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A Study On Women Consumer Attitude of Purchasing Car: Summer Project Report
A Study On Women Consumer Attitude of Purchasing Car: Summer Project Report
PURCHASING CAR
SUMMER PROJECT REPORT
Submitted by
PRIYA MALINI.J
REGISTER NO: 27348329
Under the Guidance of
Prof.Mr. S.JAYA KUMAR, M.E., M.B.A.,MISTE
Faculty, Department of management studies
In partial fulfillment for the award of the degree
Of
MASTER OF BUSINESS ADMINISTRATION
GUIDE
HEAD OF DEPARTMENT
EXTERNAL EXAMINER
ACKNOWLEDGEMENT
First and foremost I thank the god for his blessings, showered on me in completing
the project successfully
I whole heartedly thank my respected chairman MR.N.KESAVAN, vice chairman
MR.SUGUMARAN, and beloved M.D MR.DHANASEKARAN who helped me in all
endeavors and for their blessings to make this project a successful one.
I am extremely grateful to Our Principal Dr. V.S.K. VENGATACHALAPATHY
the keen interest and affection towards throughout the course and to provide necessary
and essential facilities to do this project report.
I convey my sincere thanks and deep sense of gratitude to our Head of Department
PROF.Mr.S.JAYAKUMAR, Department of Management Studies, offered me an
opportunity to do the project.
I
take
the
privilege
to
extend
my
hearty
thanks
to
internal
guide
CONTENTS
ABSTRACT
LIST OF TABLES
LIST OF CHARTS
CHAPTER
TITLE
PAGE NO
I.
INTRODUCTION
COMPANY PROFILE
NEED FOR THE STUDY
1
2
17
II
REVIEW OF LITERATURE
18
III
OBEJECTIVES
28
IV
RESEARCH METHODOLOGY
29
34
VI
62
VII
VIII
67
68
ANNEXURE
69
72
BIBILIOGRAPHY
ABSTRACT
The economic status of the modern women have been greatly influenced by the
rapidly changing environment they live in are exposed to, their education background and
the commercial opportunities that are available to them. The combination of more
employment opportunities for women had a large impact of the consumption habits of
women
This project is about The women consumer pattern of buying car at Hyundai
Motor India Limited, Chennai.
This study was based on women consumers purchasing pattern and 200 samples
were collected and analyzed using the statistical tools like chi-square test and nonparametric test like Z-test.
A standardized questionnaire suitable to the study was framed and conducted pilot
study to test its reliability and sensitivity. Based on the findings of the pilot study some
modification was made in the questionnaire.
The main purposes of the study were to find out the various preferences of women
in buying a car. The consumer expectations about the features of cars and the attributes
which influences their choice of purchasing car was studied.
The awareness about the car was more signified in the age group of 30-35. Most
of the consumer choose their car based on the warranty period given by the company and
price of the cars.
LIST OF TABLES
S.no
TABLE NAME
Page No
34
35
36
37
38
39
40
41
42
10
43
11
44
12
45
13
46
14
47
15
48
16
49
17
50
18
51
19
52
20
53
21
54
22
55
23
56
24
57
25
58
26
58
27
59
28
59
29
60
30
61
LIST OF CHARTS
S.no
CHART NAME
Page No
34
35
36
37
38
39
40
41
42
10
43
11
12
45
13
46
14
15
48
16
49
17
50
18
51
19
52
20
53
21
54
22
55
23
56
24
57
CHAPTER 1
INTRODUCTION
1.1. BACKGROUND:
In todays competitive world, every company has to study consumer
purchasing power and behaviors prior to develop a marketing plan for their product. This
enables the marketer to understand who constitute the market, what and why the market
buys, who participate in and influences the buying process, and how, when and where
consumer buy.
But such knowledge is critical for marketers since having a strong
understanding of buyer behavior will help shed light on what is important to the customer
and also suggest the important influences on customer decision-making. Using this
information, marketers can create marketing programs that they believe will be of interest
to customers.
Buyer behavior is deeply rooted in psychology with dashes of sociology
thrown in just to make things more interesting. Since every person in the world is
different, it is impossible to have simple rules that explain how buying decisions are
made.
Contemporary approaches to business emphasize the importance of
adopting a consumer focus. Marketing, in particular, begins and ends with the consumer
from determining his or her needs to ensure post-purchase satisfaction.
added a 10-year or 100,000 mile warranty to cars sold in the United States and launched
an aggressive marketing campaign.
1.2.2. BUSINESS
In 1998, after a shake -up in a Korean auto industry caused by overambitious
expansion and the Asian financial crisis, Hyundai acquired rival KIA motors. In 2000, the
company established a strategic alliance with DaimlerChrysler and severed its partnership
with the Hyundai Group. In 2001, the dailmer-hyundai truck corporation was formed. In
2004, however, DaimlerChrysler divested its interest in the company by selling its 10.5
percent stake for $900 million.
