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PROJECT REPORT ON CROWN CONTAINERS Prepared By: Name: Jadav Pooja M. Class: F.Y. B.B.A. Roll No.:48 Seat No.: Academic Year: 2010-11 College: M.V.M. College of Commerce, Management & IT Submitted To: Saurashtra University RAJKOT

DECLARATION

I, the under signed Miss. Jadav Pooja M. a student of F.Y. B.B.A. here by declare that the project work presented in this report is my own work & has been carried out under the supervision of Pooja Vasant of M.V.M. college of commerce, management & IT. Rajkot. This work has not been submitted previously to any other university for examination or any other purpose. Date: Place: Signature

PREFACE

India is a developing country in this world. Industrial activity plays an important role in economic development of our country. So, it is very crucial to study the same. Education being where classroom teaching ends This thought is applicable on our education in B.B.A. courses as it is having a practical subject where in we visited the industry & prepare project based on visit. Management is not only limited to the theory it also implies practical application.

ACKNOWLEGEMENT

The preparation of this project is my own work but I have taken help from many persons. I am thankful to all those persons who help me in carrying out this work. First of all I would like to thank Saurashtra University who had provided the study of such interesting subject. Second I would like to thank the owner of Crown containers who allowed me to prepare my project in their firm & provide me all the necessary information. Further I express my deepest gratitudes to Miss Pooja Vasant, guided & help me in all possible ways. I am thankful to my parents & friends who have helped me directly or indirectly in preparing this project. And last but not the lease, my salutations to the almighty for his blessing on me by providing me this opportunity.

INDEX

SR. NO. 1 2 3 4 5 6 7 8 9 10 11

PARTICULARS GENERAL INFORMATION PRODUCTION DEPARTMENT PERSONNEL DEPARTMENT MARKETING DEPARTMENT FINANCE EPARTMENT SWOT ANALYSIS FUTURE PLAN CONCLUTION SUGGETIONS BIBLIOGRAPHY QUESTIONNAIRE

GENERAL INFORMATION

INDEX

SR. NO. 1 2 3 4 5 6 7 8

PARTICULAR INTRODUCTION OF COMPANY BRIEF HITORY OF THE COMPANY COMPANY PROFILE OBJECTIVES OF THE ORGANISATYION OSRGANIZATION STRUCTURE SIZE & FORM OF ORGANIZATION LOCATION OF THE COMPANY TIME KEEPING SYSTEM

INTRODUCTION OF COMPANY

Crown Containers is located in Shaper (Dist. Rajkot). It is a sole proprietorship firm. It is establish in year 1999. Its main item of production is plastic bottles & cans. Crown Containers has started attaining the path of success very rapidly from its establishment time.

BRIEF HISTORY OF THE COMPANY

The idea for the establishment of the Crown containers came up in the mind of the proprietor Sudhir Sinojia in 1999 to observation of plastic bottles high demand in Rajkot city. In starting years they produce only plastic bottles and now last 2-3 years they also produce a plastic cans. Mr. Sudhir Sinojia who is the proprietor of the industry worked very hard with the great support of their family members. He is given the name of this unit Crown which means royal ornament for the head

COMPANY PROFILE

Name of the unit Factory address Establishment year Phone No. Promoter of the company No. of employees Banks Products of the company Authorized capital Annual turnover Accounting year Accounting system Total area in sq. ft. Weekly off Form of organization

Crown Containers Opp. Sardar cement, Shapar 360 (Dist. Rajkot) 1999 (02827 ) 52476 Mr. Sudhir Sinojia 20 HDFC bank & SBI bank Plastic Bottles & Cans 3.5 Crore 1.1 Crore April to March Double entry system 1000 sq. ft. Wednesday Sole Proprietorship

OBJECTIVES OF THE ORGANIZATION

Generally the main objective of any unit is to achieve the maximum profit to make large market for its organization. But the objective of this organization is to get optimum profit with the satisfaction to customers. These organizations also have aim to the brand name in the market. The units mission is that to provide superior qualified & reasonable product to customers.

ORGANISATION STRUCTURE

M.D.

PRODUCT MANAGER

H.R. MANAGER

MARKETING MANAGER

FINANCE MANAGER

EMPLOTYEES

DEPARTMENTAL HEADS

SALESMENS

ACCOUNTANT

SELECTYED LABOURS

EMPLOYEES

SIZE & FORM OF THE ORGANIZATION

SIZE: The size of the business organization is based on the capital, invested no. of employees etc. Generally there are three sizes of business unit .. (1) (2) (3) Small scale Medium scale Large scale Crown Containers is a medium scale unit. FORM: There are many forms of business organization like (1) (2) (3) (4) (5) Sole proprietorship Partnership Co-operative society Privet Company Public Company etc. Crown Containers is a sole proprietorship form.

