PROJECT REPORT
SUBMITTED IN PARTIAL FULFILLMENT OF THE
REQUIREMENTFOR THE AWARD OF DEGREE OF
Submitted BY
R. SATYANARAYANA
HT.No. 09098-C-1026
Under the guidance of
Sri V.V. NARSI REDDY
M.B.A., M.Phil., (P.hD)
CERTIFICATE
(PRINCIPAL)
CERTIFICATE
This is to certify that Mr. R. Satyanarayana, S/o. Atchaiah
bearing Hall Ticket No. 09098-C-1026, a student of our college,
studying M.B.A. final year has successfully completed his project
work entitled CONSUMER OPINION TOWARDS TWO WHEELER
TYRES WITH SPECIAL REFERENCE TO MRF TYRES
CERTIFICATE
This is to certify that Mr. R. Satyanarayana, S/o. Atchaiah
bearing Hall Ticket No. 09098-C-1026, a student of our college,
studying M.B.A. final year has successfully completed his project
work entitled CONSUMER OPINION TOWARDS TWO WHEELER
TYRES WITH SPECIAL REFERENCE TO MRF TYRES
ACKNOWLEDGEMENT
I would like to express my gratitude to Mr. N. Satyanarayana,
Manager of VENUS WHEELS, Authorised Dealer for MRF Tyres
KHAMMAM for giving me an opportunity to do this project work.
I am thankful to my project guide and Head of the
Department Sri V.V. Narsi Reddy sir for giving his humble
guidance to me to complete the project in an effective manner.
I am deeply indebted to Mr. K.V. RAMANA RAO, Principal of
Kavitha Memorial P.G. College, Khammam for his constant
encouragement in carrying out my project work.
My sincere thanks to our faculty members for the unenviable
job of giving instructions and keeping the project rolling and on
track.
Last but not the least I am very much thankful to my
respondents for giving me necessary information without which
project would have been a distant dream.
I would like to thank all my friends whose constant doubts
and suggestions inspired me through out the course of my project.
R. SATYANARAYANA
DECLARATION
Date:
(R. SATYA NARAYANA)
Place: Khammam
CONTENTS
CHAPTER I
INTRODUCTION.
CHAPTER II
COMPANY PROFILE.
ORGANIZATION PROFILE
PRODUCT PROFILE
CHAPTER III
THEORITICAL ASPECTS
CHAPTER IV
DATA ANALYSIS &
INTERPRETATION.
CHAPTER V
FINDINGS & CONCLUSIONS.
QUESTIONNAIRE
BIBLIOGRAPHY
CHAPTER I
INTRODUCTION TO BUSINESS
PRESENT BUSINESS ENVIRONMENT:In the light of globalization and privatization became more
complex
GATT
Organization
agreement
had
change
and
evolution
the
Worlds
of
World
economic
Trade
picture
good
products
are
being
passed
through
various
INTRODUCTION TO MARKETING
Marketing is indeed an ancient art; it has been practiced in
the one form or other since the days of Adam and Eve. Marketing
is a comprehensive term and it includes all resources and set of
activities necessary to direct and facilitate the flow of goods and
services from producers to consumer in the Process of
comprises
all
activities
involved
in
the
2)
3)
4)
5)
6)
MARKET SEGMENTATION:
Market segmentation is the process (or) desegregating the
total market in to no of sub marketing, markets can be segmented
using several bases. Markets segmentation explains several
benefits on the marketing man.
1) It helps in distinguishes on customer group from
another with in a given market.
2) It enables him to decide which segment of the market;
should from it is target market.
3) It also enables the effective crystallization of the
specifies needs of the buyers in the target market and
facilitates an in-depth study of characteristics of the
buyers.
IMPORTANCE OF MARKETING
Before independence
no
importance
was
attached
to
financing,
Risk
bearing,
Market
4. IS AN OUT LET TO EARN PROFILE:1) Profit is the core on which the super structure business
is built. To earn profits, business community has to
struggle hard there is no any formula for windfall profile.
2) It is marketing that provides countless opportunities to
earn amount of profits through creation of utilities like
place, time, possession and image.
Place-exists when a product is readily accessible to potential
customers.
First,
those
consumer
interest
and
market
5) Determining
sales
quote
and
other
standard
of
the
existing
and
potential
distribution
2)
3)
4)
9 POST - TRANSACTION RESEARCH:It involves in to all those problems are not covered above but
otherwise concern marketing of company's products. It also
encompassed s receiving feedback from the market about
consumer satisfaction it may include, inter, -ail.
1) Studying and anticipating legislative and administrative
actions
of
state
effecting
marketing
of
company's
Limitations of the study:1) This study is limited to Khammam and it's surrounding
areas.
2) Many buyers have no knowledge about the product
3) Data presented in this study is based on the opinions of
the limited respondents i.e. 100 members.
4) The secondary data is based on the information from
newspapers, magazines and library literatures only.
