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    A STUDY ON CONSUMER SATISFACTION IN

    FORD MOTORS

    PROJECT REPORT

    Submitted by

    SWARAN SING M B

    Register No: 098001655053

    in partial fulfillment for the award of the degree

    of

    MASTER OF BUSINESS ADMINISTRATION

    in

    HUMAN RESOURCES MANAGEMENT&

    MARKETING MANAGEMENT

    GNANAMANI INSTITUTE OF MANAGEMENT STUDIES

    PACHAL-637 018

    JUNE-2011

    GNANAMANI INSTITUTE OF MANAGEMENT

    STUDIES

    PACHAL-637 018

    Department of Management Studies

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    PROJECT WORK

    JUNE 2011

    This is to certify that the project entitled

    A STUDY ON CONSUMER SATISFACTION IN

    FORD MOTORS

    is the bonafide record of project work done by

    SWARAN SING M B

    Register No: 098001655053

    of MBA (Human Resources Management& Marketing Management) during the

    year 2009-2011

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

    Project Guide Head of the Department

    Submitted for the Project-Viva Voice examination held on.

    ....

    Internal Examiner External Examiner

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    DECLARATION

    I affirm that the project work titled A STUDY ON CONSUMERSATISFACTION IN FORD MOTORS being submitted in partial fulfillment for

    the award of MBA is the original work carried out by me. It has not formed

    the part of any other project work submitted for award of any degree or

    diploma, either in this or any other university.

    (Signature of the Candidate)

    SWARAN SING M B

    Register Number: 098001655053

    I certify that the declaration made above by the candidate is true

    (Signature of the Guide)

    (Mr.V PAUL SUDAHAR)

    Lecturer .Dept. of Management Studies

    Gnanamani Institute of Management Studies

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    ACKNOWLEDGEMENT

    Any work would be incomplete without the extension of gratitude to all thoseassociated directly or indirectly with this work.

    My deep sense of gratitude and sincere thanks to our Chairman Dr. T.

    ARANGANNAL and Chairperson Smt. P. MALALEENA (Gnanamani Group of

    institutions, Namakkal) for providing us a chance to undergo the course Master of Business

    Administration in their college.

    I extended my sincere thanks to our Principal Dr. V. BASKER (Gnanamani College

    of Technology, Namakkal) for providing great opportunity to undergo the project work.

    I would like to thank our Head of the Department Mr. S. Suresh Kumar (Gnanamani

    College of Technology, Namakkal).

    I extended my sincere thanks to my internal guide Mr. V Paul Sudahar (Lecturer.

    Dept .of management studies, Gnanamani Institute of management Studies, Namakkal), for

    being a constant source of encouragement, inspiration and support to me during my project

    work.

    I would like to thank to all consumers for giving me the opportunity to collect the

    data and the dealers of FORD MOTORS, Thrissur.

    I am also thankful to all staff members of MBA department who gave me necessary

    details and extended all facilities to complete the PROJECT REPORT.

    I would like to thank all friends and well wishers whose ideas critical insights and

    suggestions have been valuable in the preparation of the PROJECT REPORT.

    Place: (Mr. SWARAN SING M B)

    Date:

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    TABLE OF CONTENTS

    CHAPTER PARTICULAR PAGE NO:

    ABSTRACT vi

    LIST OF TABLES

    vii

    LIST OF FIGURES

    viii

    1 INTRODUCTION

    1.1 Introduction about the study

    1.2 Need for study

    1.3 Objectives of the study

    1.4 Scope of the study

    1.5 Limitations

    1.6 Research Methodology

    1.7Review of Literature

    1

    1

    2

    2

    2

    2

    3

    5

    2 INDUSTRY PROFILE AND COMPANY PROFILE

    2.1 Introduction about the industry

    2.2 Company Profile

    14

    21

    3 DATA ANALYSIS AND INTERPRETATION 28

    4 FINDINGS AND SUGGESTIONS

    4.1 Findings

    4.2 Suggestions

    48

    49

    5 CONCLUSION 50

    APPENDIX 51

    BIBLIOGRAPHY 59

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    ABSTRACT

    Customer satisfaction is a concept that more and more companies are putting at theheart of their strategy, but for this to be successful, theyre needs to be clarity about what

    customer satisfaction means and what needs to happen to drive improvement.

    Market survey is the process of collecting and analyzing information about the

    customers we want to reach, called target market. This information provides us with the

    business intelligence we need to make informed decisions. Market research can help us create

    a business plan, launch a new product or service, fine tune our existing products and services,

    expand into new markets, develop an advertising campaign, set prices, and/or select a

    business location.

    A market survey is an important requirement for initiating any successful business.

    The objective of a market survey is to collect information on various aspects of the business.

    Market research can help us to identify:

    Growth trends in business sector

    Size of target market

    Best location for business

    How business stacks up against the competition

    Factors that influence buying decisions

    Degree of demand for a product or service

    The types of features or special services they want

    What they like and dislike about a product or service

    How they use your product or service

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    This study is aiming the total market of consumer durable goods and the position of

    Ford Motors in the specific market. The study helps the company to judge the quality and

    developments needed by customers.

    LIST OF TABLES

    TABLE

    NO:

    PARTICULARS

    PAGE

    NO:

    1.7.1 Service Profit Chain

    8

    2.1.1 Automobile Export Numbers 20

    3.1 Age group 28

    3.2 Occupation 29

    3.3 Major brands of Ford bought by consumers 30

    3.4 Most important features of Ford cars 31

    3.5 Consumers perception about driving 32

    3.6 Consumers perception about vehicles mileage 33

    3.7 Number of people who recommend Ford cars 35

    3.8 About Fords customer service 36

    3.9 Number of response of customers towards the products 37

    3.10 Number of customers who receive the product on delivery time38

    3.11 The number of customers who satisfy/not satisfied with the after sales

    service

    40

    3.12 Consumers experience at show room41

    3.13 Test drive offered43

    3.14 Satisfaction of usage of ford cars 44

    3.15 Repeat purchase of ford cars

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    45

    LIST OF FIGURES

    CHARTNO: PARTICULARS PAGENO:

    3.1 Age group 28

    3.2 Occupation 29

    3.3 Major brands of Ford bought by consumers 30

    3.4 Most important features of Ford cars 31

    3.5 Consumers perception about driving 32

    3.6 Consumers perception about vehicles mileage 34

    3.7 Number of people who recommend Ford cars 35

    3.8 About Fords customer service 37

    3.9 Number of response of customers towards the products 38

    3.10 Number of customers who receive the product on delivery time39

    3.11 The number of customers who satisfy/not satisfied with the after sales

    service

    40

    3.12 Consumers experience at show room42

    3.13 Test drive offered43

    3.14 Satisfaction of usage of ford cars44

    3.15 Repeat purchase of ford cars46

    CHAPTER-I

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    INTRODUCTION

    1.1 INTRODUCTION ABOUT THE STUDY

    A market survey is a research technique used to gather consumer preferences and

    purchase intent of a company's products and services within a geographical area. Market

    surveys are extremely important because companies learn what their customers like and

    dislike about their products and services. Primary research involves collecting original data

    about the preferences, buying habits, opinions, and attitudes of current or prospective

    customers. This data can be gathered in focus groups, surveys, and field tests. Secondary

    research is based on existing data from reference books, magazines and newspapers, industry

    publications, chambers of commerce, government agencies, or trade associations. It yields

    information about industry sales trends and growth rates, demographic profiles, and regional

    business statistics.

    Customer satisfaction is a concept that more and more companies are putting at the

    heart of their strategy, but for this to be successful, theyre needs to be clarity about what

    customer satisfaction means and what needs to happen to drive improvement.

