Internship Report Nandini 45 Mba 2

lOMoARcPSD|36205802
Internship Report Nandini 45 MBA (2
summer training report (Gurugram University)
Studocu is not sponsored or endorsed by any college or university

Downloaded by Ayan Khan (ayankhan1516@gmail.com)
lOMoARcPSD|36205802
A
SUMMER TRAINING REPORT
ON
A STUDY OF HUMAN RESOURCE MANAGEMENT AT
FASHION CLUB GLOBAL
Submitted in partial fulfillment of the requirement for award of Master

Business Administration
SUBMITTED TO
Gurugram University, Gurugram
Under The Supervision Of Submitted By

Dr .AMARJEET KAUR NANDINI
(Dean Faculty of management ) Reg. No. 201010010045
Department of Management Studies MBA 3rd Semester
Gurugram University, Gurugram
GURUGRAM UNIVERSITY
Mayfield Garden, Sector 51, Gurugram, Haryana 122003
Session 2020-2021

lOMoARcPSD|36205802
DECLARATION
I, Nandini declare that this report is personally prepared and compiled by me and that
the contents contained within this report have not been duplicated or published
anywhere or submitted to any university for any degree program by a student or any
other person. I have personally compiled it based on the experience and training I had
with FASHION CLUB GLOBAL in the area of HRM.
Name: NANDINI
Roll No.: 201010010045
Sign:
1|Page

lOMoARcPSD|36205802
ACKNOWLEDGEMENT
I extend my deepest gratitude to our supervisor for his support, encouragement, motivation,
and help throughout the dissertation work. I am thankful to Gurugram University for
providing me with the opportunity to allow us to perform a practical field work.
I express my gratitude to Gurugram University, to perform the practical activities in such

esteemed company FASHION CLUB GLOBAL as an intern. The internship program was
made for eight weeks, which included various tasks and learning that verged to be meaningful
towards my career in management. I express my sincere gratitude to DR. AMARJEET
KAUR MA’AM intern supervisor for supervising me throughout my internship p period.
I am very grateful to all the staffs of FASHION CLUB GLOBAL their kind cooperation and
help during internship period. At the same time, I am also grateful to my corporate mentor
Mrs. Samiksha who guided me and helped me in getting an insight into the functioning of
different departments. All the employees of FASHION CLUB GLOBAL highly supportive
and motivating which made it even easier to cope with the working environment and to gain
practical experience and learn lessons.
Finally, I would also like to thank all the concerned people, my supervisor, family members,
and colleagues for their precious time, valuable suggestion and their countless help during my
internship period. I perceive this opportunity as a big milestone in my career development. I
will strive to use skills and knowledge in the best possible ways which I gained by working as
an intern in this company
Nandini(Student)

lOMoARcPSD|36205802
CERTIFICATE OF INTERNSHIP

lOMoARcPSD|36205802
CERTIFICATE OF INTERNAL GUIDE
This is to certify that this Summer Internship Project Report titled “A STUDY OF
HUMAN RESOURCE MANAGEMENT” is the bonafide work of “NANDINI
201010010045” who has carried out her project under my supervision. I also certify
further, that to the best of my knowledge the work reported herein does not form part of
any other project report or dissertation on the basis of which a degree or award was
conferred on an earlier occasion on this or any other candidate.
Date: 18 OCT 2021 Signature of Internal Supervisor
Place: Gurugram Name: DR. AMARJEET KAUR

lOMoARcPSD|36205802
TABLE OF CONTENTS
PARTICULARS PAGE NO.
EXECUTIVE SUMMARY 6-7
CHAPTER 1 8-9
Area Of Internship And Learning Objectives
CHAPTER 2 10-12
Industry Profile
CHAPTER 3
Company Profile 13-39
a. Overview 13-15
b. Mission &Vision &Value 16-17
c. Products & Services Provided 18-27
d. Size Of The Company 28
e. Organization Chart 29-36
f. Market Share & Position Of The Company In The Industry 37
g. Financial Position Of The Company 37-38
h. Competitors Of The Company 39
CHAPTER 4
Review of the assignment (Job Description) 40-47
a. Reporting Relationships 41
b. Importance of assigned roles & responsibilities 41-47
CHAPTER 5
LEARNING EXPERIENCE 48-50
a. Working in payable section 48-49
b. Working in receivable section 49
c. Professional skills required 50
CHAPTER 6
SWOT ANALYSIS 51-53
a. SWOT Analysis Of The Organization 51-52
b. SWOT Analysis Of The Project 53
CHAPTER 7
FINDINGS 54-55
CHAPTER 8
RECOMMENDATIONS 56
CHAPTER 9
CONCLUSIONS 57
BIBLIOGRAPHY 58

