Académique Documents
Professionnel Documents
Culture Documents
CHAPTER-1 INTRODUCTION
1.1 Introduction about study
CHAPTER-III
3.1 Statement of problem
5. Suggestion of Company
LIST OF CHARTS
5. Suggestion of Company
6. Is any Duplicate Item to sale
do if the goods and services bought are found out to be bad in quality or unreasonably priced or
measured less in quantity etc. In such situations the consumers, instead of getting satisfaction,
feel cheated by the sellers who have sold the goods and services. They also feel that they should
be properly compensated for the loss. So there should be a system to reddress such issues. On the
other hand consumers should also realize that they do have responsibilities not just rights.
Anyone who consumer goods are a consumer. Consumer gets exploited in the market. They
respond to advertisements and buy goods. Generally, advertisement does not give all the
information that a consumer needs to know or wants to know about a product. Kautilya was one
of the earliest to write in his Arthasastra about the need for Consumer awareness and protection.
With the growth of private sector there is a greater need for discipline and regulation of the
market. Consumers must be aware of the sale and purchase of goods, the health and security
aspects also. Ensuring the safety of food items sold in the market is essential these days.
marketing term which means that consumers are aware of products or services, its characteristics
and the other marketing P’s (place to buy, price, and promotion).Though the first consumer
movement began in England after the Second World War, a modern declaration about
consumer’s rights was first made in the United States of America in 1962, where four basic
consumer rights (choice, information, safety and to be heard ) were recognized. Ralph Nadar, a
guidelines to achieve the objectives of maintaining protection for consumers and to establish
high level ethical conduct for those engaged in production and distribution of goods and services.
High prices, duplicate articles, underweight and under – measurements, rough behavior, undue
conditions, artificial scarcity are some of the ways by which consumers are exploited by
manufacturers and traders. Limited information, limited supplies and low literacy are factors
In India, the concept of consumer protection is not new. References to the protection of
consumer’s interest against exploitation by trade and industry, underweight and measurement,
adulteration and punishment for these offences, were made in Kautilya’s ‘Arthashastra’.
recent phenomenon. The consumers have to be aware not only of the commercial aspects of sale
and purchase of goods, but also of the health and security aspects. Food safety has become an
important element of consumer awareness these days. In case of food products, its quality
depends not only on its nutritional value, but also on its safety for human consumption.
suffering.
This called for strong legal measures to ensure that the manufacturers and sellers observe
uniformity and transparency in prices, stocks and quality of their goods.Enactment of Consumer
Protection Act, 1986 was one of the most important steps taken to protect the interests of
consumers. The provision of the Act came into force, with effect from July 1, 1987. The act
recognizes consumer’s right to seek redresses and right to consumer education. The salient
Enshrines the consumer’s rights related to safety, information, choice, representation and
The act gives consumers an additional remedy besides those which may be available to
them under the provisions of other existing laws and they are free to choose the remedy.
There are no legal formalities for filing the complaint. Suppose, you find yourself cheated
by trader or a manufacturer and wish to make a complaint to consumer court, you can write the
details on a plain paper. Attach the supporting documents, that is, guarantee or warrantee card
and cash memo with the complaint and submit it in the district consumer court. You do not have
to go to any lawyer or professional for legal assistance. You yourself can plead the case in the
consumer court.Since, the enactment of the Consumer Protection Act and even before that,
newspapers and magazines have been responding to the needs of consumers. Apart from
publishing articles, columns etc newspapers have also tried to come to the rescue of harassed
consumers. The Indian Express was one of the first newspapers to start a consumer complaint
column.
Who is a consumer?
To begin with, let us know the definition of a consumer. A consumer is the buyer of
goods and services. The user of goods and services with the permission of the buyer is also
treated as a consumer. But a person is not a consumer if he/she purchases goods and services for
resale purpose.
Consumer Awareness
Consumer awareness refers to the combination of the following : (i) The knowledge of
the product purchased by the consumers in terms of its quality. For example the consumer should
know whether the product is good for health or not, whether the product is free of creating any
environmental hazard or not etc. (ii) The education about the various types of hazards and
problems associated with marketing of a product - For example, one way of marketing a product
is advertisement through news papers, television etc. Consumers should have proper education
about the bad effects of advertisement. They must also verify the contents of the advertisement.
