Professional Documents
Culture Documents
Project of Vitthal Bhawar On Small Scale Industries
Project of Vitthal Bhawar On Small Scale Industries
PROJECT REPORT
ON
BY
MR.VITTHAL B. BHAWAR
Submitted to
EXECUTIVE SUMMERY
INDEX
Sr.No.
Topics
Page No
1.
Objectives of Project
2
Introduction
2
Company profile
26
3
Company Introduction
27
3.
Marketing Research
35
5.
Questions
42
6.
Limitations
45
7.
My Findings
46
8.
Suggestions
47
9 Conclusion
48
10.
Bibliography
49
DECLARATION
INTRODUCTION
The definition for small-scale industrial undertakings has changed over
time. Initially they were classified into two categories- those using power with
less than 50 employees and those not using power with the employee strength being
more than 50 but less than 100. However the capital resources invested on plant
and machinery buildings have been the primary criteria to differentiate the small-
scale industries from the large and medium scale industries. An industrial unit
can be categorized as a small- scale unit if it fulfils the capital investment
limit fixed by the Government of India for the small-scale sector.
As per the latest definition which is effective since December 21, 1999, for
any industrial unit to be regarded as Small Scale Industrial unit the following
condition is to be satisfied: -
Investment in fixed assets like plants and equipments either held on
ownership terms on lease or on hire purchase should not be more than Rs 10
million.
However the unit in no way can be owned or controlled or ancillary of any
other industrial unit.
The traditional small-scale industries clearly differ from their modern
counterparts in many respects. The traditional units are highly labor consuming
with their age-old machineries and conventional techniques of production resulting
in poor productivity rate whereas the modern small-scale units are much more
productive with less manpower and more sophisticated equipments.
Khadi and handloom, sericulture, handicrafts, village industries, coir, Bell
metal are some of the traditional small-scale industries in India. The modern
small industries offer a wide range of products starting from simple items like
hosiery products, garments, leather products, fishing hook etc to more
sophisticated items like television sets, electronics control system, various
engineering products especially as ancillaries to large industrial undertakings.
Nowadays Indian small-scale industries (SSIs) are mostly modern small-scale
industries. Modernization has widened the list of products offered by this
industry. The items manufactured in modern Small-scale service & Business
enterprises in India now include rubber products, plastic products, chemical
products, glass and ceramics, mechanical engineering items, hardware, electrical
items, transport equipment, electronic components and equipments, automobile
parts, bicycle parts, instruments, sports goods, stationery items and clocks and
watches.
Ministry of Agro and Land Rural Industries and Ministry of SSI have been merged
into a single namely, Ministry of Micro Small & Medium Enterprises.
The President under Notification 9th May 2007 has amended the Government of India
(Allocation of business) Rules 1961, Pursuant to this amended Ministry of Agro and
rural
Industries (Krishi Evam Gramin Udyog Mantra lay) and ministry of SSI (Laghu Udoyag
Mantralay) have been merged into a single Ministry, namely, Ministry of Micro
Small & Medium Enterprises (Suksham Laghu Aur Medium Udyam Mantralay)
CONCEPT & DEFINATION OF SSI
7.65 The small scale sector has played a very important role in the socio-
economic development of the country during the past 50 years. It has significantly
contributed to the overall growth in terms of the Gross Domestic Product (GDP),
employment generation and exports. The performance of the small scale sector,
therefore, has a direct impact on the growth of the overall economy. The
performance of the small scale sector in terms of parameters like number of units
(both registered and unregistered), production, employment and exports is given in
Table 7.15. 7.66 During the one year period i.e., 2000-01
Tiny Enterprises
These cover SSI units [both in the factory and Non /Factory sectors] and
power loom units. Such units mostly use power driven machinery and possess
superior production techniques. Units in this sub-sector are generally located in
close proximity to large industrial centers or urban areas. These industries are
moving away from the traditional products to knowledge-based products.
This sector comprises tiny and cottage industry segments like handlooms, Khadi and
Village Industries, handicrafts, sericulture and silk, rubber and coir. These
units are labor- intensive, are generally located in rural and semi-urban areas
and are artisan based. Usually the capital invested is also nominal.