lOMoARcPSD|36205802
EXECUTIVE SUMMARY
Introduction to the Project:
The Gurugram University of Gurgaon had given the subject of Summer Internship Report
for Master of Business Administration (M.B.A.). My Project Report subject is practical
training for project work in FASHION CLUB GLOBAL
Location:
The company is located in IMT MANESAR,GURUGRAM, HARYANA
Duration:
Duration of the internship is 60 days.
Project Title:
A Study of Human Resource Management.
About the company:
This report gives an overview of “A Study of Payables & Receivables Management” of

the company is FASHION CLUB GLOBAL one of the Leather Products and Textile
manufacturing service providers. FASHION CLUB GLOBAL is formed in 2008. Its
head office is in IMT MANESAR. It has made a name for itself in the list of top suppliers
of down jackets,long coat in india. FASHION CLUB GLOBAL serves to government,
private and global clients but its major revenue (i.e. 80%) are from Government projects
& rest 20% are from other private sector or global clients. Its major global clients are in
Sri Lanka , Gujarat, US, Singapore, Dubai, Canada ,U .S.
Learning’s:
The internship undertaken gave an immense learning experience and exposure as to how
different departments work within an Organization in a synchronized manner and conduct
its day- to- day operations.

lOMoARcPSD|36205802
The Human Resource department of the company is divided into various sub-
sections for the systematic flow of activities:
Human Resource Recruitment
Human Resource Operations
This internship gave me a great opportunity to have an exposure to the corporate working
environment and help to develop my abilities and learn various business processes in
different sections of the Human Resource department in the company.

lOMoARcPSD|36205802
CHAPTER 1:
THE AREA OF INTERNSHIP & LEARNING OBJECTIVES
The specific field chosen for internship is Finance Department of the FASHION CLUB
GLOBAL which is divided further into many sub- sections for systematic working of all
the processes.
The internship was about working of HR department i.e. overview of Human
Resource Management systems in the company.
Objectives of the work:
 To get better understanding of the Human Resource activities carried out by

the HRM department.
 To maintain work culture of the organization.
 To ability to handle Data and Compliance.
 To provide Training & Development.
 To acquire sound knowledge about the organization’s principles and policies.
 To know about the operating procedures of different departments.
HUMAN RESOURCE DEPARTMENT:
The presence of an HR department is an essential component of any business, regardless of the organization's size.
An HR department is tasked with maximizing employee productivity and protecting the company from any issues
that may arise within the workforce. HR responsibilities include compensation and benefits, recruitment, firing, and
keeping up to date with any laws that may affect the company and its employees.

lOMoARcPSD|36205802
Role and Importance of HR Department
• It provides guidance in Human Resource planning.
• It helps in hiring and training new employees.
• It increases organizational efficiency.
• Manage Risk of the organization.
 Building and maintaining company culture.
 It provides information through HR reporting.
 It makes the employees motivated for efficiency.

lOMoARcPSD|36205802
CHAPTER 2:
INDUSTRY PROFILE
Registered in 2008 , FASHION CLUB GLOBAL has made a name for itself in the list of top
suppliers of down jacket ,long coat in India. The supplier company is located in Gurugram,
Haryana and is one of the leading sellers of listed products.
FASHION CLUB GLOBAL is listed in Trade India's list of verified sellers offering supreme
quality of Leather Jackets, Ladies Black Leather Jacket etc. Buy down jacket, long coat in bulk
from us for the best quality products and service.
FASHION CLUB GLOBAL aims to be the first choice of their customers as mentioned in our
vision statement. We work towards customer exultation such that we are always present to
fulfill their future requirements. All prestigious brands across segments choose to work with
FASHION CLUB GLOBAL given its history of performance and commitment.
How to use company network of Fashion Club Global India
10 | P a g

lOMoARcPSD|36205802
limited
FASHION CLUB GLOBAL Company network is a powerful feature that allows you to
explore and discover common directorships between companies. It helps you find out other
directorships of an Indian director and where else he has business interests. The feature is
available for unlimited use in Company360 platform.
MAIN MARKET TREND