Hyundai has invested in manufacturing plants in the North America, Pakistan,
China, India and Turkey as well as research and development centers in Europe, North
America and Japan.
In 2004, Hyundai Motor Company had $57.2 billion in sales in South Korea
making it the country's second largest corporation, worldwide sales in 2005 reached
2,533,695 units, an 11 percent increase over the previous year. Hyundai has set as its
2006 target worldwide sales of 2.7 million units.
Hyundai motor vehicles are sold in 193 countries through some 5,000
dealerships and showrooms. After a recent survey of global automotive sales by
Automotive News, Hyundai is now the sixth largest automaker in the world, surpassing
Nissan, Honda and many other major brands, selling 3,715,096 units in 2005.
5 firms in the United Kingdom and Germany for casting and forging equipment.
5 firms in the United States and United Kingdom for automotive parts.
Europe
America
Asia
Africa
Pacific
VICE PRESIDENTS
KWON, YOUNG-SUK
KIM, WON-KI
OH, IK-HEE
1.2.6. PRODUCTS
CARS MANUFACTURED BY HYUNDAI
SANTRO
ACCENT
GETZ PRIME
SONATA EMBERA
ELANTRA
VERNA
TUCSON
TERRACAN
TORNADO
COMMERCIAL VEHICLES
FORD D SERIES
FORD DK SERIES
FORD R SERIES
HYUNDAIDQ-7
VISION&3TON TRUCK
MIGHTY11
E-MIGHTY
CHORUS
SUPER TRUCK
MEGA TRUCK
AERO TOWN
AERO CITY
AERO
HD160
HD170
HYUNDAI RB
HYUNDAI HP
UNIVERSE
TRAGO
researched, developed, manufactured and sold independently. Its market share jumped to
second place only two years after it entered the Indian auto market. Hence, In order to
meet the increasing automobile demand, a second plant with 300,000-units production
capacity will begin its mass production in october2007.
TURKEY PLANT
The Hyundai turkey plant increased its production capacity from 60,000units per year to 10,000-units per year. The Turkey plant acts as a critical global base to
penetrate the Europe market.
Hyundai Motor led the market in 1998 when it augmented its anti-lock brake
system with Electronic brake force distribution. It was ahead of its US and Japanese
rivals in this respect and almost all Hyundai models with anti lock brake system were
equipped with electronic brake force system starting that year.
Antilock brake system modulates brake pressure in sudden braking situation to
effectively prevent wheel lock or skidding, which can result in loss of directional control
and increase braking system. Electronic brake force distribution works in tandern with
antilock brake system to ensure safer and straight line stop. It automatically optimizes the
distribution of braking force to the front and rear wheels depending upon changes in
vehicular weight.
1.2.9. AWARDS
2002
Hyundai Santro topped the 'JD Power Asia Pacific Intial Quality Study (IQS)' that
measures the product quality for three consecutive years (2000, 2001 & 2002).
Hyundai Santro topped the 'JD Power Asia Pacific Apeal' study that measures
customer satisfaction for three consecutive years (2000, 2001 & 2002).
Hyundai Accent topped the 'JD Power Asia Pacific IQS' for 2002 and the APEAL
study for 2001 & 2002
2003
Hyundai Motor India adjudged as the 'Car Maker of the year' at the ICICI Bank
Overdrive awards
2005
Hyundai Motor India Limited became the 'Company of the Year' by BS Motoring.
Hyundai Getz became the 'CNBC Auto car of the Year.' Hyundai Elantra became
the 'Best Value for Money Car' by CNBC
2006
Sonata Embera won the 'Executive Car of The Year 2006' award from Business
Standard Motoring Magazine and NDTV Profit Car & Bike declared the Tucson as the
'SUV of The Year 2006'.
2007
The Hyundai Verna has bagged some of the most prestigious awards starting with
the Overdrive 'Car of the Year 2007', CNBC-TV18 Auto car 'Best Value for Money Car
2007' and 'Performance Car of the Year 2007' from Business Standard Motoring.
The year 2006 has been a significant year for Hyundai Motor India. It achieved
a significant milestone by rolling out the fastest 300,000th export car. Hyundai exports to
over 65countries globally; even as it plans to continue its thrust in existing export
markets, it is gearing up to step up its foray into new markets. The year just ended also
saw Hyundai Motor India attain other milestones such as the launch of the Verna and yet
another path-breaking record in its young journey by rolling out the fastest 10,00,000th
car.
1.3.2. INFRASTRUCTURE
The Hyundai India plant located in Irungattukottai, 30 kilometers from
Chennai was built in record time. The plant is first self-sufficient manufacturing unit in
India to be independently invested by an overseas automobile company. Incorporated in
May 1996, the groundbreaking ceremony for the Chennai plant was held in December in
the same year, and the first pilot Santro was ready in a record-breaking 17months.
