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    A

    Training ReportOn

    STUDY OF CUSTOMER SATISFACTION AT SAMRITHI

    HYUNDAI MOTORS LTD

    SUBMITTED FOR THE PARTIAL FULFILLMENT OF THE

    REQUIRMENT OF PAPER BBCP-501 FOR THE DEGREE OF

    BACHELOR OF BUSINESS ADMINISTRATION

    Under the Supervision of Submitted ByMrs. SHEFALI VERMA HARBRINDER SINGH

    Asst. Professor 1211002

    MM Institute of Management

    MM University, Mullana, Ambala, Haryana-133203

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    DECLARATION

    I HARBRINDER SINGH hereby declare that the training report STUDY

    OF CUSTOMER SATISFACTION AT SAMRITHI HYUNDAI

    MOTORS LTD submitted for the degree of Bachelor of Business

    Administration is my own work and the report has not formed the basis for

    the award of any Degree, Diploma, Associate ship, Follow ship or similar

    other titles. It has not been submitted to any other University or Institute for

    the award of any Degree or Diploma.

    Date - Name & Roll no.

    Place - HARBRINDER SINGH

    1211002

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    ACKNOWLEDGMENT

    A Project usually falls short of its expectation unless guided by the right

    person at the right time. Success of a project is an outcome of sincere

    efforts, channeled in the right direction, efficient supervision and the most

    valuable professional guidance.

    This project would not have been completed without the direct and indirect

    help and guidance of such luminaries. They provide me with the necessary

    recourses and atmosphere conductive for healthy learning and training.

    At the outset I would like to take this opportunity to gratefully acknowledge

    the very kind and patient guidance I have received from my project guide

    Miss Monika Gupta. Without her critical evaluation and suggestion at every

    stage of the project, this report could not have reached its present form. In

    addition, my internal guide Prof., Faculty has critically evaluated my each

    step in developing this project report.

    I would like to extend my gratitude towards, Director, for his moral supportrequired for the realization of this project report.

    Lastly, I would like to thank all the members of Reliance fresh & Easy Day

    and my colleagues who gave me fruitful information to finish my project.

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    STUDENT DECLARATION

    This is to certify that I have completed the Project titled STUDY OF CUSTOMERSATISFACTION AT SAMRITHI HYUNDAI MOTORS LTD in partial fulfillment

    of the requirement for the award of Degree of Bachelor of Business Administration at

    Maharishi Markendeshwar Institute of Management. This is an original piece of work &

    I have not submitted it earlier elsewhere.

    Date: Signature:

    Place: Ambala Name: Harbinder Singh

    Roll No.:1211002

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    CERTIFICATE

    This is to certify that the summer project titled Study of Customer Satisfaction at

    Samrithi Hyundai. is an academic work done by Harbrinder Singh submitted in the

    partial fulfillment of the requirement for the award of the degree of Bachelor of

    Business Administration.

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    EXECUTIVE SUMMARY

    Automobiles have become an indispensable part of our lives, an extension of The humanbody that provides us faster, cheaper and more convenient mobility every passing day.

    Behind this betterment go the efforts of those in the industry, in the form of

    improvement through technological research. The Indian automotive component industry

    is dominated by around 500 players which account for more than 85% of the production.

    Hyundai Motor Co. was established as an independent Company in 1937.This project on

    Hyundai tells us about the satisfaction level of consumers with The Hyundai. Firstly

    Introduction about The Automobile Industry has been explained in this project. As a

    joint venture between Group and Hyundai Motor Corporation, Hyundai Motor Limited

    (TKM) aims to play a major role in The development of The automotive industry and

    The creation of employment opportunities, not only through its dealer network, but also

    through ancillary industries. Hyundai Motor Limited firmly believes that The success of

    this venture depends on providing high quality products and services to all valued

    customers through The efforts of its team members. Hyundai Motor Limited, along with

    its dedicated dealers and suppliers, has adopted The "Growing Together" philosophy of

    its parent Company TMC to create long-term business growth. In this way, Hyundai

    Motor Limited aims to further contribute to progress in The Indian automotive industry,

    realize greater employment opportunities for local citizens, improve The quality of life

    of The team members and promote robust economic activity in India. The next phase

    looks upon The research carried out for analyzing The response towards Hyundai. This

    has been done by conducting a survey.

    After conducting the survey it was observed that most of The Hyundai owners were

    satisfied with their services and its maintenance. The designing and interiors are most

    liked by The customers but few people also want it to be more affordable.

    http://en.wikipedia.org/wiki/1937http://en.wikipedia.org/wiki/1937
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    TABLE OF CONTENTS

    Page No.

    Chapter 1 Introduction about The Industry

    Chapter 2 About The OrganizationChapter 3 Research Methodology

    3.1 Objectives of The Study

    3.2 Methodology

    3.3 Limitation of Study

    Chapter 4 Findings and Analysis

    4.1 Findings from Primary Data

    Chapter 5 Conclusion

    Chapter 6 Recommendations

    ANNEXURE Annexure I

    Questionnaire Annexure II

    Product Mix of Hyundai Bibliography

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    CHAPTER 1

    Introduction about the Industry

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    Introduction

    The Indian automotive component industry is dominated by around 500 players which

    account for more than 85% of the production. The turnover of this industry has been

    growing at a mammoth 28.05% per annum from 2002-03 onwards as illustrated in Figwhich clarifies its emergence

    as one of India's fastest growing manufacturing sectors. During 1990s, the auto

    components market in India used to be dominated by supplies to the aftermarket with

    only 35% exports sourced by global Tier 1 OEMs (Original Equipment Manufacturers).

    The industry made a sustained shift to the global Tier 1 market and today, the component

    manufacturers supply 75% of their exports to global Tier 1 OEMs and the remaining to

    the aftermarket. This is largely due to the growing capability of The Indian component

    suppliers in understanding technical drawings, conversance with global automotive

    standards, economically attractive costs (manufacturing costs are 25%-30% lower than

    its western counterparts), flexibility in small batch production and growing information

    technology application for design, development and simulation.

    Besides The burgeoning demand of auto components from global majors, the domestic

    automobile industry has been showing a sparkling growth caused by increasing customer

    base and affordable loans. Based on this, the turnover of The Indian auto component

    industry is expected to touch US$ 18.7 billion by 2009 and estimated to reach US$ 40

    billion by 2014.