(iii) The knowledge about ‘Consumer Rights’ - This means that, first, the consumer must know
that he/she has the right to get the right kind of product. Secondly, if the product is found out to
be faulty in some manner, the consumer should have knowledge of claiming compensation as per
the law of the land. (iv) The knowledge about consumer’s own responsibilities- This implies that
Rights:-
genuine grievances.
consumers.
Duties:-
1. Get a bill for every important purchase and also the Warranty card
RESPONSIBILITIES OF CONSUMERS
1. BEFORE BUYING
•Planning in advance
•Enquiring about reputation and past performance of producer / seller / service provider
2. WHILE BUYING
•Enquiring about after-sales service and ensuring availability, phone number, address and e.mail
of service center
3. AFTER BUYING
•In case of fault inform dealer and service center. Do not meddle or repair yourself
The Act envisages a three tier quasi judicial system. They are known as (i) District Consumer
Disputes Redressal Forum (ii) State Consumer Disputes Redressal Commission and (iii) National
1.Simple formalities
consumer(s)
6.Less expensive
7.Compensation can be claimed for the loss suffered including mental agony
f.Misleading advertisements
Grievance Redressal
•Consumer should send a detailed petition to the dealer / service provider through registered post
pointing out the defect / deficiency and details regarding relief sought for
•If the dealer / service provider not responded in time consumer may approach District
Consumer Protection Council headed by District Collector (for districts other than Chennai) or
Commissioner of Civil Supplies and Consumer Protection (in Chennai) or Reputed Consumer
Organisation who will besending notices to the dealer / service provider on behalf of consumer
•If no remedy available through all above agencies, then relevant Consumer Disputes Redressal
Commission / Forum as the case may be approached to file a complaint against dealer / service
provider
Public Distribution System Outlets (ration shops) are distributing commodities against family
•Display board is placed in front of every shop indicating available commodities and their
•In the absence of any of above complaint can be made to Civil Supplies and Consumer
•Providing consumer education to rural masses through Women Self Help Groups / Panchayat
Level Federations and through Residents Welfare Associations / Apartment Owners Associations
in Urban areas
•Publication and distribution of monthly magazine under the caption “Tamil Nadu Nugarvor
Kavasam”
•Propagating consumer awareness messages through Radio / Television Media and short video
films With the motive of developing Citizen as “Valuable Consumer” various consumer
organisations are serving together with Government of Tamil Nadu in providing consumer
Vasanth & Co., established in the year 1998, is a Chartered Accountancy firm based in
Bangalore, India. The firm consists of committed professionals with specialized skills, servicing
wide range of business needs, believes strongly in creating and enhancing value for Clients. We
exist because of our clients. Client satisfaction is our primary objective. We achieve this by using
contemporary processes, tools, and acquisition & application of expertise domain knowledge.
INDUSTRY SPECIALIZATION
1. STP/EOU/SEZ
2. Information Technology
3. IT Enabled Services
4. Manufacturing
5. Engineering
6. Construction
7. Hospitality
OUR CULTURE
We focus on building a relationship with our clients that is clear, lawful, ethical, friendly and
1. Proactive
2. Practical
3. Punctual
4. Professional
5. Responsive
Vasanth Kumar, founder of Vasanth & Co., Chartered Accounting Firm and is a Fellow Member
of Institute Chartered Accountants of India, qualified in the year 1998 and having nearly two
US, Japan, China, Europe's and further to post qualification worked with senior professionals in
chartered accountancy firm for two Years and attained the expertise knowledge in handling
matters relating to Direct and Indirect Taxation, FEMA Compliances, Statutory and Internal
Audits of Public Sector Units, Listed Companies of diversified industries and scale of business,
Having established his own practice in the name of "Vasanth & Co.," Chartered Accountants
with a vision to assure the Quality and Timely Service in Audit,Assurance and Advisory services
upof Business, Accounting and Business/ Knowledge Keeping Technology at his Heart works
with many start up technology companies as a Mentor and advisor in assisting them to set up
their operations, to get seed funds from banks and HNI's and assisting them to move to the next
level of business.He also actively participates in various Social & Charitable Activities and out