CHAPTER-II
COMPANY PROFILE
HISTORY OF THE MRF COMPANY:MRF Company has established on 1960 to take over the
business of the madras rubber factory, later went public in 1961.
The company has its factories at tirurotiyur, Arakkoniim,
Madak, Kottayam, and Goa
K.M.Mammon Mappillai is the chairman and Managing
Director of MRF Company. MRF Company has 299 shares. The
company manufactures Tyres and tubes in collaboration with
mans field tire and rubber. Its products include Nylogrip,
Sigrna, Tyredrom etc.
Has financials:-
year.) the experts are skill to those in India like Pakisthan and
Latin American countries.
CHAPTER-II
ORGANIZATION PROFILE
Managing Director
Accountant
Cashier
Helpers
Payment procedure:Customer payment procedure: Customer have no credit facility only spot payment.
Dealer payment procedure:Dealer pays money to the company by check. Dealer has one
CHAPTER-II
PRODUCT PROFILE
Introduction of tyres (MRF):
Tyre is an instrument, which can be the lead of the vehicle
through the air media occupies in between the tyre and disk of the
vehicle and it transform is to displacement.
Technical the load of the vehicle carried by the air only, the
1. Cooling process:In cooling process first check the tyres. Cooling process has
some stages. These are
a) Buffing.
b) Grasping (cleaning).
c) Filling and building.
d) Curing.
a) Buffering:First check the tyres. After check the tyre cut l/2 tyre. Buides
are used to cut the lyre. In this stage gages also used to check the
tyres. Remove the stones and cover that part with rubber,
b) Grasping:In Grasping stage first clean the tyres. Then cut extra thread
of tyre. Clean luges and also clean punched rubber.
In filling stage whole fill with cushion. In building stag's fit the
tyre. Valcaning solution used after grasping processing. After
coating it is dried for one hour. After coating process filling
process is made by the help of cushion. In the filling process to
avoid air bubbles bladder card is used.
d) Curing process:Using of air process is 65PSI steam PSI, temperature 141+1.C, and duration's is 85. and this total process is called curing
process. At this curing process envelope parachute cloth and
vickins tape is required.
2) Hot process: The hot process is also same as cooling process.
Features of MRF tyres:1) Compression reliefs at center; to prevent compression wear.
2) Extended shoulder: larger rote contact patch while
cornering, for better transaction and grip.
3) Rounded shoulder profile: Better chamber thrust for
superior handling.
4) Unique world class pattern, for the ultimate style in riding.
CHAPTER-III
THEORETICAL ASPECTS
CONSUMER BEHAVIOURS :
The term consumer behavior can be defined as the behavior
that consumer displays in search for purchasing, using evaluating
and disposing of products and services that they expect will
satisfy their needs.
- sciffman
Problem Identification
Search of information
Evaluation of alternatives
Product choice
Outcome
PROBLEM IDENTIFICATION:
The recognition of a need or problem is likely to occur v/hen a
consumer faced with a problem. It can also be viewed as either
simple or complex. Simple problem recognition refers to needs
that occur frequently and can deal with almost automatically.
Complex problem recognition is a state in which a problem
develops over a time, as an actual state and desired state gradually
move a part.
SEARCH OF INFORMATION:
Search of information began when a consumer perceive a
need that might be satisfied by the purchase and consumption of
a product. A consumer in this state seems a need for
information on which base a choice. If the consumer out side
environment is useful information on which to base a choice.
EVALUATION OF ALTERNATIVES: -
psychology,
Sociology.
Psychology,
sociology,
Cultural
PSYCHOLOGY:
Psychology is the study of the individual it includes the study
of motivation, perception, attitude, personality and learning
patterns. All these factors are integral to an understanding of
SOCIOLOGY:
Sociology is the study of groups. The action of individuals in
groups often differ from the action of individuals operations alone.
The influence of group membership, family structure and social
clause on consumer behavior are all relevant to the study of
consumer segments in the market place.
TYPES OF GROUPS:
PRIMARY GROUP:
If a person interacts on a regular basis with other individuals,
then these individuals can be considered as primary group.
SECONDARY GROUP:
If a person interacts only occasionally or if the frequently of
interaction is less or if there is a less continuous interaction with
other individuals, such groups are called secondary groups.
FORMAL GROUP:
If a group has highly defines structure, specific roles and
authority levels and specific goals then such group is called formal
group.
INFORMAL GROUP:
A group that* is formed without any objective and does not
have any role or purpose are existence, is called informal group.
FRIENDSHIP GROUP:Friendship groups are informal groups. They does no" have
any structure or authority levels. Consumers are likely to seek
information from friends about product, particularly in electronics
products, clothing, jewelry/ etc.
FORMAL SOCIAL GROUP:Formal social groups are more remote and serve different
functions for an individuals. A person joins a formal social group
to fulfill specific goal like making new friends, meeting important
people, broadening perspectives etc. the membership in such
formal group may also influence the consumer behavior in several
ways.