LOCATION OF THE COMPANY

Every entrepreneur has to select a location for the establishment of the organization. The best location is that which facilitate the organization by availability of labour, raw materials, nearness to market, taransportation, electricity & water supply etc LOCATION: CROWN CONTAINERS OPP. SARDAR CENMENT, SHAPAR 360 002. (DIST. RAJKOT)

TIME KEEPING SYSTEM

9:00A.M. TO 12:00A.M. AFTERNOON 12:00 TO 1:30 RECESS * 2:00 TO 5:00 P.M.

MORNING

SR. NO. 1 2 3 4 5 6 7 8

PARTICULARS INTRODUCTION ORGANISATION CHART PLANT LOCATION PLANT LAYOUT RAW MATERIALS USED MACHINES USED PRODUCTION PROCESS REPAIR & MAINTENANCE POLICY

PRODUCTION DEPARTMENT

The production function of a business is concerned with the creation of a production. PRODUCTION means creation of utilities & covers all the activities of procurement, allocation & utilization of resources such as labour, energy, materials, equipments, machinery etcthats way we can say that PRODUCION DEPARTMENT is very important department.

ORGANIZATION CHART

Production Department
PRODUCTION MANAGER

EMPLOYEES

PLANT LOCATION

Location decision is the one of the very important decision to start any new business Crown Containers started there unit in Shapar because of this location factors.. Easy availability of raw materials Easy Transportation Easy availability of labour etc.

PLANT LAYOUT

Plant layout is a plan for arranging physical facilities & manpower required to manufacture a product with view to utilize the facilities & manpower in effective manner. According to F.C. MORRE: A good layout is one which allows material rapidly & directly for processing the reduce the transport, handling, electrical & other cost down per unit space requirement are minimized and if reduce idle machine and idle man time A good layout result in comfort convenience, appearance, safety & profit factors; which effect layout decisions are production system 1) Scale of production 2) Type of machine 3) Building facilities

RAW MATERIALS USED

As further availability of raw materials plays very important role in speed of production. Crown Containers purchased only PLASTIC for as raw materials to produce the bottles & Cans.

MACHINES USED

In this unit only 6 machines are used in production of Bottles & Cans. In which

1 BIG MACHINE SMALL MACHINES 5

BLOWING INJECTION MACHINE BLOWING MACHINES

PRODUCTION PROCESS

They where making preforms from Granules

Then they pass through heat treatment process

Then that perform is putted into the blowing machine & takes the shape of the dye/ mould

REPAIR & MAINTENANCE POLICY

Repair & maintenance of machines is done in every week. There is preventive maintenance also after every month. Over all this organization has a very good sense of human about these things.

SR. NO. 1 2 3 4 5 6 7 8 9 10 11 12

PERTICULARS INTRODUCTION ORGANIZATION STRUCTURE RECRUITMENT & SELECTION TRAINING & DEVELOPMENT PROMOTION & TRANSFER JOB ANALYSIS PERFORMANCE APPRAISAL SYSTEM WAGES & SALARY SYSTEM EMPLOYEES BENEFITS & SERVICES PERSINAL RECORDS TRADE UNION COLLECTIVE BARGAINING

PERSONNEL DEPARTMENT

Management concerned with staffing activities is known as PERSONNEL MANAGEMENT. Personnel department is also known as, HUMAN RESEARCH DEPARTMENT. Mainly this department involves acquiring, utilizing, & maintaining human resource. Personnel department performs four functions: 1. 2. 3. 4. Policy formation Advice Service & Control According to George R. Terry, - Personnel management is concerned with obtaining & maintaining of satisfactory & satisfied workforce

ORGANIZATION CHART

PERSONNEL DEPARTMENT H.R. MANAGER

DEPARTMENTAL HEADS SELECTED LABOURS

RECRUITMENT & SELECTION

(1) RECRUITMENT: Recruitment means to rains the ratio of employees to all the post with eligible person. Recruitment is the process of searching suitable employees and then to apply for the job. The aim of recruitment is to develop & maintain proper man power resources. Recruitment is the process of selecting efficient & trustworthy employees who are willing to apply for the job. There are mainly two sources of recruitment: 1. ENTERNAL SOURCES: Present employees Employee reference Previous application 2. EXTERNAL SOURCES: Advertisement Consultants But, Crown Containers recruits from internal sources likepresent employees & employee references.

