Main Project
Main Project
A PROJECT REPORT
Submitted by
P.THILAGAVATHY
OF
This is the record of bonafide work carried out by the above mentioned
student under our supervision and guidance. The results embodied in this project
have not been submitted to any other University or Institute for the award of any
Degree or Diploma.
------------------------------- ------------------------------
PROJECT GUIDE HEAD OF THE DEPARTMENT
--------------------------- ----------------------------
INTERNAL EXAMINER EXTERNAL EXAMINER
DECLARATION
CHAPTER
PARTICULAR PAGE NO
NO
1
1 INTRODUCTION
COMPANY PROFILE
INDUSTRY PROFILE
OBJECTIVES
SCOPE
LIMITATIONS
2 REVIEW OF LITERATURE
3 RESEARCH METHODOLOGY
5 FINDINGS,SUGGESTIONS,CONCLUSION
BIBLIOGRAPHY
QUESTIONNAIRE
LIST OF TABLES
LIST OF CHARTS
CHAPTER 1
INTRODUCTION
Other top steel companies in India are Mahindra Ugine Steel, Welspun Corp,
Ahmedabad Steel craft Ltd, Akashna Global Steel Ltd, Anil Special Steel Ltd,
Ashirwad Steels & Industries, Bajaj Steel industries, Bellary Steels & Alloys Ltd,
and Bengal Steel Industries Ltd.
COMPANY PROFILE
Steel Authority of India Ltd (SAIL) is one of India’s largest steelmakers and among
the top Government owned companies conferred with the prestigious ‘Maharatna’
status.
SAIL owns and operates 5 integrated steel plants at Bhilai, Bokaro, Burnpur,
Durgapur and Rourkela, 3 special steel plants at Durgapur, Salem and Bhadravati
and ferro-alloy manufacturing unit at Chandrapur. The Central Marketing
Organization (CMO) of SAIL has one of the largest steel marketing set ups with a
pan-India distribution network of 37 Branch Sales offices, 10 customer contact
offices and 49 warehouses & yards supplemented by an extensive distributor/dealer
network.
SAIL is also the second largest producer of iron ore in India and meets 100% of its
requirement from its captive mines. SAIL offers the widest array of steel products
amongst all Indian manufacturers, including products in mild, special and alloy steel
categories in around 50 products, 500 grades and 5000 dimensions.
SAIL has recently augmented its saleable steel production capacity to around 21
million tonnes per annum. Hon’ble Prime Minister of India, Shri Narendra Modi has
dedicated SAIL’s modernized and expanded units in Rourkela Steel Plant (RSP),
IISCO Steel Plant (ISP) and Bhilai Steel Plant (BSP) to the nation. Post expansion,
SAIL is also adding a number of new products to its basket, which will cater to the
needs of India’s growing infrastructure and manufacturing sector. SAIL’s strategic
growth plan, besides targeting higher production, also addresses the need for cost
competitiveness by eliminating technological obsolescence, adopting state-of-the art
technologies, achieving energy savings, enriching product mix, reducing pollution,
developing mines and collieries, introducing customer-centric processes and
developing matching infrastructure facilities.
SAIL is continually partnering with the Government of India in their major flagship
programmes like Make in India. It has been supplying steel for India’s prestigious
national infrastructure projects and strengthening defense indigenization, India’s
foray into space research, railways, power and all major sectors of economy. SAIL’s
steel, owing to its quality, strength, variety, value and performance finds wide
application across different important segments. SAIL’s products, namely SAIL
TMT and SAIL JYOTI Galvanized products are widely used by the common man
throughout the country.
SAIL is the first to launch the NPB – 750 sections in the country, which are valued
by architects in builders for their strength and cost efficiency.
SAIL places emphasis on environment along with production and profitability in all
its industrial activities. SAIL Plants are bringing in new clean and green technologies
to reduce long term impact on the environment with reduction in pollution and
energy use as well as increase in waste utilization.