2. A Member of Ethical Committee in "Gunasheela Institute For Research In Cancer & Fertility
Centre"
Amarnath is a Fellow Member of Chartered Accountancy Institute of India, qualified in the year
2007 and having an experience of over 5 years as a Chartered Accountant. He holds Bachleors of
Pre qualification worked as a Manager with M/s. Vasanth & Co., Chartered Accountants. Post
Qualification, He became Partner of M/s. Vasanth & Co., and attained expertise deomain
knowledge in Statutory and Internal Audits of Private and Limited Companies and NGO's and
Keen observer on latest happenings in technology companies and worked with many start up
tech companies helping them to comply with regulations. Member of Charitable Organization
helps people on education, working on eradication of malnutrition problems among the children
and an active member of M/s. Aid the Ailing Association, Bangalore which works for the
Chartered Accountancy, who qualified in June 2009 and did his Article ship under Sri Vasanth
Kumar, founder of Vasanth & Co., and after qualifying as a Chartered Accountant, served as an
Audit Manager and later in the year 2012 become a Partner in Vasanth & Co., Chartered
Accountants. He is also pursuing Cost Accountancy Final from The Institute of Cost Accountants
of India and also a graduate in Costing & Commerce from Madurai University and topper in
College as well as in School. He has interest and passion for teaching, also served as a faculty in
LITERATURE SURVEY
2.1 LITERATURE REVIEW
The review of literature presented below is limited to the eight basic consumer rights as
defined by Consumers International (2011) and adopted by the National Consumer Affairs
Council of the Department of Trade and Industry in the Philippines are presented below.
consumers.
The first right refers to basic needs. This right ensures availability of basic goods and
services to consumers at affordable prices and of good quality. It includes adequate food,
clothing, shelter, health care, education, public utilities, water and sanitation to lead a decent life.
Based on these human needs, the United Nations Guidelines on Consumer Protection defines
sustainable consumption as including “meeting the needs of present and future generations for
goods and services in ways that are economically, socially and environmentally sustainable”
(United Nations, 1999). The Universal Declaration of Human Rights in 1948, Paris (Article 25),
as cited by United Nations Educational Scientific and Cultural Organization (UNESCO) further
signifies that "Everyone has the right to a standard of living adequate for the health and well-
being of himself and of his family, including food, clothing, housing and medical care and
The second right pertains to safety. This right assures consumers to be protected against
marketing of goods which are injurious to health and life. Consumers are assured that
manufacturers of consumer products undertake extensive safety and performance testing before
selling their products in the market. Products should be properly labelled with information as to
the contents, use, precautions or warning signs and how to prepare it, if the need arises.
Wilson (2008) argues that consumers have the right not only to expect protection from
hazardous products and services purchased in the marketplace, particularly if used properly for
their intended purpose but also the right to be protected from the sale and distribution of
dangerous goods and services. On the other hand, Dumalagan (2004) emphasizes that all
consumers are entitled to safety against the marketing of goods or the provision of services that
are hazardous to their health and life. She supports that economic globalization may benefit the
consumers as a consequence of the expanding circulation of goods and services, thus, enhancing
their right of choice, based on needs and purchasing power. Conversely, it may also create certain
uncertainty about their safety. As Harland (1990) declares, the capacity of goods and services to
cause serious injury or death has vastly increased as consumers are often faced with inadequate
information to assess whether these goods and services conform to basic safety requirements.
The third is the right to information. This is the right of consumers to be protected
against dishonest or misleading advertising or labelling and the right to be given the facts and
information needed to make an informed choice. Consumers have the right to receive adequate
includes product specification, place of origin, safety warnings, price, mode of payment, date of
quality assurance, description of after-sale services, warranty, ingredient, nutritional facts, etc.