(2) SELECTION:

When recruitment ends, selection starts. Selection means select the right person for the right job at the right time. Selection is the process of choosing the individual who process the required skill and ability to successfully apply to fill the specific jobs in the organization. Selection is the process counted in negative approach because so many have applied for the specific job but among them only the person who has best qualification, skill & personality to get impressive among the other applications. Crown Containers goes for the selection from the external sources. If they are not getting the proper employees then they only go for internal sources and select the person.

TRAINING & DEVELOPMENT

Training & Development refer to importing of specific skill abilities and knowledge and performance 0f employees. Every organization trains their worker after selection of the person. Training is a technique by which a management information that is right for job or not. After selection of employees, crown Containers give a specific training to their employee to the related job. This organization just not demands for skills but also demand for experience of the related field.

PROMOTION & TRANSFER

(1) PROMOTION:

Promotion can be define as s movement in job, means to move one step forward in the post which results in to higher wages & salary, better status and prestige, higher challenger & authority. Crown Containers gives promotion on the basis of seniority. (2) TRANSFER: Transfer means to change of work place. Transfer gives more expense. This unit also does the transfer process.

JOB ANALYSIS

Job analysis is the process of gathering relevant job information & determining the component elements of a job by observation & study. It is a scientific study and statement of all facts about a job revealing the tasks include in a job, duties, abilities, responsibilities, working conditions, skills & knowledge required to perform the job & its relations on other jobs. There are two components of the job analysis: 1. Job description 2. Job specification

PERFORMANCEAPPERAISAL SYSTEM

Once the employee has been selected, training he is then appraised for his performance. It appraisal is the step where the management finds out how effective it has been a hiring and placing employees. If many problems are identified steps are taken to communication with employee and remedy them. A performance appraisal is a process of evaluating an employee performance job in terms of its requirement. The Crown Containers considers its employee as its valuable and therefore it believes in perfect & accurate performance appraisal system. They believe that employee efficiency, productivity & great performance is a ladder to success.

WAGES & SALARY SYSTEM

Wages & Salaries are the remuneration paid to an employee for his work and salaries is one of the important functions of an organization as well as for staff working. The Crown Containers pays wages & salaries for skilled workers Rs. 8000/- fixed per month. (8 hours of job per day). & for unskilled workers on daily wages as per their work

EMPLOYEES BENEFITS & SERVICES

(1) BENEFITS: In this time every organization gives benefits to their employees or workers. Crown Containers provides following facilities.. (2) SERVICES: Every organization works to provide services to its customers as well as to the society. Crown Containers also organize various services to the customers as well as to the society. They never compromise with the quality of the product & satisfaction of the customers. They mainly aim at providing best quality product to their customers at any cost whether they earn maximum profit or not. It is their formal duty to provide the best quality product at reasonable price and not to exploit the customer. Festival gift Loan Canteen facility Bonus etc

PERSONAL RECORDS

In personal records every unit has recorded book for employee in which recorded information about employees leave, promotion etc. The Crown Containers has recorded book of employee. These record books are as follow: (1) Attendance register (2) Leave register (3) Salary & Wages register (4) Bonus register

TRADE UNION

The term Trade Union has been defined by the various authorities on labour in their own way emphasizing their own view point. According to Dale Yoder A continuing long term association of employees, formed and maintained for the specific purpose of protecting and advancing the interests of members in their working relationships In the firm Crown Containers there is no trade union.

COLLECTIVE BARGAINING

Workers participation in management can be successful only as a supplement to a well established system of Collective Bargaining, which has been considered as a form of industrial democracy and industrial government. Collective bargaining is concerned with the relations between trade & the management representative.

Sr. No. 1 2 3 4 5 6 7 8 9 10 11 12

PERTICULARS INTRODUCTION ORGANIZATION CHART PRODUCT PLANNING MARKET SEGMENTATION PRICING POLICY ADVERTISING SALES PROMOTION CHANNEL OF DISTRIBUTION MARKETING RESEARCH MARKETING MIX PAKAGING & LABELING INTERNATIONAL MARKET OR EXPORTS

INTRODUCTION

Marketing is referred to a platform where a group of buyer & seller can get contact for the exchange of goods & services at a given price. According to the American Marketing Association, Marketing is the process of the planning and executing the conception, promotion, pricing and distribution of ideas, goods services to create exchange that satisfy individual and organization goals

ORGANIZATION CHART

MARKETING DEPARTMENT MARKETING MANAGER

SALESMENS

PRODUCT PLANNING

In production management product planning is concerned with managerial planning of production of goods or services. Production planning is a powerful instrument in industrial management. Production planning answers two main questions: 1. What work is to be done? & 2. What time will be taken to perform the work as per plan? In Crown Containers the production planning is according to the demand & requirement of the product.