1. For starting a Small Scale Industry other than the industries identified as
those of highly polluting nature by Pond cherry Pollution Control Committee
(PPCC), entrepreneurs have to first apply to the Directorate of Industries and
Commerce, Pond cherry, Branch office at Karaikal, Sub-office at Mahe and Yanam,
depending on the location of the unit for Provisional SSI Registration in the form
prescribed. In case of industries identified as those of highly polluting nature
by PPCC, entrepreneurs will have to first get clearances from the Pondicherry
Pollution Control Committee through the Directorate of Industries and Commerce and
then approach for provisional SSI registration after its clearance.
2. All proposals for setting up of H.T. Industries will be referred to the
Electricity Department for getting initial advice regarding the availability of
power for the unit. In the case of such industries provisional registration / NOC
will not be issued unless the initial advice is received from the Electricity
Department.
3. All the entrepreneurs irrespective of their size of investment, may
approach the `Single Window Committee` (Functioning in the District Industries
Centre) for getting the requisite clearances expeditiously.
4. The regional office of the District Industries Centre will make available to
the entrepreneurs/ Industrialists, the prescribed application forms for obtaining
clearances/ permissions from the following Departments (Photocopies and
computerized forms in the format required by the concerned Department will also be
accepted): -
(a) Municipality /Commune Panchayat, in whose jurisdiction the industry is
proposed to be set up.
(NIESBD) Noida.
National Institute of Micro Small and Medium Entrepreneur (NIMSME)
Hyderabad.
Others
MSME Development Institute
Tools Rooms
For running business finance is necessary. Owners of SSI need finance for
fixed assets installation to start business & working capital for keep the running
condition.
Financial requirements of small scale industries can be classified into two heads:
Equity Capital: - This is the investment by the owner of the small unit for
setting
Up a unit. At the time of establishing business it is very much required
that the
Owner contributes his own capital & then he collects funds from loan. it is
preferable
To purchase all fixed assets from owner funds as the chances of success as
high in
That case. On the other hand depending upon interest beariy to outsiders
loan acur-
Ring fixed assets result to maximum payment to outsiders in from of
interest and
Very less amount left for entrepreneur as profit.
FINANCING OF SSI
Bill Financing
Bills drawn by small scale units for the supplies made to the reputed and
well established
Enterprises and duly accepted by them will be financed / discounted by NSIC for a
maximum period of 90 days.
BENEFITS
100% financing at very liberal terms with easy repayment schedule.
The scheme was launched on the auspicious day of 2nd October, 1993. the birth
Anniversary of Mahatma Gandhi all over the country the main objective of the PMRY
scheme was to provide easy subsidized financial assistance to educated unemployed
youth for starting their own enterprises in manufacturing, business and service
and trade sectors initially the scheme was aimed at providing self-employment to
one million educated unemployed youth in the country by setting up 7 lakh micro
enterses through inducting service and business ventures over a period of 21/2
yers. The scheme was a stupendous success and caught the imagination of the youth.
Overwhelmed with the response and ever-increasing need, the government has decided
to mark it a permanent scheme and framed modalities and guidelines for its
successful implementation and fulfil the purpose for which it designed.
3 NSIC
NSIC assist and promotes SSI sector through various schemes. A composite
term lone scheme assists existing and prospective entrepreneurs to acquire land
and building, machinery, equipment and working capital at one place. Machinery and
equipment are provided through hire purchase and leasing on easy financial terms
and full financing. Working capital finance and off the shelf availability of
scarce materials are also provided. SSI units can get registered with NSCI to
avail benefits of local /global tender and also for Government Store Purchase
Programme. NSIC also does bill discounting up to a specified limit. The 5 NSIC
Technical Service Centers and a number of extension centers provide technically
trained manpower testing facilities and prototype modification. The Technology
Transfer Centre provides on-line data on latest technology. The NSIC-STP complex
provides packaged infrastructure facilities for software export units to be set up
in the complex NSIC also provides various marketing facilities (e.g. exhibitions,
BSM, etc.). It also operates an Indo-Italian Line of Credit for select sectors.
NSIC is also working out a programme for development of SSI sector in the North-
Eastern Region. Once approved in principle, NSIC will implement a scheme a
Mentoring / Advisory services for SSI sector in select clusters. Technocrats and
successful firm owners will provide the service to SSI units on a payment basis,
which will be supported by the scheme NSIC has offices all over.