The tagline of the company – There’s a little bit of SAIL in everybody’s life –
symbolizes the fact that in the last five decades it has grown from strength to strength
and the SAIL brand has become well entrenched in peoples’ minds. The company’s
business philosophy encompasses a triple bottom line approach covering the
economic, environmental and social dimensions, reflecting SAIL’s commitment to
build natural, human and social capital and contribute its might in adding strength to
India’s development and progress.
SAIL is in the midst of organizational restructuring to bring greater focus on its core
business of making carbon steel. Making employees aware of the market
requirements, ensuring greater involvement of plants in marketing
initiatives,achieving cost leadership through rigorous cost cutting drives and
rationalizing manpower to bring down the total number of employees to competitive
levels are some other facets of the strategy to ensure Sustained profitability and
growth.
SAIL’S ability to continuously grow in different market condition reflects the
inherent strengths of the company to manage its operations under the varying and
fast changing business environment over a long span of time. Its reservoir of human
talent and expertise supported by the latest state-of-art the technology, forms the
strength of its foundation.
In the new millennium, there is a strong focus on SAILS business activities for
customer satisfaction, adopting an approach for increased synergy between
production capability and market needs and ensuring supply of customized products
with shorter lead times. The product mix is being continuously oriented to specific
needs of different market needs of different market segments. SAIL has been
progressively investing in technological up gradation of its plants and facilities for
environmental protection.
MAJOR UNITS
CREDO OF SAIL
❖ We build lasting relationships with customers based on trust and mutual
benefit.
❖ We uphold highest ethical standards in conduct of our business.
❖ we create and nurture a culture that supports flexibility, learning and 1s
proactive to change.
❖ We chart a challenging career for employees with opportunities for
advancement and rewards.
❖ We value the opportunity and responsibility to make a meaningful difference
in people's lives.
CORE VALUES
➢ Customer Satisfaction
Customer comes first every time
Customer satisfaction is the first priority of every employee and the purpose of every
job. We do not compromise this value because we believe that this alone can enable
us to achieve the vision of attaining market leadership.
➢ Concern for People
Talent of our people is our greatest asset
We believe that developing competence and commitment of our people for
enhancing their contribution is important for achieving customers satisfaction, and
thereby the prosperity of the company and of the employees.
➢ Consistent Profitability
Consistent profitability is essential for growth
We believe that consistent and significant profitability must be the essential outcome
of all our activities. This is necessary for modernization growth and market
leadership.
➢ Commitment to Excellence
SAIL does it better
We are committed to harnessing the full potential of all our resources, through
creativity, continuous improvements and teamwork. We believe that this is
important for making SAIL the best organization so that our customers employees
and shareholders have a sense of pride.
INDUSTRY PROFILE
PRODUCT MX OF SSP
STRENGTH
❖ Financial Resources also acts as strength as it can use Government funds for
ventures.
❖ Sales Channels also is strength as it uses all possible channels for promotion
and Sales.
❖ Abundant resources of iron ore, low cost and efficient labour force.
WEAKNESS
❖ Weakness is that higher profit margins are possible but not allowed since
being a Government venture.
OPPORTUNITIES
❖ SAIL also can adopt globalization with ease using Govt. support.
❖ Also, SAIL being financially sound can undertake merger and acquisition
projects with weaker counterparts.
❖ It can also involve in production of forward integration products and by-
products apart from its core product (Steel) with the help of its healthy brand
image.
THREATS
❖ Also, emerging and existing private sector competitors who can steal market
share.
STAINLESS STEEL.
Stainless steel is actually a generic name referring to a family of over two dozen
grades of commonly used alloys. Essentially it is an alloy having a minimum of 10.5
percent chromium.
Depending on the end application, therefore we have typical grades having varied
combinations of alloying constituents.
Just as vibrant as a painter 's palette, the stainless steel family offers a variety of
combinations typically addressing requirements of different applications.
