Académique Documents
Professionnel Documents
Culture Documents
Interpersonal relationship
Working conditions
SAMPLE TECHNIQUE
The study was undertaken through survey in accordance with convince of the
employees. Since population consists of large group of employees convenient
sampling is followed.
SAMPLE UNIVERSE
The total number of employees in the organization is800.
SAMPLE SIZE
The study is based on 20 employees of the organization.
Number of respondents
Total number of respondents
X 100
There was fear of reprisal among the employees to reveal their personal
feeling and the results are not reflected the actual satisfaction.
The time is a major limiting factor. Due to lack of time it was not possible to
cover all aspects of the study.
REVIEW OF LITERATURE
Job satisfaction has been defined in many different ways. Some believe it is
simply how content an individual is with his or her job, in other words, whether or not
they like the job or individual aspects or facets of jobs, such as nature of work or
supervision. Others believe it is not so simplistic as this definition suggests and
instead
that
multidimensional
psychological
responses
to
one's
job
are
involved. Researchers have also noted that job satisfaction measures vary in the extent
to which they measure feelings about the job (affective job satisfaction) or cognitions
about the job (cognitive job satisfaction). Affective job satisfaction is a person's
emotional feeling about the job as a whole. Cognitive job satisfaction is how satisfied
employees feel concerning some aspect of their job, such as pay, hours, or benefits.
DEFINITION
The concept of job satisfaction has been developed in many ways by many
different researchers and practitioners. One of the most widely used definitions in
organizational research is that of Locke (1976), who defines job satisfaction as "a
pleasurable or positive emotional state resulting from the appraisal of one's job or job
experiences". Others have defined it as simply how content an individual is with his
or her job; whether he or she likes the job or not. It is assessed at both the global level
(whether or not the individual is satisfied with the job overall), or at the facet level
(whether or not the individual is satisfied with different aspects of the job). Spector
(1997) lists 14 common facets: Appreciation, Communication, Coworkers, Fringe
benefits, Job conditions, Nature of the work, Organization, Personal growth, Policies
and procedures, Promotion opportunities, Recognition, Security, and Supervision.
A more recent definition of the concept of job satisfaction is from Hulin and Judge
(2003), who have noted that job satisfaction includes multidimensional psychological
responses to an individual's job, and that these personal responses have cognitive
(evaluative), affective (or emotional), and behavioral components. Job satisfaction
scales vary in the extent to which they assess the affective feelings about the job or
the cognitive assessment of the job. Affective job satisfaction is a subjective construct
representing an emotional feeling individuals have about their job. Hence, affective
job satisfaction for individuals reflects the degree of pleasure or happiness their job in
general induces. Cognitive job satisfaction is a more objective and logical evaluation
of various facets of a job. Cognitive job satisfaction can be one-dimensional if it
comprises evaluation of just one facet of a job, such as pay or maternity leave, or
multidimensional if two or more facets of a job are simultaneously evaluated.
Cognitive job satisfaction does not assess the degree of pleasure or happiness that
arises from specific job facets, but rather gauges the extent to which those job facets
are judged by the job holder to be satisfactory in comparison with objectives they
themselves set or with other jobs. While cognitive job satisfaction might help to bring
about affective job satisfaction, the two constructs are distinct, not necessarily directly
related, and have different antecedents and consequences.
Job satisfaction can also be seen within the broader context of the range of issues,
which affect an individual's experience of work, or their quality of working life. Job
satisfaction can be understood in terms of its relationships with other key factors, such
as general well being, stress at work, control at work, home-work interface, and
working conditions.
Content Theories:
Content theories were concerned with the specific identity of what it is within
an individual or his/her environment that energizes and sustains behavior. In other
words, what specific things motivate people (Campbell et al, 1970)? Maslow (1954)
suggested that people are driven by unsatisfied needs that shape their behavior. He
theorized that after a person has moved from a lower to a higher level of need, the
higher-level needs assume less prominence since they have been adequately met.
Although lower level needs may at times increase in importance as a consequence of
progressing through stages of psychological development, a person tends to develop a
personality structure in which his various needs form a hierarchical system. Maslow
(1954) and Hoppock (1935) suggested that job satisfaction and dissatisfaction share a
single continuum. They reasoned that both intrinsic and extrinsic factors have the
capacity to create satisfaction and dissatisfaction. Maslow described one end of this
continuum as a growth needs and, at the other end of the continuum deficiency
needs. Pinder (1998) describes the first set of needs as basic survival needs, which can
be looked at as those needs being concerned with the avoiding of pain and discomfort
and as providing primary needs such as sex, thirst, and hunger. Pinder describes the
second set of growth needs as those that express themselves in attempts by people to
become all that they are capable of becoming.
Process Theories:
Process theories try to explain and describe the process of how behavior is
energized, directed, sustained, and stopped. To explain and describe behavior these
theories try to define the major variables that are important for explaining motivated
people (Campbell et al, 1970).
Process theorists see job satisfaction as being determined not only by the
nature of the job and its context within the organization, but also by the needs, values
and expectations that the individuals have in relation to their job (Gruneberg, 1979).
For example some individuals have a greater need for pay and achievement than
others and where a job gives no opportunity for increased pay or achievement; such
individuals are likely to be more frustrated than those whose need for higher pay and
achievement is less. Three sub-theories of process theory have been developed: theory
based on discrepancy between what the job offers and what is expected, theory based
on what an individual needs, and theory based on what the individual values.
10
People can tolerate seeing others earn more in pay and benefits if they do
believe that others are contributing more in the way of inputs (Pinder, 1998).
One main criticism of equity theory is that issues of fairness and justice can be
a matter of the eye of the beholder. There is always the possibility that what one
thinks or believes is not congruent with what is actually happening. Another
limitation to this theory is that it can be hard to compare one organization to another,
thus this theory is localized for the person.
Needs/Fulfillment Theory:
Fulfillment theorists believed that peoples satisfaction is a function of how
much of a reward or outcome they are receiving for their work. Theorists simply
viewed satisfaction depending on how much of a given outcome or group of outcomes
a person receives (Lawler, 1994). The weakness of this theory was that in the
researchers failing to take into account the individual-difference factors of a person.
The individual-difference factor is how people feel about what they receive and what
outcomes they feel they should receive for their work. A person who expects to be
paid more for their work is more likely to be dissatisfied than someone who feels that
he is paid adequately for his work. Individual-difference factors suggest that the
fulfillment-theory approach to job satisfaction is not valid, since this approach fails to
11
take into account differences in peoples feelings about what the outcomes they
should receive (Lawler, p.83).