    Overview of Indian Automobile Industry

    The liberalized policies of The Indian Government paved towards steady evolution of

    India as a stable and market driven economy with the real Gross Domestic Product

    growth in excess of 8%, foreign exchange reserves crossing The $150 billion mark,

    growing value of Indian Rupee compared to US dollar and reducing inflation rate. 100%

    Foreign Direct Investment, absence of local content regulation, manufacturing and

    imports free from licensing & approvals in The automobile sector

    coupled with customs tarifforauto components reducing to 12.5% resulted in increased

    number of multinationals establishing Their bases in India and with export markets

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    looking up, The Indian automobile industry is poised for a phenomenal growth. The

    automobile production in the sub-continent has been growing steadily @ 18.53% per

    annum from 2002-03 onwards with total vehicle production standing at a mammoth

    1,00,31,296 nos. in 2005-06.

    Among The automobiles, 2 wheelers account for 75.77%, cars about 11.09%, 3 wheelers

    to the tune of 4.33%, tractors about 2.95%, buses & trucks constitute 2.19%, Multi

    Utility Vehicles (MUVs) to The tune of 1.96% and Light Commercial Vehicles (LCVs)

    about 1.71% of The total number of automobiles produced in the country. Presently,

    India is the second largest market after China for two & three wheelers.

    In tractors production, India is one of the two largest manufacturers in the world along

    with China. The subcontinent stands as the 4th largest producer of trucks in the world.

    Coming to The passenger car segment, the country is positioned 11th in car production

    in the world. The Indian passenger car

    market is far from being saturated leaving ample opportunity for volume growth since

    the per capita car penetration per 1000 is only 7 compared to 500 in Germany. The

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    production of cars in The country has been growing at a mammoth 27.58% per annum

    from 2002- 03 onwards. In general, cars are broadly classified as Mini, Compact, Mid-

    Size, Executive & Premium varieties. There has been a steady rise in compact car

    production from 333,000 in 2002-03 to 715,000 in 2005- 06, mid-size cars from 122,000

    to 204,000 nos., executive cars from 2000 to 23,000 nos. and premium variety cars from

    4000 in 2002-03 to 5000 nos. in 2005-06. The mini car segment production reduced

    from 150,000 in 2002-03 to 98,000 nos. in 2005-06. These statistics vividly reveal the

    increasing capacity of The Indian customer, thus driving The passenger car demand

    rapidly up The price ladder. Analysts speculate car production in The sub-continent to

    touch 1575,000 in 2009 and 2654,000 by 2014. Cars and MUVs exports rose from

    72,000 in 2002-03 to reach 176,000 nos. in 2005-06 with growth @ 48.155 per annum

    from 2002-03 onwards.

    Out of The two wheelers produced in India, motorcycles account for 81.59%, scooters

    about 13.42% and mopeds to the tune of 4.99% of the total production. The production

    statistics which shows The growth of 2wheelers @ 16.58% per annum from 2002-03

    onwards. Out of this, motorcycles have exhibited production growth @ 19.99% per

    annum, scooters @ 6.74% per annum & mopeds @ 2.65% per annum from 2002-03

    onwards. Two wheeler production units in India constitute of Japanese OEMS (Original

    Equipment Manufacturers) which include Hero Honda Motors, Honda Motorcycle &scooter India (P) Ltd., Yamaha Motor India (P) Ltd. & Suzuki Motorcycle India (P) Ltd.

    and Indian OEMs consisting of Bajaj Auto Ltd. , T V S M o t o r Company Ltd., LML

    Ltd., Kinetic Engineering Ltd., Majestic Auto Ltd., Kinetic Motor Company Ltd. and

    Royal Enfield of Eicher Ltd.

    Out of the aforementioned, Hero Honda accounts for 39.55%, Bajaj Auto about 26.87%,

    TVS Motors 17.98%, Honda Motors 7.94%, Yamaha Motors 3.27%, LML 1.41% and

    The remaining 2.98% of The total 2 wheelers production in The country. The exports of

    two wheelers made a significant growth from a level of 180,000 in 2002-03 to reach

    513,000 nos. in 2005-06. The latest estimates put up production of 2 wheelers to 13.6

    million by 2009.

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    The production of Multi Utility Vehicles (MCVs) has been showing sparkling growth @

    23.84% per annum, Light Commercial Vehicles (LCVs) @ 35.49% and Medium &

    Heavy Commercial Vehicles

    (M & HCVs) @ 27.33% per annum from 2002-03 onwards in India. Industry analysts

    put up MUVs production to reach 207,000 in 2009 and 277,000 in 2014. Commercial

    vehicle exports made a steady growth from a level of 11,000 in 2002- 03 to 41,000 in

    2005-06. The manufacturing units for four wheelers in India constitute of Japanese

    OEMs covering Maruti Udyog Ltd., Hyundai Motor (P) Ltd., Honda Siel cars India Ltd.

    & Swaraj Mazda Ltd., Indian OEMs consisting of Tata Motors Ltd., Mahindra &

    Mahindra Ltd., Ashok Leyland Ltd., Force Motors Ltd., Eicher M o t o r s L t d . &

    Hindustan Motors Ltd., Korean OEM Hyundai Motor India Ltd., American OEMs which

    include General Motors India (P) Ltd. & Ford India (P) Ltd. and European OEMs

    consisting of Skoda Auto India (P) Ltd., Daimler Chrysler India (P) Ltd., Volvo India (P)

    Ltd., Tatra Trucks India Ltd. & Fiat India (P) Ltd. Presently, Maruti Udyog accounted

    for 33.24%, Tata Motors 26.14%, Hyundia Motors15.13%, Mahindra & Mahindra

    7.47%, Ashok Leyland 3.78%, Hyundai 2.61%, Honda Siel Cars 2.40%, Force Motors

    2.08%, General Motors 1.78%, Ford India 1.57%, Eicher Motors 1.41% and oThe4rs

    2.39% of The total production of four wheelers in India.The tractors production in the country has been making a steady growth @ 25.80% and

    three wheelers @ 19% per annum from 2002-03 onwards. The Indian automobile

    industry is flooded with huge investments involving green field and brown field projects.

    Hyundai plans to set up a LCV plant at Pune, India. Hyundai would be investing US$ 4.2

    billion for starting production of small cars & Suzuki plans to invest US$ 1.6 billion in

    India.

    Isuzu Motor & Nissan Motor belonging to Hitachi Ltd. Of Japan would begin

    manufacturing cars in India.

    Tata Motors is setting up its novel small car production facility near Kolkata. Hyundai

    plans to make India an export base for small cars. Telecon is investing about US$ 54

    million for production of earth moving vehicles/components at Kharagpur in India. Also,

    Honda Motorcycles & scooters have ambitious plan for making this sub-continent a hub

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    for two wheelers exports. All These forward towards further increase in demand for auto

    components.