FINANCIAL INSTITUTIONS WHICH GIVES FINANACIAL SUPPORT TO SSI
c) Foreign currency loan for import of equipment are also available to export
oriented small scale enterprises.
d) SIDBI also provide venture capital assistance to the entrepreneurs for their
innovative ventures if they have a sound management team, long term competitive
advantages and a potential for above average leading to attractive return on
investment.
PERFORMANCE OF SIDBI
SIDBI's efforts have resulted in increased flow of credit to SSI sector since
inception as indicated below:
Year Sanction Disbursement
1990-91 2410 1839
1991-92 2847 2028
1992-93 2909 2146
1993-94 3357 2672
1994-95 4706 3390
1995-96 6066 4801
1996-97 6485 4585
1997-98 7484 5241
It concentrates mostly on medium and large scale projects .by an agreement with
other Financial Institution and IDBI; the IFC specializes in financing of certain
industries like jute, cement, sugar etc.
IDBI also borrows abroad and secures funds under arrangements with foreign
financial institution, foreign banks and foreign governments and operates foreign
lines of credit, secured by the Government.
FUNCTIONS
NATIONAL INTREST
FINANCIAL REPORTING AND RECORDS
CARPORATE DISCLOSURE PARTIES
COMPETETION
EQUAL RIGHTS
PROHIBITED BUSINESS
CORPORATE OPPORTUNITY
ETHICAL STANDARDS
Sources of Funds
Issue of bonds and debentures in the market, fixed deposits from the public,
borrowings from RBI, IDBI, state government etc. These bodies assist small scale
industries, units in backward areas, new entrepreneurs etc. Industrial Development
Corporation, Industrial Investment corporation were set by some states for
promotion, infrastructural development, and financial, managerial and
entrepreneurial guidance to the industrialists, provision of industrial sheds/
plots for setting units up of small units etc.
5 Commercial Bank
In India, the banks are major sources of finance, are encouraged in several ways
to extend export fianance, to achive the objectives of foreign trade policy.
Credit requirement of SSIs is basically of two types- Long Term Loans and working
Capital. Commercial banks with their extensive network of branches operating
nation wide are primary channels for working capital requirement.
Banks are required to compulsory ensure that defined percentage (currently 40%) of
their overall lending is made to priority sectors as classified by RBI. These
sector their include agriculture, small industries, export etc. The inclusion of
small industries in this list makes them eligible for this earmarked credit. With
the liberalization of the Indian economy, greater emphasis was placed on meeting
the credit needs of SSIs. This was manifest through the following initiatives
taken by RBI.
a) Credit for tiny sector has been earmarked within overall lending to small
industries. In order to ensure that credit is available to all segments of SSI
sectors RBI has issued instruction that out of the funds normally available to SSI
sector, 40% be given to units with investment inplant & machinery up to Rs. 5
lakhs, 20% for units with investment between 5 lakhs to Rs. 25 lakhs and remaining
40% for other units.
b) Public sector banks have been advised to operationalise more specialized SSI
branches at centers where there is a potential for financing many SSI borrowers.
As on March 2002, 391 specialized SSI branches are working in the country.
c) ‘Single Window Scheme’ was extend to all districts to meet the financial
requirements (both term loan & working capital) of SSIs.
d) Laghu Udyami Credit Card (LUCC) Scheme was launched by the public sector
banks for providing simplified & borrowed friendly Credit facilities to SSI, tiny
enterprises retail traders & artisans.
e) Composite loan limit was enhanced to Rs.50 lakhs from Rs.25 lacks.
As the funds from bank required lot of paper work, security & has combusome
procedure the small entrepreneur have to borrow late of interest charged by money
landers are high. The money lenders don’t have specified interest rate, security
condition and term of loan. It keeps on verify as per the goodwill of borrower.
7 Public Deposits
Public deposit means collecting funds by general public by issuing public deposit
certificate. The small scale unit need not to keep any security against funds
collected by public deposit, but rate of interest is higher than the interest rate
provide by commercial bank.