    1.2 NEED FOR STUDY

    Increasing competition, ever growing market, easy availability of the finances and

    increasing population of young executives, with huge disposable incomes, over the past few

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    years has substantially increased the sales in the automobile industry. Also, the competition

    among the dealers of the products has increased with each trying to maximize their customer

    base. This makes it imperative for the dealers to provide the best of the services and exceed

    the customer expectations to achieve customer delight and loyalty.

    The study tries to understand the key service parameters and reflect upon the

    dysfunctional areas, thus providing the dealer with an insight into the level of customer

    satisfaction and changing trends of the customer expectations.

    1.3 OBJECTIVE OF THE STUDY

    To study and understand the key service parameters using Customer Satisfaction and

    reflect upon the low performing areas:

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    To study about the customer satisfaction on the services provided by the dealers.

    To study the opinion of the owners of cars regarding its features like mileage, price

    etc.

    To study the effect of advertisement on the customers to promote the product.

    To study the customer satisfaction with usage of their cars.

    To study the information resources that the customer using before purchasing the car.

    1.4SCOPE OF THE STUDY

    The research measures the experiences of customers.

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    Defines and analyses the experiences based on key deliverables.

    Gains insights into Customer expectations.

    1.5 LIMITATIONS

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    The study is restricted in scope of owing to the following limitations:

    Due to constraint of time only city of Thrissur is selected and so it cannot claim to be

    a comprehensive study of the population.

    The sample size is restricted to 100 respondents.

    1.6RESEARCH METHODOLOGY

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    Preliminary stage of study- a pilot survey, personal interview of sales consultants,

    potential customers and existing customer numbering 20 was conducted to arrive at key

    deliverables which would ensure customer satisfaction. The research tool (questionnaire) was

    designed by inducing the various queries, based on the key deliverables, which would reflect

    the customer satisfaction.

    The research was based on a study of a sample, sized 100, using simple random

    sample selected from the existing database of Ford. The research included collection of data

    from the primary sources using the research tool (questionnaire). Final stage was to analyze,

    interpret and draw conclusions from the data collected .

    Date Sources:

    Primary Data:

    The data is collected directly from each and every customer.

    Pilot Survey

    A pilot survey was conducted to understand the factors, which would positively

    influence the customer. Personal Interviews totaling 20 were conducted for the sales team,

    potential customers and the existing customers of Ford. The factors scoring high in the

    interviews were considered to be the key deliverables.

    Survey Research:

    The research was done to learn about peoples preferences and satisfaction of the Ford

    customer.

    Research Tool:

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    Questionnaire (primary tool- attachment 1)

    Interview through questionnaire method was employed for the research

    purpose. The questionnaires were individually administered to each customer to ensure

    minimum scope for faulty data entry and error of understanding. This method also gave theinterviewer the scope of entering into a dialogue and understanding the customers perception

    better.

    The questionnaire tried to capture the responses of the customers mainly on the

    key deliverables, derived from the pilot survey conducted, and a few questions have been

    included to gauge the level of satisfaction and to gain insight into customer expectations.

    Unstructured interview

    The interview complemented the primary research tool and helped delver into

    details of responses provided by the customers. This not only validated the responses of the

    customers but also helped the interviewer understand the expectations of the customers.

    Sampling Unit: In this study the sampling unit used is the existing customer base of

    Ford. Selection is made from the list of Customers during the last one year.

    Sampling Size: Sample size was chosen to be 100.

    Sampling Procedure: Simple Random Sampling.

    In simple random sampling, each member of the target population has the same

    chance of being selected for participation in the study. For a sample to truly be a simple

    random sample we need to develop a list or sampling frame that includes almost all of the

    population, then from this we randomly pull names from the sampling frame using some kind

    of random method such as a random number table or a random number generator. Finally,

    numbers are assigned to all members of the population and pull the names of those members

    whose numbers are pulled from the table or generator.

    The biggest advantage to a simple random sample is that we get a pretty good

    unbiased sample fairly easily. The biggest downside is that we may not get all elements of the

    population that are of interest.

    1.7 REVIEW OF LITERATURE

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    Concept Identification-

    As organizations become increasingly customer focused and driven by demand, the

    need to gain customer loyalty and retain their loyalty is critical. Customer satisfaction is the

    most effective way to achieve customer loyalty. Customer satisfaction and customer loyaltyshare many similar traits. Customer value is the customers perception of the ratio of benefits

    to what he or she gives to obtain those benefits. The customer Value Triad is a framework

    used to understand what it is that customers want. The framework consists of three parts: (1)

    perceived product quality, (2) value-based pricing, and (3) perceived service quality.

    Customers are satisfied, when value meets or exceeds expectations. If their

    expectations of value are not met, there is no chance of satisfying them. Figuring out what the

    customers want, however, is a difficult and complex process. To be able to create and deliver

    customer value is important to understand its components. On the most basic level, value

    from a customers perspective is the ratio of benefits to the risks being taken while buying the

    product.

    CUSTOMER SATISFACTION

    AN INSIGHT

    According to Harold E Edmondson Customer Satisfaction seems to appear in

    print more frequently than any other catch phrase used to describe a new found magic for

    industrial success. Before we proceed in to the study of the dynamics of Customer

    Satisfaction it is important to know about, who a customer is and what satisfaction really

    means.

    Who really is a Customer?

    The question of defining who your customers are seems fairly easy particularly if

    you have segmented your market properly and understand who you are trying to

    satisfy. However subtlety that frequently goes undetected by many firms is that is that

    customer set can be divided into two parts, the apparent customer and the user. The apparent

    customer is the person or group of people who decide what product to buy and basically have

    control over the purse strings. The user is a person or group who physically uses the product

    or is the direct recipient of a service.

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    What does satisfaction really mean?

    As in defining customer above, defining satisfaction also appears

    simple. However as with customer there is a subtlety that needs addressing. Satisfaction by

    most definitions simply means meeting the customers requirement.

    Customer satisfaction is a concept that more and more companies are putting at

    the heart of their strategy, but for this to be successful theyre needs to be clarity about, what

    customer satisfaction means and what needs to happen to drive improvement. Without this,

    there is a risk that customer satisfaction becomes little more than a good intention, with

    confused objectives failing to address the real issues for customers, one helpful way to look at

    the problem is to rephrase the objectives: set the sights on helping the customers meet their

    goals.

    Customer satisfaction can be defined in many different ways. Finding the right

    way for a company depends on understanding your customer and on having a clear vision of

    the role that customer satisfaction is to play in the strategy. For example, a focus on customer

    satisfaction can work alongside existing segmentations to support revenue generation from

    high value customers or it can be a company-wide objective rooted in the brand values. For

    the former, it may be sufficient to focus on improving customer service, but for the latter a

    broader definition of customer satisfaction is necessary, closer akin to corporate reputation.

    Whatever the strategy for customer satisfaction, it must at least include

    getting the basics right. Failing to achieve this can destroy the reputation as well as losing

    valuable customers. Every customer, regardless of their economic worth to the business, has

    the power to influence positively or negatively a companys reputation. Once the

    objectives for the customer satisfaction strategy are defined there are a number of steps we

    can take to make sure the focus on customer satisfaction is effective.

    Building a company around Customer Satisfaction -

    With the increase in customers demands and competition it has become a

    lot more important to base the entire company on customer service. When doing this one

    must first realize that every member of an organization plays an active role in customer

    service. This includes both external customers and internal customers within a company.