The plant which stands on a 500+acre plot has been built with an initial
investment of more than Rs. 2500 crores. It has a capacity to make 120,000 cars and
130,000 engine transmission units per annum and does the Korean Company make the
largestinvetment.
HMIL commenced operations with 70%-localized content, which is one
of the highest amongst all car manufacturers. The entire power train and the body panels
are made in-house and the integrated manufacturing setup at the Hyundai Motors
Chennai plants consists of Hitachi Zosen 2500 ton presses for the body panels State-ofthe-art Paint shop, Final assembly line, Engine and transmission lines. Hyundai has
brought in 14 Korean companies and helped them setup base in India for sourcing
components. The total vendor base consists of 60 companies located at the plant site
itself. HMIL aims to increase localized content to over 90% in the millennium.
1.3.3.THEPRESENT
Although the HMIL is said to have initially planned to launch their Indian
operation with a car for the mid-sized segment. HMIL presently markets 20variants of
passenger cars in six segments. The Santro in the B segment, the Getz in the B+ segment,
the Accent and Verna in the C segment, the Elantra in the D segment, the Sonata Embera
in the E segment and the Tucson in the SUV segment.
1.3.5. PRODUCTS
Santro Xing
Getz
Accent
Verna
Elantra
Sonata Embera
Tucson
1.3.6. PRODUCTION
Modern automobile engineering practices require a holistic approach to
production management, which cannot be accomplished in a non-integrated
manufacturing and assembly setup.
The production processes at Hyundai motor India are overlaid with an
organization-wide implementation of manufacturing best practices like just-in-time,
inventory management, kaizen, TPM and TQM, that help in making the worlds best cars,
right here in India.
As its first initiative, HMIF has undertaken to renovate the Senate House, which
is a 150-year-old heritage building of the University of Madras. The foundation has also
donated a Hyundai Accent to Care Foundation, a non-profit Society engaged in providing
Health Care to people from economically weaker sections and those living in rural area.
1.3.7. AWARDS
HMIL has many awards in its bouquet.
Recently Sonata Embera won "Executive Car of The Year 2006" award by
Business Standard Motoring Magazine and
Tucson has been declared as "SUV of The Year by NDTV Profit-Car &
Bike awards 2006.
The mid-size sedan Accent won two awards, Accent Petrol-No 1 Entry
mid-size car and Accent Diesel-No 1 mid-size diesel car by TNS. Business
Standard declared it The Star Company amongst unlisted companies this
year.
Getz got the coveted Car of the Year 2005 award twice over. Both
Business Standard Motoring and CNBC-TV18 Auto car Auto awards
declared it a winner.
HMIL was also the Manufacturer of the Year two years in a row in 2002
and 2003.
ICICI Overdrive Awards declared Hyundai as the Car Maker of the Year
in 2003.
Hyundai products with state of the art technology have also been winning
many accolades over the years. Santro bagged top honors in JD Power
Asia Pacific for three years. Accent was ranked No. 1 in J D Power Asia
Pacific APEAL for two years and also got Business Standard Motoring
Jury award for its CRDi model.
HMIL has also been awarded the benchmark ISO 14001 certification
for its sustainable environment management practices.
The purpose of the study is to view the Women Consumers preferences and
awareness about cars.
Ever since the advent of information technology in India, there has been a
steady increase in the number of women employees in these industries. As these working
women are paid with handsome of salaries by the companies and their working hours are
varied, there is a need for them to have safe and secure transportation with a fair degree
of privacy.
These factors enable the women employee to purchase four wheelers of
different brands. Yet another factor that encourages the women employee to purchase cars
is the liberal loans offered by commercial banks and financial institutions.
This also helps the automobiles industries to develop and launch the new
products with wider variety of mix to meet the specification and demands of women
consumers.
CHAPTER 2
REVIEW OF LITERATURE
Consumer behaviour is the study of how people buy, what they buy, when
they buy and why they buy. It blends elements from psychology, sociology,
sociopsychology, anthropology and economics. It attempts to understand the buyer
decision making process, both individually and in groups. It studies characteristics of
individual consumers such as demographics, psychographics, and behavioural variables
in an attempt to understand people's wants. It also tries to assess influences on the
consumer from groups such as family, friends, reference groups, and society in general.
Behavior occurs either for the individual, or in the context of a group (e.g.,
friends influence what kinds of clothes a person wears) or an organization
(people on the job make decisions as to which products the firm should use).