IDBI also borrows abroad and secures funds under arrangements with foreign
financial institution, foreign banks and foreign governments and operates foreign
lines of credit, secured by the Government.
SSI’s AS CREATOR OF THE JOBS
Small Scale Industries (SSIs) have always been regarded for their high
employment intensity. SSIs today employ over 192 lakh persons and this is targeted
to grow at 4% per annum during the 10th Plan period of 2002-2007. Though often
described as ideal vehicles for promotion creation of jobs in the economy, at the
same time, it is also true that the nature of employment in the sector is
undergoing change. Employment generation figure declined from 6.3 persons per SSI
in 1987-88 (2nd Census) to 3.6 persons per SSI in 1999-2000 (Sample Survey).
Expert committees which have looked at this issue have also come up with different
sets of recommendations. The Task Force on Employment Opportunities under Shri
Montek Singh Ahluwalia had identified SSIs as an important source of employment
and as an important incubator for entrepreneurship. The Task Force however called
for a shift in policy from protection to promotion. The Task Force felt that
almost 70% of the total employment opportunities generated over the next 10 years
were likely to be in the services sector. On the other hand, a Special Group on
Employment for creation of 10 million employment opportunities per year over the
10th Plan under Dr. S.P. Gupta has recommended that since more than 92% of
employment generation in the economy is coming from small and medium enterprises,
including agriculture - commonly defined as the unorganized sector, there is need
to give special focused attention for meeting the requirements of small and medium
enterprises to enable them to create more jobs in the future.
During the 1990s, jobs in the organized sector grew at less than 1% per
annum while jobs in the SSI sector increased by 3.5% every year. In the changing
scenario, on account of globalization and liberalization, what shall be the impact
on the creation of new jobs by SSIs? Does increase in capital intensity of SSIs,
as they go in for technological up gradation
COMPANY PROFILE
Name of Company : Metro Metal Industries
Buildup Area : 369 Sq. Mtrs. including Office Block & Manufacturing Unit
COMPANY INTRODUCTION
Our view
Our creative designers and imaginative craftsmen make use of our resources and
create an inimitable range of universally appealing products that suits the
aesthetic tastes of variegated sections of our society. We have wide-spread
distribution network that enables us to meet the bulk demands of our customers in
a short span of time, despite of being geographically apart.
Application Areas
Our company is widely acknowledged for its attention-grabbing and durable range of
furniture items. Our innovatively designed and customized furniture range rae use
din diverse applications like:
• Hospitals
• Educational Institutions
• Offices
• Corporate Houses
• Hospitality sector
• Household sector
Products
We are a renowned for our diversified range of furniture that is used in diverse
commercial and house-hold purposes all over the world. The basic material used for
crafting this furniture is plastic, metal, wooden and others. For metal furniture
we generally use CRCA sheet, mild steel, angle, flat pipe, paint, hardware and
other allied material that are mostly purchased from Mumbai and Indore apart form
other regions.
Our furniture range can be broadly classified as Wood Furniture, Metal Furniture,
Handcrafted Wood Furniture, Hospital Furniture, Educational Furniture, Office
Furniture, Display Furniture, Tractor Trolley Panel, Slotted Angels, Racks,
Modular and Steel Furniture, False Ceiling and many more.
• Durable
• Long-lasting
• Stylish and fashionable
• Available in conventional as well as ultramodern designs
Customization
We cater to the furniture requirements of different sectors. So, we also offer our
clients the freedom to request for customized furniture to suit their requirements
in best possible manner. Our professionals listen to the requirements and
preferences of our clients and design the most appropriate products for them.
After getting the approval of design from our client’s side, we make judicious
utilization of our resources to fabricate furniture in exact specifications as
provided by the clients. We customize our furniture range in terms of sizes,
sittings, paint, finishing, material, design, and other alterable specifications.
This facility has earned great appreciation from our client’s side, as it gives
them the furniture that is their most worthy possession.
Manufacturing Facilities
We boast of a robust manufacturing facility that has all the amenities that are
required for efficient and faster production of our products. Our huge factory is
located in a plot area of 20300 sq feet, in which we have used a space of 9700 sq
feet to build our industrial unit. We use latest and technically advanced machines
that enable us to achieve a huge production capacity of 5000 units. This results
in executing faster order processing and placement of our clients.