MARKETING
Marketing is the moving and exciting activity in everybody activities. The sellers,
distributors, advertising agencies, consultants, transporters, financers, store agencies
and every one as a counter are part of the marketing system. Any exchange process
be it consumer, goods, intermediary goods, services of ideas, comes under the
preview of marketing. It is very often regarded that the development of markets and
marketing is synonymous with the economic development of account. Through
marketing is an action discipline. In the ever-growing corporate world, marketing is
being regarded as a crucial element for the success of an Enterprise.
The marketing discipline is undergoing fresh reappraisal in the light of the vast
global, technological, economic and social challenges facing today's companies and
countries. Marketing at its best is about value creation and raising the world's living
standards. Today's winning companies are those who succeed most in satisfying,
indeed delighting their target Customers.
As quoted by P.P.Drucker "Marketing is so basic that it cannot be considered a
separate function. t is whole business seen from the point of View of its final result,
that is, from the customer's point of view. Business success Is not determined by the
producer but by the customer.
Philip Kotler has therefore defined marketing as "it is a social and managerial
process by which individuals and groups obtain what they need and want through
creating, offering and exchanging products of values with others. Many Indian
companies espouse a satisfied customer philosophy and describe marketing as
customer-satisfaction engineering. Since the economy in this country has changed
from a primary condition of scarcity to gradual and steady stage or affluence, largely
giving consumers the opportunity to choose among many varied alternatives,
satisfaction has become a major concern of business.
DEFINITIONS
Consumer Behavior (or Buyer Behavior) is broadly defined by various scholars &
researchers as:
1. It's the behavior displayed by the consumers during the acquisition, consumption
and disposition of products, services, time and ideas by decision making units.
2. It is the body of knowledge which studies various aspects of purchase and
consumption of products and services by individuals with various social and
psychological variables at play.
3. The behavior that the consumers display in searching for, purchasing. using,
evaluating and disposing of products and services that they expect will satisfy their
needs.
4. The process and activities people engage in when searching for, selecting,
purchasing, using, evaluating, and disposing of products and services so as to satisfy
their needs and desires.
5. The activities directly involved in obtaining, consuming, and disposing of
products and services, including the decision processes that precede and follow these
actions.
6. The American Marketing Association (AMA) defines consumer behavior as "The
dynamic interaction of cognition, behavior & environmental events by which human
beings conduct the exchange aspect of their lives. Consumer behavior is helpful in
understanding the purchase Behavior and preferences of different consumers. As
consumers, we differ in terms of sex, age, education, occupation, income, Family
setup, religion, nationality and social status. Because of this different background
factors, have different needs and we have only buy those products and services,
which we think, will satisfy our needs.
• Culture
• Subculture
• Social Class
Social Factors: The human beings live in a complex social environment where in
they are surrounded by several people who have different buying behaviors. Since
the man is a social animal who likes to be acceptable by all tries to imitate the
behaviors that are socially acceptable. Hence, the social factors influence the buying
behavior of an individual to a great extent. Some of the social factors are:
• Family
• Reference Groups
• Roles and status
Personal Factors: There are several factors personal to the individuals that
influence their buying decisions. Some of them are:
• Age
• Income
• Occupation
• Lifestyle
Psychological Factors: The human psychology plays a crucial role in designing the
consumer’s preferences and likes or dislikes for a particular product and services.
Some of the important psychological factors are:
• Motivation
• Perception
• Learning
• Attitudes and Beliefs
If any problem faced by consumer they first send mail to the marketing department.
Then the marketing employees are analyze in which department made mistakes. For
example problems are made by transportation or production or by customers. When
company find out the mistake then it give solution to the problem. When problems
are made by company, it was send alternative products instead of deficiency
products. If problems made by consumer he/she responsible for that.
The objective of every company would be ensuring consumer satisfaction for the
consumer satisfaction would create loyal consumers. Measuring consumer
satisfaction is always a challenge, as consumer either would not disclose or
sometimes do not assess their satisfaction level clearly. Many times the consumer
can not specify the reasons for his satisfaction.