Innovation is constantly shaping the industry, creating innovative solutions to help us rethink
how we build image in textile industries.
1. Product Design Outsourcing

Apparel design outsourcing is the latest trend in the world of fashion and apparel. It is a fast
growing business in the KPO (Knowledge process outsourcing) sector. More and more apparel
producing firms are turning to apparel design outsourcing units (ADO units) for their
requirements.
2. Virtual Reality In Electronic Manufacturing
VRF technology lets customers try garments, shoes, etc., on a 3D avatar without wearing the
product. This way augmented reality for clothing creates a personalized and engaging

lOMoARcPSD|36205802
experience that benefits both customers and the brand. ... GAP's Dressing Room App allows
users to try out a dress on a virtual mirror.
3. Non-Woven Fabrics
New machinery has made it possible to pursue non-woven fabrics. Non-wovens are non-yarn
materials that are pressed together rather than woven. The reason this is an advantage is the
labor is less intensive and the product can be made quicker and for less money. Non-woven
fabrics are also very hygienic, which is great for the medical field, a large part of the textile
industry.
4. Domestic Sales
Countries like China and the Unites States are focusing not only internationally, but
domestically as well. Creating products domestically, and marketing to local communities, is
creating a new and larger market for countries that are normally internationally focused.
5. Technology
Technical textiles are a large and growing market right now. Countries are rehabilitating mills
and buildings and hiring new staff to work on new innovations like 3D printed clothing and
shoes or smart fabrics with small chips that act as conductors and energy converters.

lOMoARcPSD|36205802
CHAPTER 3:
COMPANY PROFILE
Fashion Club Global
Fashion Club Global is one of the textile manufactures services of providers. They
served various global clients since their inception in year 2015. Fashion Club is a team of
passionate and talented Employees, consultants, testers, analyst and project managers
lead by Industry veterans having 15+ experiences in respective fields who deliver the
most complex Electric and manufacturing components with best of the ease to clients.
OVERVIEW
We are a leather fashion house specializing in designing and manufacturing all kinds of leather
products. We have been operational since 1984 with an In house production facility a turnover
of ~25m USD
We are exporting our products to all big retailers and whole sellers in Germany, Switzerland,
Sweden, Turkey, Italy, Holland, USA, U.K., Spain, Portugal, Denmark and Australia.

lOMoARcPSD|36205802
Vision of the company

“To be the preferred source of material conversion
products and to enable their customers to meet their
business target through the creation of a long term
working relationship that is based on the business
ethics founded in our Core Value.
Mission of the company

“The goal, therefore, is to understand the customer’s
expectations and the challenges that face the organization
in meeting those expectations. They strive to be an integral
part of their team.”

lOMoARcPSD|36205802
VALUES & STRENGTHS
CUSTOMER CENTRIC APPROACH

Seeking to understand you first, before everything else
INITIATIVE
Taking the first step on our own
COMMITMENT
Earning your trust by keeping our promise
TEAM WORK
Working with you towards a worthy goal
CONTINUOUS IMPROVEMENT
Adding value in everything for meeting challenges

lOMoARcPSD|36205802
THE BRANDS OF THE COMPANY

Are two brands under this company, which are basically used by this company and these are:-
1. Leather Jackets
2. Mens, Womens & Kids wear
16 | P a g