• Shearing machine
• Press break machine (livdrolic)
• Tower press
• Power press
• Lathe machine
• Fly press break
• Folding press
• Trunk folding machine
• Spot welding
• Welding machine
• Gas welding machine
• Co2 welding machine
• Organ welding machine
• Powder coating machine
• Compressor unit
• Gas oven
• Hand drill machine
• Fly press
• Hydraulic pipe bending
• Manual pipe bending
• Cut of machine
• Bench grinder
• Three tanks de-rusting treatment
Our workforce is an intrinsic aspect of our company and without them it would be
impossible to execute any task. They play an extra ordinary role in our success
and it is because of them that we have achieved a highly respectable position in a
small period of time. Professionals belonging to different fields together make
our team, who work in harmony to create inimitable range of stylishly crafted
furniture. Our team members comprises of designers, craftsmen, quality auditors,
administrators, sale & marketing personnel, technical experts and other personnel.
Our professionals efficiently execute their duties and ensure uninterrupted supply
of products. They also assist our clients in availing custom designed furniture.
Quality
Quality is the key to our success and we strictly adhere to it during the
execution of all our activities. We ensure that the material used to craft
furniture is of high grade and are subjected to stringent quality checks, prior to
their usage. Our commitment to provide durable and comfortable range of furniture
makes us to cautiously test and inspect all products at different production
stages. We employ latest techniques to ascertain that our products meet
international standard of quality. Several parameters on which our products are
checked are:
• Durability
• Finishing
• Material
• Preciseness in dimensions and designs
• Wood Polishing
• Powder coating
• Sturdiness
• Inspection for risky edges and paint
Our careful vigilance and uncompromising approach towards quality compliance has
enabled us to offer qualitative and cost effective range of furniture.
Clients
Handcrafted Furniture
Empowered by our full fledged designing and manufacturing facilities, we are able
to create an incomparable range of furniture that are crafted from different
material like plastic, metal, wood and many more. Our furniture is used in several
sectors for furnishing purposes and is helpful in providing them a distinct class
along with comfort ability and functionality. Our all-embracing range of furniture
includes:
School Furniture
We offer school furniture, which are manufactured from quality wood & steel
materials. This education furniture are perfectly designed to provide sitting
arrangements in the classroom. Constructed with a view to provide good sitting
postures to the students, thus making them comfortable for sitting. These are
available at most competitive prices.
Hostel Furniture
Our company also offers hostel furniture, which are perfectly designed to provide
best comfort level to the children at hostel. These are manufactured from quality
wood & steel thus making them durable in the long run. They have sufficient
shelves for keeping the utilities. The side stairs are also well set to provide
convenient to children while climbing to the upper bed. These are available at
most reasonable prices.
Industrial Furniture
Our company offers industrial furniture for the usage in industries. These are
designed to provide more space and the materials can be stored well without any
fear of damage. Our ranges of industrial furniture are manufactured from
qualitative raw materials. These are available at most competitive prices.
Library Furniture
Our library furniture is manufactured from qualitative raw materials, thus
providing complete storage solutions to library. These furnitures have many
shelves, thus providing more space for keeping books. These are designed perfectly
to occupy less space. This furniture is available at most competitive prices.
ICU Equipment
We offer ICU equipment, which is widely used in the hospitals and thus providing
comfort to the patients. These are manufactured from top grade raw materials to
provide durability & long service life. Our ranges of ICU equipment are available
at most competitive prices.
Supplementary Equipment
Ward Equipment
Our company is engaged in the manufacturing of ward equipment, which is
manufactured from qualitative range of raw materials, thus providing them long
service life. Its wheels are also manufactured from top grade rubber to give them
more durability. The equipment is perfectly designed to provide comfort to the
patients.
Dual Desk
We are engaged in the manufacturing of dual desk, which are manufactured from
quality wood & steel materials. This furniture is perfectly designed to provide
sitting arrangements in the classroom. These dual desks are very comfortable in
sitting and thus prevent from any backache. These are available at most
competitive prices.
Television Stand
Cable Tray
We offer cable tray, which is known for its high performance & cost-effective.
Manufactured from qualitative range of raw materials, our range of cable tray
provides solutions to different industries. These are available at most
competitive prices.