Consumers expect complete information about the product to be purchased including its use,
ingredients or chemical contents, limitations and expiry date. Consumers must be informed about
the safety precautions to be taken while using the product to avoid loss or injury. Limited
of the consumer. They believe that consumers should be provided with sufficient information to
make wise purchase decisions. Information should not be persuasive as shown by commercials,
but should be informative. At present, products are massive in quantity and more complicated to
assess. Against this numerous products are lay buyers who do not have the time or the capacity to
obtain information to help them in making the correct decision to buy. Along this line, Peter and
interpretation. The type of miscomprehension can vary from confusion over similar brand names
The fourth is the right to choose. This deals with the right to choose products and services
at competitive prices, with an assurance of satisfactory quality. Consumers expect a wide array of
goods and services which are offered in the market with diverse brands, sizes, shapes, colors and
with differences in the price, quality and use. Consumers have the right to be assured that a
selection of quality products and services are available for them to purchase at competitive
prices. The right to choose also intends to protect competitors from each other, particularly the
According to Wilson (2008) a consumer should have the opportunity to select the goods
or services that he or she wants to purchase. Gupta and Panchal (2009) pointed out that with the
rise in the income of people, the quality, quantity and sophistication of the consumer goods has
also increased. They believe that the market literally overflows with new products based on
intricate technology thus making it very difficult for the consumer to select an item because of
right to be heard. This is the right to express consumer interest in the making and execution of
government policies that will have an impact on the supply of goods and services to consumers.
Consumers expect legislators would propose laws that would ensure that consumers would have
the chance to live a better life by getting the best value for their hard-earned money. Consumers
have the right to equal and fair consideration in government policy-making situations, as well as
prompt treatment in administrative courts or legal communities. Consumers have the right to
complain when there are problems or concerns. The right to be heard involved an assurance that
consumer would be considered in the formulation of government policy and during regulatory
proceedings. Some business enterprises advocate this consumer right in formulating their
The sixth is the right to redress. This is the right of consumers to be compensated for
misrepresentation, shoddy goods or unsatisfactory services. Under this right, consumers expect
defective goods to be replaced or money refunded by the seller or dealer. Consumers also have
the right to seek legal remedies in the appropriate courts of law. Through this right, the
consumers are assured that their complaints will receive due attention. This right also provides
for due compensation to consumers if they have suffered a loss or are put to jeopardy due to the
fault of the supplier or manufacturer. Aaker and Day (1978) pointed out that consumers should
of innovations, including free legal service for the poor, consumer class action suits, and
arbitration procedures have substantially enhanced the right to recourse and redress, or to fair
knowledge and skills necessary to be an informed consumer. Consumers may look forward to the
three sectors of society: business, government and consumer would embark on an information
conferences, for training and public hearings for the welfare of consumer. To prevent market
malpractices and exploitation of consumers, consumer awareness and education are essentially
required. Recognizing the importance of consumer education, Singh (2002) lays down four
important aspects: (a) Informed Choice- Consumers must learn to obtain information on goods
and services, discriminate between sources of information, understand the psychology of selling
and advertising; (b) Value Systems- Consumer education must enable the consumer to
understand that individual consumer decisions have a broad social impact and influence on such
important things as the overall allocation of resources within the society; (c) Wise Decision
Making- Consumers need information to make careful, wise decisions and informed choices;
and, (d) Catalyst for Action Consumers must be aware of the available avenues of consumer
complaint and redress and learn to use them for their benefit. In addition, Prajapati et al. (2009)
acknowledges the help of consumer education in making wise choice especially in developing
countries where it becomes more important because there is variety of products and there is little
Lastly, the eight right concerns a healthy environment. This right assures consumers to
live and work in an environment which is neither threatening nor dangerous and which permits a
life of dignity and wellbeing. Consumers expect the government exerting effort regarding the
alarming increase in the degradation of the environment especially on forest, dying wildlife,
depleted land fill space and environmental contamination to prevent further damage and the
constant monitoring of our seas, coral reefs, forest and waste disposal being committed by
(2004) emphasizes that all consumers are entitled to a healthy environment and should be
protected from the devastating effects of air, earth, and water pollution that may affect the
performance of daily marketplace operations. Consumers have the right to live and work in an
environment that does not threaten the well-being of present and future generations.
CHAPTER-III
SCOPE AND OBJECTIVE STUDY
3.1 PROBLEM OF THE STATEMENT
Home Appliance is the day to day need of any individual all over the world. In India the
supply of Home Appliance to the customers is done through the unorganized Home Appliance .