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    Customer focused organizations focus both on customer satisfaction and

    profit. Achieving customer satisfaction generates the profit. In these organizations top

    management has frequent contacts with external customers. The top management uses

    consultative, participative, and supportive management styles to get through to the

    customer. The staff focuses all of its attention on satisfying the customers needs. However,

    the managements job is to provide the staff with support necessary to achieve these

    goals. The other department and staff in the organization that do not have direct contact with

    the external customers deal exclusively with internal customer satisfaction.

    The Influence of the salesperson in Customer Satisfaction-

    In an article titled, The influence of salesperson selling behavior on

    customer satisfaction with products, Brent G.Goff and James S. Boles examine the effects of

    non-product related construct on customer satisfaction with major retail purchases such as

    automobiles. The article states that salespersons selling orientation- customer orientation

    (SOCO) will affect not only consumer satisfaction with the salesperson and dealer, but also

    indirectly, satisfaction with the product or manufacturer.

    In the perspectives of both the retailer and the manufacturer, customer

    satisfaction represents an important issue because it relates to several desirable

    outcomes. Customer satisfaction leads to future purchases, and repeated purchases of the

    same product from the same source. In other words, it helps a firm retain its present

    customers and build loyalty. By helping a buyer obtain product information and providing

    guidelines about what should be expected during the buying process and use of a product, a

    salesperson may influence customer expectations concerning the product. Thereby this may

    reduce the likelihood of dissatisfaction (Grewal and Sharma, 1991). A successful salesperson

    tailors to the needs of each individual customer. By being customer-oriented, a salesperson is

    likely to identify with needs of the customer, enabling the salesperson to match his or her

    presentation to those requirements of the customer.

    Internal marketing how it affects Customer Satisfaction

    Successful companies make every effort to ensure satisfaction to their

    customer by focusing all organizational efforts of the company on providing superior

    customer service. By doing this these companies hope to retain their existing customers and

    attract new ones. Only angle of customer satisfaction commonly overlooked is the internal

    aspect.

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    The internal customer or employee plays a vital role in achieving

    customer satisfaction and loyalty. Some firms do not understand that the treatment of

    internal customers becomes the external customers perception of the company. A firms

    employees or other departments within the organization make up its internal customers. Their

    job performance affects the firms ability to deliver superior product and customer service

    (Boone and Kurtz, 1999). When a firms employees are happy at work, their overall attitude

    and performance towards the customer enhances tremendously. Internal marketing helps

    members or employees of an organization understand and fulfill their roles in implementing

    its marketing strategy. Internal marketing not only keeps employees happy, it also shows

    them how their actions affect the firms ability to achieve customer satisfaction.

    Customer Satisfaction as part of Service Profit Chain:

    A Harvard Business Review article outlines the internal process required to drive

    growth and increase profitability. The article describes the ways in which service quality

    contributes to success, outlining the steps in the Service-profit chain:

    Table 1.7.1

    Profitability / Growth

    Customer Loyalty

    Customer Satisfaction

    Value

    Employee Productivity

    Employee Loyalty

    Internal Quality

    Leadership

    UNDERTAKING THE KEY FACTORS

    Human interaction

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    Customer service is a task, other than proactive selling, that involves interactions

    with customers in person, by telecommunications, or by mails. It is designed, programmed

    and communicated with two goals in mind: operational efficiency and customer satisfaction.

    A typical categorization of the services based on who performs the action withinthe services cape can be

    1. Self-service (customer only)- ATM, Movie Theater

    2. Interpersonal services-banks, restaurants

    3. Remote services (employee only) telephone mail order desk.

    The superiority of the product has to be complemented with a high quality of services,

    which gives a competitive edge to the organization. A high standard of service is what sets

    apart one organization from another, and ultimately attracts the customer to the doorsteps.

    Services at the showroom fall in the second category where there is a high

    complexity of interaction and hence it becomes necessary for the personnel to be adept in

    responding to the customer cognitively, emotionally and psychologically.

    The various aspects and characteristics of service provision, which have been taken

    into consideration of a customer care team/ sales consultant are

    1. Politeness

    2. Courteousness

    3. Product knowledge

    4. Process knowledge

    5. Communication skills

    6. Responsiveness and supportiveness.

    Product information

    Consumers obtain information about products and services from personal sources

    (friends and experts) and from the non-personal sources (mass and selective media).

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    When purchasing goods, consumers employ both personal and non-personal sources

    since both effectively convey information about search qualities.

    This is especially true for high involvement products such as cars, two-wheelers,

    durables etc.

    Mass media can convey information about search qualities but can convey a little

    about experience qualities. Also, mass media cannot elaborate on the finer aspects and hence

    it becomes imperative for a showroom to provide the complete information about the product,

    pricing and the offers.

    The showroom can provide information by adopting the below mentioned list

    1. Broachers, leaflets and pricelists easy reference and handy.

    2. Sales consultant

    3. Test drive hands-on experience.

    Broachers, leaflets and pricelist are the basic sales tools, which elaborately give the

    product specifications, promotional offers and schemes at hand and the pricing of various

    models at display.

    Sales consultant has to be knowledgeable to understand the nuances of the

    specification and should be able to convey the same to the prospective customers. The sales

    consultant handles the various queries (technical and commercial) and clears the impending

    doubts of the inquisitive customer.

    Test drive the last part in providing information to the customer and gives the

    customer a hands on experience of the product performance

    Time and Promptness.

    One of the factors, which has to match the eagerness and the enthusiasm of the

    customer is quick and prompt delivery of the service.

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    After the customer has made a decision to go ahead with the purchase the next logical

    sequence of steps would be a process the required documents, book the order, confirm the

    order, inform the customer about the date of delivery and prepare the required documents for

    the delivery of the vehicle.

    Order booking-This is the process where the onus lies completely on the personnel

    dealing with the customer. The customer has to be given the right information regarding the

    documents, time taken to process the documents and close the deal.

    It is also the responsibility of the various departments involved to provide a quick

    service to ensure that the customer has a good and satisfying experience.

    Delivery on date and time- once the product is delivered it can be assumed that a

    sale has been done. The paper work to be carried out has to be done at a quick pace. This can

    be observed in the responses of those 25% of customers who reported a slack in the delivery

    process. Deviation from promised date and time can lead to a lot of inconvenience to the

    customers, thereby leading to a bad experience.

    Consistency

    Nothing is consistent by change.

    Consistency is a matter of experience. The expectation of service grows from every

    experience the customer has during the sales process. For eg., the customer would expect the

    same responsiveness from the sales person during the order processing as it was during the

    pre-sales, any aberration would create a sense of insecurity and would thereby breach the

    bond of trust established between them.

    Inconsistency in service is caused by ever changing expectations of the

    customer. This poses a challenge of maintaining the quality of service in every

    encounter. The expectations are not just related to the profile of the customer but also to the

    occasion and moods, service firms find it difficult to meet the expectations of the customers

    all the time without affecting the quality of service.

    Furthermore, the characteristic of perish ability makes the service non-

    storable. They exist while they are being delivered / consumed. This poses the management,

    problem of managing the match and capacity planning.

    In the analysis we have chosen to analyze the consistency maintained in offering

    services relating to the human interaction as well as the processing of the documents. This

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    becomes important in the light of these services being offered in pre-sales and post sales

    scenario, and gauging the consistency levels at these two stages gives a fair idea of the

    consistency maintained in the services offered.

    Consistency in human interaction is observed in the pre-sales, order processing andpost sale stages.

    Convenience

    The objective of the customer care personnel is to provide convenient and

    comfortable service and not to push the customer to make the purchase. While basic facilities

    are made available, the customer care personnel have to make sure that customer doesnt feel

    any inconvenience while the sales process is on.