MARKETING RESEARCH
DEFINITION
Defining the Marketing Problem to be tackled and identifying the market research
problem involved in the task.
(1) Define the problem and its objectives.
(2) Identify the problem.
(3) Determine the information needed.
(4) Determine the sources of information.
(5) Decide research methods.
(6) Tabulate, Analyze and interpret the data.
(7) Prepare research report.
(8) Follow-up the study.
(1) Define the problem and its objectives: - This includes an effective job in
planning and designing a research project that will provide the needed
information. It also includes the establishment of a general framework of major
marketing elements such as the industry elements, competitive elements, marketing
elements and company elements.
(2) Identify the problem: - Identifying the problem involves getting acquainted
with the company, its business, its products and market environment, advertising
by means of library consultation and extensive interviewing of company’s
officials.
(3) Determining the specific Information needed :- In general the producer, the
manufacturer, the wholesaler and the retailer try to find out four things namely
:-
(1) What to sell
(2) When to sell
(3) Where to sell
(4) How to sell
A) Survey
B) Observation
C) Experimentation
a) Preparation of questionnaire
b) Presetting of questionnaire
c) Planning of the sample
Conducted
c) The objectives of research
d) The methodology used
e) Organization and the planning of the report
f) A table of contents along with charts and diagrams used in the reports
g) The main report containing the findings
h) Conclusion arrived at end recommendations suggested
i) Appendices (containing questionnaire / forms used sample design,
instructions.)
(6) Follow-up the study: - The researchers, in the last stage, should follow up
this study to find if his recommendation are being implemented and if not, why
RESEARCH DESIGN
1. RESEARCH PROBLEM
To know the consumer psyche and their behavior towards Metro Metal
Industries
3. Information requirement
• First, I had to know about all the competitors present in the furniture
Segment (Reputed and well established brands as well as Local brands).
• Before going for the survey I had to know the comparative stile and
Prices of all the competitors existing in the market.
• As Metro metal advertisements are mainly done through hoardings but on News
pepar the advertisement
EXPLORATORY RESEARCH
Conclusive studies attempts to determine the frequency with which something occurs
or the relationship between two phenomenons. Usually conclusive studies assume
certain under underlying characteristics of the market or have some precise
statement of research questions/hypothesis.
If one wants to know what type of dentifrice people use, what they think of,
television commercials, or why they buy particular brands of cars, the natural
procedure is to ask them. Thus, the questionnaire method has come to be the more
widely used of the two data collection method. Many consumers are now familiar
with the telephone caller who greets them with “We are making a survey”, and then
proceeds to ask a series of questions. Some interviews are conducted in person,
others by telephone, and others by mail. Each of these has its special advantages
and disadvantages and limitations. The questionnaire method in general, however,
has a number of pervasive advantages and disadvantages. Discussion of particular
variations will be more meaningful if these characteristics of the general methods
are brought out first.
A questionnaire consists of list of questions to be asked from the respondents and
the space provided to record the answer / responses. Questionnaire can be used for
the personal interviews, focus groups, mails and telephonic interviews. The choice
among these alternatives is largely determined by the type of information to be
obtained and by the type of respondents from whom it is to be obtained.
The common factor in all varieties of the questionnaire method is this reliance on
verbal responses to question, written or oral.
Questionnaire in the project consists of:
Questions of this type offer the respondents an alternative to choose the right
answer among others. It is faster, time saving and less biased. It also
simplifies the tabulating process.
In this type respondents are free to answer in their own words and express the
ideas they think are relevant, such questions are good as first questions or
opening questions. They introduce the subject and obtain general reaction.
DICTHOMUS:
These are the questions which are Boolean in nature. These answers are
straightforward and respondents have to answer them in a straight way. That means
the answer can only be either ‘Yes” or ‘No’.
6. SAMPLING TECHNIQUE USED & SAMPLE SIZE - WHY?
Sample design is a definite plan of obtaining some items from the whole
population. The sample design used in this project is two state sampling i.e.
Cluster and convenience. In the probability sampling methods, each items in the
sample is chosen one at a time from a complete list of universe elements. In
marketing research practice, it will sometimes be more expedient to select
clusters or groups of universe elements, rather than to choose sample items
individually.