Consumer behavior involves the use and disposal of products as well as the study
of how they are purchased. Product use is often of great interest to the marketer,
because this may influence how a product is best positioned or how we can
encourage increased consumption. Since many environmental problems result
from product disposal
The Hard Core Behavioral perspective is based on learning theories such as operant and
classical conditioning. These theories suggest that consumers must learn from their own
experiences
The Rational Expectations perspective is based on an economic way of looking at the
World. Economists assume that people think rationally and have perfect information,
even though they know very well that these assumptions are often unrealistic. However,
despite the unrealistic assumptions made, economists often make relatively accurate.
According to Nicosia (1966) those that assume the consumer is information process who
engage in a rational, scientific, deliberate and cognitive process leading to a purchase
choice.
Gabriel and Lang (1995)make the fundamental that the there are different types of
consumer not in the sense of different segment, but rather than one consumer can vary
their type from time to time or even within one act of consumption.
Thomas (1997) suggested that consumer have never been so unpredictable, hence
consumer research incapable of providing insights required by market decision maker.
According to Fierat sheltz (1997) A consumer no longer represents a centered, unified,
consistent self image but fragmented and fluid set of self images.
The psychology of how consumers think, feel, reason, and select between
different alternatives (e.g., brands, products);
How consumer motivation and decision strategies differ between products that
differ in their level of importance or interest that they entail for the consumer; and
How marketers can adapt and improve their marketing campaigns and marketing
strategies to more effectively reach the consumer.
Understanding these issues helps us adapt our strategies by taking the consumer into
consideration.
show distinct product and brand preferences in areas such as clothing, home, furnishing,
leisure activity, and automobiles.
Social Factor
A consumer's behavior also is influenced by social factors, such as the consumer's groups,
family, and social roles and status.
Groups: A consumer's behavior is influenced by many small groups. A group can be
defined as two or more people who interact to accomplish individual or mutual goals.
Groups that have direct influence and to which a person belongs are called membership
groups. In contrast, reference groups serve as direct or indirect points of comparison or
reference in forming a consumer's attitudes or behavior
Family: Family member can strongly influence consumer's behavior. Husband- wife
involvement varies widely by product category and by stage in the buying process.
Roles and status: The consumer's position in each group can be defined in terms of both
role and status. A role consists of the activities people expected to perform according to
persons around them. Each role carries a status reflecting the general esteem given to it
by society. People often choose products that show their status in society.
Personal Factor
A consumer's decision also are influenced by personal characteristics such as the
consumer's age and life cycle stage, occupation, economic situation, lifestyle, personality
and self concept:
Age and life cycle stage: People change the goods and services they buy over
their lifetimes. Taste in food. Clothes, furniture, and recreation are often age
related. Buying is also shaped by the stage of family life cycle. Traditional family
life cycle stages include young singles and married couples with children. Sony
Perception: A motivated person is ready to act. How the person acts is influenced
by his or her perception of the situation. Perception is the process by which
people select, organize, and interpret information to form meaningful picture of
the world.
Learning: When people act, they learn. Learning describes change in individual's
behavior arising from experience.
Beliefs and Attitudes: Through doing and learning, people acquire beliefs and
attitudes. A belief is a descriptive thought that a person has about something.
Marketers are interested in the beliefs that people formulate about specific
products and services, because these beliefs make up product and brand images
that affect buying behavior. Attitude describes a persons relatively consistent
evaluation, feelings and tendencies towards an object or idea.
Indians were loyal to some brand and most of them gave priority to the price or budget
before trying a brand.
The Indian consumption pattern and preference have undergone vast changes
over the year allowing the foreign retailers to play with the psyche of the brand
conscious.
alternatives. In an attempt to reduce car travel, addressing the most cars dependent will be
least successful.
CHAPTER 3
OBJECTIVES
PRIMARY OBJECTIVES:
To find out the women consumer attitude of purchasing cars.
SECONDARY OBJECTIVES:
To find out the major information sources through which they come to
know about the carmakers and models.
To find out the price range that is preferred by women and the financial
sources which they prefer to purchase cars
CHAPTER 4
RESEARCH METHODOLOGY
4.1. Research
Research is a process in which the researcher wishes to find out the end
result for a given problem and thus the solution helps in future course of action. The
research has been defined as A careful investigation or enquiry especially through search
of new facts in any branch of knowledge.
Analysis of data
Percentage method
Chi-square test
Binomial test
PERCENTAGE METHOD
In this project Percentage method test was used. The percentage method
is used to know the accurate percentages of the data we took, it is easy to graph out
through the percentages. The following are the formula
No of Respondent
Percentage of Respondent =
-----------------------------
x 100
CHI-SQUARE ANALYSIS
To test the significance of the independence between two attributes, chi-square test is
used. We set-up.