lOMoARcPSD|36205802
THE DIFFERENT DEPARMENTS OF THE COMPANY
Similar to any other large business, the work in a this company is also distributed into different
departments. This facilitates more efficiency in the services provided by them.
1. General Management
This department develops and executes overall business strategies. It is responsible for the entire
organization. General management deals with determining overall business strategies, planning,
monitoring execution of the plans, decision making, and guiding the workforce, and maintaining
punctuality and disciplinary issues.
2. Marketing Department
The workforce in this department is responsible in identifying customer needs and creating
products to satisfy them. The marketing managers mainly are involved in the following activities.
• Market Research − It includes understanding the environment, staying tuned with the
economic developments, knowing customer needs, and strengths and weaknesses of peer
competitors.
• Understanding Market Segments − It includes dividing the total products in market into
smaller market segments. It also involves targeting particular markets, creating separate
appealing market products for different market segments, and positioning those products to
draw consumers.
• Product Decisions − It is about deciding about addition or removal of a product feature in an
offering, deciding about development of new product, manipulating product features.
• Promotion Decisions − It includes informing the target market about various products they
would find interesting. Marketing department joins hands with publicity agencies such as
radio, television, and website management agency to promote the product package.

lOMoARcPSD|36205802
• Product Distribution − It pertains to which intermediary to employ and where to place the
promotional material.
Director
Projects
HR Finance Departmen Operations Management Sales Department

Departmentn
Operations
Finance Head
HR Head Head Sales Head
HR Manager SAARC
HR Manager Payables Receivables Central
xecut
Eive Accounting Sales
3. Operations Department
The Operations Department combines two or more tourism components (among attractions, transportation,
intermediaries, destination, accommodation, and activities) to create a package and sell it to the consumer.
a) It organizes and conducts a tour within or out of the country and ensures that it turns out successful.
b) It prioritizes customer preferences and supplier offerings to determine the best tour arrangements.
4. Finance Department
Finance department is sub divided majorly into three sub heads which are as follows-

lOMoARcPSD|36205802
a. Accounts Payables
 Accounts payable are amounts owed to vendors or suppliers for goods or
services that have not yet been paid.
 The sum of all amounts owed to suppliers is shown on the company's balance
sheet as accounts payable balance.
b. Accounts Recivables
 Accounts receivable is an asset account on the balance sheet that represents
the money a business owes in the short term.
 Accounts receivable are created when a business allows a buyer to purchase
its goods or services on credit.
c. International Accounting
International accounting, which includes both managerial and financial accounting, is the accounting of
international transactions, the operations of international companies, and the comparison of accounting
principles and practices found in foreign countries and the procedures by which they are established.
The Finance Department is responsible for acquiring and utilizing money for financing the
activities of the tourism business. The finance people assess short term and long term capital
requirements.

lOMoARcPSD|36205802
5. Sales Department
This department is solely responsible for selling the relevant tourism products to the consumers.
The sales person in the tourism business is the first link between the tourism business itself and
the consumer.
 The sales staff identifies and cultivates new customers.

 The sales staff recommends best suited products to the customer by assessing their needs
6. Human Resource Department
This department is responsible for recruiting skilled, and experienced manpower according
to the positions at vacancies of different departments. It is also responsible for conducting
orientation programs and trainings for new staff, recognizing the best facets of staff and
motivating them to achieve organization objectives.
7. Purchase Department
By following a standard procedure of procurement, this department ensures the enterprise has
appropriate and timely supply of all the required goods and services. The purchasing department
procures the goods and services to be consumed by other departments in the business
organization.

lOMoARcPSD|36205802
THE HUMAN RESOURCE DEPARTMENT OF THE COMPANY
An HR department is tasked with maximizing employee productivity and protecting the company
from any issues that may arise within the workforce. HR responsibilities include compensation
and benefits, recruitment, firing, and keeping up to date with any laws that may affect the
company and its employees.