After the revolution of the co-operative Home Appliance unions the Home Appliance India seen
the packaged and processed Home Appliance and Home Appliance products. For many years the
co-operative Home Appliance unions enjoyed monopoly in the market. But after the entry of
private sector in this industry the competition has increased to maximum extent. Each of the
players in the market has many ranges of Home Appliance products under different brands. And
each and every player wishes that his brand of products must be on the top of the mind of
customer.
With the increasing competition, KMF is not able to raise the market share of its Nandini
branded Home Appliance and Home Appliance products. And the company thinks the lacking of
awareness of its products may be affecting its sale. In order to increase the consumer awareness
the company started many promotional activities. Now the company wants to know how much
customers are aware about the product and what impact of promotional activities in creating
awareness.
Hence the main purpose of this study is to find the “to study the consumer awareness
about Nandini Home Appliance and Home Appliance products, and impact of promotional
Vasanth and co , is the oldest company in the Tamilnadu region in the Packaged Home
appliance Products segment. The company was the leader in this segment with its various
products under the brand of vasanth and co. But now with the increasing competitors from
private sector in home appliance the company has failed to increase its market.
The company has made the attempt to increase the sales through many promotional activities like
advertisements through various Medias, and Awareness Campaigns. Through these promotional
activities the company wanted to re-capture the customers who are shifted from vasanth and co
to other private branded products, and also wants capture those consumers who still depending
on the un-organized suppliers like Dabba Milkmen etc…
So now the company wants to know the consumer awareness about vasanth and co.
home appliance products and impact of promotional activities on creating the awareness in the
minds of customers. And also the company wants to know what sort of activities to be
undertaken to attract the customers.
3.3 OBJECTIVE OF THE STUDY
To search for the new areas on which the company can focus to create awareness.
CHAPTER – IV
RESEARCH AND METHODOLOGIES
4.1.RESEARCH METHODOLOGY
Research methodology is the process of systematic investigation of any
management problem is deals with research design, data collection method, sampling
The research design is usually conducted during the initial stage of the research
process. The preliminary activities undertaken to refine the problem into a researchable
one need not be formal or precise. The purpose of the exploratory research process is to
progressively narrow the scope of the research topic and to transform discovered
4.3.SAMPLE DESIGN:
Sampling design – The sampling method adopted for research work was Convenience
sampling method.
Sample size - The sample selected was 300. The data collection method was based on the
following:
The sources of the data for the study were primary data. The questionnaire was prepared
and administered to collect the relevant primary data. The data collection method was
Data collected through questionnaires is analyzed using techniques and association test. It
CORRELATION:
Correlation refers to the relationship between two or more variables. Here we can find
out independent variables like Brokerage, Tips, Trade confirmation, Flexibility, Customer
satisfaction.
The describes the magnitude of the discrepancy between theory and observation it is
E = RT × CT / N
N = Total no of observations.
The difference between the observed and expected frequency is calculated and the value
(O-E)² is obtained.
The value [(O-E)² / E] is calculated and the value sigma gives the chi- square value and it
range from zero to infinity. Then sigma value is compared with chi-square [x²] table
INFERENCE :
The above table shows that the respondents based on their “sony” 2.66% of them are samsungl.
5.33% LG 42.66% Panasonic, 12% of them are in Hairer and 17.33 are onida .
Yes 66 66
No 34 34
Total 50 100
Inference:
The chart reveals that 66% respondents are male and remaining female employees.
Yes 38 38%
No 62 62%
Inferences : From the above table it is inferred that 38% of the respondents
satisfied their family needs. 62% of the respondents didn’t satisfied their family needs.
CHART-3 SATISFIED QUALITY OF PRODUCT
1 Yes 53 53
2 No 47 47
Interpretation:
From the above it is observed that 53% of the respondents satisfied, 47% of the respondents non
satisfied.
54 53
52
50
48 47
46
44
YES NO
No. of
S.No Particulars Percentage
Respondents
1 Price 25 25
2 Quality 63 63
3 offer 12 12
4 other 0 0
INTERPRETATION:
From the above it is observed that 25% of respondents have price, 63% of
respondents have quality and 12 % of respondents have offer.