Theorists believed that satisfaction is determined by the differences between
the actual outcomes a person receives and some other outcome level. They would say
that what is received should be compared with another outcome level, and when the
outcome level is below the other outcome level, dissatisfaction results (Lawler, 1994).
This theory is clearly evident in teacher salaries. Teachers who feel their salaries or
benefits are below the state or regional level become dissatisfied with their employer.
Vroom (1964) developed two forms of need fulfillment theory. The first model was
the subtractive model which states that job satisfaction is negatively related to the
degree of discrepancy between what the worker needs and the extent to which the job
meets those needs. His second model is the multiplicative model in which the need for
importance is taken into account by multiplying the perceived amount of need
fulfillment offered by the job by the importance of the individual of that need
(Gruneberg, 1979).
12
Work then represents one such environment in which one must relate.
Satisfaction then indicates the correspondence between the individual and the work
environment (Davis & Lofquist, 1984).
Davis, England and Lofquist (1964) formulated a theory of vocational
psychology that was based on the idea that the individual is a responding organism.
As individuals respond to their environment, their responding becomes associated
with reinforces in the environment. Davis et al. (1964) summarized the theory of work
adjustment in the following statements:
1. Work is conceptualized as an interaction between an individual and a work
environment.
2. The work environment requires that certain tasks be performed, and the
individual
brings skills to perform the tasks.
3. In exchange, the individual requires compensation for work performance and
certain preferred conditions, such as a safe and comfortable place to work.
4. The environment and the individual must continue to meet each others
requirements for the interaction to be maintained. The degree to which the
requirements of both are met may be called correspondence.
5. Work adjustment is the process of achieving and maintaining correspondence.
Work adjustment is indicated by the satisfaction of the individual with the
work
environment and by the satisfaction of the work environment with the
individual,
by
13
14
Working Conditions
Because employees spend so much time in their work environment each week, it's
important for companies to try to optimize working conditions. Such things as
providing spacious work areas rather than cramped ones, adequate lighting and
comfortable workstations contribute to favorable work conditions. Providing
productivity tools such as upgraded information technology to help employees
accomplish tasks more efficiently contributes to job satisfaction as well.
15
raises the stress level of the workplace. Many times, ineffective management and poor
planning cause this environment. The office operates in a crisis mode because
supervisors don't allow enough time for employees to perform their assigned tasks
effectively or because staff levels are inadequate.
Financial Rewards
Job satisfaction is impacted by an employee's views about the fairness of the
company wage scale as well as the current compensation she may be receiving.
Companies need to have a mechanism in place to evaluate employee performance and
16
INDUSTRY PROFILE
The textile industry occupied a unique place in our country. One of the earliest
to come into existence in India, it accounts for 14% of the total Industrial production,
contributes to nearly 30% of the total exports and is the second largest employment
generator after agriculture field. Textile Industry is providing one of the most basic
needs of people and the holds importance, maintaining sustained growth for
improving quality of life. It has a unique position as a self-reliant industry, from the
production of raw materials to the delivery of finished products, with substantial
value-addition at each stage of processing; it is a major contribution to the countrys
17
18
19
never been able to adequately fulfill the widely varied needs of the different segments
of the industry.
However, during the last 10 years, the industrys actions, government policies
as well as market events have begun to converge, providing several growth
opportunities for the sector domestically as well as in the global market. As the MFA
quota-regime draws to a close, India presents many opportunities for buyers, suppliers
and investors to partner with its textile industry, and to profit from the partnership.
TEXTILE INDUSTRY
The Indian textile industry occupies an important place in the economy of the
country because of its contribution to the industrial output. It accounts for 14% of the
total industrial production, contributes to nearly 30% of the total exports and is the
second largest employment generating industry after agriculture. The textile industry
provides direct employment to about more than 30 million people. It is the second
largest sector, which provides employment in India.
The textile industry holds significant status in the India. Textile industry
provides one of the most fundamental necessities of the people. It is an independent
industry, from the basic requirement of raw materials to the final products, with huge
value-addition at every stage of processing.
Today textile sector accounts for nearly 14% of the total industrial output.
Indian fabric is in demand with its ethnic, earthly colored and many textures. The
textile sector accounts about 30% in the total export. This conveys that it holds
potential if one is ready to innovate.
The textile industry is the largest industry in terms of employment it is
expected to generate 12 million new jobs by 2010. It generates massive potential for
employment in the sectors from agricultural to industries. Employment opportunities
are created when cotton is cultivated. It does not need any exclusive Government
support even at present to go further. Only thing needed is to give some directions to
organize people to get enough share of the profit to spearhead development. The main
20
markets for Indian textiles and apparels are USA, UAE, UK, Germany, France, Italy,
Russia, Canada, Bangladesh and Japan.
HISTORY OF TEXTILE INDUSTRY
The history of textile industry is almost as old as that of human civilization
and as time moves on the history of textile has further enriched itself. In 6 th and 7th
century BC, the oldest record indication of used fibers come with the invention of flax
and wood fabric at excavation of Swiss lake inhabitants. India had started culture of
silk during 400AD. While spinning of cotton traces back to 3000BC.
Mens need for clothing has been constant since the beginning of time and spinning
of wool fiber into yarn and weaving of cloth have been staple industries in large part
of the world. The discoveries of various synthetic fibers like nylon created a wider
market for textile products and gradually lead to the invention of new and improved
source of natural fiber.
facilitated the path of transaction of localized skill and textile at among various
countries.
Origin of Textile Machinery
Several inventions occurred in the textile machinery in a relatively shorter time
period during the industry revolution.
1764 Water frame invented by Richard Arkwright The first powered textile
machine.
21
Indus valley civilization in India helps to enjoy a rich heritage and the origin
of textile in India. People used home spun cotton for weaving their cloths,
rigveda, the earlist form of the veda contains the literary information about textile
and it refers to weaving. In Indian epics Ramayana and Mahabaratha, direct the
existence of wide variety of fabric in ancient India. The contemporary Indian
textile not only reflects the splendid past but also cater to the requirements of the
modern times.
INDIAN TEXTILE MANUFACTURING
The first textile industry started manufacturing in Culcutta about 200 years
ago. Its nerve centre is in Ahmedabad. Now a days it is mainly concentrated in cities
like Bombay, Calcutta, Surat, Banaras and in some parts of Tamil Nadu. Some of the
important textile producers in India are ACME Clothing Private Limited (Mumbai),
Bafna International (Bangalore), Classic finishers (Mumbai), Gujarat Ambuja
Exporter Ltd, Gujarat Apparel K.G. Denim Ltd etc.
Readymade Garment (RMG) industry in India has seen resurgence in the
recent times. The industry has witnessed sluggish growth in the past decade, however
scenario has changed substantially due to globalization.