 Human resource planning.
 Recruitment and selection.
 Performance management.
 Learning and development.
 Career planning.
 Function evaluation.
 Rewards.
 Industrial relations.
Human resources (HR) is the division of a business that is charged with finding, screening,
recruiting, and training job applicants, and administering employee-benefit programs. Additional
human resources responsibilities include compensation and benefits, recruitment, firing, and
keeping up to date with any laws that may affect the company and its employees.
Many companies have moved away from traditional in-house human resources (HR)
administrative duties and outsourced tasks like payroll and benefits to outside vendors.
21 | P a g

lOMoARcPSD|36205802
MARKET SHARE & POSITION OF THE COMPANY IN INDUSTRY
Market share
Market share of the company is difficult to estimate as company provides various services of Textile
and manufacturing sector so individually it can be calculated but it won’t properly tell the overall
market share.
Market Position
In textile and Manufacturing sector, majorly either big players or local small players are present in
this sector and there is a wide gap between the mid-market player segments where very little number
of companies are present.
Fashion Club Global venture india limited is a mid-market segment player.
 FINANCIAL POSITION OF THE COMPANY

Here is a summary of financial information of Fashion Club Global for the financial year ending
on 31 March, 2020.
The financial position of a company is measured by the performance it takes in company financial
statements: a positive and growing cash flow statement; growing profits in the profit and loss
Revenue generation from different working
10 20
International Sales Consulting
System
30 Integration
40
22 | P a g

lOMoARcPSD|36205802
statement; and a balance of assets, liabilities, and owner's equity in the balance sheet.
23 | P a g

lOMoARcPSD|36205802
 COMPETITORS OF THE COMPANY
Larsen & Toubro TRICOLITE
SCHNEIDER

lOMoARcPSD|36205802
CHAPTER 4:
REVIEW OF ASSIGNMENTS (JOB DESCRIPTION)
The world in which we reside today is a fast moving dynamic type and to be a top Textile and
Manufacturing survivor in this world is the one which has properly maintained financial status
and human resources and the department which does this job in the company is the “HUMAN
RESOURCE department”. This department is responsible to ensure the proper training and
development of the employees to achieve the efficiency.
Being a HR intern at FASHION CLUB GLOBAL, largely the job description was related to
preparing of reports, maintaining records, updating files and finding discrepancies in working of
the organization.
As the HR department was further divided in various sub sections, being an intern I got the
opportunity to explore HR Department of the company, their working, their responsibility,
challenges faced by them and how they efficiently worked as a team to achieve the
organizational objective.
I was assigned work to assist HR Manager of the company for the whole period of internship,
where I learned about working of organization, their team structure, working environment and
the work done by them. I got to learn about daily reports that were to be prepared, how the data
need to be reconciled and saved for future references HR operations.
Major roles and responsibilities that I was assigned to prepare on daily basis were:
 Attracting Candidates
 Selecting Candidates
 Hiring from within and from outside
 Performance Appraisals
 Compensations
 Employee Benefit Management
 Learning & Development

lOMoARcPSD|36205802
 Promotions & Terminations

 Information Sharing
 Organizational Development
 Data & Analytics Management

lOMoARcPSD|36205802
Reporting Relationships
I had direct reporting to the Head of the HR Company on weekly basis as he was my
corporate mentor during the whole internship but on daily basis I had to report to HR
Head who assigned me the tasks that I had to complete before the end of the day and
report the same. The relationship was in a quite cooperative manner but my accountability
was very strict.
Importance Of Assigned Roles & Responsibilities

Recruit candidates
HR needs to understand the organization’s needs and make sure those needs are met when
recruiting for new positions. It’s not as simple as just throwing an ad up on Indeed: you’ll
need to analyze the market, consult stakeholders, and manage budgets.
Then, once the role is advertised, more research needs to be done to make sure that the
right candidates are being attracted and presented. Recruiting is a massive—and costly—
undertaking; the right candidate can revitalize an entire organization, but the wrong
candidate can upend operations.
Hire the right Employees

Human resources is in charge of arranging interviews, coordinating hiring efforts, and on
boarding new employees. They’re also in charge of making sure all paperwork involved
with hiring someone is filled out and making sure that everything from the first day to
each subsequent day is navigated successfully.
Process Payroll
Payroll is its own beast. Every payday must have taxes calculated and hours collected.
Expenses need to be reimbursed and raises and bonuses need to be added in as well. If
you think it’s a chore doing taxes just once a year, imagine what it must be like to be in
HR and make sure they’re properly deducted every pay period.