Ho: The two attributes are not associated &against
H1: The two attributes are associated
Under Ho, the test statistic chi square is
(O-E)
= ------------*(r-1),(c-1) d.f
E
Where
O Stands for the observed Frequencies
E Stands for expected frequencies,
BINOMIAL DISTRIBUTION
The binomial probability distribution whose mean would be equal to n.p and
standard deviation equal to (n.p.q),where p represents the probability of success, q
represent the probability of failure such that p+q=1 and n the size of the sample.
Mean proportion of successes = (n.p)/ n =p
And standard deviation of the proportion of successes = p.q/n
When the sample size is large, the binomial distribution tend to become normal
distribution, as such for proportion testing purpose we make use of the test statistic Z as
p -p
z = ------------------p.q/n
CHAPTER 5
DATA ANALYSIS AND INTEPRETATION
AGE LEVEL
TABLE NO: 5.1
S.no
1
2
3
4
5
AGE LEVEL
20-25
25-30
30-35
35-40
Above 40
Total no. Of
respondents
Source: Primary Data
NO. of
respondents
42
38
44
18
58
200
Percentage of
respondent
21
19
22
9
29
100
Inference: From the above table it is inferred that, 21 percent belongs to the age group of
20-25 years, 19 percent belongs to the age group of 25-30 year, 22 percent belongs to the
age group of 30-35 year, 9 percent belongs to the age group of 35-40 and 29 percent
belongs to the age group above 40 years.
CHART NO: 5.1
MARITAL STATUS
TABLE NO: 5.2
S.no
1
2
Marital status
Single
Married
Total no. Of respondents
Source: primary data
NO. of
respondents
60
140
200
Percentage of
respondent
30
70
100
Inference: From the above table it is inferred that, 30 percent of the Respondents are
single and 70 Percent of the Respondents are married people.
CHART NO: 5.2
EDUCATIONAL QUALIFICATION
TABLE NO: 5.3
Source: primary data
S.no
Educational
NO. of respondents
Percentage of
qualification
respondent
1
Hsc
13
6.5
2
Diploma
2
1
3
Under graduate
55
27.5
4
Post graduate
122
61
5
Others
8
4
Total no. Of
200
100
respondents
Inference: From the above table it is inferred that, 6.5percent of respondents are having
higher secondary qualification, 1 percent of the respondents are having Diploma
qualification, 27.5 percent of respondents are having under graduate qualification,
61percent of respondents are having Postgraduate qualification and 4 percent are others.
OCCUPATION
TABLE NO: 5.4
S.no
1
2
3
4
5
Occupation
Business
Govt.employee
Private employee
It professionals
Homemaker
Total no. Of respondents
NO. Of respondents
9
37
58
50
46
200
Percentage of respondent
4.5
18.5
29
25
23
100
CAR USERS
TABLE NO: 5.5
Source: primary data
S.no
Percentage of
respondent
1
Yes
130
65
2
No
70
35
Total no. Of respondents
200
100
Inference: From the above table it is inferred that, 65 percent of respondents own a car
and 35 percent do not own a car.
NO. Of respondents
0-1 year
1-2 year
2-3year
3-4 year
Above 4 years
Total no. of respondents
Source: primary data
NO. Of respondents
12
17
44
14
43
200
Percentage of
respondent
9.23
13
33.85
10.77
33
100
Inference: From the above table it is inferred that, 9.23 percent of the respondent are
using car from 0-1 yr.13 percent were using car from 1-2 yr, 33.85 percent were using car
from 2-3 yrs, 10.77 percent were using car from 3-4yrs and 33 percent were using car
above 4 years
S.no
1
2
3
4
5
NO. of respondents
92
89
15
3
1
200
Percentage of
respondent
46
44.5
7.5
1.5
0.5
100
between 6.5-8.5, 1.5 percent prefer car between 8.5-10.5 lakhs and 0.5 percent prefer cars
above 10.5 lakhs.
Financial source
Bank
Private financials
Loans through
dealership
Own source of income
Lease
Total no. of respondents
NO. Of
respondents
79
39
37
Percentage of
respondent
39.5
19.5
18.5
45
0
200
22.5
O
100
Inference: From the above table it is inferred that, 39.5 percent of respondents choose
bank, 19.5 percent choose private financials, 18.5 percent choose loan through dealership
and 22.5 percent purchase car with their own source of income.
Information source
NO. of respondents
1
2
3
4
5
TV
Internet
Magazines
Referral
Walk into show room
Total no. Of
respondents
23
34
39
47
57
200
Percentage of
respondent
11.5
17
19.5
23.5
28.5
100
Inference: From the above table it is inferred that, 11.5 percent of respondents use TV,
17 percent use internet, 19.5 percent use magazines, 23.5 percent collect through referral
and 28.5 percent walks into showroom to find out the information about car.