Traditionally, Indians
preferred dresses stitched by local tailors, the growing fashion consciousness build
branded apparel industry in India. In this case, mens clothing segment accounts for
the largest share (59%) of the branded apparel market.
Cotton textile in India is well established manufacturing industry and
employs more workers than any other sector. Production of textile industry was 19
billion square meters of cloth in 1992. In India textile mills yarn is spun, woven into
fabric and passes under one roof. The production in textile industry had fall from 19%
in 1951 to 30% in excise duties. The power 100m sector from the portion of
decentralized part of textile industry is expanded from 24000 units in 1951 to 8 lakhs
units in 1989.
The technology mission on cotton was started in Feb 2000 with four mini
missions to strengthen the raw material base of a significant segment of the industry
and to improve the productivity and quality of cotton. Government announced a New
22
23
TEXTILE EXPORTS
Textile exports are targeted to reach $50 billion by 2010, $25 billion of which
will go to the US. Other markets include UAE, UK, Germany, France, Italy, Russia,
Canada, Bangladesh and Japan. The name of these countries with their background
can give thousands of insights to a thinking mind. The slant cut that will be producing
a readymade garment will sell at a price of 600 Indian rupees, making the value
addition to be profitable by 300 %.
Currently, because of the lifting up of the import restrictions of the multi-fiber
arrangement (MFA) since 1st January, 2005 under the World Trade Organization
(WTO) Agreement on Textiles and Clothing, the market has become competitive; on
closer look however, it sounds an opportunity because better material will be possible
with the traditional inputs so far available with the Indian market.
Political and Government Diversity
The reservation of production for very small companies that was imposed with
an intention to help out small scale companies across the country, led substantial
fragmentation that distorted the competitiveness of industry. However, most of the
24
sectors now have been de-reserved, and major entrepreneurs and corporate are
putting-in huge amount of money in establishing big facilities or in expansion of their
existing plants.
Secondly, the foreign investment was kept out of textile and apparel production.
Now, the Government has gradually eliminated these restrictions, by bringing down
import duties on capital equipment, offering foreign investors to set up manufacturing
facilities in India. In recent years, India has provided a global manufacturing platform
to other multi-national companies that manufactures other than textile products; it can
certainly provide a base for textiles and apparel companies.
Despite some motivating step taken by the government, other problems still
sustains like various taxes and excise imbalances due to diversification into 35 states
and Union Territories. However, an outline of VAT is being implemented in place of
all other tax diversifications.
COMPANY PROFILE
25
quality fabrics with trend setting elegance. This has increased the brand popularity not
only in India but also has earned a huge international market.
The company has been receiving increasing repeat orders from countries like
USA, UK, Germany, Singapore and Middle East. GSons also produces handloom
fabrics and made ups, cotton fabrics and home furnishing materials.
They are
26
MANUFACTURING PROCESS
The fabric is purchased from leading textile mills from Mumbai, Ahmedabad,
Banglore, Varanasi. The fabric is examined and cut according to required sizes using
patterns and collars, cuffs and pockets and fused. The parts required for embroidery
are embroidered and parts are stitched separately and assembled, examined for defects
and ironed. The products are packed with meticulous cane giving aesthetic appearance
and dispatched.
Production
27
The plant is capable of manufacturing 550- 600 pieces of shirts and could
increase substantially with future expansion.
Management and Promoters of the Company
The company is managed by 5 partners belonging to the same family. The
partners are:
1. O. Mohanan
Mr. O. Mohanan is the Managing Director of the company. He is aged 57
years and having more than 34 years solid experience in both textile manufacturing
and trading. He is actively engaged as a partner in the well known textile showroom
namely GSons Readymades, Anaswara silks and sarees and GSons Gents gallery at
Kannur
2. O. Vinod Kumar
O. Vinod Kumar is aged 48 years and he is also one of the partners. Like other
partners he is totally involved in the company affairs. His long association with
dealers of Dennis Morton shirts is an asset to the company and he keeps in touch with
market trends. He brings in innovative ideas in advertisement and publicity.
3. O. Dinesh Kumar
He is aged 51 years. He is another partner of the company. His financial acumen in
guiding the companys progress is remarkable and he is fully involved in the
Companys affair.
4. O. Sree Kumar
O. Sree Kumar is aged 42 years. He is fully engaged in the affairs of the
business. His main contribution towards the growth of the company is the successful
implementation of accounts and other allied documents
5. O. Sangeetha Vasu
Sangeetha Vasu is science graduate and has a post graduate diploma in
Fashion Technology.
28
developments of intricate designs for export orders and help to achieve export targets
for the company.
29
exports markets with its incredible products particularly ladies and kids garments in
countries like Germany ,U.S.A, England and Singapore.
Dennis Morton has, by now made into the big league of premium fine quality
shirt makers of India offering products blended with exquisite quality stitching fine
fabric and comfort. The company claims Dennis Morton shirts offer sleek and Adonis
look to the users.
The company s poised for big expansion and plan to increase its production capacity
from its present 600 pieces per day to 1600 pieces introducing value added items. The
company has acquired internationally acclaimed ISO 9001:2000 quality management
system. It has also underwent successfully the audit system of BSCI (Business social
compliance initiative)an international body to monitor the expert capabilities of
ex[porting companies all over the world.
The company is managed by the following 5 partners belonging to the same family.
1.
2.
3.
4.
5.
30
is evident in the products that come out of the plant. Dennis Morton derives al its
strength form more than 200 employees who are committed dedicated and denoted to
single purpose that of producing the most elegant shirt in the market.
ORGANISATION CHART
31
Managing Director
Merchandiser
Manager
Marketing manager
QCM & MR
Assistant merchandiser
Store in charge
Cutting master
Production in Finishing
charge in charge
Accountant
Pattern & sample in charge
Store assistant
Production assistant
Dispatch assistant
Assistant Accountant
Sample assistant
PRODUCT PROFILE
Product is the main element in every company. The product must satisfy the
consumers needs. It is the companys main link with the public. Everything begins
with the product. A product is a bundle of satisfaction that consumer buys. It is a
bundle of activities consist of various products features and accompanying services.
Dennis Morton offers variety of product ranges, which are capable of meeting the
consumer likes.
32
The super quality check shirts from DM with warm feel and comfortable fit.
