INDUSTRIAL TRAINING REPORT ON AVADH NAMKEEN PVT. LTD
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Transcript of INDUSTRIAL TRAINING REPORT ON AVADH NAMKEEN PVT. LTD
AN
INDUSTRIAL TRAINING REPORT
ON
AVADH NAMKEEN PVT. LTDSubmitted byRam Ramesh G
T.Y.B.B.A (A)
ROLL NO: 31
Guided byPROF. ANISH DURVESH
SUBMITTED TO
SAURASTRA UNIVERCITY
RAJKOT
SHRI PATEL
KELAVANI MANDAL COLLEGE OF TECHNOLOGY
COLLAGE ROAD, JUNAGADH
ACADEMIC YEAR
1
2013 - 2014
PREFACE
Experience is the best teacher as solution ofany problem is concern. As a student of businessmanagement, we must have enough practicalknowledge. This practical knowledge cannot beavailable to student in classroom. So that fieldwork is essential for achieving such practicalknowledge or experience.
As far as the rule of Saurashtra University isconcerned, it is compulsory for all the managementstudents to visit an industry for the practicalstudy at least for 15 days. This visit is playing acrucial role to develop a practical view point ofthe students and also making them aware of theproblems, opportunities & situations of theindustrial unit.
I had visited AVADH NAMKEEN pvt. Ltd. Rajkot. Itried my level best to collect information fromvarious departments of the company viz., Marketing.So project you can get a raw idea of the huge plantand management system of the unit.
2
My basic aim behind undergone this training isto evaluate applicability of different managementsin practice. This report reflects the image that Iobserved and come to know during my visit at thisindustry.
I hope this project will also receive itsgenerous support and kind encouragement.
DECLARATION
I am Ram Rameshstudent of T.Y.B.B.A. of shri P. K. M. College hereby declare that this report, which is my own work,has been carried out successfully.
This unit which Ihad visited was medium scale private limited. Itsname is AVADH NAMKEEN pvt. Ltd., situated atRajkot. I undersigned this project and this project
3
report was not previously submitted to any othercollege.
Place: Junagadh ( RamRamesh)
Date:
ACKNOWLEDGEMENT
4
During the industrial training at AVADH NAMKEENpvt.Ltd. and during the preparation of this report,I have received help from many people.
I am extremely thankful to Prof. Anish dhurveshwho had helped us in preparation of this report.
I am also thankful to my senior friends who hadhelped and guided me in preparing this report.
I am thankful to those people of industry whohave directly or indirectly helped me in myindustrial training.
Place: Junagadh (RamRamesh G.)
5
INDEX
Sr.No.
Particulars Page No.
(A) General Information 61 Industry profile 72 History & Development 83 Company Profile 94 Location 115 Form of Org. & size of
business unit13
6 Promoters Body 147 Raw Material 158 Menufacharing Process 169 Organization Chart 1710 Time – Keeping system 1811 Industry Relation 2012 Brand Image 2113 Recruitment & selection 2214 Salary & Administration 2415 Vision & Mission 25
Marketing mix
6
(B)16 Concept of Marketing Mix 2917 Four P’s of Marketing Mix 3018 Future Plan 5419 Experience of industrial
training55
20 Suggestion 5621 Conclusion 5722 Bibliography 58
7
INTRODUCTION
The introduction of the any
company is very important. This company ‘AVADH
SNACKS PVT.LTD,’ was established in the year
1965.
Today this industry becomes very
famous because of the hard work of the
industries members. The contribution of the
workers is very high for the development of the
industry.
8
Mr. Bipin Hadvani is the chairman of
the Avadh Snacks Pvt.Ltd. Avadh Snacks Pvt.Ltd
established for manufacturing all kinds of Nankeens
& Friems.
Now, the business of the company is
running very smoothly and success
HISTORY & DEVELOPMEN
A good deal of time, patience and
strong determination are pre-requisite to be
succeeding, each and every successful companies has
glorious history which always work as measurement
and guide for the future. AVADH NAMKEEN is one of
the most prestigious companies in Rajkot.