Many brands of products are available in the market. But consumers prefer for a
particular branded of products to purchase them. The study also helps to know
various marketing variables such as price and product features of Value Added
product and also find buying behavior of consumers. This study also find out the
consumer satisfaction level of Value Added Products.
The findings of this study will be important to understand the consumer attitude,
opinion and their beliefs towards the product.
➢ This study aims to measure consumer satisfaction level about Value Added
Products.
➢ The research also find out various products are expected by consumer.
➢ This study was conducted through the google forms for getting response from
various consumers.
1.6 LIMITATIONS
RESEARCH METHODOLOGY
Research methodology is the specific procedures or techniques used to identify,
select, process, and analyze information about a topic. In a research paper, the
methodology section allows the reader to critically evaluate a study’s overall
validity and reliability. It simply refers to the practical “how” of any given piece
of research. More specifically, it’s about how are searcher systematically designs
a study to ensure valid and reliable results that address the research aims and
objectives.
MEANING OF RESEARCH
According to D. Slessinger and M. Stephenson in the Encyclopedia of social
sciences define research as "the manipulation of things, concepts or symbols for
the purpose of generalizing to extend, correct or verify knowledge, whether that
knowledge aids in construction of theory or in the practice of an art.
RESEARCH DESIGN
The research design refers to the overall strategy that you choose to integrate the
different components of the study in a coherent and logical way, thereby,
ensuring you will effectively address the research problem; it constitutes the
blueprint for the collection, measurement, and analysis of data. It is the
framework of research methods and techniques chosen by a researcher.
RESEARCH METHODS
Research methods are the strategies, processes or techniques utilized in the
collection of data or evidence for analysis in order to uncover new information
or create better understanding of a topic. There are different types of research
methods which use different tools for data collection.
TYPES OF RESEARCH
1.Exploratory Research,
2.Descriptive Research.
Exploratory Research:
Exploratory research studies are also termed as formulate research studies. The
main purpose of such studies in that of formulating a problem for more precise
investigation or of developing the working hypothesis forms an operational point
of view.
Descriptive Research:
Descriptive research can be defined as the research that tries to explain the
characteristic features of the population under study. This research is based on
the concept of 'reflective thinking' that discusses about the objectives and
assumptions regarding a research study. Descriptive research is concerned with
answering the questions like who, what, when, where, and how regarding a
phenomenon or situation. It can be carried-out on all those areas which are
quantitative in nature. The descriptions in this research are used to calculate the
frequencies, averages, central tendencies, etc. Sometimes, it is better to conduct
a survey before carrying out the descriptive research.
Data Collection
The data is collected through primary and secondary research. and The scope of
research is restricted to Salem region and the research approach descriptive
method.
1) Primary data
Meaning: Primary sources of data are the data which needs the personal efforts
of collect it and which are not readily available. Primary source of data are the
other type of source through which the data was collected.
The data is collected through primary research by doing field Survey in Salem
region.
2) Secondary data
Secondary sources are the other important sources through which the data was
collected. secondary research through text books, websites, previous studies etc.
Secondary data helps in various activities in a research study, such as, generating
new ideas, analyzing the needs previously addressed, understanding the tools
and techniques used for similar cases, save the time, etc.
SAMPLE DESIGN
Sample is a smaller representation of a larger whole. In a Research Methodology,
sample may be the individual who is selected for research purpose.
SAMPLE SIZE
Sampling is a process in which the fixed numbers of observations are taken randomly
from a larger population. Sample size for a research refers to the total number of
elements of the population to be included in the sample for conducting the research
study. The accuracy of research depends on the size of the sample.
The sample size of this study was 105.
For example.
Ho: Respondents are satisfied with products.
Ha: Respondents are not satisfied with quality.
1. Percentage analysis
This method is used to compare two or more series of data, to describe the relationship
or the distribution of two or more series of data. Percentage analysis test is done to find
out the percentage of the response of the response of the respondent. In this tool various
percentage are identified in the analysis and they are presented by the way of Bar
Diagrams in order to have better understanding of the analysis.