DM Square presents check shirts at their terrific best.! Dennis Morton check shirts are
designs, carefully chosen from worlds most popular fabric manufacturers, to give a
novel feel of dressing oneself up. DM square is all about moving ahead of times in
casual fashion wears. The company offers square shirts of different colours especially
of red, violet, pink and black which give a special attraction and look. It is also
available in 100% cotton or poly cotton to give a winter feeling.
b) D M Royale Simply Elegant
DM presents the unique range of silk shirts for men made from cutting
edge technology. The Royale gallery presents unique designs in style and colours
of more than 250 variety, for the man who wants to explore his creativity and
express his individuality. DM Royale collection of stimulating mens silk shirts
where quality and style are available at an affordable price.
c) Parinaya- The most eligible wedding shirts
Redefining the concept of Mens wedding wear, Dennis Morton hits
the market with its exclusive range of Parinaya shirts. The exciting range of
designs from parinaya truly turns on the festive mood. Check out the tempting
parinaya collections and start out an exciting phase of life in a handsome way. The
existing range of designs from pure silk fabric shirts are aimed at targeting rich
class of customers.
2. TROUSERS
Trousers are one of the main product of DM. Trousers are produced from
Madras and Bangalore. Trousers are exported in both domestic and international
market. Trousers are mainly in cotton (99%), tracksuits, Jeans and Bermudas are also
available. The company use Denim fabrics to produce trousers.
3. RICKY MARTIN JUNIOR
It is another brand of Dennis Morton which is manufactured for junior. The
shirts sizes range from 25-29. The price of the shirts range from Rs 200- Rs 450. The
brand was introduced in 2004 as a new line in the product mix of Dennis Morton.
33
The brand was introduced as competitive strategy to meet the conception from Sero
Functions shirts which are the supreme competitor of Dennis Morton.
4. LADIES GARMENTS
DM has made foray into export market with its innovative parts of ladies
garments in countries like Germany, USA, England and Singapore. Ladies garments
include; ladies blouse, miniskirts, ladies night dress.
5. HOME FURNISHING MATERIALS
The company is manufacturing home furnishing materials which have direct
exports to the overseas market. Some of the raw materials used for home textiles are
furniture fabrics.The company has direct export of home furnishing materials in to the
overseas market especially in Germany, UK and USA.
The home furnishing materials produced by the company are table cover ,
mitten, pot harder, table mat, kitchen textiles, pillow cover, wall and floor covering,
neck support, window furnishing, cushion , bolster, mat, senders, hammock.
6. HANDLOOM FABRICS AND MADE UP
At present DM has entered in to the field of manufacturing handloom fabrics
and made ups. Some of the handloom fabrics made ups are kitchen quilts, towels,
speeds, mattress, and dinning set.
34
DEPARTMENTAL STUDY
FINANCE DEPARTMENT
Finance is considered to be the life blood of any firm .It is the basis ,which
provided the platform to carry out other managerial functions that is production,
marketing, personnel etc. So proper management of finance is inevitable for the
effective and efficient running of business. Financial management is a managerial
activity concerned with planning and control of firms financial resources. The subject
of financial management is of deep interest for both academicians and managers
because among the most crucial decisions of the firm are those which relate to
finance and the understanding of financial theories gives a broader prospective of
both analytical and conceptual to make those decisions skillfully.
Formulation of objectives:
These objectives must be in tune with the overall objectives the organization.
Estimation of Capital requirement:
1. Business enterprise capital for financing fixed assets
2. Working capital requirement
3. Improvement and expansion of business
35
This is one of the crucial decisions regarding the kind and proportions of
several sources of fund on the basis of profitability of the firm.
Choices of sources of finance:
Before the actual procurement of funds the finance manager has to decide the
sources from which the funds are to be raised.
Procurement of fund:
After, estimating the capital requirement and deciding the sources of finance,
the financial manager take steps to procure the funds.
Utilization of funds:
The funds procured by the finance manager are to be prudentially invested in
various effects so as to maximize the return on investments.
Disposal of profits
The financial manager has to decide whether the profit should be retained for
ploughing back or distributed as dividend.
Management of cash and working capital
It involves forecasting the cash inflows and outflows to ensure that there is
neither shortage nor surplus cash with the firm.
Financial Control:
The technique of financial control includes budgetary control, cost control,
internal audit, break even analysis and ratio analaysis.
Fund Management:
It involves proper utilization of inflow and outflow of funds. As far as Dennis
Morton is considered cash inflow is mainly sourced from Gsons,Gents Gallery,Gsons
Readymade and Anashwara Textiles, Day to day expenses is met mainly from
temporary sales account of the company.
Fund Management involves
1. Daily requirements of the cash and making withdrawal of cash.
2. Communicating with the Gsons account manager reporting the amount of cash
requirement.
3. If the company falls short of cash necessary arrangements are made to
36
4. Withdraw funds from overdraft account of the company Receipt of cash from the
bank and transferring it to cash inflow of the company.
5. Maintenance of necessary books and register for external borrowings.
6. Repayment of loan amount and overdraft.
7. Budgeting
Capital refers to the money or moneys worth. Introduce or invested by owners of the
business in a running business capital or net worth refers to the excess of asset over
liabilities.
Dennis Morton possess an issued capital of Rs.20,00,000.
Sources of fund
Sources of fund are evaluated on the basis of profitability ,flexibility and
supply of funds.
The main sources of funds of Dennis Morton are1.
2.
3.
4.
BANKER
Banker of a company largely influences the financial structure of a company.
Therefore, it is important for any company to bank with good banks. State Banks of
India is the banner of Dennis Morton.
Financial Policy
Every company has its own unique financial policies .The policy must contain
details regarding procurement of finance and allotments of cash for various purposes.
In Dennis Morton ,the brief financial policy is to bring funds through overdraft
account from bank and from its sister concerns as they move out for various expenses.
Another feature is that the Managing Director signs all the purchase indents .Other
document too like bills. vouchers and documents
37
The company enjoys subsidies from the government which the firm has invested
in its plants and machinery and electrification (15%) and also in generator sets (50%).
This subsidy is allotted by the Government for promoting Small Scale Industries. The
auxiliary subsides including sales tax exemption
Cost Accounting
Separate cost sheet is prepared by the finance manager which usually consists of
following details.
Raw materials
Fuel Charges
Manufacturing Charges
Power and Lighting
Labour Cost
Repairs
Depreciation
Transportation
Insurance
Finance Manager
Clerk Accountant
Section
Auditing
PRODUCTION DEPARTMENT
Production management should be very efficient in the manufacturing units of
a company in order to turn out good products. It needs to be well planned, organized
and controlled in order to have an efficient output. Concept of production is not a one
sided aspect. They raw materials, machinery, equipment, plant labourers, production
planning, production schedule etctill the final product.
The machine of the company is completely imported from and is
technologically advanced and highly sophisticated automatic machines.