AVADH NAMKEEN was started by Mr. BIPIN
BHAI HADVANI on, 2004. Managing director SHRI BIPIN
BHAI HADVANI is one the director also, which
already has obtained a prestigious mark of quality
ISO 9001:2000 TUS-SUD, and manufacturing different
kinds of nankeen and snacks.
They have good infrastructure for
developing items. They are using most of imported
9
machine, for different types of nankeen, different
types of snacks etc.
When company is started no more
consumer but now AVADH NAMKEEN is become most
popular company and company have more than 70%
consumer in the nankeen market. The quality,
taste and more sales also converted to AVADH
nankeen Pvt.Ltd. The fame of taste reached to the
whole Gujarat hence it was time to takeover the
whole Gujarat so that biggest automatic plant of
Gujarat came in to the picture. AVADH Nankeen is
now looking forward to march over India.
Network:
The circle of network is devised under
the ideal distribution channel network. That
ensures to supply fresh product in any corner of
Gujarat within 24 hours. You can have AVADH
Nankeen in every 200 meters of area in Gujarat.
Company profile NAME AVADH SNACKS PVT LTD
ADDRESS 2322-24, G. I. D. C., LODHIKA.VILLAGE METODA.
10
RAJKOT-360 021CONTACT NO,
(02827) 287370E-MAIL [email protected]
FAX NO, (02827) 287377
CHIEF PROMOTER BIPIN BHAI HADVANI
SIZE OF UNIT MEDIUM SCALE
FIRM OF UNIT PRIVATE LIMITED COMPANY
BANKERS BANK OF INDIASTATE BANK OF INDIA
YEAR OF ESTABLISHMENT
2002
MAIN PRODUCTS ALL KIND OF NAMKEENS & FRIEMS
MOTTO GIVE A SATISFACTION TO CONSUMER
AREA COVERED BY COMPANY
17958 Sq, Feet.
BRAND NAME AVADH NAMKEEN
REGISTRATION OFFICE 2322-24, G. I. D. C., LODHIKA.VILLAGE METODA. RAJKOT-360 021
ACCOUNTING YEAR MARCH-APRIL
ACCOUNTING SYSTEM DOUBLE ENTRY
MARKET NATIONAL
SLOGAN SAB BHOOMI AVADH KI
11
Location of unit is most important
factor for to be consideration for successful
working of any organization. It also plays vital
role in the development of the unit. The total cost
of manufacturing cost of any business unit is
higher due to the wrong selection of location of
their business.
The main object of an industrial concern is
to maximum profit through minimum of production
cost.
The present location of avadh snacks pvt ltd
is the lodhika estate G I D C metoda, in Rajkot. In
this location all the necessary facilities are
easily available like the electricity supply,
finance, labor, etc.
Company mainly consider following factor of
the time of selecting location.
Easy availability of raw materials Transport facility Cheap fuel Loan at cheapest rate Government policy Easily available labor
13
Above all factors are available to company,
so we can say that AVADH SNACKS location is the
best location.
LOCATION OF THECOMPANY
14
ROAD NO.E-16
INSIDE
AVADH SNACKPVT LTD
FORM OF ORG. & SIZE OF BUSINESS UNIT
In general terms the total
capital movement company lowing and the member
of workers working in the company decide the
size of the industry can be classified in to the
three categories.
1) Large scale unit
15
Kranti gate
2) Medium scale unit
3) Small scale unit
1) Large scale unit:
The investment of this type of fixed by the
government it means its total investment of any
industry is more than 50 lakhs.
2) Medium scale unit:- The investment of this type of industry is fixed
by the government that means its total
investment of any industry is more than 50 lakh
but less than 80 lakes.
3) Small scale unit:- The investment of this type of industry is
fixed by the government it means its total
investment of any industry is not more than 50
lakh it called small scale industry.
AVADH NAMKEEN PVT. LTD. is medium scale industry.
16
NAMES OF PROMOTERS & PRESENT BODY OFMANAGEMENT
Founder : Mr. Bipin
Hadvani
Director : Mr. Bipin Hadvani
Factory Manager : Mr. Ashok Faldus
H.R.Managers :Mr. Mayur Kaneria Mr. Pratik Marsoniya
Supervisor : Mr.
