Customer Satisfaction For Tata Motors
Customer Satisfaction For Tata Motors
Customer Satisfaction For Tata Motors
Project is an integral part of the MBA degree curriculum and the students of
management have to undergo a training session in a business organisation for 2
weeks to gains some practical knowledge in their area of specialization as well as
some working experience. In globalization process, the rush of multinational into the
Indian market has become a common phenomenon. Now for their survival in the
market, marketing is playing a vital role and even has become a necessity for such
business firms. Branding, packaging, pricing, promotion, quality, distribution, service
and customer have become vital components of marketing and most of the business
firms are realizing that if they dont have competitive strengths, they can not survive.
The undertaken project is one of its kinds and is a smart and bold step taken by super
cars to penetrate the market. None of the competitors have taken such projects before.
CONTENT
Chapter 1
Introduction to the topic
Rationale of project
Objective of study
Primary
Secondary
Hypothesis
Methodology
Sampling method
Sampling size
Tools used
Area covered
Review of literature
Chapter 2
Profile of the organisation
Chapter 3
Data collection
Data representation
Analysis & Interpretation
Tests of hypothesis
Chapter 4
Major findings
Suggestions
Limitations
Conclusion
Bibliography
Annexure
Copy of questionnaire (blank)
Master sheet, Brochures, etc.
Marketing management is the subject of recent origin in the sense that a formal
study of the element and condition that make for successful exchange become an
organised disciplined only in the second half of the 20th century.
Marketing is defined as the performance of business activities that direct the
flow a goods and services from producer to customer and user. The marketing process
is application not only to product and services but to idea, event, and organisation
place and with a search of opportunities in market.
Market management has the task of influencing the level, timing and
composition of demand in a way that help the organisation achieve its goals. These
goals can not be accomplished by the marketing department on its own. It must team
up closed with other department in the company to create and deliver superior value
and satisfaction to customer.
Marketing of consumer goods is differing from the marketing of industrial
goods. In this study the customer satisfaction for Tata Motors Ltd has been analyzed.
The study begins with brief introduction about auto mobiles four wheelers market in
Bhopal.
Marketing holds the keys in all the business today. It is about wining in this
new environment. It aims at understanding what consumer want and supplying it
more efficient, more conveniently and effectively.
The project contains the study of customer satisfaction for Tata Motors Ltd. It
includes the information about potential consumer in market.
All the information is collected by the observation and unstructured interview
while having direct contact with customers satisfaction about Tata Motors Ltd.
The study tells us about how effectively the various marketing strategies can be
applied in the market to perform better than the competitors.
CHAPTER 1
INTRODUCTION TO THE
TOPIC
RATIONALE OF PROJECT
This project shows the satisfaction level of the customers for Tata Motors Ltd.
And we can find out the factors which are affecting the customers for satisfaction.
E.g. low maintenance features, after sales service, looks, space, colours etc. This
analysis will help to understand the perception of the customers for Tata Motors Ltd.
And also will helps for improving sales target for company and understand the
market scenario. And find out the new innovative ideas for making the presence in
the market.
1.
The study has been under taken to analyze the customer satisfaction towards all
variant of Tata Motors Ltd in Bhopal (M.P.) with a special reference to the super cars
LTD. The other objectives are:
a.
Primary Objective:
b.
Secondary Objective:
The main objective of the study is to find out the level of satisfaction
among the internal customers.
To collect and evaluate ideas/views and expectations of the internal
customers for the improvement in Sales of Tata Motors Ltd.
To find out the most prominent area of dissatisfaction.
3. HYPOTHESIS
Statistical inference is that branch of statistics which is concerned with using
probability concept to deal uncertainty in decision- making. The field of statistical
inference has had a fruitful development since the latter half of the 19th century.
It refers to the process of selecting and using a sample statistic to draw
inference about a population parameter based on a subset of it- the sample drawn
from the population. Statistical inference treats two different classes of problems:
1. Hypothesis testing it means to test some hypothesis about parent
population from which the sample is drawn.
2. Estimation, it means to use the statistics obtained from the sample as
estimate of the unknown parameter of the population from which the
sample is drawn.
Hypothesis Testing:
3. RESEARCH METHODOLOGY
RESEARCH DESIGN
I propose to first conduct a intensive secondary research to understand the full
impact and implication of the industry, to review and critique the industry norms and
reports, on which certain issues shall be selected, which I feel remain unanswered or
liable to change, this shall be further taken up in the next stage of exploratory
research. This stage shall help me to restrict and select only the important question
and issue, which inhabit growth and segmentation in the industry.
The various tasks that I have undertaken in the research design process are:
Defining the information need.
Design the exploratory, descriptive and causal research.
10
A research process consists of stages or steps that guide the project from its
conception through the final analysis, recommendations and ultimate actions. The
research process provides a systematic, planned approach to the research project and
ensures that all aspects of the research project are consistent with each other.