Number of respondents
Percentage of respondents = ______________________ X 100
Total respondents
2. Chi-square
Chi-square was done to find out one way analysis between socio demographic variable
and various dimensions of the programme.
(O – E)2
= ______
E
O – Observed value
E – Expected value
CHAPTER 4
TABLE NO 4.1
TABLE SHOWS THE RESPONDENTS ARE STEEL PLANT EMPLOYEE
OR NOT.
INTERPRETATION
The above table shows that the respondents are steel plant employee or
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
1 Yes 54 51.4%
2 No 51 48.6%
not. 51.4% respondents are steel plant employee and 48.6% respondents
are outside workers.
CHART NO 4.1
TABLE NO 4.2
NO OF
S.NO MARTIAL STATUS PERCENTAGE
RESPONDENTS
1 Married 86 81.9%
2 Unmarried 19 18.1%
CHART NO 4.2
MARRIED
UNMARRIED
81.90%
TABLE NO 4.3
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
1 Salem 97 92.4%
The above table shows that 92.4% of respondents native place was salem district
and 7.6% of respondents are other District.
CHART NO 4.3
100%
80%
Native place
60%
40%
20%
0%
SALEM OTHER STATES
TABLE NO 4.4
1 Male 55 52.4%
2 Female 50 47.6%
INTERPRETATION
The above table shows that 52.4% respondents are male and 47.6% respondents
are female.
CHART NO 4.4
RESPONDENTS BASED ON GENDER
60%
55%
50%
45%
40%
35%
Gender
30%
25%
20%
15%
10%
MALE FEMALE
TABLE NO 4.5
AGE GROUP OF RESPONDENTS
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
INTERPRETATION
The above table shows that 26.7% of respondents age are 20-30 years.17.1% of
respondents are between 30-40 years.36.2% of respondents are between 40-50
years and 20% respondents age was above 50.
CHART NO 4.5
INTERPRETATION
Table shows that 35.2% of respondents are joint family and 64.8% of respondents
are Nuclear family.
CHART NO 4.6
Nuclear
family
Family
Joint family
TABLE NO 4.7
3 Entrepreneur 2 1.9%
4 Agriculture 3 2.9%
5 Other 21 20%
INTERPRETATION
CHART NO 4.7
Agriculture 2.90%
Entrepreneur 1.90%
Occupation
TABLE NO 4.8
1 Up to Rs.5000 8 7.6%
INTERPRETATION
The above table shows that 7.6% of respondents salary was up to Rs.5000. 13.3%
of respondents salary was between 5000-10000. 32.4% of respondents salary was
between 10000-20000. 46.7% of respondents salary was above 20000.
CHART NO 4.8
40%
30%
Income level
20%
10%
0%
Up to Rs.5000 5000 - 10000 10000 - 20000 Above 20000
TABLE NO 4.9
INTERPRETATION
The above table shows that 52.3% of respondents are buying VAP products in
Mohan Nagar. 0.9% of respondents are buying VAP products in Karuppur.46.6%
of respondents are buying VAP products in Salem.
CHART NO 4.9
BUYING PLACES OF RESPONDENTS
60%
50%
40%
20%
10%
0%
Mohan Nagar Karuppur Salem
TABLE NO 4.10
TABLE FOR DURATION OF BEING CONSUMER
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
1 New 19 18.1%
3 1 - 2 years 38 36.2%
4 2 - 3 years 3 2.9%
INTERPRETATION
The above table shows that 18.1% of respondents are new consumes.12.4% of
respondents are in less than 6 months. 36.2% of respondents are buying products
since 1 to 2 years. 2.9% of respondents are being consumer in 2 to 3 years. And
30.5% of respondents are being consumer of ssp in above 3 years.