Daxa B. Hadvani
Storing In charge : Mr. Nayan
Patel
17
Final Goods Dep. Head : Mr. Praful
Hadvani
RAW MATERIAL
Raw material is the most basic
requirement for producing any products. The
selection of raw material should be proper. The
quality of raw material should be perfectly
checked because the quality of raw materials
directly affects the quality of final product
depends on the type and quality of raw materials
used.
AVADH NAMKEEN PVT. LTD. Uses
following material for the production of various
18
products. Here raw material product of the LASAN
SEV MAMARA:
Raw Material: Gram flour
Parched Grain of Rice
Garlic
Edible oil
Asafetida
Chilly powder
Turmeric powder
Iodize salt
Other spices
Sources of Raw Material Company purchase raw material to other
related company which name given below. 1)
Sonate Masala
2) Hathi
Masala
MANUFACTURING PROCESS19
TIME KEEPING SYSTEM
An organization must decide its
working hours and shifts very carefully because
it has a direct effect on the performance of the
employees. The working hours should not be more
which would be very stressful for employees.
There should be free time after appropriate
intervals which would release the stress of the
employees.
Same things apply in the decision
for fixing of shifts. Shifts should be decided
in such a way that the organization should be
able to rotate its employees to use their
efficiency fully. In AVADH NAMKEEN PVT. LTD.
This perfect balance between working hours and
shifts.
22
In AVADH NAMKEEN PVT. LTD. The
working days are divided into 2 shifts 4 hours
each.
OFFICE:
8:00 A.M. TO 12:00 P.M.
1:00 P.M. TO 5:00 P.M.
WORKERS;
8:00 A.M. TO 12:00 P.M.
2:00 P.M. TO 5:00 P.M.
When there is full
demand in the market for Nankeens then it
continues working for 24hours.
8.30 A.M. TO 8.00 P.M.
8.00 P.M. TO 8.30 A.M.
23
Industrial relation
refers to a dynamic and developing concept which is
not limited to the complex of relations between
trade unions and management but also refers to the
general web of relationships normally obtaining
between employees and employees.
In AVADH NAMKEEN
industrial relation are very nice the management
takes special care to maintain their relationship
between the employee and employers.
25
BRAND IMAGE
As far as any product is
concerned brand image is very important. Those who
want to establish there market & brand image they
will furnish their brand name on their product and
packing. Through that they will get huge demand
&more sales.
As AVADH NAMKEEN they have furnished their brand name on their product is the
bearing brand name they have established their
market in India n market and created a brand image
in the O.E.M. engineering industry, machine tools,
oil engine and diesel engine manufacturers,
26
Recruitment is the most important
function of personnel administration.
“Recruitment is the process of searching for
prospective employees and stimulating them to
apply for jobs in the organization”
The major sources which are most frequently
used are:
1. Internal people.(Promotion from within on
merits)
2. Direct application from deserving
candidates.
3. Education institutes.
4. Management consultants.
5. Government institution etc.
The policy of recruitment should
be carefully prepared. The policy should provide
equal opportunities of advancement to internal
28
people. The policy must ensure hiring of the
most suitable talent.
As far AVADH NAMKEEN is
concerned recruitment depends on their
education qualifications and experience.
Selection:
Selection is the process by
which qualified person can be chosen from the
applicants. So selection ensures the right
person at right place. If right person is not
selected then it may lead to poor implementation
which may lead to decrease in productivity.
In selection, interviewing is the most
universally used tool and interviews may be
informal & oral or they may be highly planned &
carefully conducted.
29
Selection policy of AVADH NAMKEENSS is
based on experience & qualifications. Depending
on the positions, in some cases, selection is
done on the basis of experience & in some cases;
selection is done on the basis of qualification.
WAGE & SALARY ADMINISTRATION
Wage and salary
administration are one of the vital areas of
personnel administration for sound wage and salary
30
policies and programmed are essential to procure,
maintain, develop etc.
Modern wage and
salary administration system is very complex and
sophisticated requiring expertise and specialist
knowhow.
‘Wages means the amount paid to the labor for his
services to the employer’
– BENHAM.
