport to describe our social system in its

    entirely, but a subset of it. A good example of this is the common research programs that

    looks for differences between two or more social systems, then look at these differences in

    relation to some other variable coexisting in those societies to see if it is related. The classic

    case of this is Espying-Andersons research on social welfare systems, and compared them

    based on their levels of deco modification of social welfare goods. He found that he was able

    to class welfare states in four types, based on their deco modification. She further theorized

    from this that deco modification was based on a combination of class collisions and

    mobilization, and regime legacy. Here Espying- Anderson is using comparative research: he

    takes many western countries and compared their level of deco modification, then develops a

    theory of the divergence based on his findings.

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    Comparative research is a methodology in the social sciences that aims to make comparisons

    across different countries and cultures. A major problem in comparative research is that the

    data sets in different countries may not use the same categories, or define categories

    differently.

    Customer satisfaction:-

    It is 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 perspectives of a balanced score.

    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.

    There is a substantial body of empirical literature that establishes the benefits of customer

    satisfaction for firms.

    Measuring customer satisfaction:-

    Organizations are increasingly interested in retaining existing customers while targeting non-

    customers measuring customer satisfaction provides an indication of how successful the

    organization is at providing products and/or services to the marketplace.

    Customer satisfaction is an ambiguous and abstract concept and the actual manifestation of

    the state of satisfaction will vary from person to person and product/service to

    product/service. The state of satisfaction depends on a number of both psychological and

    physical variables which correlate with satisfaction behaviours such as return and

    recommend rate. The level of satisfaction can also vary depending on other options the

    customer may have and other products against which the customer can compare the

    organization's products.

    Because satisfaction is basically a psychological state, care should be taken in the effort of

    quantitative measurement, although a large quantity of research in this area has recently been

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    developed. Work done by Berry (Bart Allen) and Brodeur between 1990 and 1998 defined

    ten 'Quality Values' which influence satisfaction behaviour, further expanded by Berry in

    2002 and known as the ten domains of satisfaction. These ten domains of satisfaction

    include: Quality, Value, Timeliness, Efficiency, Ease of Access, Environment, Inter-

    departmental Teamwork, Front line Service Behaviours, Commitment to the Customer and

    Innovation. These factors are emphasized for continuous improvement and organizational

    change measurement and are most often utilized to develop the architecture for satisfaction

    measurement as an integrated model. Work done by Parasuraman, Zeithaml and Berry

    (Leonard L) between 1985 and 1988 provides the basis for the measurement of customer

    satisfaction with a service by using the gap between the customer's expectation of

    performance and their perceived experience of performance.

    This provides the measurer with a satisfaction "gap" which is objective and quantitative in

    nature. Work done by Cronin and Taylor propose the "confirmation/disconfirmation" theory

    of combining the "gap" described by Parasuraman, Zeithaml and Berry as two different

    measures (perception and expectation of performance) into a single measurement of

    performance according to expectation. According to Garbrand, customer satisfaction equals

    perception of performance divided by expectation of performance.

    The usual measures of customer satisfaction involve a survey with a set of statements using a

    Liker Technique or scale. The customer is asked to evaluate each statement and in term of

    their perception and expectation of performance of the organization being measured.

    Customer Perception:-

    Customer perceptions are what indicate whether you have achieved satisfaction or not. In

    other words, they represent stepping stones along a continuum. Perceptions accumulate over

    time and gradually equate to either satisfaction or dissatisfaction. You job is to understand

    and act on these perceptions so the final result is customer satisfaction.

    The word perception was used in ISO 9001, in my opinion, to highlight just how subjective

    this quality is. Perceptions can comprise just about anything: fact, fiction, and fantasy,

    whatever. If customers believe their perceptions, though, the perceptions have the weight of

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    fact. That is why it is so important to reach out to customers and specifically ask them what

    they think. By their very nature, you probably wont agree with all the perceptions. A

    perception equals fact in the mind of the customer, though. You must act on these

    perceptions and let the customer know what youve done.

    It sounds like your salesmans trip report could be a very effective tool for capturing

    perceptions. After all, hes on-site with the customer and probably can solicit candid

    responses. Here are a few of questions related to these trip reports.

    1) Where did the issues on the trip report come from? Are they the result of understanding

    what the customers really value, or are they just a guess at what the customers value?

    2) Does the salesman ask for open-ended feedback, as well as scaled responses? Open ended

    feedback typically generates the most valuable information, despite the fact it doesnt

    produce much hard data.

    3) Does the salesman carry a digital camera with him for taking pictures of problems or

    concerns? He should. This is a great opportunity for grabbing peoples attention back at the

    plant, and a picture will certainly do it.