lOMoARcPSD|36205802
MY ROLE INTO THE HR DEPARTMENT OF THE COMPANY
I have worked into the HR Department of the company. Where I was primarily responsible for
preparing HR Reports. I Generated Payrolls of the employees and did Compliance Work. I also,
Documentation and Joining Formalities of the employees. Following are the roles as I perform
as a HR Trainee:-
 Consult with employers to identify needs and preferred qualifications

 Interview applicants about their experience, education and skills
 Contact references and perform background checks
 Inform applicants about job details such as benefits and conditions
 Hire or refer qualified candidates
 Conduct new employee orientations
 Process paperwork
OUTCOME OF THE ASSIGNED WORK

The Human Resource Management processes in a company are one of the determining
factors that lead to a company’s success. This is because human resource management
processes take the largest portion of a company’s growth, if well managed, the company
can obtain a recognizable growth and consequently, the ultimate development as dreamt
by the founders. Fashion Club Global should take its HR process seriously in order to
optimize its profitability and realize a reputable growth. If these measures are critically
put in practice, we can predict a ballooning organization as far as growth is concerned.

lOMoARcPSD|36205802
CHAPTER 5:
LEARNING EXPERIENCE
While working as HR intern at FASHION CLUB GLOBAL, I got insights of HR system

of the company. HR department was sub-divided into various different sections from
which I got the opportunity to Operations section.
I started my internship by observing the overall functioning of the HR department for first
four days. In these days, I observe how different departments coordinate and work with
the fHR department and I worked under the HR Head who made me learn or understand
more about the Recruitment and different terminologies they use in their HR actions. She
also helped in telling how to access different reports and data within the software. He
made me understand about various sections that are present in the HR department like
Recruitment, Training & Development , Compliance.
After that on fifth day, I got the opportunity to decide in what sections I wanted to explore
more and work on it so on that opportunity I decide to explore Operations.
WORKING IN HR OPERATIONS SECTION
From fifth day to fifteenth day, I explored and worked in operations section. I was given
with the limited access user account to the software. In this section, I was allotted to
prepare Reports regarding payrolls of employees.
29 | P a g

lOMoARcPSD|36205802
Other than these, I prepared the payroll sheets, i.e., name of the employees and the
amount that is need to be paid to each employee. While preparing payroll sheet, I got to
know that company also outsource employees at different places for completion of the
undertaken project and those employees are also paid by the company itself.
WORKING IN Recruitment SECTION
After fifteenth day, I worked in Recruitment section for rest of my internship period. In
this section, I had learned about the various recruitment process of the company. I got to
know about various portals from where the deserving candidates are sourced for the
company.
I prepared invoices of the services that company delivers to their clients. By preparing
invoices, I learned about how the company does pricing for their different services, what
should be the profit margins and about the time period to be given to clients for the
payment for the services provided by the company.
During my internship, on day-to-day basis, I used to send reminder or follow up mails to

employees, Vendor parties, etc.

lOMoARcPSD|36205802
PROFESSIONAL SKILLS ACQUIRED:
 Time Management Skills: I completed all the work of the department assigned to me
on time.
 Communication skills: I was successful at building relationships and had good
interaction with almost everyone in the Department.
 Team work ability and being organized: I worked in the two sections of the finance
departments worked efficiently and effectively.
 Ability to work under pressure and gain confidence: that I did with complete
dedication and hard work.

lOMoARcPSD|36205802
CHAPTER 6:
SWOT ANALYSIS
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.

SWOT analysis is a technique developed at Stanford in the 1970s, frequently used in strategic
planning. SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats and is a
structured planning method that evaluates those four elements of an organization, project or business
venture. A SWOT analysis is a simple, but powerful, framework for leveraging the organization's
strengths, improving weaknesses, minimizing threats, and taking the greatest possible advantage of
opportunities.
Strengths and weaknesses are internal to the company—things that have some control
over and can change.
Opportunities and threats are external—things that are going on outside the company, in
the larger market. We can take advantage of opportunities and protect against threats, but
can’t change them.
SWOT ANALYSIS OF THE ORGANIZATION
 STRENGTHS
• Multi Domain: provides System Integration, Consulting services,
Annual Maintenance Cost (AMC)
• Provide all Multi Country: Serves in India, US, Singapore, Nepal, Dubai
• the services at one place to the clients that no other competitor do, as they are
involved in 1-2 services.
• Good financial strength
• Highly skilled workforce through successful training and learning programs
as they are having 18+ years of work experience in the field of IT.
• Quality certified company