TYPES OF WAGES.
1 TIME WAGE
2 PIECE WAGE
Time wage is given
accordantly to time period, when piece wage is
given accordantly to manufacturer a piece of
product.
As AVADH NAMKEEN PVT.LTD is asmall organization, they sometime have to hire
31
some person for work. To them they give time
based wage & to other staff members fixed salary
is given.
For labors: 4,500 to 5,000 Rs.
For professional: 10,000 to 15,000 Rs.
Vision and mission
Generall
y the objective of any business organization is
to achieve the maximum profit to run the
business but the objective of this
organization is to get optimum profit with to
satisfy the customers.
“Satisfaction is our vision
Perfection is our mission”
32
The
AVADH SNACKS gives more emphasis on customerto decrease the customer’s complains.
The AVADH
SNACS mission is to provide
superior quality and reasonable product to
customers.
33
1 Introduction of Marketing 282 Concept of Marketing Mix 293 Four P’s of Marketing 304 Future Plan 545 Experience of Industrial
Training55
6 Suggestion 567 Conclusion 578 Bibliography 58
35
1. INTRODUCTION
Marketing management represents animportant functional area of business management
efforts for the flow of goods and services from
the producers to the consumer. It looks after
the marketing system of the enterprise.
Marketing management has to
implement marketing strategies, programmes and
campaigns. It must evaluate the effectiveness of
each part of marketing mix and introduce
necessary modifications to remove discrepancies
in the actual execution of plans, policies,
strategies, procedures and programmes.
Marketing management has to plan
and develop the sprout based on known consumer
demand. It has to build up appropriate marketing
plan or marketing-mix to fulfill the et-goals of
the business. It has to formulate sound
marketing policies and programmes. It looks
36
after their implementation and control. In
essence, marketer is a manager of customer
demand in a changing business world.
CONCEPT OF MARKETING MIX
Marketing mix is the tool used by the marketing manager for achieving the
marketing objectives of the company. Marketing
decision variables or factors employed by an org.
to achieve its marketing objectives in a market
place.
37
According to Philip kotler
“Marketing mix is the set of marketing tools that
the firm uses to pursue its marketing objectives in
the target market”.
THE FOUR P’ S OF MARKETING
38
The four- P framework calls upon
marketers to decide on the product and its
characteristics, set the price, decide how to
distribute their product, and choose methods for
promoting their product. Some critics feel that the
four P’s to meet or underemphasize certain
important civilities.
The issue is not whether there should be
four, six, or ten Ps so much as what framework is
most helpful in designing marketing strategy. Just
as economists use to principle concepts for their
framework of analysis, namely demand and supply,
the marketers sees the four Ps as a filling cabinet
of tools that could guide their marketing planning.
A buyer, considering an offering,
may not see it in the seller’s way. Each of the
four Ps might be better described as the four Cs
from the buyer’s point of view.
Four Ps Four Cs
39
NO. PARTICULAR PAGE NO.1 Introduction 272 Product mix 283 Product details 294 Product positioning 305 Branding 316 Packaging 32
42
INTRODUCTION
“Product means which can satisfy consumers need and wants.”
The basis of any business isa product or offering. A company aims to make the
product or offering different and better in some
way that will cause the target market to favor it
and even pay a price premium.
At the other extreme of
commodities are products that are highly
differentiable in physical terms, such as vehicles,
heavy equipment, and buildings. Such products have
many degrees of design freedom. In the case of
automobile, size, style, horsepower, seating
arrangements materials, can differentiate it and
hundreds of others features. Consequently
43
automobile manufactures can compete on the basis of
claiming that their product greatly differs from
competitors’ products.
PRODUCT MIX
The set of all products offered for safety a company is called a product mix. The
structure of a product mix has both breath and
depth its breadth is measured by the number of
predict lines carried its depth by the variety of
sizes, cooler, and models offered whiting each
product line.
44
A product line is a group of products that are
related in someway as serving the same customer
need being sold to same target market of group of
customer marketed through the same distribution
network or outlets of falling in a common price
category or given price range.
The width of a product mix refers to how many
different product lines the company carries.