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    Consumer Behaviour:-

    I consumer business context referred to as the study of when, why, how, where and what

    people do or do not buy products. It blends elements from psychology, sociology, social,

    anthropology and economics. It attempts to understand the buyer decision making process,

    both individually and in groups. It studies characteristics of individual consumers such as

    demographics and behavioural variables in an attempt to understand people's wants. It also

    tries to assess influences on the consumer from groups such as family, friends, reference

    groups, and society in general. Customer behaviour study is based on consumer buying

    behaviour, with the customer playing the three distinct roles of user, payer and buyer.

    Relationship marketing is an influential asset for customer behaviour analysis as it has a keen

    interest in the re-discovery of the true meaning of marketing through the reaffirmation of the

    importance of the customer or buyer. A greater importance is also placed on consumer

    retention, customer relationship management, personalization, customization and one-to-one

    marketing. Social functions can be categorized into social choice and welfare functions. Each

    method for vote counting is assumed as a social function but if Arrows possibility theorem

    is used for a social function, social welfare function is achieved. Some specifications of the

    social functions are decisiveness, neutrality, anonymity, monotonocity, unanimity,

    homogeneity and weak and strong Paretooptimality. No social choice function meets these

    requirements in an ordinal scale simultaneously. The most important characteristic of a social

    function is identification of the interactive effect of alternatives and creating a logical relation

    with the ranks. Marketing provides services in order to satisfy customers. With that in mind,

    the productive system is considered from its beginning at the production level, to the end of

    the cycle, the consumer (Kioumarsi et al., 2009).

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    Sample Design:-

    Sampling may be defined as the selection of some part of an aggregate or totality, on the

    basis of which judgment about the aggregate or totality is made. In other words, it is the

    process of obtaining information about an entire population by only examining only a part of

    it. For the purpose of this study 200 samples i.e. Dealers in Areas surveyed to collect theprimary data. The convenient sampling is used to select the representative sampling from the

    population, because researcher does not have subscriber who are easily accessible.

    Definition of the population:-

    Out of the sample collected the breakup of the sample size was on the following parameters.

    This sample is collected from the various Areas in Ahmadabad. The list of Area was

    provided by our company to collect the data.

    The respondents were taken from all the kinds of size i.e. high, lower and middle sizes.

    The respondents have been chosen on random basis.

    Also the opinion of dealers had been taken.

    The sample size consists of 200 respondents.

    Sample size:-

    A total number of 200 respondents were included in the study.

    Sample Procedure:-

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    The sampling design, I have chosen to decide the sample for study is based on convenient

    sampling.

    CHAPTER- 4

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    DATA ANALYSIS AND INTERPRETATION

    Introduction to Analysis:-

    After tabulating, the data must be analyzed, researcher often use statistical interpretation

    which concentrates on what is average or what deviates from an average. Statistical

    interpretation, shows how widely the response vary and how they are distributed in relation

    to the variable, being measured, statistical market rely on estimates of expected errors or

    deviation from the two values of population. The analysis and interpretation of data may lead

    the researcher to accept or reject the hypothesis being selected.

    Data Analysis Tools Used:-

    The process of arranging data into groups or classes according to resemblance and

    similarities is technically called classification. Classification is the process of arranging the

    data into sequences and groups according to their common characteristics or separating them

    into different related parts.

    Data interpretation will be done through statistical tools like:-

    Bar graphs

    Column chart

    Pie charts

    Line charts

    Hypothesis testing

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    In the hypothesis testing, we use two kinds of hypothesis first the null hypothesis and

    the other one is the alternative hypothesis.

    Null Hypothesis (Ho):-

    It is the statement that says that there exists no difference between the parameter (a measure

    taken by a census of the population and prior measurement of a sample of the population)

    and the statistic being compared to it (a measure from a recently drawn sample of the

    population)

    Alternative Hypothesis (Ha):-

    It is the statement that says that there exists a difference between the parameter (a measure

    taken by a census of the population and prior measurement of a sample of the population)and the statistic being compared to it (a measure from a recently drawn sample of the

    population). An alternative hypothesis is the logical opposite of the null hypothesis.

    Formulation of Hypothesis:-

    The more satisfied the customers are with the speed of data transmission, the higher is

    the customer satisfaction.

    The more satisfied the customers are with after sales service, the higher is the overall

    satisfaction.

    The process of getting the problem solved will increases the customer loyalty and

    satisfaction.

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    The higher is the overall satisfaction, the higher is the intention of additional

    purchase. (Up gradation or new purchase).

    The higher is the overall satisfaction, the higher is the intention of recommendation.

    ANALYSIS AND INTERPRETATION

    TABLE: 1>Table Showing how many family use the home appliance in the Ahmadabad.