SHOPPING GROUPS:
Two or more people who shop together is called a shopping
group. People like to shop with other who provide pleasant
company or who had experience and knowledge in purchasing
a desire product or service. It reduces risk of purchase decision.
These groups influences purchase decision.
NEED AN IMPORTANCE
CONSUMER BEHAVIOR: -
OF
THE
STUDY
OF
regarding
CHAPTER-IV
Monthly Income
Below 5,000
5,000 10,000
10,000 15,000
Above 15,000
Total
Number of
Respondents
12
20
28
40
100
Percentage
12%
20%
28%
40%
100%
100
80
Below 5,000
60
5,000 10,000
10,000 15,000
40
Above 15,000
20
Total
0
Number of Respondents
Interpratation:
Percentage
Options
Number of
respondents
24
28
48
100
Rural
Semi-Rural
Urban
Total
Percentage
24%
28%
48%
100%
100
80
Rural
60
Semi-Rural
40
Urban
20
Total
0
Number of respondents
Interpratation:
The
Percentage
above
table
shows
information
Vehicle tyres
posses (options)
Number of
respondents
Percentage
Motor Cycle
Scooter
Moped
Heavy Vehicle
Total
40
12
12
36
100
40%
12%
12%
36%
100%
100
80
Motor Cycle
60
Scooter
Moped
40
Heavy Vehicle
20
Total
0
Number of respondents
Interpratation:
Percentage
12%
of
respondents
posses
moped.
18%
of
Number of
respondents
16
20
44
20
100
Friends
Relatives
Advertisement
Personal Interest
Total
Percentage
16%
20%
44%
20%
100%
100
80
Friends
60
Relatives
40
Advertisement
Personal Interest
20
Total
0
Number of respondents
Interpretation:
Percentage
Influencing factor
(options)
Price
Durability
Brand Image
Availability
Total
Number of
respondents
16
20
44
20
100
Percentage
16%
20%
4%
20%
100%
100
80
Price
60
Durability
40
Brand Im age
Availability
20
Total
0
Num ber of respondents
Interpretation:
Percentage
Time period of
getting repairs
(option)
Number of
respondents
Percentage
Frequently
Very Frequently
Rarely
Very Rarely
Total
4
4
60
28
100
4%
4%
60%
28%
100%
100
80
Frequently
60
Very Frequently
40
Rarely
Very Rarely
20
Total
0
Num ber of respondents
Interpretation:
Percentage
Number of
respondents
20
30
30
20
100
Percentage
20%
30%
30%
20%
100%
100
80
Very Good
60
Good
40
Average
Below Average
20
Total
0
Num ber of respondents
Interpretation:
Percentage
Opinion
Number of
respondents
60
40
100
Yes
No
Total
Percentage
60%
40%
100%
100
80
60
Yes
40
No
Total
20
0
Number of respondents
Interpretation:
The
Percentage
above
table
shows
regarding
tyres.
60%
of
respondents
was
yes.
40%
of
Opinion
Yes
No
Total
Number of
respondents
44
56
100
Percentage
44%
56%
100%
100
80
60
Yes
No
40
Total
20
0
Number of respondents
Interpretaion:
Percentage
Opinion
First Position
Second Position
Third Position
Fourth Position
Total
Number of
respondents
50
20
10
20
100
Percentage
50%
20%
10%
20%
100%
100
80
First Position
60
Second Position
40
Third Position
Fourth Position
20
Total
0
Num ber of respondents
Interpretation:
Percentage
Number of
respondents
50
20
30
100
Percentage
50%
20%
30%
100%
100
80
J.K. Tyres
60
Ceat
40
Good Year
20
Total
0
Num ber of respondents
Interpretation:
Percentage
CHAPTER V
SUGGESTIONS
CONCLUSIONS
1.
2.
3.
4.
5.
6.
BIBLIOGRAPHY
1. MARKETING MANAGEMENT
PHILIP KOTLER.
2. CONSUMER BEHAVIOUR
LEON G. SHIFMAN &
LESIE LAZER KANDK.
3. MARKETING MANAGEMENT
RAMASWAMY &
NAMA KUMARI
4. MARKETING RESEARCH
RAMANJAN MAJUMDAR.
5. MARKETING
AMANAGERIAL INTRODUCTION
J.C. GANDHI
GENERAL QUESTIONNAIRE
Consumer Opinion towards MRF Tyres
Name
: _____________________________
Age
: _____________________________
Gender
: _____________________________
Occupation
: _____________________________
1)
c)
10,000 15,000
d)
15,000 above
2)
3)
4)
5)
6)
c) Rarely
d) Very rarely
What do you feel about services of dealer ?
a) Very good
b) Good
c) Average
d) Dealer
7)
8)
Have you find any manufacturing defects in the Tyre after your
purchasing?
[
a) Yes
b) No
9)
10) According to your knowledge that is the main competitor for MRF
Tyres
[
]
a) J.K. Tyres
b) Ceat
c) Good Year
11) What are the suggestions that you offer for improving the sales of
MRF tyres in the present competition.