The length of a product mix refers to the total
number of items in the product mix.
The depth of a product mix refers to how many
variants are offered of each product in the product
line.
The consistency of product mix refers to how
closely the various product lines are related in
end use production requirement distribution channel
or some other was the lines are less consistent as
far as they perform different function for the
buyer.
45
PRODUCT DETAILS
AVADH NAMKEEN PVT.LTD has many types of products
of Nankeens & Friems which are given below:
1.BHAKHARVADI
2.BHAVNAGARI
3.CHAMPAKALI
4.CHAVANU
5.DABELA CHANA
6.DALMUNTH
7.FARALICHEVDO
8.GARLIC SEV MAMARA
9.MASALA DAL
10. MUNG DAL
11. NADIYADI
12. PAPADI
13. PHULVADI
14. SADIDAL
46
15. SAKKARPARA
16. SEV-MAMARA
17. SEV NO.1
18. SEV NO.1.5
19. SING BHUJI
PRODUCT POSITIONING
All marketing strategy is
built on STP- segmentation, targeting and
positioning. A company discovered different
needs and groups in the market place target
those needs and and groups that it can
satisfied in the superior way and then
positions its offering so that the target
market recognizes the company’s distinctive
offering and image
Company can adopt any of the
positioning strategy that is available which
are listed bellow
47
Attribute positioning
Use or application
User application
Competitor
AVADH
NAMKEEN has adopted competitors positioning
because the product produced by it are used in
some particular application only.
BRANDING
In modern business, branding a product is of critical, important in positioning
a product and developing effective product policy
48
in modern world branding decisions may affect the
scope of success or failure of a product.
Brand is a name term sign symbol
as design or a combination of them, which is
intended to identity and distinguishes the product
of one firm from that of the other. It is the means
to differentiate product of one producer from that
of the competitor
AVADH NAMKEEN manufactures frims.
The firms in the frims industry are competing with
each other by the quality and price rather then any
brand name.
49
PACKAGING
Many physical productsgoing to the market have to be packaged and labeled
packaging can play a minor role. Some packages such
as the coke bottle and the lags container are world
famous many marketers have called packaging a fifth
P along with price, product, place, and promotion
most marketers however treat packaging and labeling
as an element of product strategy.
According to Philip
kottler, ‘Packaging includes the activities of
designing and producing the container or wrapping
for a product’.
AVADH NAMKEEN has many customers from local market so it has to take extra
care for the dispatch of goods in a protected
packaging to its customers.
50
INDEX
NO.
PARTICULAR PAGE NO.
1 Introduction of price 41 2 Importance of price mix 42 3 Pricing objective 43 4 Methods of price mix 44
53
INTRODUCTION
“ Price may be define as the value of
product attributes expressed in monetary
terms which a consumer pays or is
expected to pay in exchange and
anticipation of the expected or offer
utility.”
Price differs fromthe other three marketing mix elements in that it
produces revenue; the other element creates costs.
Consequently, companies work hard to life their
level of differentiation will support. At the same
54
time, firms recognize that they must consider the
price’s impact on volume. The firm seeks the
revenue level that’ when the costs are subtracted,
results in the largest profits.
IMPORTANCE OF PRICE
Price is significant in
our economy to an individual firm and in the
consumer’s mind let us considers each situation.
In the economy :
A product’s price
influences wages rent interest and profit that is a
products prices influence the amount paid for the
factors of production labor land capital and
55
entrepreneurship price thus is a basic regulator of
the economy system because it influences the
allocation of the factor of production.
In the individual firm :
A product’s
price is a major determination of the market demand
for it price affect a firm’s competitive position
and its market share .As a result price has a
considerable bearing and company’s revenues and net
profits through prices money comes into an org.
In the consumer’s mind :
Some
consumer’s perceptions of product quality vary
directly with price typically the higher the price
the better the quality is perceived to be and
vice versa.