    Particular No. of Respondents Percentage (%)

    R W- M - A.C 65 32%

    R 45 22%

    R - W 35 18%

    R - A.C 20 10%

    R - M 3 2%

    R W A.C 20 10%R W - M 6 3%

    R M A.C 6 3%

    NOTE: - R- Refrigerator, W- Washing machine, M- Microwave, A.C Air - condition

    CHART 1

    32%

    22%18%

    10%

    2%

    10%3% 3%

    R - W -M -A

    R

    R -W

    R - A.C

    R -M

    R -W -A.C

    R -W -M

    R -M- A.C

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    Interpretation: The above pie chart shows the number of percentage of uses the home

    appliance in Ahmedabad city (surveyed area). We have the 200 Questionnaires by that we

    find that there are 65 people use all products. 45 people use only Refrigerator, 35 people use

    R-W, 20 for R-A.C, 3 for R-M, 20 for R-W-A.C, 6 for R- W-M, 6 for R-M-A.C. On the

    basis of that we can say that the 32% people use all product, 22% for Refrigerator, 18% for

    R-W, 10% for R-A.C and R-W-A.C, 2%for R-M, 3% for R-W-M and R-W-A.C.

    TABLE: 2> Table Showing which company products customer more like.

    L.G SUMSUNG GODREJ WHIRLPOOL VIDEOCON OTHERS

    64 65 25 24 10 12

    CHART 2

    32%

    32%

    13%

    12%

    5% 6%L.G

    SUMSUNG

    GODREJ

    WHIRPOOL

    VIDEOCON

    OTHERS( Eletronices. Akal, kelvinator )

    Interpretation: The above pie chart shows the number of percentage which company

    product customer more like in Ahmedabad city (surveyed area). We have the 200

    Questionnaires by that we find that the customer are more like LG and Samsung (32%), for

    Godrej (13%) , for whirlpool (12%), for Videocon (5%) and for others (6%).

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    TABLE: 3> Table showing the satisfaction level of uses the other company

    products.

    CHART 3

    25

    50

    110

    10 50

    20

    40

    60

    80

    100

    120

    ext.

    satisfied

    very

    satisfied

    satisfied dissatisfied ext.

    dissatisfied

    Satisfaction level

    Interpretation: The above table and chart shows that the number of percentage is moresatisfied with current use of home appliance in Ahmedabad city (surveyed area). We have the

    200 Questionnaires by that we find that the customers are more satisfied with current use

    product. 55% satisfied, 25% very satisfied, 12.5% extremely satisfied, 5% unsatisfied, 2.5%

    extremely unsatisfied.

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    Ext. satisfied Very satisfied Satisfied Dissatisfied Ext. dissatisfied

    25 50 110 10 5

    12.5% 25% 55% 5% 2.5%

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    TABLE: 4> Table show the knowing level of Godrej produces.

    Refrigerator Washing Machine Microwave A.C

    190 130 80 110

    CHART 4

    190

    130

    90

    110

    0

    20

    40

    60

    80

    100

    120

    140

    160

    180

    200

    KNOWING LEVEL

    Refrigerator

    Washing machine

    Microwave

    A.C

    Interpretation: The above table and chart shows that the number of Responded knows the

    Godrej home appliance in Ahmedabad city (surveyed area). We have the 200 Questionnaires

    by that we find that 190 customers know the Refrigerator, 130 know Washing machine, 90

    know Microwave, and 110 know A.C.

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    TABLE: 5>Table show How many families use the Godrej products.

    CHART- 5

    45%

    55%

    YES

    NO

    Interpretation: The above pie chart shows the number of percentage use the Godrej Home

    Appliance in Ahmedabad city (surveyed area). We have the 200 Questionnaires by that we

    find that 90 customers are use Godrej product and 110 customers are using other company

    product. So, 45% market share is Godrej Company and 55% market share is other company.

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    TABLE: 6> Table show if yes, which product are available in home.

    Refrigerator Washing machine Microwave A.C

    50 26 4 10

    CHART- 6

    56%29%

    4%11%

    Refrigerator

    Washing machine

    Microwave

    A.C

    Interpretation: The above pie chart shows that the number of percentage for home

    appliances used in Ahmedabad city (surveyed area). We have the 200 Questionnaires by that

    we find that 56% is the people use Refrigerator, 29% use washing machine, and 11% uses

    Air conditioner, 4% microwave.

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    TABLE: 7> Table show if no, the customers want to purchase in future?

    YES NO

    30 80

    CHART- 7

    27%

    73%

    yes

    no

    Interpretation: The above pie chart shows that the number of customer want to purchased

    Godrej home appliances in future in Ahmedabad city (surveyed area). We have the 200

    Questionnaires by that we find that 30 people want to purchased out of 110 and 80 people do

    not want purchased Godrej Appliances out of 110. So, 27% want to purchase and 73% do not

    want purchased Godrej Appliances.