39
NAME
QUANTIT
VALUE (In
Y
50
Lakhs)
6.54
JUKI, JAPAN
DOUBLE NEEDLE FEED OF ARM, JUKI,
3
4
5
6
JAPAN
FUSING MACHINE HASHIMA, JAPAN
EMBROIDERY MACHINE, PFAFF JAPAN
THREAD OVERLOCK MACHINE, SIRUBA
DOUBLE FIVE THREAD SAFETY STITCH,
2
1
1
1
5.92
1.65
0.34
0.48
7
8
JUKI
STEAM PRESS, JSS
DOUBLE NEEDLE LOCK STITCH SIDE
5
2
0.77
1.27
9
10
11
12
13
14
15
16
17
18
19
CUTTER JUKI
DOUBLE NEEDLE LOCK STITCH, JUKI
CUTTING MACHINE, EASTMAN, U.S.A
OVERLOCK MACHINE, JUKI
5 THREAD FLATLOCK MACHINE,SIRUBA
BUTTON SEWING MACHINE,JUKI,JAPAN
BUTTON HOLDING MACHINE,JUKI,JAPAN
KIROLSKAR 160 KVA D.G.SET
RALSONS EMBROIDERY SEWING MACHINE
THERMAX OIL FIRED BOILER, RAMSONS
GARMENT PROCESSING MACHINE
RAMSONS STEAM HEATED TUMBLE
1
1
1
1
1
1
1
2
1
1
1
0.56
0.43
.337
0.47
0.31
1.56
8.20
0.14
2.84
1.62
0.97
MARKETING DEPARTMENT
40
retailer
consumer
The company has got agents in international markets in USA,UK and UAE who takes
orders for the shirts and report to the market. These agents are paid certain sum of
commission as apart of their payment. After receiving the orders from international
dealers, the goods are sent through water-way i.e. by ship, to ensure the safe transfer
of goods through marine insurance.
MAIN COMPETITORS
In the case of Dennis Morton ,the company Dennis dominates the market is
most of southern Kerala.Howerever ,the chief competitor of Dennis Morton is based
in both north and south Kerala. Some of the competitors are:
Sero Shirts
Dh shirts
Don Boston shirts
Indigo nation
Scullers
Writer
41
John Players
The company always aims at reducing the production cost which will enable them to
lower the price of the product. Thus they can attract large number of customers and
retain existing customers of the product.
Market Share
Dennis Morton is one of the pioneers in manufacturing shirts. It is considered
to be number one as far as production of shirt is concerned .So the company by using
its strict quality standard has been able to occupy a greater share in the shirt market.
The greater market share of Dennis Morton shirt is concentrated on south India.60%
of the market share is from the silk share and 40% is from the casuals.
Strategies to face competition
Every company has to device certain strategies to face competition from its
chief competitor. The efficiency of these strategies are determining factors that
decides how successfully the company will be able to meet.
Competitions
Dennis Morton adopts various strategies in order to overcome competition in
Kerala and also outside the country.
As a primary slip, the company gives a reduction in price to its dealers who
make bulk order and special rebate is given to those dealers who make prompt
payment. The rebate allowed ranges from 2-10%.
Advertisements
Dennis Morton shirts are mainly advertised through print medias such as
magazines and through hoardings .The company maintains a special reserve for
advertising purposes. Dennis Morton shirts once in a year in major magazines and
through hoardings.
The major as-agencies working for Dennis Morton shirts are:
<TDI International (Airport area hoardings)
<Pixel magic
<Maveli advertisers
<Right view advertisers
42
<Valappila communications
The company makes a spot payment for hoardings and installment payments for
publications.
Dennis Morton shirts are mainly advertised through in:
<Vanitha
DELAERS
Dealers are an important part of manufacturing companys distribution
network.Delaers promote the sale of companys product and popularize them.
Dennis Morton shirts have wide range of dealers in both local markets as well as in
international markets .
Some of the dealers in local market are:
43
SALES POLICY
Policies are the guiding principle set by the company to govern action, usually
repetitive action. A comprehensive sales policy and a strict adherence to its provision
ensure the success of business. It is on the grounds to achieve customer satisfaction
and consumer goodwill that the sales policy is prepared .Once high reputation is
established through fair trading, the enterprise will face minimum sales resistance and
it will gain considerable competitive strength.
Dennis Morton shirts are usually sold out to the dealers on credit. The
company gives 30 days credit period to the dealer and if the dealer and if the dealer
fails to meet the payment ,the credit period is further extended with a reduction in the
margin. Sound sales policies, reliable quality goods and fair trade practices are the
watch words of the company.
44
materials of the right quality at the right time from the right source and at the right
place.
Purchase department carries out the procurement of all indigenous items like
raw materials, machinery, other instruments etc. Purchasing department is responsible
for purchase of raw materials needed according to the demand of the organization.
The purchase department of the company must always be ready to supply to raw
materials whenever it is required. Another important duty of the purchase department
is to ensure that the purchased items should be of specified quality in desired quantity
available at the prescribed time at competitive price.
For all kinds of manufacturing, the stock must be sufficient in stores
department. If it is not forecasted correctly it will affect the entire working of the
organization. The purchase officers are the people who are responsible for discharging
purchase functions
Purchasing and Stores Department in GSons Apparels
Dennis Morton follows a centralized store system. The stock of fabrics and
other accessories are stored at one place (store). This helps the fabric inspectors and
store keeper to check the fabric purchased quickly. Thus maintaining and handling of
materials becomes very comfortable.
The store keepers and purchase manager has to select the source (supplier)
from which they have to purchase. The company for this purpose follows two
methods:
1. They depend up on the suppliers tenders and rate them.
2. They follow directly to the supplier who is having personal contact with the
company or negotiation is conducted among Managing director and the
Managers.
Functions of Purchasing Department
Obtaining prices.
Selecting vendors.
Placing purchasing orders.
45
46
Fabric received is verified with the purchase order and invoice. It is then
written in cutting book and stock register and the same is informed to the
cutting master.
An accessory received as compared with the purchase order and invoice, and
is written in goods inwards book. Then verify the material.
Damaged/ Rejected fabric if any are noted in the return file nature some is
informed to the manager for further action.
Damage fabric return to the company as per the advice of the manager.
Issues accessories to all departments and the save as deducted from the stock.
When the stock is less than minimum stock level it is informed to the
manager for re-ordering.
Submit the details of purchased and accepted materials to the account section
for the payment of bills.
Monitor the performance of the supplier and report to the managing director
and manager.
47
International Audit schedule monthly which helps to check the overall performance of
the company in all its departments.
The Quality OBJECTIVES of GSons Apparels are: Reduce rework in sticking by 5%
48
To identify and establish 7-10% new customer in the local market by the end
of every year.