COLOURS PREFERENCE
TABLE NO: 5.10
S.no
1
2
3
colors
Dark
Light
Bright
Total no. Of respondents
Source: primary data
NO. of respondents
52
90
58
200
Percentage of
respondent
26
45
29
100
Inference: From the above table it is inferred that, 26 percent of the respondent prefer
dark colors, 45 percent prefer light colors and 29 percent prefer Bright colors.
Factors influence
choice of buying
No. of respondents
Percentage of
respondents
cost
63
31.5
Fuel efficiency
22
11
Exterior appearance
10
Safety and
reliability
55
27.5
Brand
50
25
Total no. of
respondents
200
100
s.no
Interior comforts
No. of respondents
Percentage of
respondents
1
Air conditioner
70
35
Power window
15
7.5
Enter/exit
56
28
40
20
19
9.5
200
100
S.no
1
2
Gear system
NO. of respondents
Manual
Automatic
Total no. Of respondents
48
152
200
Percentage of
respondent
24
76
100
SAFETY MEASURES
TABLE NO: 5.14
S.no
NO. Of
respondents
Percentage of
respondent
20
10
40
20
50
25
15
7.5
75
37.5
200
100
Exterior
Alloy wheels
Ordinary wheels
Alloy wheels with tubeless tyre
Stylish body look
Bumpers
Total no. Of respondents
Source: Primary Data
NO. Of
respondents
27
4
52
87
30
200
Percentage of
respondent
13.5
2
26
43.5
15
100
Inference: From the above table it is inferred that 13.5 percent of the respondents were
attracted by alloy wheels, 2 percent of the respondents were attracted by ordinary wheels,
26 percent of the respondents were attracted by alloy wheels with tubeless tyre, 43.5
percent of the respondents were attracted by stylish body look and 15 percent of the
respondents were attracted by bumpers.
CHART 5.15
WARRANTY EXPECTED
TABLE NO: 5.16
s.no
Warranty expected
NO. Of respondents
1
2
3
4
5
1year
2 year
3 year
4 year
5 year
Total no. Of respondents
2
8
47
62
81
200
Percentage of
respondent
1
4
23.5
31
40.5
100
S.no
1
2
3
4
5
2 years
3years
4years
5years
Above 5 years
Total no. Of respondents
NO. Of
respondents
12
60
30
42
56
200
Percentage of
respondent
6
30
15
21
28
100
No. Of respondents
Percentage pf
respondents
Strongly agree
80
61.54
agree
47
36.15
neutral
1.54
disagree
0.77
strongly disagree
130
100
Air conditioner
No. Of respondents
Percentage pf
respondents
Strongly agree
78
60
agree
46
35.38
neutral
1.53
disagree
3.07
strongly disagree
130
100
s.no
1
2
3
4
5
Strongly agree
agree
neutral
disagree
strongly disagree
Total no. OF respondents
No. Of
respondents
61
35
5
27
2
130
Percentage pf
respondents
46.92
26.92
3.85
20.76
1.54
100
No. Of respondents
Percentage pf
respondents
Strongly agree
58
44.62
agree
64
49.23
neutral
1.53
disagree
3.85
strongly disagree
0.77
130
100
No. Of respondents
Percentage pf
respondents
Strongly agree
55
42.31
agree
68
52.31
neutral
2.31
disagree
3.07
strongly disagree
130
100
No. Of respondents
Percentage pf
respondents
Strongly agree
50
38.46
agree
44
33.84
neutral
2.31
disagree
31
23.84
strongly disagree
1.54
130
100
2.31 percent were neutral ,23.84 percent were disagree and 1.54 percent were strongly
disagree.
No. Of respondents
Percentage pf
respondents
Strongly agree
62
47.69
agree
59
45.39
neutral
4.62
disagree
1.54
strongly disagree
0.77
130
100
Inference: From the above table it is inferred that, 47.62 percent of the respondents
were strongly agree that their cars handles well in the city, and highways 45.39
percent were agree, 4.62 percent were neutral . 1.54 percent were disagree
and0.77percent were strongly disagree.
CHART NO: 5.24
Usage of
car
Total
Chi-square
Value
P value
100
18.341
.000
Yes: 65
Total
No : 35
INFERENCE:
Most of the respondents are more in the age group 30-35 yearsand is found to be
statistically significant.
Table 5.26: Awareness with preferable price range against age group
Age distribution Price of car
Total
Chi-square
Value
P value
100
8.036
.045
2.5-4.5
lakhs:90
Total
4.5-6.5
lakhs:89
6.5-8.5
lakhs:16
8.5-10.5
lakhs:4
above 10.5
lakhs:1
INFERENCE:
It shows that people prefer car of price range 2.5-4.5 lakhs
Total
Chi-square
Value
P value
100
9.443
.024
Group 1:79
Total
Group2:38
Group3:37
Group4:45
Group5:1
INFERENCE:
It shows that people lend from banks than from other source.