    Auto Components Production Range In India

    India is bestowed with excellent infrastructure for production of auto components. There

    are various national and multinational companies in the country that have put up state of

    art auto component manufacturing facilities. The production range of auto components

    in India. For many of the auto components, steel remains the dominant material due to its

    versatility providing a wide range of properties through the choice of appropriate

    combination of composition and processing.

    Along with The above, long term availability of raw materials, good recycling ability, a

    relatively favourable price and The large experience based knowledge favour steel as a

    choice for use in auto component manufacturing.

    The steel requirements in general for engine parts such as fan, pulley, piston pin & oil

    fan are met by low carbon steels, medium carbon steels/alloy steels based on requisite

    mechanical properties are applied for crankshafts, connecting rods, rocker arm shafts e t

    c . While low carbon/low carbon alloy case hardening steels are u s e d f o r

    moderately/severely stressed components. Transmission parts such as input shaft, output

    shaft, front axle, rear axle, kick down & reverse bands, pinion shafts, clutch discs &plates, automatic transmission components etc. are made with medium carbon/alloy

    steels while The gears are made of low carbon/low carbon alloy case hardening steels.

    Suspension and steering parts such as knuckle ball studs, arm sector shafts, arm parts,

    pitman & idler arms, struts, tie rod ends, ball joint studs, center link etc. are either made

    of medium carbon steel or alloy steel depending upon The conferred properties, spring

    steels for suspension springs while low carbon case hardening steels are applied for

    components that require wear resistance. Various low carbon/low carbon alloy steels are

    used for rivets, bolts, nuts & other fastener items. Steel required for chassis components

    are met with cold forming & wieldable low carbon/micro alloyed steel sheets/plates

    while deep drawing & extra deep drawing varieties of steel sheets are employed for

    body.

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    Steels are shaped, formed, heat treated and/or machined into automotive components

    fulfilling The specific design criteria requiring critical set of properties like strength &

    toughness, fatigue & fracture resistance, wear resistance, corrosion resistance etc.

    Technology of machining, fabricating or forming of engineering components has

    undergone rapid changes with the advent of Computer

    Aided Manufacturing systems and robotics. Consequently, the auto component

    manufacturers require the highest degree of consistency in the quality of the steels both

    metallurgical and dimensional. Also, the changes in customer expectations for lighter,

    more powerful & fuel efficient vehicles with greater degrees of reliability & safety will

    continuously drive The steel industry towards development and manufacturing of steel

    with closer band of metallurgical properties, physical properties, leaner alloy

    compositions, higher strength to weight ratio etc. at The most competitive prices.

    Today, automobile sector accounts for 7% of the total steel consumed in India. The

    sparkling growth of the automotive component industry and the automobile industry in

    India translates into a tremendous potential and opportunity for domestic steel producers

    to cater to the needs of these industries where steel is the most vital input.

    India Emerging as Hub for Auto Components Indian auto component industry is fast

    emerging as an attractive OEM & Tier 1 supplier. The auto component exports fromIndia rose from a mere US$ 0.760 billion in 2002-03 to US$ 1.8 billion in 2005-06

    showing growth @ 45.61% per annum from 2002-03 onwards. In 2005-06, about 36% of

    the component exports headed for Europe, 26% for America, 16% for Asia, 10% to

    Africa, 10% to Middle East, 1.5% to Oceania and others account for 0.5% of the total

    exports.

    Based on The sparkling growth in demand for auto components, global auto majors and

    domestic giants have been investing heavily in India because of India's competitive

    advantage. Accordingly, the total investment in Indian auto component industry has been

    showing a tremendous growth @ 22.12% per annum from 2002-03 onwards. The

    investment is expected to rise further with huge strides. Among various investments

    pumping in India, auto parts maker Robert Bosch of Germany will investment US$

    201.4 million in its Indian subsidiaries over two years with bulk of investment in Motor

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    this, global multi nationals are shifting automotive design centers into India with India

    evolving as an excellent automotive R & D base for prototyping, testing, validating and

    production of auto components caused by excellent IT skills & exemplary automotive

    domain knowledge.

    Conclusions

    With increased role of outsourcing in an integrated global economy and India being

    considered as a low cost automotive component producer possess a greater edge in the

    global market aspiring to capture 10% share of the global market which translates into an

    export target of US$20 billion by 2015. Also, by the current trends in the domestic

    automotive industry, the indigenous demand for auto components is estimated to reach

    US$20 billion in The next 10 years. This is expected to increase the demand for alloy

    steels providing a great opportunity for alloy steel producers in the country to capitulate

    on it.

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    CHAPTER 2

    About The Organization

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    COMPANY PROFILE

    1.1 ABOUT HYUNDAI MOTORS INDIA LIMITED

    Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai

    Motor Company (HMC), South Korea and is the largest passenger car exporter

    and the second largest car manufacturer in India. HMIL presently markets 6

    models of passenger cars across segments. The A2 segment includes the Santro,

    i10 and the i20, the A3 segment includes the Accent and the Verna, the A5

    segment includes the Sonata Transform.

    HMILs fully integrated state-of-the-art manufacturing plant near Chennai

    boasts of the most advanced production, quality and testing capabilities in the

    country. To cater to rising demand, HMIL commissioned its second plant in

    February 2008, which produces an additional 300,000 units per annum, raising

    HMILs total production capacity to 600,000 units per annum.

    In continuation with its commitment to providing Indian customers with cutting-

    edge global technology, HMIL has set up a modern multi-million dollar research

    and development facility in the cyber city of Hyderabad. It aims to become a

    centre of excellence for automobile engineering and ensure quick turnaround

    time to changing consumer needs.

    As HMCs global export hub for compact cars, HMIL is the first automotive

    company in India to achieve the export of 10 lakh cars in just over a decade.

    HMIL currently exports cars to more than 110 countries across EU, Africa,

    Middle East, Latin America, Asia and Australia. It has been the number one

    exporter of passenger car of the country for the sixth year in a row.

    To support its growth and expansion plans, HMIL currently has a 290 strong

    dealer network and 580 strong service points across India, which will see further

    expansion in 2010.

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    To support its growth and expansion plans, HMIL currently has a 290 strong

    dealer network and 580 strong service points across India.

    1.2 COMANYS HISTORY

    The beginning of Hyundai Motor Company dates to April 1946 when founder, Ju-Yung

    Chung established Hyundai Auto Service in Seoul, South Korea at The age of 31 years.

    The name Hyundai was chosen for its meaning which in English translates to modern.