Sampling methods in which universe elements are chosen in groups ---- rather than
individually -- are called cluster-sampling methods. They are widely used in the
sampling of human populations. When no complete universe listing exists, a type of
sampling is called area sampling may be the only practically feasible form of
probability sampling.
NONDISGUISED, STRUCTURED
TECHNIQUES
The non structured techniques for attitude measurement are primarily of value in
exploratory studies, where the researcher is looking for the salient attributes of
given products and the important factors surrounding purchase decisions as seen by
the consumer. Structured techniques can provide a more objective measurement
system, one which is more comparable to a scale or a yardstick. The term scaling
has been applied to the efforts to measure attitudes objectively, and a number of
useful scales have been developed.
SAMPLING METHODS
Sample design is a definite plan of obtaining some items from the whole
population. The sample design used in this project is two state sampling i.e.
cluster sampling and convenience sampling. The whole city was divided into some
geographical areas and I have chosen Memnagar, Ashram road, Sattelite, Bopal,
Bodekdev, Vastrapur, Navrangpura, Usmanpura, Maninagar and Narayanpura. The total
sample size was 200.
CLUSTER SAMPLING
Here the whole area is divided into some geographical area and a definite number
of consumers were to be surveyed.
CONVINIENCE SAMPLING
This type of sampling is chosen purely on the basis of convenience and according
to convenience.I visited Education Institute, Hospital, Offices, Industries,
Choching classes, Superstores, Theatres.
SAMPLING
• I visited as many respondents as I can and asked them their real likings
about any furniture and also got an idea, How a Furniture should be?
• People were not willing to answer, when they were contacted between 1.00 pm
to 5.00 pm, the time when most of the people take rest during the scorching heat.
“Advertising is a paid form of non-personal presentation and promotion of ideas,
goods or services by an identified sponsor.”
Questioners
Name: _________________________________________
Address: _________________________________________Mob. No: _____________
Sign
LIMITATIONS
Sometimes the problem which I face is language problem for which I have to
make them understand.
If the respondents answer does not falls between amongst the options given
then it will turn up to be a biased answer.
MY FINDINGS
During the survey it was found that still there are 40% people who have not
using metro metal furniture
Lake of Awareness in consumers. Many people are not know about Metor metal
furniture specially institute and Hospital.
When I interviewed people then many of the people can not recall METRO METAL
INDUSTRIES advertisement. It shows Lake of Advertisement or advertisement is not
timely given or advertisement is not given on right time.
In its advertisement is not using any brand ambassador which attracts all
EDUCATIONAL group people like STILISH FURNITURE.
I find the main thing is that “METRO” brand name has very good image in
consumer’s mind and they consider it as STANDURD & Good Product.
SUGGESTIONS
In order to maintain and increase the sales in the city of AURNGABAD, the
following recommendations regarding METRO METAL INDUSTRIES; particularly regarding
advertisement, distribution, promotional policies, etc, are hereby suggested:
First and foremost METRO should take proper action in order to improve
service, because although being on a top slot in EDUCATIONAL FURNITURE and METAL
supplies it does not get the sales in FURNITURE, which it should get.
METRO should give local advertisements apart from the advertisements given
at the national level. Local advertisement must mention the exclusive METRO shops
of the city.
Try and change the perception of the people through word of mouth about
METRO in advertisements, because they are the best source to reach EDUCATIONAL
INSTITUTE and HOSPITAL FURNITURE.
CONCLUSION
Metro must come up with new promotional activities such that people become
aware about Metro metal like educational, official, hospital and industrial
furniture.
Quality is the dominating aspect which influences consumer to purchase Metro
product, but prompt availability of other furniture and aggressive promotional
activities by others influences the consumer towards them and also leads to
increase sales.
People are mostly satisfied with the overall quality of METRO METAL , but
for the existence in the local market METRO must use aggressive selling techniques
IBLIOGRAPHY
1. www.metrometal.co.in
2. www.goggle.com
3. www.rediff.com
4. www.marketresearch.com
5. www.nsic.com
6. Research Methodology. ( Harper W.Boyd, C. R. Kothari )
7. Study Book.
8. Local Area market.