    Convenience does not only refer to the physical comforts such as seating,

    availability of rest rooms etc. but also to mental convenience a in helping out the customer to

    reach a decision, providing relevant information to the customer for evaluating the various

    options, making sure that it is one-stop shop (additional accessories being made available like

    stereo systems, reverse gear buzzers etc.) explain the basic functionally of the product etc.

    It is helpful to offer customers information in printed form; good signing is very

    important at service delivery points and on self-service equipment. The customer care

    personnel have to make the first move and approach the visitors instead of making the

    visitors ask for some guidance. The visitors have to be communicated how to use and how

    not to use the facilities at offer.

    The concentration has been focused on checking the convenience of the customers on

    aspects such as

    1. Timings

    2. Test drive

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    3. Availability of accessories

    4. Sufficient fuel to reach the nearest petrol station

    5. Wide range of finance options made available at the showroom

    6. Imparting the basic mechanical functionalities of the car.

    CHAPTER-II

    INDUSTRY PROFILE AND COMPANY PROFILE

    2.1 INTRODUCTION ABOUT THE INDUSTRY

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    Automobile Industry History

    In the year 1769, a French engineer by the name of Nicolas J. Cugnot invented the

    first automobile to run on roads. This automobile, in fact, was a self-powered, three-wheeled,military tractor that made the use of a steam engine. The range of the automobile, however,

    was very brief and at the most, it could only run at a stretch for fifteen minutes. In addition,

    these automobiles were not fit for the roads as the steam engines made them very heavy and

    large, and required ample starting time. Oliver Evans was the first to design a steam engine

    driven automobile in U.S.

    A Scotsman, Robert Anderson, was the first to invent an electric carriage between

    1832 and 1839. However, Thomas Davenport of the U.S.A. and Scotsman Robert Davidson

    were amongst the first to invent more applicable automobiles, making use of non-

    rechargeable electric batteries in 1842. Development of roads made travelling comfortable

    and as a result, the short ranged, electric battery driven automobiles were no more the best

    option for travelling over longer distances.

    The Automobile Industry finally came of age with Henry Ford in 1914 for the bulk

    production of cars. This lead to the development of the industry and it first begun in the

    assembly lines of his car factory. The several methods adopted by Ford, made the new

    invention (that is, the car) popular amongst the rich as well as the masses.

    According the History of Automobile Industry US, dominated the automobile markets

    around the globe with no notable competitors. However, after the end of the Second World

    War in 1945, the Automobile Industry of other technologically advanced nations such as

    Japan and certain European nations gained momentum and within a very short period,

    beginning in the early 1980s, the U.S Automobile Industry was flooded with foreign

    automobile companies, especially those of Japan and Germany.

    The current trends of the Global Automobile Industry reveal that in the developed

    countries the Automobile Industries are stagnating as a result of the drooping car markets,

    whereas the Automobile Industry in the developing nations, such as, India and Brazil, have

    been consistently registering higher growth rates every passing year for their flourishing

    domestic automobile markets.

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    The World Automobile Industry is turned to the developing markets.

    With the developed markets almost saturated, the World Automobile Industry is now

    focused on the developing markets of South America and Asia, and Eastern Europe with

    special emphasis on BRIC (Brazil, Russia, India, and China).As per the reports of the International Organization of Motor Vehicle Manufacturers or

    OICA(the association of the companies involved in World Automobile Industry), for the

    fiscal end in 2010, the automobile manufacturers in the U.S. have been overtaken by those in

    Japan, in terms of the total volume of automobile units manufactured worldwide.

    However, the struggling General Motors of the U.S. still remain the worldwide

    leaders of the World Automobile Industry, ahead of the rapidly growing Toyota Motor

    Corporation of Japan, by a substantial margin.

    Measures to be adopted by global leaders of the World Automobile Industry.

    Several significant economic measures are being considered by the major players of

    the World Automobile Industry in order to make a smooth entry into the markets of the

    developing countries, and to make a name for themselves. The effective measures include:

    Reducing the selling prices of the automobiles manufactured in their factories

    Improving the levels of after-sales services to keep customers satisfied

    Opening manufacturing factories in the developing nations, to reduce effective costs

    of production as well as saving shipping charges, and enhancing prompt delivery of

    automobile units.

    Automobile Industry Trends

    In keeping with the Automobile Industry Trends, the leading automobile

    manufacturers are turning to the Asian markets that appear set to grow immensely over the

    next decade. The automobile markets in the U.S., Europe and the Japan have almost matured

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    as a result of saturation and appear set to decline through the next decade. In contrast, the

    automobile markets spread over the entire Asian continent (with the exception of Japan), are

    constantly increasing in size and will be the destination for most of the globally leading

    automobile manufacturers.

    The Automobile Industry Trends reveal that the emerging markets of the

    developing nations of Asia especially China, and India are backed by their huge population

    growth rate, to add to the growing national economy of these two nations.

    The rapid growth of the national economy of the BRIC countries (including Brazil,

    Russia, India, and China) has enabled a growing section of the population of these countries

    to purchase automobiles. Global surveys conducted recently reveal that within the next ten

    years, these emerging automobile markets will account for nearly a whooping 90 percent of

    the global automobile sales growth. As a result of this, leading Automobile manufacturers of

    the world are setting up factories in the emerging markets, in order to serve the potential

    consumers better as well as reduce manufacturing and shipping costs. In addition, these

    arrangements are enabling the leading global automobile manufacturers to compete with the

    local automobile manufacturers, which were flourishing in the absence of quality

    competition.

    The prosperity of the national economy is reflected in the rising per capita income of

    the developing nations. Therefore, increasing Gross Domestic Product and per capita income

    have raised the purchasing ability of the population that constitutes these emerging markets.

    As a growing percentage of the population in the developed nations age rapidly, in

    comparison to the rest of the world, these aging numbers necessitate automobiles to fit the

    physiological change of the world population.

    The Emerging India Automobile Market.

    The India Automobile Market is a promising industrial sector that is growing

    immensely every passing year. The passenger cars are referred to, through the use of the

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    word "automobile." The whooping growth experienced by the Indian Automobile Market in

    the last financial year itself that is the financial year end in February, 2011 was very close to

    a 38 percent over the previous fiscal. This statistical fact is a glittering example of the

    potential of the growing Automobile Industry in India.

    As per the survey conducted by the Society of Indian Automobile Manufacturers, the

    total number of automobiles manufactured by the Automobile Industry in India, throughout

    the financial year 2010-11, was very close to the 35.5 lakh (3.5 million) margin. The huge

    of number of automobiles manufactured by the Automobile Industry in India was an

    enormous growth upon the number of automobiles manufactured during the previous fiscal

    that ended in 2010.

    The total number of cars that were exported from India was very close to the 5.0 lakh

    (5.0 hundred thousand) margin, an encouraging sign for the Automobile Industry in India.

    The export of cars manufactured in India comprised nearly 33 percent of the total number of

    cars manufactured domestically by the Automobile Industry in India.

    The India Automobile Market looks set to prosper, largely due to the growing market

    for automobiles that is developing in India. In the financial year that ended in February, 2009,

    the Indian automobile markets were the fastest growing in the world, with the registeredgrowth rate touching nearly 20 percent.

    The Automobile Industry in India mainly comprises of the small car section, which

    enjoys nearly a 2/3rd market share of the entire market for automobiles in India. In this

    respect, the Indian markets are the largest in the world for small cars, behind Japan.

    The Indian passenger car market which ranks amongst the largest in the world, is

    poised to become even larger and enter the top five passenger car markets in the world in the

    next decade.