    The Hyundai logo is symbolic of The Company's desire to expand. The oval shape

    represents The Company's global expansion and The stylized "H" is symbolic of two

    people (The Company and customer) shaking hands.

    Hyundai Motor India Limited was formed in 6 May 1996 by TheHyundai Motor

    Company of Korea. The first production plant was established in Irrungattukotai

    nearChennai,India.

    HMIL's first car, The Hyundai Santro was launched in 23 September 1998 and was a

    runaway success. Within a few months of its inception HMIL became The second largest

    automobile manufacturer and The largest automobile exporter in India.

    Hyundai sells several models in India, The most popular being The Santro Xing, i10 and

    The i20.OTheR models Include Getz Prime, Accent, Verna TRANSFORM, Tucson, and

    The Sonata Transform.

    1.3 COMPANYS VISION

    The companys motto is "Innovation for Customers". The companys vision is five core

    strategies: global orientation, respect for human values, customer satisfaction,

    technology innovation, and cultural creation. They have a desire to create an automobile

    culture of putting customer first via developing humancentered and environment

    friendly technological innovation.

    The companys strives to create a more affluent lifestyle for humanity, and contribute to

    the harmony and co-prosperity with shareholders, customers, employees and other

    stakeholders in The automobile industry.

    The spirit of creative challenge of the company has been a driving force in leading

    HMIL to where it is today. It is the permanent key factor for HMIL to actively respond

    http://en.wikipedia.org/wiki/Hyundai_Motor_Companyhttp://en.wikipedia.org/wiki/Hyundai_Motor_Companyhttp://en.wikipedia.org/wiki/Hyundai_Motor_Companyhttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Hyundai_Santrohttp://en.wikipedia.org/wiki/Hyundai_Santro_Xinghttp://en.wikipedia.org/wiki/Hyundai_i10http://en.wikipedia.org/wiki/Hyundai_i20http://en.wikipedia.org/wiki/Hyundai_Clickhttp://en.wikipedia.org/wiki/Hyundai_Accenthttp://en.wikipedia.org/wiki/Hyundai_Vernahttp://en.wikipedia.org/wiki/Hyundai_Tucsonhttp://en.wikipedia.org/wiki/Hyundai_Sonatahttp://en.wikipedia.org/wiki/Hyundai_Motor_Companyhttp://en.wikipedia.org/wiki/Hyundai_Motor_Companyhttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Hyundai_Santrohttp://en.wikipedia.org/wiki/Hyundai_Santro_Xinghttp://en.wikipedia.org/wiki/Hyundai_i10http://en.wikipedia.org/wiki/Hyundai_i20http://en.wikipedia.org/wiki/Hyundai_Clickhttp://en.wikipedia.org/wiki/Hyundai_Accenthttp://en.wikipedia.org/wiki/Hyundai_Vernahttp://en.wikipedia.org/wiki/Hyundai_Tucsonhttp://en.wikipedia.org/wiki/Hyundai_Sonata
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    to change in the companys the management system and seek creative and self

    innovative system. The spirit of creative challenge, creates profits, The primary

    objective of a private enterprise. Furthermore, the companys takes responsibility for The

    environment and society and provide benefits to all stakeholders including shareholders,

    customers, executives, employees, suppliers, and communities.

    Corporate Philosophy

    Management Philosophy

    With the spirit of creative challenge, we will strive to create a more affluent lifestyle for

    humanity, and contribute to the harmony and co-prosperity with shareholders, customers,

    employees and other stakeholders in the automobile industry.

    The spirit of creative challenge has been a driving force in leading HMC to where it is

    today.

    It is the permanent key factor for HMC to actively respond to change in the management

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    system and seek creative and selfinnovative system. With the spirit of creative

    challenge, we create profits, the primary objective of a private enterprise. Furthermore,

    we take responsibility for the environment and society we belong to, and offer

    sustainable mobility in order to implement our corporate philosophy and provide benefits

    to all stakeholders including shareholders, customers, executives, employees, suppliers,

    and communities. Vision We announced "Innovation for Customers" as

    our midto longterm vision with five core strategies: global orientation, respect for

    human values, customer satisfaction, technology innovation, and cultural creation. We

    desire to create an automobile culture of putting customer first via developing human

    centered and environmentfriendly technological innovation.

    Management Policy

    Based on a respect for human dignity, we make efforts to meet the expectations of all

    stakeholders including customers and business partners by building a constructive

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    relationship amongst management, labor, executives and employees. Also, we focus on

    communicating our corporate

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    values both internally and externally, and gaining confidence from all stakeholders.

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    Mid-and Long-term Strategies. We developed five midand longterm strategies: global

    management, higher brand values, business innovation, environmental management, and

    strengthening product competitiveness. Especially, we selected environmental

    management as one of our strategies to meet the needs of our stakeholders and the

    society we belong to. We also intend to promote sustainability development and

    preservation of the environment.

    MGF DEVELOPMENTS

    The MGF Developments has been making a difference to Indian lifestyle and

    development for over seven decades. Our longevity and success represents an unmatched

    commitment to our customers, our business and our employees. From being the pioneers

    in the Hire Purchase and Leasing business, the MGF Developments today is making a

    difference in Real Estate Development and Automobiles Distribution ventures across

    India.

    ABOUT MGF

    MGF Developments is a leading player in the field of retail real estate and property

    development in India, and has brought in international standards in commercial

    complexes and shopping malls. It was first in the sector to introduce the concept ofcondominiums in the country. Today, it is one of the largest shopping mall developers in

    the National Capital Region, with almost 3 million sq.ft. of retail space under

    development. Some of MGF Developments landmark projects include the Metropolitan,

    The Plaza and the City Square Mall in Gurgaon in 2003. It is an organization that in

    many ways has been a model for a host of new companies entering the field.

    Samrithi Hyundai is one of the leading names in Automobiles dealership of Hyundai.

    Motor India Ltd located at 1, Jhandewalan, Faiz Road, Ambala. The centralized location

    of the showroom effectively covers whole of Ambala in North, East, West & South and

    providing dedicated professional after sales service to our esteemed customers by having

    service centers at G.T. Karnal Road, Patparganj, Mayapuri and Okhla.

    MGF Mayapuri service station is also the training hub for all North Indian Hyundai

    Service stations.

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    Samrithi Hyundai is having highly professional & motivated team, dedicated leaders

    providing their prompt, efficient services to our customers with utmost priority being the

    Quality of Service and Customer Satisfaction. Our longevity and success represent an

    unmatched commitment to our esteemed customers, solid knowledge of the Indian

    Market and to a certain extent our competitive advantage with our large customer

    database, distribution network and customer services.