To increase the turnover by 10% during 2007-08.
The company prepares monthly Internal Audit Schedule.
Then conducts
100% inspection in all stages of production and prepares fabric checking report and
also prepares final inspection before despatching. Then one important quality control
technique adopted by the company is the Acceptance Quality Limit (AQL). It shows
certain norms that are used to decide whether to accept or reject or to check the
quality is maintained or not.
49
EXPORT DEPARTMENT
Exporting is the process of transfer and sale of goods to other countries.
Export is considered to be a new deviation as far as Dennis Morton is concerned. It is
the prime revenue generating department. Most of the shirt manufactured is exported
to various countries. All the export dealings are carried out under the guidance of
50
Export Manager. Dennis Morton has got separate branch office at Kannur where all
the export transactions are organized and performed.
Dennis Morton shirts are mostly exported to Middle East and it comprises
51% of the total sales.
EXPORT PROCESS
1. Order Collection
The first step in export procedure is to collect order from the foreign countries.
Export agents mostly carry out this function. Shade cards are sent to the agents who
present it before various dealers. The agents through fax inform selected shades.
2. Processing of export orders
Once the orders are received, these orders are processed by making sure the
availability of the shades. The shades selected by the dealers are then sent to the
production department where necessary requisition is made to start the delivery.
3. Processing of Shipping Bill
The goods are transported through waterways and the security of goods is
ensured by marine insurance. The insurance notice is received from the insurance
company, which is directed to the branch office where the insurance amount is billed.
4. Inspection of Goods
After processing of shipping bill, the goods are inspected to make sure that
there is no chance for rejection of goods by the dealer. The goods are inspected by the
Inspector- in- charge who heads the Inspection department.
5. Shipping
The goods thus inspected are then sent to the party by the clerk of the
company. The goods sent to the port are then left to the port-in-charge to have it
checked and then is loaded into ship.
EXPORT PROCESSING CHART
51
Order
Collection
52
53
and thereby incrementing the payment based on their performance. For the employees
grade on basis of performance.
OVER TIME ALLOWANCES
In season timing when the demand for the product increases, the company
goes for overtime work as to meet the ordes.Then the employees work during the
legal holidays also.
The allowances for overtime job is fixed as double the normal wage.
INCENTIVES
A company provides incentives to its employees for increasing the morale of the
employees and also to uplift their spirits and commitment towards the organization.
Some are forces to adjust and comply with the present job.
Some of the incentives provided by Dennis Morton are:
1.PROVIDENT FUND
This is one of the allowances given to the employees for their security in
future. The PF is fixed at5 24% of the gross salary, out of which 12% is taken from
employees salary and the rest 12% will be paid by the company.
2. EMPLOYEE STATE INSURANCE:
Dennis Morton provides ESI facility to its employees. The employee enjoy an
ESI of 6.5% of their gross salary out of which 4.75% will be paid by the company.
Through this ESI scheme, the workers can have free medical check ups from ESI
hospitals.ESI hospital is not applicable to employees having salary more than
Rs.7500.
3.
SICKNENSS BENEFIT
In case of accidents, inside the factory the workers are given incentives for
HOSUING FACILITY
The workers are provided with company quarters around the factory area. The
company possess 200 line rooms in the surrounding area of the company.
5.
TRANSPORTATION
54
The workers are provided with transportation facility for the safe and in time
reach to the company. The company owns its fleet of transportation.
6.
FESTIVAL BONUS:
The workers are given bonus on special occasions like onam and vishu.The
company divides 15% of its gross profit among the employees as festival bonus.
7.
CANTEEN:
The company has its own canteen facility to serve for its employees. The
canteen is located in an area of about 1200 esq.with over 200 seating arrangements.
Order collection
The orders are collected through agents who enclose all the datas about the
demand of the subscriber and even the delivery date which is very crucial.
Processing of Export Order
Soon after the collection of order all efforts are made to meet the requirement
at the given dead line.
Processing of Shipping Bill
All formalities are duly met such as the excise duty, insurance etc for the
proper delivery of goods.
Inspection of goods
Goods meant for are checked for damages by a special quality circle team.
Human Resource Department in G Sons Apparels
The Human Resource Department undertakes recruitment, selection training,
appraisal compensation, welfare activities, motivation etc. It establishes the need for
staff, advertises job vacancies, receives applications and conduct interviews.
GSons apparels employs over 200 workers in the factory out of which 170 are
women and the rest 30 of them lies in the managerial level. The company also
employs special agents both in local and international markets for smooth and quick
marketing purposes it also employs 3 security guards in the factory for safety from
theft and fire.
INDUSTRY RELATIONS
55
maintained. In Dennis Morton, since commencement from 1998 there were no strikes
or grievances from the part of employees. The company hears the problem of workers
and provides adequate incentives and allowances.
WAGES
The company provides adequate wages to the employees as to maintain
reasonable standard of living.
employees where the amount of wages paid and the details about the incentives are
recorded. The wages are paid in accordance to the level of performance. For this
purpose employees are graded on basis of performance.
The grade given to the workers are as follows:PERFORMANCE
Below standard
Average
Above Standard
GRADE
C
B
A
WAGES
80% of fixed salary
Full salary
Salary + Allowances
The amount of wages fixed for the workers per month are as follows
WORK
Stitching
Checking
Cutting
Ironing
SALARY (Rs)
2500
2000
2500
2000
The employees are paid for the number of days they have worked in a month. The
employee is absent for a work the salary is cut from the fixed salary. The amount of
salary to be deducted is decided by the partners.
WORKING HOURS
56
The working hours of the company is from 9am and to 5.30 pm with a one
hour lunch interval as per the notice exhibited on the notice boards of the factory.
RECRUITMENT
The major recruitment in the company is through external source of
recruitment, through the recommendation of the existing employees. Under this
source the requirements notified among employees and they recommend outside
person for recruitment.
production process and for those below standard are given training.
TRAINING
The employees are trained for a period of three months to perform their job
efficiently and help them to learn the advanced stitching, cutting, buttoning and other
machines in the factory. The company adopts on the job training method where the
employees are placed in a machine inside the factory. The employees learn by
personal observation and practice under the guidance of the production manger.
57
PERFORMANCE APPRAISAL
A periodic performance evaluation is done by the Company to evaluate the
employees performance in various areas like leadership, quality awareness,
intelligence etc. For performance evaluation the company uses a graphic rating scale
which specifies several numerical scaled used to represent a job related performances
criteria and personality traits of each employee given to the rater. The rater gives a
score to specific qualities related to each employee in the firm. Those employees
whose performance is not found satisfactory are given necessary training to improve
their performance.