    India Automobile Industry

    Following India's growing openness, the arrival of new and existing models, easy

    availability of finance at relatively low rate of interest and price discounts offered by the

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    dealers and manufacturers all have stirred the demand for vehicles and a strong growth of the

    Indian automobile industry.

    The data obtained from ministry of commerce and industry, shows high growth

    obtained since 2001- 02 in automobile production continuing in the first three quarters of the

    2004-05. Annual growth was 16.0 per cent in April-December, 2004; the growth rate in

    2003-04 was 15.1 per cent the automobile industry grew at a compound annual growth rate

    (CAGR) of 22 per cent between 1992 and 1997.

    With investment exceeding Rs. 50,000 crore, the turnover of the automobile

    industry exceeded Rs. 59,518 crore in 2002-03. Including turnover of the auto-component

    sector, the automotive industry's turnover, which was above Rs. 84,000 crore in 2002-03, is

    estimated to have exceeded Rs.1,00,000 crore ( USD 22. 74 billion) in 2003-04.

    Automobile Dealers Network in India

    In terms of Car dealer networks and authorized service stations, Maruti leads the

    pack with Dealer networks and workshops across the country. The other leading automobile

    manufactures are also trying to cope up and are opening their service stations and dealer

    workshops in all the metros and major cities of the country. Dealers offer varying kind of

    discount of finances who in tern pass it on to the customers in the form of reduced interest

    rates.

    Major Manufacturers in Automobile Industry

    Maruti Udyog Ltd.

    General Motors India

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    Ford India Ltd.

    Eicher Motors

    Bajaj Auto

    Daewoo Motors India

    Hero Motors

    Hindustan Motors

    Mahindra Motors

    Hyundai Motor India Ltd.

    Royal Enfield Motors

    Telco

    TVS Motors

    DC Designs

    Swaraj Mazda Ltd

    Government has liberalized the norms for foreign investment and import of technology

    and that appears to have benefited the automobile sector. The production of total vehicles

    increased from 4.2 million in 2005-06 to 7.3 million in 2006-07.

    The industry has adopted the global standards and this was manifested in the increasing

    exports of the sector. After a temporary slump during 2007- 2008 , such exports registeredrobust growth rates of well over 50 per cent in 2008-09 and 2009-10 each to exceed two and-

    a-half times the export figure for 2006-07.

    Automobile Export Numbers

    Table 2.1.1

    Category 2009-2010 2010-11

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    Passenger Car 25468 121478

    Multi Utility Vehicles 2654 3892

    Commercial Vehicles 10108 19931

    Two Wheelers 100002 256765

    Three Wheelers 21138 51535

    Percentage Growth 16.6 32.8

    THE KEY FACTORS BEHIND THIS UPSWING

    Sales incentives, introduction of new models as well as variants coupled with easy

    availability of low cost finance with comfortable repayment options continued to drive

    demand and sales of automobiles during the first two quarters of the current year. The risk of

    an increase in the interest rates, the impact of delayed monsoons on rural demand, and

    increase in the costs of inputs such as steel are the key concerns for the players in the

    industry.

    As the players continue to introduce new models and variants, the competition may

    intensify further. The ability of the players to contain costs and focus on exports will be

    critical for the performance of their respective companies.

    The auto component sector has also posted significant growth of 20 per cent in 2009-

    10, to achieve a sales turnover of Rs.30,640 crore (US$ 6.7 billion). Further, there is a

    potential for higher growth due to outsourcing activities by global automobiles giants. Today,

    this sector has emerged as another sunrise sector.

    2.2 COMPANY PROFILE

    Ford Motor Company designs, develops, manufactures, and services cars and

    trucks worldwide. It operates in two sectors, Automotive and Financial Services. The

    Automotive sector sells vehicles under Ford, Mercury, Lincoln, and Volvo brand names. This

    sector markets cars, trucks, and parts through retail dealers in North America, and through

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    distributors and dealers outside of North America. It also sells cars and trucks to dealers for

    sale to fleet customers, including daily rental car companies, commercial fleet customers,

    leasing companies, and governments. In addition, this sector provides retail customers with a

    range of after-the-sale vehicle services and products in areas, such as maintenance and light

    repair, heavy repair, collision, vehicle accessories, and extended service warranty under the

    Genuine Ford, Lincoln-Mercury Parts and Service, Ford Custom Accessories, Ford Extended

    Service Plan, and Motor craft brand names. The Financial Services sector offers various

    automotive financing products to and through automotive dealers. It offers retail financing,

    which includes purchasing retail installment sale contracts and retail lease contracts from

    dealers, and financing to commercial customers to purchase or lease vehicle fleets; wholesale

    financing that comprises making loans to dealers to finance the purchase of vehicle

    inventory; and other financing, which consists of making loans to dealers for working capital,

    improvements to dealership facilities, and to purchase or finance dealership real estate. This

    sector also services the finance receivables and leases that it originates and purchases, makes

    loans to its affiliates, purchases receivables, and provides insurance services related to its

    financing programs. Ford Motor Company was founded in 1903 and is based in Dearborn,

    Michigan.

    Henry Ford and Family

    The story of Henry Ford is not of a prodigy entrepreneur or an overnight success.

    Ford grew up on a farm and might have easily have remained in agriculture. But something

    stronger pulled at Fords imagination, mechanics, and machinery, understanding how things

    worked and what new possibilities lay in store. As a young boy, he took apart everything he

    got his hands on. He quickly became known around the neighborhood for fixing peoples

    watches.

    In 1896, Ford invented the Quadricycle . It was the first horseless carriage that he

    actually built. Its a far cry from todays cars and even from what he produced a few years

    later, but in a way it was the starting point of Fords career as a businessman. Until the

    Quadricycle, Fords tinkering was experimental, theoretical-like the gas engine he

    built on his kitchen table in the 1890s, which was just an engine with nothing to power. The

    Quadricycle showed enough potential that it launched the beginning of Fords business

    ventures.

    Ideas into Business

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    Ford Motor Company was founded on June 16, 1903.The first Ford, the model A,

    was being sold in Detroit a few months later. When founded the Ford Motor Company was

    just one of 15 car manufacturers in Michgan and 88 in the US. But as it began to turn a profit

    within its first few months,it became clear that Henry Fords vision for the automotive

    industry was going to work and work in a big way. During the first five years of Ford Motor

    Companys existence, Henry Ford, as chief engineer and later as president, directed a

    development and production program that started in a converted wagon shop.

    Henry Fords insistence that the companys future lay in the production of affordable

    cars for a mass market caused increasing friction between him and the other investors. As

    some left, Ford acquired enough stock to increase its own holdings to 58.5 percent. Henry

    Ford became president in 1906, replacing John.S.Gray,a Detroit banker who had served as

    the companys first president.

    Ford Family through the Years

    The years between the world wars were a period of hectic expansion. In 1917,

    Ford Motor Company began producing trucks and tractors. In 1919,a conflict with

    stockholders over the millions to be spent building the giant Rouge manufacturing complex

    in Dearborn, Michigan led to the company becoming wholly owned by Henry Ford and his

    son, Edsel, who then succeeded his father as president. After Edsel Ford passed away in

    1943,a saddened Henry Ford resumed the presidency.

    Henry Ford resigned for the second time at the end of World War II. His eldest

    grandson, Henry Ford II, became president on Sept 21,1945.Even as Henry Ford II drove the

    industrys first postwar car off the assembly line, he was making plans to reorganize and

    decentralize the company to resume its prewar position as a major force in a fiercely

    competitive auto industry.