MARKET SEGMENTATION

It is a subdivision of the market as based upon the modern marketing concept. It points out that there are several demand schedules. The Market Segmentation is done on the basis of Age, Sex, Family size, Income, Education Occupation, Social class, Life styles etc. This is also known as MARKET CONCERNTRATION

PRICING POLICY

Price is an important element in the marketing mix. Arrival at the right selling price is essential in a sound marketing mix. We have mainly three alternatives in fixing the price of the products: (1) Price in line (2) Market plus (3) Market minus The Crown Containers has followed the price in line policy.

ADVERTISING

Advertising is a means for the growth expansion, sales & profit and business, enterprise; advertising is such type of input which creates move profit and thus growth and expansions is possible. Today, advertising plays an important role and done through several midirons to inform and motive the customer to by various products it is said; A SATISFIED CUSTOMER IS THE BEST ADVERTISEMENT. Success of marketing programs largely depends on advertising. The Crown attractive advertisement in Newspapers. Containers gives their

SALES PROMOTION

Sales promotion is referred to the promotional activities other than personal salesmanship, advertising policy, which simulate consumer purchasing and dealer effectiveness, e.g. displays, exhibitions showrooms and Demonstrations, free sample and various other non recurrent selling efforts not in the ordinary routine. It is a plus ingredient in the marketing mix, whereas advertising and personal salesmanship is essential and basic in the marketing mix. In short, Sales promotion is a bridge or a connecting link covering the gap between advertising and personal salesmanship the wings & promotion.

CHANNEL OF DISTRIBUTION

Distribution means to distribute, spread out or disseminate. In the field of marketing, channels of distribution indicates routes or pathways through which goods & services flow, or move from producers to consumers. We can define formally the distribution channel as the set of marketing institutions participating in the marketing activities involved in the movement or the flow of goods & services from the primary producer to the ultimate consumers. The Containers is as follow: distribution channel of Crown

PRODUCER

WHOLESALLER

RETAILER

CONSUMER

MARKETING RESEARCH

Marketing research may be defined as the scientific & controlled process of gathering of non-routine marketing information helping management to solve marketing problems. Marketing research recorded fast growth & development with the emergence of the marketing concept. There is various marketing research methods like 1. 2. 3. 4. Experimental Survey Observation Descriptive etc The Crown Containers follows Survey method for marketing research.

MARKETING MIX

Marketing Mix is the set of marketing tools that the firm uses to pursue its marketing objectives in target market -Philip Kottelar The basis of marketing operations is the coordination of four keys: 1. 2. 3. 4. Product Price Place Promotion

PACKING & LEBELLING

Packaging is a marketing necessary. Packaging does this job effectively in a competitive market. It is a powerful medium for sales promotion. Labels on a package are expected to provide accurate information & adequate information on the following 1. 2. 3. 4. Brand name Name & Address of producer Weight, Measure, Count Date of packing & date of expiry 5. Nutritional guidelines etc.

INTERNATIONAL MARKET OR EXPORTS

There are mainly three kinds of market: 1. Local market 2. National market 3. International market Crown Containers have a local market which is limited to only our state Gujarat.

Sr. No.

PARTICULARS
INTRODUCTION ORGANIZATION CHART FINANCIAL PLANNING CAPITAL STRUCTURE CAPITALIZATION OF FUNDS MANAGEMENT OF FIXED ASSETS MANAGEMENT OF WORKING CAPITAL MANAGEMENT OF PRIFIT RATIO ANALYSIS

1 2 3 4 5 6 7 8 9

INTRODUCTION

FINANCIAL FUNCTION DOES NOT COVER ONLY THE PROCURED OR FUNDS BUT ALSO THIRE EFFECTIVE UTILIZATION IS THE BUSINESS Financial management is that managerial activity which the planning and controlling of the firms financial resources. Though it was a branch of economics till 1890, as a separate activity or discipline it is of recent origin. Still, it has unique body of knowledge of its own, and draws heavily on economics for its theoretical concepts even today. According to Prof. S.C. KOTCHAL, Finance is the axes around which all have the economic activities are having their merry go round

ORGANIZATION CHART

FINANCE DEPARTMENT

ACCOUNTANT

EMPLOYEES

FINANCIAL PLANNING

Financial planning provides a vivid picture of inflow & outflow of money- sources of funds and use of funds. It deals naturally with the function of finance system of the firm. There planning: 1. Short term plan 2. Long term plan Crown Containers go for short term financial planning. are two methods of financial