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    TABLE: 8> Table show that why purchase product and why not purchase

    the product of Godrej.

    Category Excellent Very good Good Fair poor Very poor

    Service 5 10 15 35 15 30

    Quality 5 15 15 35 20 20

    Price 5 10 20 40 15 20

    CHART 8

    5

    5

    5

    10

    15

    10

    15

    15

    20

    35

    35

    40

    15

    20

    15

    30

    20

    20

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    Excellent Very

    Good

    Good Fair Poor Very Poor

    Price

    Quality

    Service

    Interpretation: The above table and chart shows the reason for why the others customer not

    purchase Godrej product here most customer says that , 30 customer say Godrej service in

    very poor and 20 customer say that Godrej price and quality is very poor. Then, 15

    customers say that Godrej service and price is poor and 20 say quality is poor. 35 customers

    say that Godrej price is fair, 35 customers say that quality and service is fair. Then, 15

    customers say that quality and service is good, and 20 customers say that price is good. 15

    customers say that Godrej quality is very good and 10 customers say that Godrej price and

    service is very good. Only, 5 customers say that Godrej price, quality, service is excellent.

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    TABLE: 9> Table show that, compare to the other product or appliance

    how would you the rate Godrej products.

    Much better Somewhat

    better

    About same Somewhat

    worse

    Much worse Dont know

    20 30 60 55 10 25

    10% 15% 30% 27.5% 10% 12.5%

    CHART 9

    20

    30

    6055

    10

    25

    0

    10

    20

    30

    40

    50

    60

    Comprative to the other company product

    Much better

    Somewhat better

    About same

    Somewhat wores

    Much worse

    Don't know

    Interpretation: The above table and chart shows compare to the other product or appliance

    how would you the rate Godrej products here most customer say that, 60 customer say that

    Godrej product is same to compare to the other product, 55 customers say that Godrej

    product is somewhat worse. 30 customers say that the Godrej product is somewhat better,

    and 25 customers dont know, 20 customer say that the Godrej product much better, 10

    customer say that the Godrej product is much worse.

    TABLE: 10> Table chart show which factors influence the customer

    purchases any products.

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    Brand Promotion

    activities

    Product

    feature

    Price Service Influence by

    other

    45 40 25 30 55 5

    22.5% 20% 12.5% 15% 27.5% 2.5%

    CHART 10

    40

    25 2530

    55

    5

    20

    12.5 12.515

    27.5

    2.50

    10

    20

    30

    40

    50

    6070

    80

    90

    Brand Promotion

    activities

    Product

    feature

    Price Service Influence

    by other

    Percentage

    Actual nos.

    Interpretation: The above table and line chart, which factors influence the customer,

    purchases any products here mostly customer prefer service and brand. 27.5% prefer service,

    20% prefer brand, 12.5% prefer promotion activities and product feature, 15% prefer price,

    and only 2.5% prefer influence by other.

    TABLE: 11> Table show that satisfaction level of Godrej products.

    Category Very satisfied Satisfied Neutral Dissatisfied Very

    DissatisfiedQuality 15 22 42 8 3

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    Value 10 25 40 13 2

    Services 5 10 25 30 20

    Usage

    experience

    10 20 40 15 5

    CHART 11

    15

    10

    5

    10

    22

    25

    10

    20

    4240

    25

    40

    8

    13

    30

    15

    3 2

    20

    5

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    Very Satisfied Satisfied Neutral dissatisfied Very dissatisfied

    Quality

    Value

    Service

    Usage experience

    Interpretation: The above table shows that there are different level of satisfaction of

    consumers of Godrej product in Ahmedabad city (surveyed areas) .42 out of 90 show the

    satisfaction level of Godrej quality are neutral, as well as 22 shows it is satisfied, 15 shows it

    is very satisfied, 8 shows it is unsatisfied, 3 shows it is very unsatisfied. 40 out of 90 shows

    the satisfaction level of Godrej product value are neutral, as well as 25 shows it is satisfied,

    10 shows it is very satisfied, 13 shows it is unsatisfied, 2 shows it is very unsatisfied. 25 out

    of 90 shows the satisfaction level of Godrej service are neutral, as well as 10 shows it is

    satisfied, 5 shows it is very satisfied, 30 shows it is unsatisfied, 20 shows it is very

    unsatisfied. 40 out of 90 shows the satisfaction level of Godrej product usage experience are

    neutral, as well as 20 shows it is satisfied, 10 shows it is very satisfied, 15 shows it is

    unsatisfied, 5 shows it is very unsatisfied.

    TABLE: 12> Table show that the complete satisfaction of all problems

    solved/attended after purchase the product. (Godrej customer service)

    Particular No. of Respondents Percentage (%)

    Yes, by the company or its

    representative

    50 55

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