Research studies evolve through a series of steps, each representing the answer to a
key question.
a. Sampling Method:
Non-probability sampling technique was used, which included
convenience sampling. The survey was conducted in south Bhopal locality;
they were Arera Colony, M.P. Nagar, J. K. Road.
b. Sampling Size:
I have targeted 30 people in the age group above 25-40 years for the
purpose of the research. The target population influences the sample size.
The target population represents the Bhopal regions. . The people were from
different professional backgrounds. The details of our sample are explained
in chapter named primary research where the divisions are explained in
demographics section.
c. Research Tools used:
As a research tools questionnaire used for this study.
d. Area Covered
Tata motors Showroom at J K Road, Govindpura, Bhopal.
M.P.Nagar.
Arera Colony.
11
5. REVIEW OF LITERATURE
12
CHAPTER 2
COMPANY PROFILE
13
Type
Founded
Founder(s)
Headquarters
Key people
Products
Revenue
Net income
Parent
(NYSE: TTM)
1945
JRD Tata
Mumbai, India
Ratan Tata, Chairman
Automobiles and Engines
USD Rs9.07 billion (2006)
USD Rs474.0 million (2006)
Tata Group
Jaguar Cars
Subsidiaries
Land Rover
Website
Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive
Company), is a multinational corporation headquartered in Mumbai, India. It is India's largest
passenger automobile and commercial vehicle manufacturing company. Part of the Tata Group, and
one of the world's largest manufacturers of commercial vehicles. The OICA ranked it as the world's
20th largest automaker, based on figures for 2006.[1]
Tata Motors was established in 1945, when the company began manufacturing locomotives. The
company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz
AG, which ended in 1969[2]. Tata Motors was listed on the NYSE in 2004, and in 2005 it was
ranked among the top 10 corporations in India with an annual revenue exceeding INR 320 billion.
In 2004, it bought Daewoo's truck manufacturing unit, now known as Tata Daewoo Commercial
Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA, giving it
14
controlling rights in the company. Tata Motors launched the Tata Nano, noted for its Rs 1,00,000
price-tag, in January 2008.
In March 2008, it finalised a deal with Ford Motor Company to acquire their British Jaguar Land
Rover (JLR) business, which also includes the Rover, Daimler and Lanchester brand names.[3][4][5]
The purchase was completed on 2 June 2008[6]
Tata Motors has its manufacturing base in Jamshedpur, Pantnagar, Lucknow, Ahmedabad and Pune.
History
Tata Indica
After years of dominating the commercial vehicle market in India, Tata Motors entered the
passenger vehicle market in 1992 by launching the Tata Sierra, a multi utility vehicle. After the
launch of three more vehicles, namely, Tata Estate (1992, a stationwagon design based on the earlier
'TataMobile' [1989] a light commercial vehicle which some people may still think of as Tata's first
passenger car), Tata Sumo (LCV, 1994) and Tata Safari (1998, India's first sports utility vehicle); In
1998 Tata launched the Indica, the first fully indigenous passenger car of India. Though the car was
initially panned by auto-analysts, the car's excellent fuel economy, powerful engine and aggressive
marketing strategy made it one of the best selling cars in the history of the Indian automobile
industry. A newer version of the car, named Indica V2, was a major improvement over the previous
15
version and quickly became a mass-favorite. A badge engineered version of the car was sold in the
United Kingdom as the Rover CityRover. Tata Motors also successfully exported large quantities of
the car to South Africa. The success of Indica in many ways marked the rise of Tata Motors. Note:
In 1996-97 Tata launched the Tata Sumo Deluxe and the Tata Sierra Turbo variants respectively.[7]
Tata Nano
Tata Nano
Tata has developed a car, named Tata Nano, that aims to sell in 2008. It is the least expensive
production car in the world: the price is about Rs. 1,00,000 (USD Rs2,000)[16]. The company
unveiled the supermini car during the Auto Expo 2008 exhibition in Pragati Maidan, New Delhi. [17]
Bajaj Auto and Mahindra-Renault have plans to launch cars in this price range.[18]
Tata has faced controversy over developing the Nano. Some environmentalists are concerned that
the launch of such a low-price car could lead to mass motorization in India with adverse effects on
pollution and global warming. There was also strong opposition to the compulsory acquisition of
land for the proposed car factory in Singur West Bengal. Now Tata Motors Limited plan to set up
the Nano factory in Sanand, Gujarat, because of the problems faced in West Bengal.
To solve this, Tata is going to produce the E-Nano, an electric version, in partnership with Miljbil
Grenland AS
Products
Passenger cars and utility vehicles
Tata Indigo SW
Tata Sierra
Tata Estate
16
Tata Sumo/Spacio
Tata Safari
Tata Indica
Tata Indigo
Tata Indigo Marina
Tata Nano (3RD March 2009)
Tata Xenon XT
Tata Xover (2009)
Concept vehicles
Tata Cliffrider
2000 Aria Roadster
2001 Aria Coupe
2002 Tata Indica
2002 Tata Indiva
2004 Tata Indigo Advent
2005 Tata Xover
2006 Tata Cliffrider
2007 Tata Elegante
2009 Tata Prima
17
18