    VISION AND MISSION

    At a time when India was awakening to the call of freedom, MGF was taking a

    revolutionary step that would help hasten the country's development. Today, the MGF

    Developments portfolio spans the entire spectrum of small, medium and large-scale

    equipment finance as well as big ticket leasing, vehicle financing, Automobiles

    dealerships, factoring services, consumer finance, and infrastructural development. The

    MGF Developments brings international expertise, cutting-edge technology and global

    scale of operations to deliver 100 percent satisfaction to its customers, clients and

    employees. The MGF Developments vision is to be recognized as:

    The preferred provider of services and integrated solutions in all its areas of operation

    A diverse team of talented professionals with expertise in selected segments

    An employer of choice, fostering a culture that values Dedication, Respect andContinuous Improvement

    MARKETING

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    What is marketing?

    There are many different definitions of marketing. Consider some of The following

    alternative definitions:

    The all-embracing function that links The business with customer needs and wants in

    order to get The right product to The right place at The right time

    The achievement of corporate goals through meeting and exceeding customer needs

    better than The competition

    The management process that identifies, anticipates and supplies customer requirements

    efficiently and profitably

    Marketing may be defined as a set of human activities directed at facilitating and

    consummating exchanges

    Which definition is right? In short, They all are. They all try to embody The essence of

    marketing:

    Marketing is about meeting The needs and wants of customers;

    Marketing is a business-wide function it is not something that operates alone from

    other business activities;

    Marketing is about understanding customers and finding ways to provide products or

    services which customers demand

    To help put things into context, you may find it helpful to often refer to The followingdiagram which summarises The key elements of marketing and Their relationships:

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    MARKETING CONCEPT AND ORIENTATION

    It is a fundamental idea of marketing that organisations survive and prosper through

    meeting The needs and wants of customers. This important perspective is commonly

    known as The marketing concept.

    The marketing concept is about matching a Company's capabilities with customer wants.

    This matching process takes place in what is called The marketing environment.

    Businesses do not undertake marketing activities alone. They face threats from

    competitors, and changes in The political, economic, social and technological

    environment. All These factors have to be taken into account as a business tries to match

    its capabilities with The needs and wants of its target customers.

    An organisation that adopts The marketing concept accepts The needs of potential

    customers as The basis for its operations. Success is dependent on satisfying customer

    needs.

    What are customer needs and wants?

    A need is a basic requirement that an individual wishes to satisfy.

    People have basic needs for food, shelter, affection, esteem and self-development. Manyof These needs are created from human biology and The nature of social relationships.

    Customer needs are, Therefore, very broad.

    Customer needs are broad, customer wants are usually quite narrow.

    A want is a desire for a specific product or service to satisfy The underlying need.

    Consider this example:

    Consumers need to eat when they are hungry. What they want to eat and in what kind of

    environment will vary enormously. For some, eating at McDonalds satisfies the need to

    meet hunger. For others a microwave ready-meal meets the need. Some consumers are

    never satisfied unless Their food comes served with a bottle of fine Chardonnay.

    Consumer wants are shaped by social and cultural forces, The media and marketing

    activities of businesses.

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    This leads onto another important concept - that of customer demand:

    Consumer demand is a want for a specific product supported by an ability and

    willingness to pay for it.

    For example, many consumers around the globe want a Mercedes. But relatively few are

    able and willing to buy one.

    Businesses therefore have not only to make products that consumers want, but They also

    have to make Them affordable to a sufficient number to create profitable demand.

    Businesses do not create customer needs or The social status in which customer needs

    are influenced. It is not McDonalds that makes people hungry. However, businesses do

    try to influence demand by designing products and services that are

    Attractive

    Workwell

    Areaffordable

    Are available

    Businesses also try to communicate The relevant features of Their products through

    advertising and other marketing promotion.

    MARKETING MIX

    The marketing mix is generally accepted as The use and specification of The four Psdescribing The strategic position of a product in The marketplace. One version of The

    origins of The marketing mix starts in 1948 when James Culliton said that a marketing

    decision should be a result of something similar to a recipe. This version continued in

    1953 when Neil Borden, in his American Marketing Association presidential address,

    took The recipe idea one step further and coined The term 'Marketing-Mix'. A prominent

    marketer, E. Jerome McCarthy, proposed a 4 P classification in 1960, which would see

    wide popularity. The four Ps concept is explained in most marketing textbooks and

    classes.

    DEFINITION

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    Although some marketers have added other Ps, such as personnel and packaging, The

    fundamentals of marketing typically identifies The four Ps of The marketing mix as

    referring to:

    Product -An object or a service that is mass produced or manufactured on a large scale

    with a specific volume of units. A typical example of a mass produced service is The

    hotel industry. A less obvious but ubiquitous mass produced service is a computer

    operating system. Typical examples of a mass produced objects are The motor car and

    The disposable razor.

    Price The price is The amount a customer pays for The product. It is determined by a

    number of factors including market share, competition, material costs, product identity

    and The customer's perceived value of The product. The business may increase or

    decrease The price of product if other stores have The same product.

    Place Place represents The location where a product can be purchased. It is often

    referred to as The distribution channel. It can include any physical store as well as virtual

    stores on The Internet.

    Promotion Promotion represents all of The communications that a marketer may use in

    The marketplace. Promotion has four distinct elements - advertising, public relations,

    word of mouth and point of sale. A certain amount of crossover occurs when promotion

    uses The four principal elements together, which is common in film promotion.Advertising covers any communication that is paid for, from television and cinema

    commercials, radio and Internet adverts through print media and billboards. One of The

    most notable means of promotion today is The Promotional Product, as in useful items

    distributed to targeted audiences with no obligation attached. This category has grown

    each year for The past decade while most other forms have suffered. It is The only form

    of advertising that targets all five senses and has The recipient thanking The giver.

    Public relations are where The communication is not directly paid for and includes press

    releases, sponsorship deals, exhibitions, conferences, seminars or trade fairs and events.

    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

    Relations.

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    Broadly defined, optimizing The marketing mix is The primary responsibility of

    marketing. By offering The product with The right combination of The four Ps marketers

    can improve Their results and marketing effectiveness. Making small changes in The

    marketing mix is typically considered to be a tactical change.

    Making large changes in any of The four Ps can be considered strategic. For example, a

    large change in The price, say from $19.00 to $39.00 would be considered a strategic

    change in The position of The product. However a change of $131 to $130.99 would be

    considered a tactical change, potentially related to a promotional offer.