    Henry Ford II provided strong leadership for Ford Motor Company from the

    postwar era into the 1980s.He was president from 1945 until 1960 and chief executive officer

    from 1945 until 1979.He was chairman of the board of directors from 1960 until 1980 and

    removed as chairman of the finance committee from 1980 until his death in 1987.Now,at the

    beginning of its second century,another Ford family member has been named CEO of Ford

    Motor Company, the first family member to hold the position in more than 20 years. Like his

    uncle, Henry Ford I, William Clay Ford Jr.(great grandson of Henry Ford) leads a company

    where family has a much broader meaning, referring to far more than just those with the

    last name Ford. Today, the Ford family comprises of employees, dealers, suppliers,

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    shareholders, customers and more-all those who help fulfill the vision Bill Ford has defined

    for the company: to create great products that benefit customers, shareholders and society.

    HISTORY

    The Dream Becomes A Business

    Ford Motor Company entered the business world on June 16,1903, when Henry

    Ford and 11 business associates signed the signed the companys articles of incorporation.

    With $28,000 in cash, the pioneering industrialists gave birth to what was to become one of

    the worlds largest corporations. Few companies are as closely identified with the history and

    development of industry and society throughout the 20th century as Ford Motor Company.

    As with most great enterprises, Ford Motor Companys beginnings were modest.

    The company had anxious moments in its infancy. The earliest record of a shipment is July

    20, 1903, approximately one month after incorporation, to a Detroit physician. With the

    companys first sale came hope a young Ford Motor Company had taken its first steps.

    Mass Production On The Line

    Perhaps Ford Motor Companys single greatest contribution to automotive

    manufacturing was the moving assembly line. First implemented at the Highland Part plant

    (in Michigan, US) in 1913, the new technique allowed individual workers to stay in one place

    and perform the same tasks repeatedly on multiple vehicles that passed them. The proved

    tremendously efficient, helping the company far surpass the production levels of their

    competitors-and making the vehicles more affordable.

    The First Vehicles

    Henry Ford insisted that the companys future lay in the production of affordable cars

    for a mass market. Beginning in 1903, the company began using the first 19 letters of the

    alphabet to name new cars. In 1908, the Model T was born.19 years and 15 million Model

    Ts later, Ford Motor Company was a giant industrial complex that spanned the globe. In

    1925, Ford Motor Company acquired the Lincoln Motor Company, thus branching out into

    luxury cars, and in the 1930s, the Mercury division was created to establish a division

    centered on mid-priced cars. Ford Motor Company was growing.

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    Becoming a Global Company

    In the 50s came the Thunderbird and the chance to own a part of Ford Motor

    Company. The company went public and, on Feb 24, 1959, had about 350,000 new

    stockholders. Henry Ford IIs keen perception of political and economic trends in the 50s ledto the global expansion of FMC in the 60s, and the establishment of Ford of Europe in 1967,

    20 years ahead of the European Economic Communitys arrival. The company established its

    North American Automotive Operations in 1971, consolidating U.S, Canadian and Mexican

    operations more than two decades ahead of the North American Free Trade Agreement.

    Ford Motor Company started the last century with a single man envisioning products

    that would meet the needs of people in a world on the verge of high gear industrialization.

    Today, Ford Motor Company is a family of automotive brands consisting of: Ford, Lincoln,

    Mercury, Mazda, Jaguar, Land Rover, Aston Martin and Volvo. The company is beginning

    its second century of existence with a worldwide organization that retains and expands Henry

    Fords heritage by developing products that serve the varying and ever changing needs of

    people in the global community.

    OVERVIEW

    Their Vision

    To become the worlds leading Consumer Company for automotive products and

    services.

    Their Mission

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    We are a global family with a proud heritage passionately committed to providing

    personal mobility for people around the world.

    We anticipate consumer need and deliver outstanding products and services that

    improve peoples lives.

    Their Values

    Our business is driven by their consumer focus, creativity, resourcefulness, and

    entrepreneurial spirit.

    We are an inspired, diverse team. We respect and value everyones contribution. The

    health and safety of our people are paramount.

    We are a leader in environmental responsibility. Our integrity is never compromised

    and they make a positive contribution to society.

    We constantly strive to improve in everything they do. Guided by these values, we

    provide superior returns to their shareholders.

    FORD

    Genuine, Progressive, Smart

    Ford Motor Company offers reliable, affordable vehicles for the worlds varying

    lifestyles. From the Model T-the car that first brought driving to the masses, to more recent

    favorite like the Escape, Ford vehicles have been among the worlds most popular cars and

    trucks.

    Major Competitors

    Daimler Chrysler, Fiat, General Motors, Honda, Nissan, Toyota, Volkswagen, Hyundai

    FORD INDIA PRIVATE LIMITED

    Ford India Private Limited is a wholly owned subsidiary of the Ford Motor

    Company in India. Ford India Private Limited's head quarters are located in Chengalpattu,

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    Tamil Nadu. It currently is the 8th largest car maker in India after Maruti Suzuki, Hyundai,

    Tata Motors, Mahindra, Chevrolet, Honda and Toyota.

    The modern Ford India Private Limited began production in 1996, although the roots

    trace back to 1907 when the Model A was launched. Its manufacturing facilities are inMaraimalai Nagar near Chennai. Ford India Private Limited began production in 1926, but

    was shut down in 1954. Production began again with the joint venture Mahindra Ford India

    Limited (MFIL) in October 1995, a 50-50 venture with Mahindra & Mahindra Limited. Ford

    Motor Company increased its interest to 72% in March 1998 and renamed the company Ford

    India Private Limited.

    FIPL's main manufacturing plant had a capacity of 100,000 vehicles annually and is

    located in Maraimalai Nagar, 45 kms. From Chennai. As its new hatchback Figo was

    launhced in March 2010, Ford Motor Company had invested $500 million to double capacity

    of the plant to 200,000 vehicles and 250,000 engines annually.

    Current Models

    1. Ford Icon launched in 1999

    2. Ford Endeavor launched in 2004

    3. Ford Fiesta launched in 2005

    4. Ford Figo launched in 2010

    Discontinued Models

    1. Ford Escort (1996 -2000)

    2. Ford Mondeo(2001 2005)

    3. Ford Fusion(2004-2010)

    Service Network

    As of June 2010, FIPL has 168 dealerships in 97 cities across India . The company

    plans to expand to 200 dealerships by the end of 2010.

    Sales Performance

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    FIPL posted tremendous record sale, witnessing a 272 per cent growth in year-on

    year sales for the month of May when compared to May 2009. Ford Figo continued to drive

    record sales for Ford India for the third consecutive month since its launch in the Indian

    market.

    Ford India also saw an increase in its month-on-month sales with May posting higher

    sales than April, achieving a 7.6 per cent high against last month's sale of 7509 units. Other

    Ford brands also saw a rise in demands which added to the overall volume for May with all

    the brands performing well. Ford India will commence its second production shift at its

    manufacturing plant in Maramalainagar from July, with training of new employees already

    underway, to meet strong demands for its products especially the Figo

    Exports

    FIPL currently exports vehicles in small quantity to countries in South America and

    Africa.

    CHAPTER-III

    DATA ANALYSIS & INTERPRETATION

    1) Age group:

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    Table 3.1

    Sl.No Age Group No of people

    A 20 to 30 9

    B 30 to 40 25

    C 40 to 50 25

    D Above 50 22

    Chart 3.1

    Interpretaion:-

    From the above table shows that the respondents of the age group of years above 50 i.e.

    22, the next group is 40-50 years i.e.25, the remaining age groups are 30-40 and 20-30 years

    having 25 and 9 respectively.

    2) Occupation

    Table 3.2

    Sl.No occupation No of people

    A Employee 35

    B Business 20

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    C NRI 15

    D Others 8

    Chart 3.2

    Interpretation:-

    From the above table shows that the respondents of the occupation are mostly

    employees numbered 35, business people numbering 20 , NRIs 15 and others 8 people.