60
48
50
38
40
30
20 14
10
0
Price Quality offer
Year of experience
TABLE-6 IS ANY DUPLICATE ITEM TO SALE
Yes 38 38%
No 62 62%
Inferences :
From the above table it is inferred that 38% of the respondents satisfied their family
No. of
S.No YES/NO Percentage
respondents
1 Yes 53 53
2 No 47 47
Interpretation:
From the above it is observed that 53% of the respondents Yes, 47% of the respondents.
CHART -7 MEDIA IMPORTANT ROLE OF CONSUMER AWARNESS
TABLE- 8 HOW TO KNOW ABOUT THE BRAND
Advertisement 48 48%
Dealer 18 18%
Salesman 34 34%
Print Media 0 0
Inferences:
From the above table it is inferred that 48% of the respondents Advertisement. 18% of
No. of
S.No YES/NO Percentage
respondents
1 Yes 60 60
2 No 40 40
Inferences:
From the above table it is inferred that 60% of the respondents satisfied. 40% of the
Newspaper 16 16
Magazines 35 35
Friends 26 26
others 23 23
Inference:
The above table shows that 16% of Newspaper, about 35% Magazines, about 26% fall
under the age group between 36 and 45 and just 23% Friends. It is inferred that most of the
employees others. The same is depicted in the following figure
1 Yes 75 75
2 No 35 35
Inferences:
From the above table it is inferred that 75% of the respondents band and model. 35% of
1 Yes 67 67
2 No 33 33
Inferences:
From the above table it is inferred that 67% of the respondents Satisfied Warranty
1 Yes 67 67
2 No 33 33
Inferences:
From the above table it is inferred that 67% of the respondents Satisfied Warranty
1 Yes 47 47
2 No 53 53
Inferences:
From the above table it is inferred that 47% of the respondents Satisfied Warranty
1 Yes 67 67
2 No 33 33
Inferences:
From the above table it is inferred that 67% of the respondents Satisfied Warranty
1 Yes 67 67
2 No 33 33
Inferences:
From the above table it is inferred that 67% of the respondents Satisfied Warranty
16 33 8 2
Yes 59
(20.7) (30.1) (8) (2)
19 18 4 0
No 41
(14.4) (20.9) (4.9) (0.8)
Total 35 51 12 2 100
= (4 -1) (2 – 1)
= 3*1 = 3
Significance level of 3 at 5%
Calculated value [C.V] = 4.922
Table value [T.V] = 7.815
CONCLUSION:
Since the calculated value is lesser than the table value, the null hypothesis is accepted.
So it is proved that there is no significant relationship between Suggestion of Company and Media
FINDINGS
1. 48%f the respondent have below 2 years of experience
6. Most of the (34%) respondents feel neutral with the statement that the existing work
environment is comfortable.
7. Most of the (21%) respondents feel agree with the statement that the existing work
environment is comfortable.
8. Nearly (42%) of the respondents feel neutral about the resources are available in the
9. Most of (44%) respondents strongly agree for comfortable with your company.
10. Nearly 38%of the respondents feel neutral with transport facilities in the company.
11. 29%of the respondent’s neutral for the statement Educational facilities provided by the
company.
12. 24% of the respondent’s agree for the statement Educational facilities provided by the
company
13. Nearly 32%of the respondents are encouraged by the management to purchase the
house.
14. About 69%of the respondents are aware about the welfare measures in company.
15. Next 31% of the respondents are not aware about the welfare measures in company.
SUGGESTIONS
The company must undertake certain different methods to train their employees to
A good relationship between the employees and the staffs are to be maintained.
The company should provide some more facilities for the employees.
The company has to have innovative recreational facilities so that the employees can
refresh themselves
CONCLUSION
The study has revealed certain facts which are helpful for management. The
study has given specific Indication about be attitude of workers towards the present
Welfare system. From the study conclude that the employees have a good relationship
With the management. They are allowed to share their ideas and suggestions with The
top authorities. if they have any Complaints, they can inform it to the authorities
CHENNAI SILK
Age:
2. Gender
a) Male b) Female
3. Marital status
a) Married b) Unmarried
4. Family size
5. Educational qualification
6. Experience
7. Monthly income
a)Technical b) Non-Technical
a) Yes b) no
a) Yes b) No
a) Yes b) No
16. Management provide by convenience facilities to purchase motor vehicle?
a)Yes b) NO