COMPENSATION
Adequate and reasonable compensation is paid in or before the seventh
working day of the next month. Workers are paid according to their grade the
company follows piece rate system. Workers below the standard level are 80% of the
fixed salary. Workers above standard are given the salary along with allowances.
INCENTIVES
The workers are considered to be the back bone of any industry. If the
workers are dissatisfied with the pay then the work relationship of employees get
disturbed. It is necessary that the company should look in to employees need and
provide incentives to meet those needs. Some of the incentives provided are:
1. Provident fund
This is one of the allowances given to the employees for their security in
future. The provident fund ratio is fixed at 24% of gross salary; out of which 12% is
taken from employees and the rest 12% will be paid by the company.
2. Employee State Insurance (ESI)
Dennis Morton provides ESI facility to its employees. The employees enjoy an
ESI of 6.5% of their gross salary out of which the company will pay 4.75%. Through
the ESI scheme, the workers can have free medical check up from ESI hospitals. ESI
facility is not applicable to employees having gross salary more than Rs7500.
58
3. Sickness Benefit
Incase of accidents inside the factory the workers are given incentives for their
healthy contribution to the company.
4. Increment
Increment shall depend on efficiency, conduct and satisfactory performance of
individual duties. It will also consider the date of completion of one year service for
confirmed workmen and payment will be made effective from the first of the month in
which he completes one year.
5. Transportation
The workers are provided with the transportation facility for their safe and intime reach of the company. The company possesses for vans for this purpose.
6. Bonus
Bonus is an allowance addition to what is usual, current or stipulated. A sum
given or paid beyond what is legally required to be paid to the employees. Bonus is
paid to all workers in the company irrespective of their individual efficiency and
performance on the job. Employees are provided with 8.33 bonuses from the fixed
salary. They are also given festive bonus during special occasions like Onam, Eid,
Christmas ,etc
LEAVES AND HOLIDAYS
The workers are eligible for leave as per the Factory Act. Sunday is a holiday
for workers. A worker who avail leave on medical grounds and if it exceeds three
days, then they should provide medical certificates.
The holidays for the workers of the company shall be governed by provision
for Industrial Establishment Holiday Act. Management has the right to declare any
other day paid or unpaid holiday without any notice.
STRUCTURE OF HUMAN RESOURCE DEPARTMENT
59
MANAGING DIRECTOR
PERSONNEL MANAGER
Appraiser
Clerk
60
Workers
TABLE 1
Gender wise distribution of Respondents
Gender
No. of respondents
Percentage
Male
15
75
Female
25
Total
20
100
Male
Female
INTERPRETATION
Most of the employees are male. 75% of the respondents are male and remaining
25% are female.
TABLE 2
61
Age
No. of respondents
Percentage
Below 30
25
30-40
10
50
40-50
15
Above 50
10
Total
20
100
60
50
40
30
20
10
0
Below 30
30-40
40-50
Above 50
INTERPRETATION
The study shows that the ages of 50% of the respondents are between 30-40 years,
25% of the respondents are below 30 years, 15% of the employees are between 40-50
years and remaining 10% of them are above 50 years.
TABLE 3
62
No. of respondents
Percentage
SSLC
25
Plus two
10
Graduation
45
Post graduation
20
Other
Total
20
100
Qualification
45
40
35
30
25
20
15
10
5
0
SSLC
Plus two
Other
INTERPRETATION
Most of the employees working in the organization are degree holders.
TABLE 4
63
Years Working
No. of respondents
Percentage
0-3
15
3-5
30
5-7
30
More than 7
25
Total
20
100
30
25
20
15
10
5
0
0-3
3-5
5-7
More than 7
INTERPRETATION
Most of the employees working in the organization are experienced more than 3
years.
TABLE 5
EMPLOYEES OPINION REGARDING THE ORGANISATION
64
Responses
No. of respondents
Percentage
Excellent
13
65
Good
25
Average
10
Poor
Total
20
100
Poor
Average
Good
Excellent
10
20
30
40
50
60
70
INTERPRETATION
65% of the employees opine that the organization is excellent. 25% says that it is
good, while 10% feels that the organization is average.
TABLE 6
65
Responses
No. of responses
Percentage
Strongly Agree
10
50
Agree
25
Neutral
15
Disagree
10
Strongly disagree
Total
20
100
50
45
40
35
30
25
20
15
10
5
0
Strongly Agree
Agree
Neutral
INTERPRETATION
75% of the workers are confident that the employees designation is purely based on
the educational qualification and skills they posses. However, 10% believe that it is
based on some other factor and the remaining 15% neither disagrees nor agrees to any
of this.
TABLE 7
EMPLOYEES OPINION REGARDING THEIR SALARY
66
Responses
No. of responses
Percentage
Highly satisfied
35
Satisfied
30
Neutral
30
Dissatisfied
Strongly disatisfied
Total
20
100
CHART -7
40
35
30
25
20
15
10
Percentage
5
0
INTERPRETATION
65% employees agrees that company provides satisfactory salary according to the
work while 30% are in neutral and remaining 5% showed clear dissatisfaction on their
remuneration.
TABLE 8
EMPLOYEES OPINION REGARDING PROMOTIONAL POLICIES
67
Responses
No. of responses
Percentage
Strongly Agree
20
Agree
35
Neutral
25
Disagree
20
Strongly disagree
Total
20
100
CHART 8
35
30
25
20
15
10
5
0
Strongly Agree
Agree
Neutral
INTERPRETATION
55% of the employees agree that promotional policies of the organization are
satisfactory whereas 25% are in neutral and the remaining 20% disagrees to this.
TABLE 9
EMPLOYEES OPINION REGARDING INFRASTRUCTURAL FACILITIES
WITHIN THE ORGANISATION
68
Responses
No. of responses
Percentage
Strongly Agree
10
50
Agree
40
Neutral
Disagree
Strongly disagree
Total
20
100
50
45
40
35
30
25
20
15
10
5
0
Strongly Agree
Agree
Neutral
INTERPRETATION
50% of the employees are highly satisfied, and 40% are moderately satisfied with the
infrastructural facilities within the organization. However 5% of employees showed
dissatisfaction about it.
TABLE 10
EMPLOYER EMPLOYEE RELATIONSHIP
69
Responses
No. of respondents
Percentage
Excellent
30
Good
11
55
Poor
15
Very Poor
Total
20
100
Very Poor
Poor
Good
Excellent
10
20
30
40
50
INTERPRETATION
About 30% of employees say that there is an excellent relationship between the
superior and subordinates in the organization and 55% are of opinion that there is
good relation between them. Only 15% feels poor about this relation.