    MARKET RESEARCH

    Market research is for discovering what people want, need, or believe. It can also involve

    discovering how They act. Once that research is complete it can be used to determine

    how to market your specific product. MR-Anywhere is a very good platform for market

    research and analysis

    For starting up a business There are a few things that are important:

    Market information

    Market information is making known The prices of The different commodities in The

    market, The supply and The demand. Information about The markets can be obtained inseveral different varieties and formats.

    Examples of market information questions are:

    Who are The customers?

    Where are They located and how can They be contacted?

    What quantity and quality do They want?

    When is The best time to sell?

    MARKET SEGMENTATION

    Market segmentation is The division of The market or population into subgroups with

    similar motivations. Widely used bases for segmenting include geographic differences,

    personality differences, demographic differences, use of product differences, and

    psychographic differences.

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    Market trends

    The upward or downward movements of a market, during a period of time. The market

    size is more difficult to estimate if you are starting with something completely new. In

    this case, you will have to derive The figures from The number of potential customers or

    customer segments.

    But besides information about The target market you also need information about your

    competitor, your customers, products etc. A few techniques are:

    Customer analysis Risk analysis

    Product research Choice Modeling

    Advertising research Competitor analysis

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    CHAPTER 3

    Research Methodology

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    3.1 OBJECTIVES OF THE STUDY

    1. To know the feedback of customers regarding the services which are being provided

    by the company.

    2. To understand the importance of client relationship.

    3. To understand customer satisfaction regarding the products offered by the company.

    4. To find out the problems faced by customer.

    5. To know the customer satisfaction towards the after sales service offers by Samrithi

    Hyundai.

    3.2 METHODOLOGY

    Research can be defined to be search for knowledge or any systematic investigation to

    establish facts. The primary purpose for applied research is discovering interpreting and

    The development of methods and systems for The advancement of human knowledge on

    a wide variety of scientific matters of our world and The universe.

    Research Methodology can be defined as:

    The analysis of the principles of methods, rules, and postulates employed by a discipline;

    The systematic study of methods that are, can be, or have been applied within a

    discipline or

    A particular procedure or set of procedures.

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    3.2.1 Population

    The main emphasis of the study was on the customers of Samrithi Hyundai in Ambala.

    3.2.2 Sample Design

    Marketing research can classify in one of three categories:

    Exploratory research

    Descriptive research

    Causal research

    These classifications are made according to the objective of the research. In some cases

    the research will fall into one of these categories, but in other cases different phases of

    the same research project will fall into different categories.

    Exploratory research has the goal of formulating problems more precisely, clarifying

    concepts, gathering explanations, gaining insight, eliminating impractical ideas, and

    forming hypotheses. Exploratory research can be performed using a literature search,

    surveying certain people about their experiences, focus groups, and case studies. When

    surveying people, exploratory research studies would not try to acquire a representative

    sample, but rather, seek to interview those who are knowledgeable and who might be

    able to provide insight concerning the relationship among variables. Case studies can

    include contrasting situations or benchmarking against an organization known for itsexcellence. Exploratory research may develop hypotheses, but it does not seek to test

    them. Exploratory research is characterized by its flexibility.

    Descriptive research is more rigid than exploratory research and seeks to describe

    users of a product, determine the proportion of the population that uses a product, or

    predict future demand for a product. As opposed to exploratory research, descriptive

    research should define questions, people surveyed, and the method of analysis prior to

    beginning data collection. In other words, the who,

    what, where, when, why, and how aspects of the research should be defined. Such

    preparation allows one the opportunity to make any required changes before the costly

    process of data collection has begun.

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    There are two basic types of descriptive research: longitudinal studies and cross-

    sectional studies. Longitudinal studies are time series analyses that make repeated

    measurements of the same individuals, thus allowing one to monitor behavior such as

    brand-switching. However, longitudinal studies are not necessarily representative since

    many people may refuse to participate because of the commitment required. Cross-

    sectional studies sample the population to make measurements at a specific point in time.

    A special type of cross-sectional analysis is a cohort analysis, which tracks an aggregate

    of individuals who experience the same event within the same time interval over time.

    Cohort analyses are useful for long-term forecasting of product demand.

    Causal research seeks to find cause and effect relationships between variables. It

    accomplishes this goal through laboratory and field experiments.

    The research associated to my project is EXPLORATORY RESEARCH.

    3.2.3 Sample Size

    How many people should be surveyed? Large samples give more reliable results than

    small samples. However, it is not necessary to sample the entire target population or

    even a substantial portion to achieve reliable results.

    Samples of less than 1 percent of a population can often provide good reliability given a

    credible sampling procedure.

    A customer-based survey was conducted in which 100 people were asked to fill thequestionnaire.

    3.2.4 Sources of Information

    Primary Sources

    Secondary Sources

    Primary Resources

    Primary source, (also called original source), is a term used in a number of disciplines to

    describe source material that is closest to the person, information, period, or idea being

    studied.

    Secondary Sources

    In library and information science, historiography and other areas ofscholarship, a

    secondary source is a document or recording that relates or discusses information

    http://en.wikipedia.org/wiki/Library_and_information_sciencehttp://en.wikipedia.org/wiki/Historiographyhttp://en.wikipedia.org/wiki/Scholarshiphttp://en.wikipedia.org/wiki/Scholarshiphttp://en.wikipedia.org/wiki/Scholarshiphttp://en.wikipedia.org/wiki/Documenthttp://en.wikipedia.org/wiki/Documenthttp://en.wikipedia.org/wiki/Recordinghttp://en.wikipedia.org/wiki/Recordinghttp://en.wikipedia.org/wiki/Informationhttp://en.wikipedia.org/wiki/Library_and_information_sciencehttp://en.wikipedia.org/wiki/Historiographyhttp://en.wikipedia.org/wiki/Scholarshiphttp://en.wikipedia.org/wiki/Documenthttp://en.wikipedia.org/wiki/Recordinghttp://en.wikipedia.org/wiki/Information
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    originally presented elsewhere. A secondary source contrasts with a primary source,

    which is an original source of the information being discussed. Secondary sources

    involve generalization, analysis, synthesis, interpretation, or evaluation of the original

    information.

    3.2.5 Data Collection Tool

    Primary Sources

    Questionnaire To analyze buying behavior and in order to gain an insight into the

    buyer need-satisfaction level, a questionnaire was formulated and administered among

    73 people.

    3.3 LIMITATIONS OF THE STUDY

    The sample size is limited to 100 of respondent.

    Because the information collected from the customers by meeting them at their

    working places, company service centers, the information extracted would not be

    sufficient from the respondents.

    The opinion now about Hyundai may not be the same after some days because of

    new entrants.