Table 5.28: Awareness with Information source against age group
Age distribution Information
source
Total
Chi-square
Value
P value
100
3.902
.048
Tv:38
Total
Internet:46
Magazine:36
Referral:45
Walk in to the
showroom:35
INFERENCE:
It is found to be statistically significant.
Total
Chi-square
Value
P value
Dark:52
Total
100
Light:90
7.104
.008
Bright:58
INFERENCE:
Almost 50% indicate that they prefer light colour.
NON-PARAMETRIC TESTS
Mean
Standard
Deviation
100
.90
.302
100
.43
.498
.45
.500
Warranty
100
.50
.503
100
.78
.416
Free services
100
.83
.378
Comfort
100
.79
.409
Air-conditioner
100
.77
.423
Storage space
100
.78
.417
Accelerate adequacy
100
.74
.449
Interior
100
.85
.359
Parking
100
.49
.502
Easy handle
100
Based on Z Approximation
.93
.256
INFERENCE
The binominal test reveals that all categories turned out to be highly statistically
significant .The years of warranty they expect from a car shows that the awareness has
reached the mass females.
CHAPTER 6
FINDINGS OF THE STUDY
21 percent belongs to the age group of 20-25 years, 19 percent belongs to the age
group of 25-30 year, 22 percent belongs to the age group of 30-35 year, 9 percent
belongs to the age group of 35-40 and 29 percent belongs to the age group above
40 years.
30 percent of the Respondents are single and 70 Percent of the Respondents are
married people
4.5 percent of respondents are business women, 18.5 percent are government
employee, 29percent are private employee, and 25 percent are it professionals and
23 percent are homemakers
9.23 percent of the respondent are using car from 0-1 yr.13 percent were using car
from 1-2 yr, 33.85 percent were using car from 2-3 yrs, 10.77 percent were using
car from 3-4yrs and 33 percent were using car above 4 years.
46 percent of respondents prefer cars between 2.5-4.5 lakhs, 44.5 percent prefer
cars between 4.5-6.5, 7.5 percent prefer cars between 6.5-8.5, 1.5 percent prefer
car between 8.5-10.5 lakhs and 0.5 percent prefer cars above 10.5 lakhs.
39.5 percent of respondents choose bank, 19.5 percent choose private financials,
18.5 percent choose loan through dealership and 22.5 percent purchase car with
their own source of income.
11.5 percent of respondents use TV, 17 percent use internet, 19.5 percent use
magazines, 23.5 percent collect through referral and 28.5 percent walks into
showroom to find out the information about car.
26 percent of the respondent prefers dark colors, 45 percent prefer light colors and
29 percent prefer Bright colors.
31.5 percent give first preference for cost, 11 percent give first preference for fuel
efficiency, 5 percent give first preference for exterior appearance, 27.5 percent
give first preference for safety and reliability and 25 percent give first preference
for brand.
35 percent of the respondents give first preference to air conditioners. 7.5 percent
give first preference to power windows,28
enter/exit, 20 percent give first preference to adjustable seating comforts and 9.5
percent give first preference to adjustable safety belt.
10 percent of respondents would like to have central locking with test alarm as a
safety measure, 20 percent would like to have central locking with remote, and 25
percent would like to have low fuel warning lamp, 7.5 percent would like to have
day and night mirror and 37.5 percent would like to have child safety rear door
lock.
13.5 percent of the respondents were attracted by alloy wheels, 2 percent of the
respondents were attracted by ordinary wheels, 26 percent of the respondents
were attracted by alloy wheels with tubeless tyres, 43.5 percent of the respondents
were attracted by stylish body look and 15 percent of the respondents were
attracted by bumpers.
6 percent of the respondents use the same car for 2 years only, 30 percent of the
respondents use the same car for 3 years, 15 percent of the respondents use the
same car for 4 years, 21 percent of the respondents use the same car for 5 years
and 28 percent of the respondents use the same car above 5 years.
61.54 percent of the respondents were strongly agree that their seats are
comfortable , 36.15 percent were agree ,1.54 percent were neutral and l 0.77
percent were disagree.
60 percent of the respondents were strongly agree that their air conditioner works
well, 35.38 percent were agree, 1.53 percent were neutral and 3.07 percent were
disagree.
46.92 percent of the respondents were strongly agree that their storage space is
adequate, 26.92 percent were agree, 3.85 percent were neutral ,20.76 percent
were disagree and 1.54 percent were strongly disagree.
44.62 percent of the respondents were strongly agree that their car accelerate
adequately , 49.23 percent were agree, 1.53 percent were neutral ,3.85 percent
were disagree and 0.77 percent were strongly disagree.
42.31 percent of the respondents were strongly agree that their interior is quite
well in the city, 52.31 percent were agree, 2.31 percent were neutral and 3.01
percent were disagree.