CHART NO 4.10
Duration
18%
31%
New
Less than 6 months
12% 1 - 2 years
2 - 3 years
Above 3 years
3%
36%
TABLE NO 4.11
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
4 Delighted 7 6.66%
INTERPRETATION
The above table shows that 0.9% of respondents are not at all satisfied with VAP
products. 6.66% of respondents are somewhat satisfied with VAP products.85.7%
of respondents are Very satisfied with VAP products.6.66% of respondents are
delighted with VAP products.
CHART NO 4.11
100%
90%
80%
70%
60%
50%
Satisfaction Levels
40%
30%
20%
10%
0%
Not at all Somewhat Very satisfied Delighted
satisfied satisfied
TABLE NO 4.12
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
1 Agree 78 74.2%
3 Disagree 9 8.6%
INTERPRETATION
The above table shows that 74.2% of respondents are agree with the price of the
products was same as the market price. 16.2% of respondents are strongly agree
with the price of the products was same as the market price. 8.6% of respondents
are disagree with the above statement. 0.95% of respondents are strongly disagree
with above statement.
CHART NO 4.12
TABLE NO 4.13
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
INTERPRETATION
The above table shows that 41% of respondents said quality of value added
products was very good. 56.2% of respondents are said quality of value added
products was good. 1.9% of respondents said quality of value added products was
Moderate. 1% of respondent said quality of value added products was Neutral.
CHART NO 4.13
1%
2%
41%
56%
TABLE NO 4.14
1 6 months 42 40%
2 1 year 40 38%
3 2 year 8 7.6%
INTERPRETATION
The above table shows that frequency of purchasing value added products. 40% of
respondents said frequency of purchasing value added products was 6 months.
38% of respondents said frequency of purchasing value added products 1 year.
7.6% of respondents frequency of buying was 2 year. 14.3% of respondents
frequency of buying was above 2 year.
CHART NO 4.14
CHART FOR FREQUENCY OF PURCHASING VAP PRODUCTS
40%
30%
20%
Purchasing frequency
10%
0%
6 months 1 year
2 year
Above 2
years
TABLE NO 4.15
TABLE FOR RECOMMENDATION OF VAP PRODUCTS
NO OF
S.NO RECOMMENDATION PERCENTAGE
RESPONDENTS
INTERPRETATION
The above table shows that 5.71% of respondents are likely to recommend value
added products to others. 94.2% of respondents are very likely to recommend
value added products to others.
CHART NO 4.15
NO OF
S.NO PARTICULARS PERCENTAGE
RESPONDENTS
1 Quality 44 41.9%
2 Satisfaction 9 8.6%
3 Availability 4 3.8%
4 All the above 48 45.7%
TOTAL 105 100%
INTERPRETATION
The above table shows that 41.9% of respondents are buying value added products
for quality of VAP. 8.6% of respondents said they buy value added products for
satisfaction. 3.8% of respondents are buying VAP for availability. 45.7% of
respondents said buy VAP for all the above.
CHART NO 4.16
Quality
Satisfaction
Availabilty
All the above
TABLE NO 4.17
S NO PARTICULARS NO OF PERCENTAGE
RESPONDENTS
1 Yes 88 83.8%
2 No 17 16.2%
TOTAL 105 100%
INTERPRETATION
The above table shows that 83.8% of respondents are said SSP gives discount for
value added products. 16.2% of respondents are said SSP not giving discount for
value added products.
CHART NO 4.17
Discount
No
Yes
TABLE NO 4.18
INTERPRETATION
The above table shows that 45.7% of respondents said value added products are
better than other products. 46.7% of respondents said value added products are
good than other products. 5.7% of respondents said moderate. And 1.9% of
respondents said same.
CHART NO 4.18
Same
Moderate
Good
Better
S NO PARTICULARS NO OF PERCENTAGE
RESPONDENTS
1 Dinner set ( 37 pieces ) 64 61%
2 Cup & saucer 18 17.1%
3 Plates ( Kumcha ) 17 16.2%
4 Tumbler 2 1.9%
5 Other 4 3.8%
TOTAL 105 100%
INTERPRETATION
The above table represents 61% of respondents buying Dinner set ( 37 pieces ).