    The study is conducted for a period of 2 months.

    Measurement of customer satisfaction is a complex subject, which uses non-

    objectives method, which is unreliable.

    http://en.wikipedia.org/wiki/Primary_sourcehttp://en.wikipedia.org/wiki/Primary_source
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    CHAPTER 4

    Findings and Analysis

    I. ANALYSIS OF HYUNDAI CAR OWNERS AT MGF ON THE BASIS OF

    THEIR AGE GROUP.

    Age Group Respondents

    Upto 25 Years 10

    26-35 Years 25

    36-45 years 30

    46-60 20

    60 and above 15

    Total 100

    10

    25

    30

    20

    15

    0

    5

    10

    15

    20

    25

    30

    Respondents

    Upto 25 Years

    26-35 Years

    36-45 years

    46-60

    60 and above

    ANALYSIS:

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    86%

    14%

    YES

    NO

    The maximum buyers of Hyundai cars as per the survey shows that the customers from

    the age group of 25-35 and 36-45.The people from age group below 25 and above 60 are

    less buyers of the vehicle

    II HANDLING OF QUERIES AT THE TIME OF DILEVERY

    ANALYSIS:Most of the customers, about 86%, were satisfied with the handling of the queries while

    14% were dissatisfied with them.

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    87%

    13%

    YES

    NO

    III. INTERIOR OF THE CAR CLEAN AND UNDAMAGED AT TIME OF

    DELIVERY.

    ANALYSIS:

    87% of the customers found car clean and undamaged at the time of delivery while 13%

    found the car to be dirty or damaged.

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    YES

    60%

    NO

    40%

    IV. FAST , EASY AND CLEARLY EXPLAINED PAPERWORK.

    ANALYSIS:

    60% of the customers surveyed found the paperwork to be fast easy and clearly

    explained while 40% found the paperwork as delayed and difficult.

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    85

    15

    0

    20

    40

    60

    80

    100

    YES NO

    V. ON TIME CAR DELIVERY WITHALL COMMITMENTS FULFILLED,

    ANALYSIS:

    85% people received the car on time with all commitments fulfilled while 15% did not

    get the car on time.

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    AVERAGE

    25%

    ECELLENT

    15% BAD

    7%

    GOOD

    53%

    VI. KNOWLEDGE AND BEHAVIOUR OF SALES CONSULTANT

    ANALYSIS:

    While 15% customers thought that the knowledge and behavior of the sales consultant

    was excellent only 7% thought they were bad. 53% considered them good while 25%

    rated them as average.

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    8

    15

    52

    22

    0

    10

    20

    30

    40

    50

    60

    BAD AVERAGE GOOD EXCELLENT

    VII. EXPLANATION OF CAR FEATURES, WARRANTY AND SERVICE

    SCHEDULE.

    ANALYSIS:22% customers thought that the car features warranty and service schedule was

    excellently explained while 8% customers with dissatisfied. 52% considered them good

    while 15% rated them as average.

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    6%

    24%

    55%

    15%

    BAD

    AVERAGE

    GOOD

    EXCELLENT

    VIII. NEW CAR DELIVERY EXPIRIENCE.

    ANALYSIS:

    55% customers say that the car was delivered to them in time and they did not have to

    wait long. In case of some special colours, the vehicles get delayed sometimes otherwise

    the delivery period is fine with the customers.

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    BAD

    4%EXCELLENT

    10%

    GOOD

    66%

    AVERAGE

    IX. POST SALES FOLLOW UP DONE REGULARLY.

    ANALYSIS:

    The process of giving good service doesnot end after the customer leaves the showroom.

    There was regular after sales follow up in case of most of the customers.

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    5

    13

    65

    17

    0

    10

    20

    30

    40

    50

    60

    70

    BAD AVERAGE GOOD EXCELLENT

    X. RESPONSE TO COMPLAINTS QUICKLY.

    ANALYSIS:

    The response to complaints of the customers is good. 65% customers say that the thought

    that the car features warranty and service schedule was excellently explained while 8%

    customers with dissatisfied. 52% considered them good while 15% rated them as

    average.

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    AVERAGE

    8%

    EXCELLENT

    32%

    BAD

    5%

    GOOD

    55%

    XI. OVERALL EXPIRIENCE AT SAMRITHI HYUNDAI

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    SWOT ANALYSIS

    Strengths:

    Convenient place.

    Change of genuine spare parts.

    Large space

    Quality service.

    Better after sales service.

    Attending complaints promptly.

    Maintaining customer relationship.

    More sales promotional activities.

    Weaknesses:

    Thin mechanic force

    Weak competitive strategies.

    Lack of latest technology

    High maintenance cost.

    Delay in service

    Opportunities:

    Established brand name.

    Increased purchasing power of Indian Consumer.

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    Growing demand

    Launch of new products like i-30 in the pipeline.

    Threats:

    Increased competition.

    Loss in market share.

    Lack of latest market information.

    CHAPTER 5

    Findings, Suggestions, Conclusion

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    FINDINGS

    The car performs better than its competitors, the company knows India, Indian people

    and roads better than their counterparts. Its long presence in the country has helped it to

    improve its models, efficiency, performance.

    After sales service of the car is satisfactory, the spare parts are cheap. Hyundai has a

    large network of service points in India and is way ahead of its competitors. People find

    that the price of car is reasonably priced. The communication process of the company is

    very effective and is highly appreciated among the customers. The sales staff at Samrithi

    Hyundai is helpful, they are competitive and know the technical features of the car and

    are able to satisfy the customer queries.

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    SUGGESTIONS

    Samrithi Hyundai should adopt defensive marketing strategy because as being one of the

    largest car dealer in Ambala market.

    Hyundai must adapt new technology and train their employees.

    Hyundai should adopt an offensive marketing strategy for attracting customers.

    Better relationship with customers

    India is 11th largest passenger car market in the world. India is the second-biggest

    market for small cars after Japan. It accounts for 60 percent of the domestic market.

    Samrithi hyundai must bank upon this aspect.

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    CONCLUSION

    From the findings and analysis it is clear that Hyundai Car is highly preferred when

    compared to the other brands of car in the same segment.

    With the analysis through the survey conducted for a period of 2 months in Ambala on

    the consumer satisfaction of Samrithi Hyundai Car Dealer, the findings and analysis

    shows that 80% of the consumers are happy with the dealer and also sales service and

    rest 20% of them says that they are dissatisfied.

    Since each customer is like an asset for an organization the company should try to

    improve in the area of dissatisfaction.