    3) Which model of Ford car do you own?

    Table 3.3

    Sl.No Brand No of people

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    A Figo 35

    B Fiesta 18

    C Endeavor 10

    D Ikon 12

    Chart 3.3

    Interpretation:-

    The following graph shows the number of cars in the total of 75 persons i10 is owned

    by 35 people, and Verna owned by 18 and Accent owned by 10 people and Santro by 12

    people.

    Figo

    A, 35

    Fiesta

    B, 18

    Endeavor

    C, 10

    Ikon

    D, 12

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    4) Which feature is the best one in Ford car ?

    Table 3.4

    Sl.No feature NO of people

    A Mileage 14

    B Price 4

    C Brand 16

    D Style 18

    E Mileage & brand 13

    F Mileage & style 8

    Chart 3.4

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    Interpretation:-

    The following graph shows the number of what features you consider while you

    purchase in the total persons Mileage by 14, and Price by 4 and Brand by 16, Style by 18,

    Mileage and Brand by 13., and Mileage and Style by 8.

    5) How do you feel when you drive Ford car?

    Table 3.5

    14

    4

    16 18

    13

    8

    0

    2

    4

    6

    810

    12

    14

    16

    18

    20

    Mileage Price Brand Style Mileage

    & Brand

    Mileage

    & Style

    A B C D E F

    Series1

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    Sl.No RANK No of people

    A Good 25

    B Better 20

    C Best 40

    D Poor 5

    Chart 3.5

    Interpretation:-

    From the above table shows that the respondents of the experience of people while

    driving Ford cars is good i.e. 25, the next group is better i.e.20, the remaining people who

    feel best is 40 and others who feel poor experience are 5 respectively

    6) Are you satisfied with your vehicles mileage?

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    Table 3.6

    Sl.No Vehicles mileage No of percentage

    A Yes 61

    B No 14

    Chart 3.6

    Interpretation:-

    The following graph shows the number of people who satisfied with mileage of the

    vehicle in the total respondents response given by persons Yes by 61 and No by 14.

    7) Will you recommend Ford product to anybody?

    Table 3.7

    Sl.No Recommendation No of percentage

    Yes

    A, 61

    No

    B, 14

    A Yes

    B No

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    A Yes 45

    B No 30

    Chart 3.7

    Interpretation:-

    The following graph shows the number of people who recommend Ford cars in the

    total persons yes by 45 and No by 30.

    8) What do you think about Fords customer service?

    Table 3.8

    Yes

    A, 45

    No

    B, 30

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    Sl.No RANK No of people

    A Excellent 40

    B Good 20

    C Better 30

    D Poor 5

    Chart 3.8

    Interpretation:-

    From the above table shows that the respondents of the people about Fords customer

    service is excellent i.e. 40, the next group is good i.e.20, the remaining people who feel better

    is 30 and others who feel poor experience are 5 respectively.

    9) How do you feel about companys response towards customers?

    Table 3.9

    Sl.No Source No of percentage

    A Excellent 38

    B Good 17

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    C Better 10

    D Poor 7

    Chart 3.9

    Interpretation:-

    The following graph shows the number of response of customers towards the

    products from the total number of 100 people good are good 17, Excellent 38, better 10 and

    poor are 7.

    10. Did you receive the product on delivery time?

    Table 3.10

    17

    38

    10

    7

    0 5 10 15 20 25 30 35 40

    Good

    Excellent

    Better

    Poor

    A

    B

    C

    D

    Series1

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    Sl.No Delivery time No of percentage

    A Yes 55

    B No 20

    Chart 3.10

    Interpretation:-

    The following graph shows the number of customers who receive the product on

    delivery time is yes by 55 customers and no by 20 customers.

    11. Are you satisfied with companies after sales service?

    Table 3.11

    Yes

    A, 55

    NoB, 20

    A Yes

    B No

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    Sl.No After sales service No of percentage

    A Satisfied 75

    B Not satisfied 5

    Chart 3.11

    Interpretation:-

    The number of customers who satisfy/not satisfied with the after sales service of the

    company from a number of 100 customers is satisfied 75 and not satisfied 5.

    12.How do you feel the experience at show room?

    Table 3.12

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    Sl.No RANK No of people

    A Excellent 20

    B Good 60

    C Satisfactory 15

    D Poor 5

    Chart 3.12

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    Experience at Showroom

    POOR

    5%

    EXECELLENT

    20%

    GOOD

    60%

    SATISFACT

    ORY

    15%

    GOOD

    SATISFACTORY

    EXECELLENT

    POOR

    Interpretation:-

    The following graph shows the consumers experience at show room the number of

    customers who feel satisfy is 15 and who feels good is 60.and 20% of the customers feels

    excellent and 5% of the customers feels poor at show room experience.

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    11) Were you offered test drive?

    Table 3.13

    Chart 3.13

    Interpretation:-

    The following graph shows the number of customers who were offered test drive for

    the product is yes by 80 customers and no by 7 customers.

    12) Have you satisfied with the usage of Ford cars?

    Table 3.14

    Sl.No Test drive No of people

    A Yes 80

    B No 7

    Yes

    A, 80

    No

    B, 7

    A Yes

    B No

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    Chart 3.14

    Interpretation:-

    The following table shows that the respondents who satisfied with dealers performance

    is better71, good 15 and Poor is 4.

    Sl.no Customer

    response

    Percentage

    A Fully satisfied 71

    B Just satisfied 15

    C Not satisfied 4

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    15. Do you repeat purchase of Ford cars?

    Table 3.15

    Sl.No Rank No of percentage

    A Probably 65

    B Definitely 16

    C Definitely Not 5

    D Might 14

    Chart 3.15

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    REPEAT PURCHASE

    DEFINITEL

    Y

    16%DEFINITEL

    Y NOT

    5%

    PROBABL

    Y

    65%

    MIGHT

    14%

    PROBABLY

    MIGHT

    DEFINITELY NOT

    DEFINITELY

    Interpretation:-

    The following table shows that 65% of the customers are probably repeat purchase, 14%

    of the customers might have repeats the purchase,16% of the customers definitely repeats the

    purchase and 5% of the customers definitely not purchase the ford car

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    CHAPTER-IV

    FINDINGS AND SUGGESTIONS

    4.1 FINDINGS

    Ford enjoys a high patronage from its customers.

    Most of the customers had a good experience of shopping at Ford.

    The satisfaction levels can also measured with the level of recommendations to

    friends and associates; It is evident that more than 80% customers are satisfied with

    the service offered at Ford.

    The probability that the customers would repeat that purchase at the same showroom

    is high, which is a good sign.

    The sale satisfaction index of Ford showroom is 8.4 on scale of ten (refer page

    32), which is exceptionally good, the showroom should persist on high levels of

    commitment to maintain the good image it has created. The industry SSI (2003) is

    104 out of 126 according to J D Power Asia pacific. And Ford scores 105 out of

    125.

    In the interview it was found that the customers are happy about the training

    programs under taken by the showroom, which train the customers to negotiate

    minor breakdowns comfortably.

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    It has been observed that 25% of customers have reported a slack in the delivery

    process.

    This is the only area of concern that has emerged form the city.

    4.2 SUGGESTIONS

    The overall sales satisfaction index from the study reveals that the company is

    performing very well and customers buying are much satisfied with the service given to

    them.

    The only couple problem noticed are:

    Some of the customers have complained about the slack in the delivery

    process and timings. Therefore, this is the area which I recommend to

    the showroom to focus a little bit more. It needs to improve its delivery

    process and time. Need to become little quick and fast.