OBJECTIVES OF PRICE
56
The first and
foremost managerial task in the management of the
pricing. Function is to set the relevant pricing
objectives. Pricing objectives are the benchmarks
against which management attempts to fix prices and
formulate policies and strategies. These objectives
help the company in integrating price with other
marketing inputs to develop a synergic effect in
the marketing and corporate strategies of the
company. It is for this purpose also that pricing
objectives are set within the framework of
marketing and corporate objectives. These
objectives also serve as standards against which
managerial performance in this crucial and
sensitive area may be measured.
Objectives of pricing
Profit maximization Market share Meet or prevent competition
57
Price stabilization Expedite cash collection Resource mobilization Promotion of developmental activities Influence prices of others
AVADH NAMKEEN is having objectives of pricing which combines all the
above-mentioned objectives.
METHODS OF PRICING
After having selected the pricing objectives determining the possible range
of price and selecting price strategy, the stage is
ready for setting and establishing prices following
are the various methods of pricing.
1. Penetration pricing method
2. Skimming pricing method
58
AVADH NAMKEEN followsthe simple strategy of fixing the price of its
products it considers two factors in its minds i.e;
cost of products and the competitor’s prices at the
time of fixing the price that means it takes into
account.
59
INDEX
NO. PARTICULAR PAGE NO1 Introduction of place
mix47
2 Distribution channel 483 Transportation 49
61
INTRODUCTION OF PLACE MIX
Every marketing activity starts
with the customer and ends with the customer. The
customer is the ultimate target for a market. The
availability of the product in market depends on
the efficiency of distribution channael.therfore;
the distribution channel plays a significant role
in the marketing activity. The success of a
company’s marketing efforts depends upon its
command on the distribution network.
The company can reach customer
either directly thought its own sales force or
through a set of intermediaries and channel.
62
DISTRIBUTION CHANNEL
Mostly manufacturer do notsell their goods directly to the final users
between them stands a set of intermediaries
performing a variety of function. These
intermediaries constitute a marketing channel or
distribution channel.
63
Marketing channels are sets
of interdependent organizations involved in the
process of making a product or service available
for use or consumption. Marketing channel decisions
are among the most critical decisions facing
management. The channel chosen intimately affect
all the other marketing decisions.
Channel of Distribution
Producer
Dealer
Sub dealer
Wholesaler
Retailer
Consumer
64
TRANSPORTATION
Transportation is very
important for marketing small-scale industry
product. There are mainly four types of
transportation, which are as follow.
1) Air transportation.
2) Rail transportation
3) Shipping transportation
4) Road transportation.
AVADH NAMKEEN is concern they have arranged well set up of
transportation. They are dispatching their product
to every destination by road i.e. by trucks. When
they consider the transportation they will consider
they following points.
1) Very economical way.
65
INTRODUCTIN OF PROMOTION MIX
Promotion represents all of
the communication that a marketer may use in the
marketplace. Promotion has four different elements:
68
Advertising, public
relation, personal selling and sales promotion.
Advertising covers any communication that is paid
for, from cinema commercial, radio and intern ate
advertising through print media and billboards.
Publicity is used where the communication is not
possible directly paid for and includes press
releases, sponsorship, exibutions, conferences,
seminars or trade fair and event. Word of mouth is
any apparently informal communication about the
product by ordinary individuals, satisfied
customers or people specifically engaged to create
word of mouth momentum. Sales staff often plays an
important role in word of mouth and public
relation.
There are various tools for Promotion Mix.
Advertising
Publicity
Personnel Selling
69
Sales Promotion
TOOLS FOR PROMOTION MIX
Advertising
Advertising is defined as any paid formof non-personal presentation and promotion ofideas, goods and services by an identifiedsponsor. It is impersonal salesmanship formass selling, a means of mass communication.
AVADH NAMKEEN mainly advertises theirproducts in inside city busses and banners atshop.
Publicity
70
It is non-personal stimulation of demandfor a product, services or a business unit byplacing commercially significant news aboutit in a publication or obtaining favorablepresentation of it upon Radio, TV, or stagethat is not paid for by the sponsor.
Personal selling
It is the best means of area and face toface communication and presentation with theprospect for the purpose of making sales. Itis the best means of oral and face to facecommunication of presentation with thepurpose of making sales. There may be oneprospect or a no of prospects in thepersonal conversation.