38.46 percent of the respondents were strongly agree that they can park their
vehicles easily, 33.84 percent were agree, 2.31 percent were neutral ,23.84
percent were disagree and 1.54 percent were strongly disagree.
47.62 percent of the respondents were strongly agree that their cars handles
well in the city, and highways 45.39 percent were agree, 4.62 percent were
neutral . 1.54
CHAPTER 7
SUGGESTION AND CONCLUSION
1. The respondents were aware about cars through entire information source. So the
company should come out with, the most effective dissemination of information
about cars, through all possible advertisement strategy.
2. Most of the respondents those who were highly aware about cars belong to the age
group of 30-35,Hence the company should target the above age group to offer the car
according to their preferences.
3. The survey indicates that more respondents prefer low price models (2.5 -4.5
lakhs).Hence I suggest that manufacturer must offer car of above price range to
women consumers.
4. As more respondents prefer light colors with air conditioner facility in the cars, I
suggest that the manufacturer should give high priority to these features.
5. Further child safety rear door locks as safety measures and stylish exteriors are
preferred by most of the consumers, Therefore manufacturer must serious thought to
these suggestions.
CHAPTER 7.1
CONCLUSION
As per the study, I conclude
The most preferred car must be compact, air conditioned, stylish
and safety measure such as child lock system. As the consumers belong to upper middle
income group, the company should facilitate attractive loan offers by having tie-ups with
commercial bank.High focus and weightage must be given to attribute preferred by
women while launching the new product. The year of warranty they expect for a car
shows that the awareness has reached the mass female.
considered by the women consumer, hence high priority should be given for after sales
service with sufficient staff and networking infrastructure.
CHAPTER 8
LIMITATION OF THE STUDY
The study is to a certain extent limited by the vastness of the canvas and the time
available with the researcher for this assignment.
The issue has multiple perspectives, evidenced by the large number of theories
that abound on the subject and the enormous literature available. It thus requires
enormous perspicacity and a judicious use of literature and primary information sources
to carry out a planned investigation on the subject.
While sincere efforts have been made to examine the issue from different
perspectives the availability of more time would have possibly thrown up more
perspectives and a larger primary information sample leading to more accurate analysis
and qualitatively superior solutions.
CHAPTER 8.1
SCOPE OF THE STUDY
The project was developed on the basis women consumers
It will be helpful to found out the awareness level of women consumers and their
specification about car.
It will be helpful for the company in developing a new product according to women
expectation and product modification according the women consumers specification for
existing product.
ANNEXURE
1. Name: -----------------------------------------------------
(optional)
2. Age
a. 20-25 b. 25-30 c. 30-35 d. 35-40 e. above40
3. Marital status
a. single b. married
4. Educational qualification
a. Hsc b. diploma c. under graduation d. post graduation e.other
5. Occupation
a. business b.govt employee c. private employee d .it professionals e. homemaker
6. Annual income
A.1.5lakhs-3lakhs b.3lakhs-4.5 lakhs c.4.5-6lakhs d. 6lakhs-8.5 lakhs e.above 8.5 lakhs
7. Do you own a car?
a.yes b.no
Specify the name of the car---------8. How long you are using car?
A.0-1yr b.1-2yrs c.2-3yrs d .3-4yrs e.above4 yrs
9. What is your preferable price range of cars?
A.2.5lakhs-4.5 lakhs b.4.5 lakhs-6.5 lakhs c.6.5lakhs-8.5lakhs d.8.5lakhs-10.5
lakhs e.above10.5 lakhs
14. Rate down the following interior comfort is of high important according to you (rate
1-5)
a.air conditioners---------------------b.power windows--------------c.enter/exit--------------------d.adjustable seating comfort-------------e.adjustable safety belt---------15. Which type of gear system you prefer?
a. manual transmission b.automatic transmission
16. What type of safety measures would you like to have in a car?
a.central locking with test alaram b.central locking with remote c.low fuel warning lamp
d. day and night mirror e.child safety rear door lock.
17. Which one of the following exterior those attract you most?
a.alloywheels b.ordinary wheels c.alloywheels with tubeless tyre d.stylish body look
e.bumpers
18. How many years of warranty do you expect for a car?
a.1 b.2 c.3 d.4 e.5
19. How many free services do you expect for a car from the dealers?
a.1 b.2 c.3 d.4 e.5
20. On an average how long do you use same car?
a.2years b.3years c.4years d.5years e.above 5 years
21. What do you feel about your car?
I. my seats are comfortable
ii. My airconditioner works well
iii. Storage space is adequate
iv. My car accelerate adequately
V. my interior is quite in the city
vii. I can park my vehicle easily
viii. My vehicles handle well in city and highways
S.no
Strongly
agree
neutral
disagree
Strongly
agree
disagree
BIBLIOGRAPHY
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