17.1% of respondents said Cup & Saucer. 16.2% of respondents said they mostly
buy Plates ( Kumcha ). And 1.9% of respondents said they mostly buy Tumbler.
And 3.8% of respondents said they buy other products from ssp.
CHART NO 4.19
Dinner set
Cup & Saucer
Plates (kumcha)
Tumbler
Other
TABLE NO 4.20
S NO PARTICULARS NO OF PERCENTAGE
RESPONDENTS
1 Yes 7 6.7%
2 No 98 93.3%
TOTAL 105 100%
INTERPRETATION
The above table shows that only 6.7% of respondents said they faced problems
with Value Added Products. And 93.3% of respondents said they doesn’t face any
problems with value added products.
CHART NO 4.20
Drawbacks
7%
Yes
No
93%
TESTING OF HYPOTHESIS
The relationship between occupation and mostly buying of value added products.
Occupation
Government Private Entrepreneu
/Mostly Agriculture Other Total
job job r
buying
Dinner set (
31 15 1 3 14 64
37 pieces )
Cup &
4 9 1 - 4 18
saucer
Plates
4 11 - - 2 17
(Kumcha )
Tumbler - 1 - - 1 2
Other 2 2 - - - 4
Total 41 38 2 3 21 105
NULL HYPOTHESIS
ALTERNATIVE HYPOTHESIS
H1: There is significance relationship between occupation and mostly buying of
value added products.
Observed Expected
( O-E ) ( O-E )2 ( O-E )2/E
Frequency (O) Frequency (E)
31 24.9 6.1 37.21 1.49
15 23.16 -8.16 66.58 2.87
1 1.21 -0.21 0.044 0.044
3 1.82 1.18 1.392 0.765
14 12.8 1.2 1.44 0.11
4 7.02 -3.02 9.12 1.29
9 6.51 2.49 6.2 0.95
1 0.34 0.66 0.43 1.28
- 0.51 -0.51 0.26 0.51
4 3.6 0.4 0.16 0.04
4 6.63 -2.63 6.91 1.043
11 6.15 4.85 23.5 3.82
- 0.32 -0.32 0.10 0.32
- 0.48 -0.48 0.23 0.48
2 3.4 -1.4 1.96 0.98
- 0.78 -0.78 0.60 0.78
1 0.72 0.28 0.078 0.28
- 0.03 -0.03 0.0009 0.03
- 0.057 0.05 0.0025 0.05
1 0.4 0.6 0.36 0.9
2 1.56 0.44 0.19 0.096
2 1.44 0.56 0.31 0.217
- 0.07 -0.07 0.004 0.07
- 0.114 -0.114 0.012 0.114
- 0.8 -0.8 0.64 0.8
Calculated Value 19.33
(O – E)2
Chi square (x2) =______
E
= (5-1) (5-1)
= 16
Level of Significance = 5%
CV < TV = Ho is Accepted.
RESULT
Since the calculated value is less than the table value. So we accept the null
hypothesis. There is no relationship between educational occupation and mostly
buying in value added products.
TESTING HYPOTHESIS
NULL HYPOTHESIS
ALTERNATIVE HYPOTHESIS
H1: There is significance relationship between income and quality of value added
products.
Observed Expected (O-E) (O-E)2 (O-E)2/E
frequency (O) frequency (E)
2 3.27 -1.27 1.61 0.49
26 20 6 36 1.8
(O – E)2
Chi square = ______
E
= (4-1) (4-1)
=9
Level of Significance = 5%
CV > TV = Ho is rejected
RESULT
Since the calculated value is greater than the table value. So we reject the null
hypothesis. And accept the alternative Hypothesis. There is relationship between
income and quality of value added products.
CHAPTER 5
FINDINGS
According to survey results, the respondents are very satisfied with value added
products in Salem steel plant.