Personal selling is the most effectivetool at larger stage of the buying process,particularly in building the preference,confidence and assurance of potential
71
consumers. And it is right that personalselling gives a personal touch.
Sales Promotion
It covers those marketing activitiesother than advertising, publicity andpersonal selling that stimulate consumerpurchasing and dealer effectiveness. Suchactivities are displays, shows, exhibitions,demonstration and many other non-routingselling efforts at the point of purchase.Sales Promotion attracts consumer attentionand provides information that may lead tothe purchase.
Sales promotion offer a strong incentivesto purchase by providing contribution thatgive additional value to the consumer orcustomer. Companies use sales promotiontools to create a stronger and quickerresponse of the customers. Where advertisingoffer a reason to buy, sales promotion offeran incentive to buy. Sales promotionincludes tools for consumer promotioni.e. free samples and samples at adiscounted rate.
72
Sales promotion is an important
component of a small business’s overallmarketing strategy, along with advertising,public relations, and personal selling. Somecommon types of sales promotion includesamples, coupons, sweepstakes, and contests,in- store display, trade shows, price-offdeals, premiums, and rebates.
Advertisement says, “Buyour product” whereas sales promotion says,“Buy it now”. However, a disadvantage is thatit is not as effective as personal selling.
As far as AVADH
NAMKEEN conserved they are spending more money by giving advertising in magazines through holdings,
arranging trade fair and exhibition while launching
new products
73
FUTURE PLAN
Future plans of AVADH
NAMKEEN PVT LTD. are as under:
1.To get more and cheaper production.
2.To launch new products.
3.To discover new markets.
74
4.To increase market share and stand against
stiff market competition.
5. To increase plant and machinery for
reach demand in Gujarat.
EXPERIENCE OF INDUSTRIAL TRAINING
As a student of
business management, the entire theatrical subject
75
is quite necessary for study but along with that,
practical aspect is inevitable. By industrial
training I come to know that there is wide
difference between books information and practical
of company. Thought industrial training income to
know many new things that entire department is
interlinked and interconnected I get knowledge of
various types of snacks like sev mamra various type
of fryms.The entire department management was too
much information about company. So, my experience
was very nice during industrial training.
76
SUGESSION
Today is the era of
hyper competition and cyber competition, now a
day domestic companies face many threats in
India. But Avadh Snacks.Pvt.Ltd. Is a company,
which is capable enough to sustain and maintain
the same growth rate in the market this is
possible only thought proper integration of
management strategy and intellectual plans.
After completing my
project on Avadh Snacks.Pvt.Ltd.I want to give
following suggestion to the company.
Company should launch wafer product.
They should try to increase the
advertisement to create awareness of the
company’s product.
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Company should try and expand the market in
Gujarat & national
level.
They should install pollution control
machinery in the unit.
Better facilities should be provided to its
employees.
CONCLUSION
After visiting Avadh
Snacks Pvt.Ltd, I feel very glad that I had be a
part of it for sometime. This visit gave me much
practical knowledge and a very good experience.
As I have done the practical study and the
report work second time in our BBA program, I
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have felt that it is the easiest and most
appropriate way of learning the practical
aspects of management.
The market of
Nankeens is expanding because its demand is
increasing day by day. The reason behind that is
qualitative product and reasonable price of the
products. With the expectation of high
profitability and good market, it is assumed
that it would be the perfect product to be
manufactured in today’s environment.
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BIBLIOGRAPHY
Training in
industrial unit and getting the practical knowledge
of the industry is a part of out syllabus but after
achieving a practical training we are abides to
prepared project report on a selected industry. To
prepare such report theoretical concept must be
clear in our mind. We have to right a true and
clear meaning for the preparation of best and
complete project report to have the complete
knowledge regarding various theoretical concepts. I
took the help from the following books by well know
authors and I also took the help of sites.
Sr Title of the Author name Publicatio
80
no. book n1 Modern business &
management
Sherlock’s &
Sherlock’s
Himalaya
publishing
house2 Marketing
management
Tapan k. panda Excel books
3 COMPANY WEBSITE: www.avadhnamkeen.c
om
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