lOMoARcPSD|36205802
 WEAKNESS
• Increasing cost in places like North-east and Jammu & Kashmir because of
changing weather conditions and terrorism.
• Focus is not clear as they provides many services to the clients which doesn’t let
them focus on their main services
• Due to cash flow issues, i.e., not having appropriate amount of money, it’s difficult
to acquire large contracts.
 OPPORTUNITIES
• Could extend to overseas broadly
• Fast-track career development opportunities on an industry-wide basis
• Could seek better customers deals
• New customers from online channel – can increase more sales channel because of
increasing demands and investment in online platform. In future, company can leverage
this opportunity by knowing its customer better and serving their needs using big data
analytics.
• Market Position- Company’s position as a mid-market segment player is a big
opportunity to grow
 THREATS
• As the company is operating in numerous countries, it is exposed to currency
fluctuations especially given the volatile political climate in number of markets
across the world.
• Under-pricing by big competitors
• Cut throats competition from the rival companies
• New entrants
• Fast changing of environment leads to changing demands.

lOMoARcPSD|36205802
SWOT ANALYSIS OF THE PROJECT
 STRENGTHS
• Good pricing policy
• Efficient team of HR to handle all the related work
 WEAKNESS
• AMC contracts taken from vendors are paid in advance but amount charged for AMC
contracts that are provided to clients are received quarterly or half yearly or yearly.
This leads to cash flow issues.
• Working capital issue arises as delayed payment by the government.
• Increasing cost in places like North-east and Jammu & Kashmir because of
changing weather conditions and terrorism.
• Penalty arises when there are any delivery issues in consulting services.
 OPPORTUNITIES
• In IT sector, either big players or small local players are present and there is a wide gap
between these players which is mid-market segment player. Informage is mid-market
segment player which shows that there is lot of growth prospect in their services.
 ELECTRIC
• Large players try to grab the contracts by under-pricing which results in loss
of contracts by the company as company cannot afford.
• Company faces inflation or deflation of currency which exposes company to the risk
of losses due to such fluctuations.

lOMoARcPSD|36205802
CHAPTER 7:
FINDINGS
1. Existence of Long Process of Recruitment:

The HR recruiter take long time to make the recruitment which increases the time
wastage and cost of recruitment.
2. The Company also has Short Creditor Payment Period:

Early payments are made to the vendor, however generally it should be delayed as the
Creditors money act as Spontaneous Financing for day- to- day operations helpful in
Working Capital Management.
3. Major revenue of the company is earned from Government projects, i.e., 80% & rest
of the 20% revenue is earned from other clients.
4. Company pays AMC charges to its vendors in advance & receives AMC charges
from their clients quarterly, half yearly or yearly.
5. Profit margin earned by the clients in various services are as follows:

- System Integration : 20%
- Consulting : 25%
- AMC : 5%
6. Different services have different receivables system which is follows:

- System Integration
60% of total amount to be paid on delivery
30% of total amount to be paid on installing and commissioning 10%
of total amount to be paid after 1 year of warranty
- Consulting
On pro-rata basis

lOMoARcPSD|36205802
- AMC
Depending on the customer preference either quarterly, half yearly or yearly.
- Company’s most profitable area is international sales as it has almost 50% profit
margin & international clients pay their due amount on time.

lOMoARcPSD|36205802
CHAPTER 8: RECOMMENDATIONS
1. Company should start focusing on private sector as they are having majorly government
projects. Private sector is vast area so good marketing needs to be done to grab the private
sector clients too.
2. Company should start doing marketing in an extensive way to acquire more global clients
as it is a most profitable area of the company.
3. Certain incentives must be awarded in case of some targets that are achieved or in case of
timely successful completion of tasks acting as a motivational tool for the employees.
4. There must be proper delegation and allocation of tasks to all the employees as per their
skill set and job roles to have more effectiveness in the work done.
5. Company should increase their credit period, i.e., to increase average payment period.
6. Company should decrease their debtor collection period, i.e., to reduce

average collection period.