    Some of the customers have also complained about the after purchase

    services provided by the showroom. Even though the complaints are

    minor, the showroom needs to resolve the customer after purchase

    service issues in order to achieve customer satisfaction.

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    CHAPTER V

    CONCLUSION

    With respect to the above study and the findings thereby, the company has

    definitely entrenched into the urban market. With few more concerted efforts, the said

    organization needs to enter the rural market in order to completely establish itself all

    over. The above study will help the consumers to get more awareness about ford cars

    and it will also help to ford motors to capture the market of urban as well as rural

    markets.

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    APPENDIX

    A. QUESTIONNAIRE

    CUSTOMER SATISFACTION INDEX

    Details:

    Vehicle No: _______________________________________________________

    Model: ___________________________________________________________

    Customer Name: __________________________________________________

    Telephone No: ______________________Mobile:________________________

    Date: __________________Customer signature: ________________________

    1. Age group

    a) 20-30 b) 30-40 c) 40-50 d) Above 50

    2. Occupation?

    a) Employee b) Business c) NRI d) Others

    3. Which model of Ford car do you own?

    a) Figo b)Ikon c) Endeavor d) Fiesta

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    4. Which feature is the best one in Ford car?

    a) Price b) Style c) Mileage d) Quality e) Mileage &Quality

    e) Mileage & Style

    5. How do you feel when you drive Ford car?

    a) Good b) Better c) Best d) Poor

    6. Are you satisfied with your vehicle mileage?

    a) Yes b) No

    7. Will you recommend Ford product to anybody?

    a) Yes b) No

    8. What do you think about Fords customer service?

    a) Excellent b) Good c) Better d) Poor

    9. How do you feel about companys response towards customers?

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    a) Excellent b) Good c) Better d) Poor

    10. Did you receive the product on delivery time?

    a) Yes b) No

    11. Are you satisfied companys after sales service?

    a) Satisfied b) Not satisfied

    12. How do you feel the experience at the showroom?

    a) Satisfied b) Not satisfied

    13. Were you offered test drive?

    a) Yes b) No

    14. Are you satisfied with their usage of the car?

    a) Fully satisfied b) Just satisfied c) Not satisfied

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    15. Do you repeat purchase of Ford cars?

    a) Probably b) Definitely c) Definitely not d) Might

    16. Please give your comments/suggestions to enable us to improve satisfaction of

    customers at this Ford authorized showroom.

    _______________________________________________________________

    _______________________________________________________________

    THANK YOU FOR YOUR VALUABLE OPINIONS

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    B. LIST OF CONSUMERS:-

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    Sr. no. Name of Consumer Location

    1 Manoj Kumar Trissur town

    2 Jose Vazhakaden Thrissur town

    3 Mahin North Bus stand

    4 Umesh pilla Thrissur town

    5 Praveen T P North bus stand

    6 Bharat N.D. Thrissur town

    7 Sanjay Nayar Sakthan bus stand

    8 Soumeesh P K Anchery

    9 Joseph chirammel M O road

    10 Antony J O MG road

    11 Suraj M K Ollur

    12 Anandh M J Amballur

    13 Rupesh K J Pudukad

    14 Narendra Varma Mapranam

    15 Jayan V P Ollur

    16 H Joshi Ollur

    17 Abdul Firoz Guruvayur

    18 Uthaman Guruvayur

    19 Gopu Nandhilath Poonkunnam

    20 P Sasi Guruvayur

    21 Subrahmanyan Guruvayur

    22 Sananth K T Guruvayur

    23 Kumar V R Guruvayur

    24 narendra parakh Guruvayur

    25 Pramod P R Guruvayur

    26 Chandran Guruvayur

    27 Jerin Mathew Guruvayur

    28 Nandhan Guruvayur

    29 Anil Kumar Ollur

    30 Prakash N Ollur

    31 Rajendran Ollur

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    32 Ravi Bhavsar Thrissur Town

    33 Nilesh Nayar Thrissur Town

    34 Athul Krishna Thrissur Town

    35 Prakashan Thrissur Town

    36 Ravi Chandhran Thrissur Town

    37 Joy Thomas Thrissur Town

    38 Vasudevan Thrissur Town

    39 Chandhran Thrissur Town

    40 Abdul Hamidh North Bus Stand

    41 Sethu Nayar North Bus Stand

    42 b. Jivan North Bus Stand

    43 Yogesh North Bus Stand

    44 Hemaravi North Bus Stand

    45 Rupesh Pilla North Bus Stand

    46 Prakash Varma Chavakadu

    47 M Rajesh Chavakadu

    48 Vardhana Chavakadu

    49 sunil manar Chavakadu

    50 kiran pilla M O Road

    51 Manoj K C Kuriachira

    52 Sajeev Nayar Kuriachira

    53 Adhithyan Kuriachira

    54 Bhaskaran Kuriachira

    55 Madhav Raju Kuriachira

    56 Ravi O Pilla Kuriachira

    57 Sanuj Raman Kuriachira

    58 Deepak Dev Muthuvara

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    59 Manoj nayar Muthuvara

    60 Prashant Bharathan Muthuvara

    61 Vasanthan Muthuvara

    62 Sunil Balan Muthuvara

    63 Satyajith Varma Kunnamkulam

    64 Bhushan Kunnamkulam

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    65 Ganesh Madhavna Kunnamkulam

    66 Shailesh Nayar Kunnamkulam

    67 Mala group Kunnamkulam

    68 Krishnan Nayar Kunnamkulam

    69 Prestiage Group Kunnamkulam

    70 Komalam group Kunnamkulam

    71 Santosh Nikil Kunnamkulam

    72 Pradip sukumar Kunnamkulam

    73 Kiran Surya Kunnamkulam

    74 S D group Thrissur Town

    75 Susheelan Thrissur Town

    76 Purushothaman Thrissur Town

    77 r. Parameswaran M G Road

    78 Kalyani Group M G Road

    79 d. Kashinathan M G Road

    80 sharath Karippery M G Road

    81 Jain Thomas M G Road

    82 Prakash Kumar M.G.road

    83 Narendra Parakh M.G.road

    84 Reena Group Amballur

    85 Prabhakar Navase Kodungallur

    86 Soni cheruvathur Mala

    87 k.ganesh nayar Mala

    88 Ajith P C Mala

    89 Firoz Shan Chalakkudi

    90 Sathish Pilla Chalakkudi

    91 Sanathanan Nayar Kodungallur

    92 Adhitya Thrissur

    93 Manu Guruvayur

    94 Nandhana Kunnamkulam

    95 Chandhran Guruvayur

    96 Gopu Guruvayur

    97 Sashi Pilla Kuruppam Road

    98 Syam North bus stand

    99 Jimmy Joshi Sakthan Stand

    100 Sree kumar Sakthan Stand

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    BIBLIOGRAPHY

    BOOKS:

    Principles of marketing: KOTLER ARMSTRONG.

    Marketing Management: PHILIP KOTLER.

    (Analysis, Planning Implementation and Control)

    Services Marketing : TATA Mc GRAW HILL.

    Marketing Research : G.C.BERI.

    Research Methodology: KOTHARI. C.R.

    WEBSITES:

    www.bus.umich.edu

    www.fordmotors.com

    www.finalyearprojects.com

    www.wikipedia.com

    http://www.bus.umich.edu/http://www.fordmotors.com/http://www.finalyearprojects.com/http://www.wikipedia.com/http://www.fordmotors.com/http://www.finalyearprojects.com/http://www.wikipedia.com/http://www.bus.umich.edu/