CAPITAL STRUCTURE

Capital structure cans affect the value of organization by affecting either its expected earning or cost or capital or both. It is total amount of own capital & borrowed capital. Crown Containers capital structure is as follows:

CAPITAL STUCTURE OWNED CAPITAL BORROWED CAPITAL

By Bank

CAPITALIZATION OF FUNDS

A.S. DEWING says- The term capitalization o the valuation of capital includes the capital stock & debt * CAPITAILIZATION = OWNED CAPITAL + LONG TERM LOAN CAPITAL + SHARE CAPITAL + FREE RESERVE + DEBENTURE CAPITAL + LONG TERM LOANS. There are three types of capitalization: 1. Over capitalization 2. Under capitalization 3. Proper capitalization

MANAGEMENT OF FIXED ASSETS

The assets which are not easily convertible into cash within a short period of time are known as FIXED ASSETS like Land & Building Plant 7 Machinery Furniture Fixture etc.

Crown Containers manage their fixed assets by their own proper way.

MANAGEMENT OF WORKING CAPITAL

Working capital is also known as CIRCULATING CAPITAL. Working capital indicates circular flow of cash. There are two concept of working capital: (1) Gross working capital: It refers to the total funds invested in current assets. (2) Net working capital: It refers to the excess of current assets over current liability.

MANAGEMENT OF PROFIT

Every organization started with the main aim of PRIFIT. Profit is a very important concept in business management. One of the main responsibility of the top management is profit planning. Profitability can increase by: Reducing the cost of production Better allocation of resources Increasing the sale price per unit Better organization climate etc.

Crown Containers manage their profit with better allocation of resources.

RATIO ANALYSIS

The relationship of one item to another expressed in a simple mathematical from is known as ration. It must be interpreted against some standards. There are different types of ratios by which a companys position is understood, they are as follows: 1. 2. 3. 4. Gross profit Net profit ratio Current ratio Fixed assets ratio

SWOT analysis is a tool for auditing organization and its environment. It is the first stage of planning and helps marketing to focus on key issues once.

S = STRENGTH W= WEAKNESS O = OPPORTUNITY T = THREATS

 The main strength of the Crown Containers is unique product provided by them.

Its goodwill is their strength.

Their very enthusiastic workers are also their important strength.

The only one weakness of the Crown Containers is that they have very less skilled workers.

If they plan for other plastic items then they has very good opportunity to their units development & growth. It has very good opportunity for a great success.

Now a days technology is increases day by day so, if this organization have no except new technology or new machines; they loose its old customers and reputation also.

Future is uncertain but in business future plan is must. The Crown Containers has also an aim or plan to few new small plastic items & cans.

The main aim of the Crown Containers is to provide best product at reasonable price. The firm will be going to follow the same throw out their existence. They have also maintained their quality of the maximum level. They had made the optimum utilization of resources.

As a student, I am yet too young to give any suggestions to such a big unit. They are running Crown Containers in the best possible manner. But there are some thing catches my mind.. They should advertise more. They have to expand their productivity. They should try to increase their sale & grow a new plan.

Sr.No. NAME OF BOOK 1 MARKETING MANAGEMENT 2 MODERN BUSINESS ORGANISATION ORGANIZATION 3 FINANCIAL MANAGEMENT

AUTHOR PHILIP KOTLER & S.A. / V.A. SHERLEKAR I.M. PANDEY

*GENERAL INFORMATION*
1. 2. 3. 4. What is organizations name? When the organization was established? Who are organizations promoters? What is history of the organization?

*PRODUCTION DEPARTMENT*
1. 2. 3. 4. How many products do you produce? From where the firm purchase the raw materials? How does your organization maintain the quality of the product? What is your repair & maintenance policy?

*MARKETING DEPARTMENT*

1. 2. 3. 4. 5.

What is your pricing policy? How you give advertisement? How packaging & labeling of product done by the organization? Which type of the channel distribution system they followed? If organization have international market?

* PERSONNEL DEPARTMENT*

1.

2. 3. 4.

What are your welfare facilities? Do you give bonus to employees? What is your time keeping system? Are they paid monthly or daily wages to the workers?

*FINANCE DEPARTMENT*

1. 2. 3. 4. 5.

What is the financial planning of the organization? What are your sources of finance? What is your annual turnover? How organization does the management of fixed assets? How much capitalization of funds of the organization?

*FUTURE PLAN*

What is your future plan?