TABLE 11
OPINION TOWARDS EMPLOYEES WORKING HOURS
70
60
Responses
No. of responses
Percentage
Strongly Agree
12
60
Agree
30
Neutral
Disagree
10
Strongly disagree
Total
20
100
60
50
40
30
20
10
0
Strongly Agree
Agree
Neutral
INTERPRETATION
Majority of the employees are satisfied with the working hours of the organization,
90% falls to this category. 10% showed dissatisfaction with the working hours of the
organization.
TABLE 12
OPINION REGARDING THE APPRECIATION AND REWARDS
Responses
No. of responses
71
Percentage
Strongly Agree
35
Agree
25
Neutral
30
Disagree
10
Strongly disagree
Total
20
100
35
30
25
20
15
10
5
0
Strongly Agree
Agree
Neutral
INTERPRETATION
35% strongly agree and 25% agree that employees get appreciation and reward if
the desired work or target accomplished. Only a very few disagrees to this.
TABLE 13
EMPLOYEE GRIEVANCE IN THE ORGANISATION
72
Responses
No. of respondents
Percentage
15
Working condition
14
70
Promotion
15
Total
20
100
70
60
50
40
30
20
10
0
Wages and salary
Working condition
Promotion
INTERPRETATION
The study shows that 70% of the respondents have the opinion that the grievance is
caused due to problems in working condition, 15% of them have the opinion that
problems arises from promotional and rest 15% say that grievance arises from matters
concerning from wage and salary.
TABLE 14
EMPLOYEE SATISFACTION WITH THE GRIEVANCE REDRESSES
SYSTEM
73
Responses
No. of respondents
Percentage
Highly satisfied
20
Satisfied
13
65
Not satisfied
15
Total
20
100
70
60
50
40
30
20
10
0
Highly satisfied
Satisfied
Not satisfied
INTERPRETATION
The study shows that 20% of the respondents are highly satisfied with the grievance
redresses system on the organization and 65% of them are satisfied with the grievance
redresses system and 15% of the employees are not satisfied.
TABLE 15
LEVEL OF JOB SECURITY FEELINGS
Responses
No. of respondents
74
Percentage
Highly secured
30
Secured
14
70
Not secured
Total
20
100
Not secured
Secured
Highly secured
10
20
30
40
50
60
70
INTERPRETATION
About 70% of the employees have the opinion that there is job security in the job,
30% of the employees say that there is high job security and no one feels unsecured
with the job.
TABLE - 17
OPINION REGARDING THE AUTHORITY GIVEN TO EMPLOYEES TO
PERFORM THEIR DUTIES
75
Responses
No. of responses
Percentage
Strongly Agree
12
60
Agree
30
Neutral
10
Disagree
Strongly disagree
Total
20
100
60
50
40
30
20
10
0
Strongly Agree
Agree
Neutral
INTERPRETATION
About 90% of the employees agree that employees in the organization have necessary
authority to perform their duties effectively.
TABLE 19
OVERALL SATISFACTION AS EMPLOYEE OF THE ORGANISATION
Responses
No. of respondents
76
Percentage
Highly satisfied
25
Satisfied
14
70
Not satisfied
Total
20
100
80
70
60
50
40
30
20
10
0
Highly satisfied
Satisfied
Not satisfied
INTERPRETATION
The study shows that 70% of the employees are satisfied with the overall functioning
of the organization. About 25% of them are highly satisfied and 5% of the employees
are not satisfied.
FINDINGS
Compared to the number of female employees the best part of the employees
working in the organization is male.
77
Most of the employees working in GSons Apparels belong to the age group of
30-40 and they have the work experience with more than 3 years.
A great portion of employees working in GSONS Aparels is graduate.
The employees are highly satisfied their salaries.
Majority of the employees think that the organization follows better
promotional policies.
Employees in this organization are highly satisfied towards the infrastructural
facilities within the organization.
A good percentage of employees believe that there is an ideal relationship
between employers and employees.
A major part of employees have problems or grievances regarding their
working condition.
Majority of the employees are highly satisfied with the working hour of the
organization.
Employees are satisfied with the appreciation and reward they get after
accomplishing the desired work or target.
Most of the employees believe that their job is secured.
78
SUGGESTIONS
As the participation of women employees is low, the organization must provide better
opportunities for increasing the participation of women employees.
Majority of the employees are experienced more than 3 years. It reduces the
opportunity' of fresh hands. So the organization should consider recruiting of new
employees.
Salaries paid must be made adequate in relation to the work performed by the
employees.
Majority of the respondents are moderately satisfied with most of the infrastructure
facilities therefore the organization can improve those facilities which will help to
increase overall productivity.
The conditions of work place can be improved so that it induces a spirit of selfrealization and consciousness in the mind of the employees.
More performance appraisal can be done so that it increases the level of job
satisfaction.
CONCLUSION
The study was conducted in GSons Apparels, Kannur. From the study it has been
understood that some of workers are satisfied with some factors like wages offered, other
incentives provided etc. The company needs to improve ion various other factors that include
introduction of a grievance cell in order to settle the disputes among employees, to provide
promotional opportunities ,rest room facility etc in order to ensure that there is satisfaction
among the employees related to the welfare schemes offered.
BIBLIOGRAPHY
BOOKS REFERRED:
K. Ashwathppa -
P. Subba Rao
S. P. Gupta
Statistical Methods.
WEBSITES
www.dennismorton.com
www.textiles.India.co.in
www.Apparels world.com
QUESTIONNAIRE
PERSONAL DATA
NAME:
GENDER:
MALE
AGE:
Yrs.
EDUCATIONAL QUALIFICATION:
GRADUATION
FEMALE
SSLC
PLUS TWO
POST GRADUATION
OTHER
From how many years you have been working with this organization?
0-3
3-5
5-7
QUESTIONNAIRE
1. Your opinion regarding the organization?
Excellent
Good
Average
Poor
Strongly agree
Agree
Neutral
Disagree
StronglyDisagree
Strongly agree
Agree
Neutral
Disagree
StronglyDisagree
Strongly agree
5.
Agree
Infrastructural
Strongly agree
Agree
Neutral
Disagree
facilitieswithin
Neutral
the
Disagree
StronglyDisagree
Company
is
satisfactory.
StronglyDisagree
ExcellentGood
Agree
Neutral
Disagree
StronglyDisagree
Not satisfied
11. What do you feel about the job security provided by the organization?
Highly secured
Secured
Not secured
13. Employees in the organization have necessary authority to perform their duties
effectively.
Strongly agree
15.
Rate
your
Highly Satisfied
Agree
Overall
Satisfied
Neutral
Disagree
Satisfaction
as
an
StronglyDisagree
employee
Not satisfied
of
the
organization.