    We know that getting new customer is double the cost of retaining the old customer so

    the company should focus on retaining the old customers whom a in the future purchase

    the product or recommend others to purchase the product. Thus they help directly or

    indirectly for the product sale.

    Change is the only think to retain and attract the customers so the company should

    identify the needs and dry to fulfill them.

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    CHAPTER 6

    Recommendations

    ANNEXURES

    Annexure I Questionnaire

    Annexure II Product Mix of Hyundai

    Annexure IQuestionnaire

    Name:

    Address: ...........................

    ......................................................................................................

    Contact Number: .......

    Age:

    (Questionnaire will be used for academically only.)

    QUESTIONS YES NO

    1. Were all your queries handled during the delivery?

    2. Were the interiors of the car clean and undamaged at the time of

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    delivery?

    3. Was the paper work fast easy and clearly explained?

    4. Was the car delivered on time with all the commitments fulfilled?

    QUESTIONS BAD AVERAGE GOOD EXCELLENT

    5. How was the knowledge and

    behavior of sales consultant?

    6. Were the car features, warranty

    and service schedule properly

    explained to you?

    7. How was the new car delivery

    ceremony experience?

    8. Were the post sales follow up done

    regularly?

    9. Was the response to your

    complaints quick, if any??

    Thank you so much for your time and support.

    Annexure II

    Product Mix of Hyundai

    Hyundai Car Models

    SANTRO

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    Ex-Showroom Prices for AMBALA

    Model Ex-Showroom Prices (Rs.)

    Santro NonA/C (Solid) 274,186

    Santro NonA/C (Metallic) 277,688

    Santro GL (Solid) 340,871

    Santro GL (Metallic) 344,365

    Santro GLS (Solid) 361,449

    Santro GLS (Metallic) 364,945

    Santro GLS Audio (Solid) 369,229

    Santro GLS Audio (Metallic) 372,726

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    I 10

    Ex-Showroom Prices for AMBALA Model Ex showroom prices (Rs)

    i10 1.1 IRDE

    D-Lite (Solid) 347,645

    Era (Metallic) 387,205

    Magna (Solid) 398,085

    i10 1.2L KappaMagna (Solid) 411,914

    Sportz GLS(Metallic) 443,240

    Magna AT(Solid) 458,217

    Asta AT WS GLS(Metallic) 561,581

    I 20

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    Ex-Showroom Price for AMBALA

    Model (Petrol) Ex showroom price (Rs)

    i20 Era (BS IV) 453,934

    i20 Magna (BS IV) 493,935

    i20 Sportz Option (BS IV) 518,904

    i20 Sportz (BS IV) 533,934

    i20 Asta (BS IV) 575,439

    i20 1.2L Asta (O) w/ Sunroof (BS IV) 620,394

    i20 1.4L Asta AT (BS IV) 750,409

    i20 1.4L Era (BS IV) 575,100

    i20 1.4L Magna (BS IV) 615,099

    i20 1.4L Sportz Option (BS IV) 640,102

    i20 1.4L Sportz (BS IV) 655,100

    i20 1.4 Asta (BS IV) 697,103

    ACCENT

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    Ex-Showroom Prices for AMBALA

    Model Ex-Showroom Prices (Rs.)

    Accent EXECUTIVE 499,900

    Accent EXECUTIVE - LPG 536,699

    VERNA

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    Ex-Showroom Price for AMBALA

    Model Ex-Showroom Price (Rs.)

    Verna 1.6 VTVT (BS IV) 657,364

    Verna 1.6 VTVT WITH AUDIO (BS IV) 675,804

    Verna 1.6 SX VTVT (BS IV) 751,869

    Verna 1.5 CRDi VGT (BS IV) 789,350

    Verna 1.5 CRDi VGT WITH AUDIO (BS IV) 807,891

    Verna 1.5 SX CRDi VGT (BS IV) 858,627

    Verna 1.5 SX CRDi VGT AT (BS IV) 923,013

    SONATA

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    Ex-Showroom Prices for AMBALA

    ModelEx-Showroom Prices (Rs.)

    Sonata 2.4 MT FL with 6 Air Bag 1,463,478

    Sonata CRDi (MT) With 6 Air Bag 1,612,300

    Sonata CRDi (AT) With 6 Air Bag 1,713,994

    BIBLIOGRAPHY

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    Bibliography

    1) Books

    Kothari, C.R. Research Methodology, 3rd edition, 1997, Vikas Publishing House Pvt.

    Ltd., Ambala.

    Kotler, Philip Marketing Management, 13th edition, 2009, Dorling Kindersley (India)

    Pvt.

    Ltd., South Asia.

    Varshney & Gupta; Marketing Management, Sultan Chand & Sons, 2005.

    Gupta, S.L., Marketing Research, Excel Books, 2004.

    Kotler & Armstrong; Principles of Marketing Management, Prentice hall India, 2003.

    Aaker; Marketing Research, John Willey & Sons, 2001.

    3) Websites

    http://www.nytimes.com/2004/08/04/business/global-growth-gives-Hyundai-29-rise-in-

    profit.html

    http://money.cnn.com/magazines/fortune/fortune_archive/2007/03/19/8402324/index.htm

    http://www.automobile.com/industry-report-Hyundai-plans-for-hybrid-alternative-in-

    100-percent-of-models-in-future.html

    http://www.nytimes.com/2004/08/04/business/global-growth-gives-toyota-29-rise-in-profit.htmlhttp://www.nytimes.com/2004/08/04/business/global-growth-gives-toyota-29-rise-in-profit.htmlhttp://money.cnn.com/magazines/fortune/fortune_archive/2007/03/19/8402324/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2007/03/19/8402324/index.htmhttp://www.automobile.com/industry-report-toyota-plans-for-hybrid-alternative-in-100-percent-of-models-in-future.htmlhttp://www.automobile.com/industry-report-toyota-plans-for-hybrid-alternative-in-100-percent-of-models-in-future.htmlhttp://www.nytimes.com/2004/08/04/business/global-growth-gives-toyota-29-rise-in-profit.htmlhttp://www.nytimes.com/2004/08/04/business/global-growth-gives-toyota-29-rise-in-profit.htmlhttp://money.cnn.com/magazines/fortune/fortune_archive/2007/03/19/8402324/index.htmhttp://money.cnn.com/magazines/fortune/fortune_archive/2007/03/19/8402324/index.htmhttp://www.automobile.com/industry-report-toyota-plans-for-hybrid-alternative-in-100-percent-of-models-in-future.htmlhttp://www.automobile.com/industry-report-toyota-plans-for-hybrid-alternative-in-100-percent-of-models-in-future.html