lOMoARcPSD|36205802
CHAPTER 9:
CONCLUSIONS
 To conclude, this internship gave a great learning opportunity and hand- on

experience as to how actually the work is being done practically and to get an
experience of the professional life. I learnt a lot about the functioning of the
departments and business processes.
 This has really helped me to groom up my professional skills and gain knowledge as
much as I could have done. The work environment there was quite supporting and tasks
being assigned to me as an intern with accountability made me utilize my potential to
complete the work. I got the insights of the functioning of receivable & payables
section as well as inter- department functioning.
 The internship gives every individual an immense opportunity to have a beforehand

experience of job before the Final Placement where one can understand how to act and
handle different situations and maintain good reporting relationships. This teaches how to
work with complete dedication and time management and work life balance.

lOMoARcPSD|36205802
BIBLIOGRAPHY
https://www.zaubacorp.com/company/FASHION CLUB GLOBAL-

VENTURES-INDIA- LIMITED/U36100HR2015PLC054455
https://www.indiamart.com/maxbros-corp/about-us.html
https://www.tofler.in/fashionclubglobal-ventures-india-limited/company/U36100HR2015PLC054455
https://connect2india.com/FASHION CLUB GLOBAL-VENTURES-INDIA-LIMITED/1844980
https://www.tofler.in/maxbros-ventures-india- limited/company/U36100HR2015PLC054455#:~:text=It
%20is%20classified%20as%20a,en ding%20on%2031%20March%2C%202019
https://www.tofler.in/fashionclubglobal-ventures-india-
limited/company/U36100HR2015PLC054455/financials
limited/company/U36100HR2015PLC054455/network
limited/company/U36100HR2015PLC054455/industry
https://in.linkedin.com/company/ fashionclubglobal -ventures-

india-limited https://m.indiamart.com/ fashionclubglobal
-ventures-india-limited/

Internship Report Nandini 45 Mba 2

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Internship Report Nandini 45 Mba 2

Uploaded by

Copyright:

Available Formats

lOMoARcPSD|36205802

Internship Report Nandini 45 MBA (2

summer training report (Gurugram University)

Studocu is not sponsored or endorsed by any college or university

FASHION CLUB GLOBAL

Submitted in partial fulfillment of the requirement for award of Master

Gurugram University, Gurugram

Under The Supervision Of Submitted By

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

I express my gratitude to Gurugram University, to perform the practical activities in such

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

CERTIFICATE OF INTERNAL GUIDE

Date: 18 OCT 2021 Signature of Internal Supervisor

Place: Gurugram Name: DR. AMARJEET KAUR

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Introduction to the Project:

The company is located in IMT MANESAR,GURUGRAM, HARYANA

Duration of the internship is 60 days.

A Study of Human Resource Management.

About the company:

This report gives an overview of “A Study of Payables & Receivables Management” of

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Human Resource Operations

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Objectives of the work:

 To get better understanding of the Human Resource activities carried out by

 To ability to handle Data and Compliance.

 To provide Training & Development.

 To acquire sound knowledge about the organization’s principles and policies.

 To know about the operating procedures of different departments.

HUMAN RESOURCE DEPARTMENT:

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Role and Importance of HR Department

• It provides guidance in Human Resource planning.

• It helps in hiring and training new employees.

• It increases organizational efficiency.

• Manage Risk of the organization.

 Building and maintaining company culture.

 It provides information through HR reporting.

 It makes the employees motivated for efficiency.

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

How to use company network of Fashion Club Global India

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

MAIN MARKET TREND

1. Product Design Outsourcing

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Fashion Club Global

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

Vision of the company

Mission of the company

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

VALUES & STRENGTHS

CUSTOMER CENTRIC APPROACH

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

THE BRANDS OF THE COMPANY

2. Mens, Womens & Kids wear

Downloaded by Ayan Khan (ayankhan1516@gmail.com)

THE DIFFERENT DEPARMENTS OF THE COMPANY