• In this study 92.4% of respondents native place was Salem and 7.6% of
respondents are other district.
• 52.4% of respondents are Men and 47.6% of respondents are women.
• 35.2% of respondents comes from joint family and 64.8% of respondents are
comes from Nuclear family.
• 39% of respondents are government employees and 36.2% of respondents are
private employees and 1.9% of respondents are entrepreneur and 2.9% of
respondents was agriculture and 20% of respondents are other.
• 7.6% of respondents income was up to Rs.5000 and 13.3% of respondents
income was 5000-10000 and 32.4% of respondents income was between
10000-20000 and 46.7% of respondents income was above 20000.
• 52.3% of respondents buying value added products in Mohan Nagar.46.6%
of respondents are buying in Salem.
• 18.1% of respondents are new consumes.12.4% of respondents are in less than
6 months. 36.2% of respondents are buying products since 1 to 2 years. 2.9%
of respondents are being consumer in 2 to 3 years. And 30.5% of respondents
are being consumer of ssp in above 3 years.
• 85.7% of respondents are very satisfied with value added products.
• 74.2% of respondents are agree with price of value added products same as
the market price.
• 52.% of respondents are said quality of value added products was Good and
41% of respondents said quality of value added products was Very Good.
• 40% of respondents purchasing value added products 6 months once and 38%
of respondents said they buy value added products once a year and 7.6%
respondents purchasing time was 2 year and 14.3% of respondents are buy
value added products above 2 years.
• Most of the respondents are said they very likely to recommend value added
products to others.
• 41.9% of consumer said they buy value added products because of quality and
45.7% of consumers are said buy value added products for quality,
satisfaction, and availability.
• 83.8% of respondents are said SSP gives discount for value added products
and 16.2% of respondents said it doesn’t gave discount for value added
products.
• Most of the consumers said value added products better than other products.
• Most of the respondents said they buy dinner set ( 37 pieces ) and cup & saucer
and plates.
• Only few percentage of consumers said drawbacks in value added products
and 93.3% of consumers said they doesn’t face any drawbacks with value
added products.
SUGGESTIONS
As per the study, consumers are highly satisfied with value added products.
• It is commonly seen that institutions are offering free gifts along with the
products. This is to attract the customers and increase the sales. An allied
product will be given as a free gift.
• The company may take interest in informing consumers by way of
advertisement in TV., magazines and by personal selling.
• The purchasing of stainless steel products is not at most necessary in all
families. But it has become a common practice that purchasing, using and
maintaining stainless steel wares in the house is looked high in the society.
Therefore, it is a must for the company to attract consumers to purchase
stainless steel products regularly.
CONCLUSION
Salem steel is under the Steel Authority of India Ltd (SAIL). The quality and
durability of the products are well known to the pubic for the past so many years. So
for Salem steel has been supplying the steel metals to other companies as a raw
material. It is accepted by all that the quality is high.
In this study, it is clear that, Salem steel plant give best quality of value added
products to all the consumers.
SURVEY QUESTIONNAIRES
BASED ON DEMOGRAPHIC
➢ Yes
➢ No
2.Martial status
➢ Married
➢ Un married
3.Native place..?
➢ Salem
➢ Other district
5.Age …..
➢ 20 – 30 years
➢ 30 – 40 years
➢ 40 – 50 years
➢ Above 50
6.Type of family..?
➢ Joint family
➢ Nuclear family
➢ Government job
➢ Private job
➢ Entrepreneur
➢ Agriculture
➢ Other
8.Income level……
➢ Up to Rs.5000
➢ 5,000 – 10,000
➢ 10,000 – 20,000
➢ Above 20,000
BEHAVIORAL SEGMENT.
PSYCHOGRAPHIC SEGMENT.
16. How likely are you to recommend VAP products to a friend or colleague? (0-
5)
0 – likely
5 – very likely
25. In your own words, describe how you feel about VAP products.