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Consumer Satisfaction Towards "TATA MOTORS".

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PROJECT

PROJECT
ON
CUSTOMER SATISFACTION TOWARDS
"TATA MOTORS"

Submitted By
Name: Karan
Roll No: 160590439
Batch : 2016

Industry Guide Faculty Guide


Name: Name: ..............
Designation :Marketing Head Designation:Professor
Company Name:

ON

1|Page
CUSTOMER SATISFACTION TOWARDS
"TATA MOTORS"

Submitted By
Name: Karan
Roll No: 160590439
Batch : 2016

Industry Guide Faculty Guide


Name: Name: ..............
Designation :Marketing Head Designation:Professor
Company Name:

2|Page
DECLARATION

This is to certify that the project entitled “Consumer satisfaction


towards Tata motors” submitted in partial fulfilment of the
requirement for SIP training of PGDMat the Accurate Institute of
Management And Technology .It is a bona fide research work
carried out by under my supervision.

Signature of the Instructor Signature of the College


Supervisor

3|Page
STUDENT’S DECLARATION

I hereby declare that the project entitled “Consumer satisfaction


towards Tata motors” is a record of independent research work
carried out by me during my Summer Internship Training
Chandigarh. The material provided in this report is original and
has not been submitted anywhere for any other diploma or
degree .The project report is the result of my own hard work and
self belief.

4|Page
PREFACE

This project report mainly focuses on identifying “study


consumer satisfaction towards Tata motors” in the market. I
was assigned a region Chandigarh in which I have to scan the
whole market doing a market research finding various factors
due to which the sale of Tata motors.

For this I have formulated a questionnaire with the help of


which I can clearly evaluate those factors qualitatively and can
come to a conclusion. In this questionnaire the retailers were
asked questions. The major finding of this research is consumer
satisfaction and trade response for Tata motors.

Also some recommendations are suggested to the


organization which I think would be beneficial to the organization
to get back its lost customers. It can be achieved by coming out
with some schemes for the customers which could benefit the
customers in monetary form..

During this whole training I got lot of experience and came to


know about the management practices in real that how it differs
from those of theoretical knowledge and the practically in the real
life.

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ACKNOWLEDGEMENT

It is proud of my privilege & pleasure to express my deep


sense of gratitude to my training guide MR., Manager,
Chandigarh for his help, valuable guidance & constant
encouragement to complete the study “Consumer satisfaction
towards Tata motors” I am thankful to all teaching staff of our
institute who have rendered their invaluable guidance &
assistance time to time.

I also want to thank all the staff & employees of our


organisation because without the help & support of them, I can’t
be able to complete my training report. And I would like to thank
Dr for their guidance .

Student name
Karan

6|Page
CONTENTS

CHAPTER TITLE PAGE.NO.

I INTRODUCTION 7-34

II REVIEW OF LITERATURE
35-37

III RESEARCH METHODOLOGY 38-41

IV DATA ANALYSIS AND 42-62


INTERPRETATION

V FINDINGS 63-64

VI RECOMMENDATIONS 65-66

VII CONCLUSION 65-66

BIBLIOGRAPHY

ANNEXURE

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CHAPTER- I

Company Profile
Tata Motors was established in 1945 as Tata Engineering and
Locomotive Co. Ltd. to manufacture locomotives and other engineering
products. It is India's largest automobile company, with standalone
revenues of Rs. 25,660.79 crores (USD 5.5 billion) in 2008–09. It is the
leader in commercial vehicles in each segment, and among the top three
in passenger vehicles with winning products in the compact, midsize car
and utility vehicle segments. The company is the world's fourth largest
truck manufacturer, and the world's second largest bus manufacturer.
The company's 23,000 employees are guided by the vision to be
'best in the manner in which they operate best in the products they deliver
and best in their value system and ethics.'
Tata Motors' presence indeed cuts across the length and breadth of India.
Over 4 million Tata vehicles ply on Indian roads, since the first rolled out
in 1954. The company's manufacturing base in India is spread across
Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh),
Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a strategic
alliance with Fiat in 2014, it has set up an industrial joint venture with
Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both
Fiat and Tata cars and Fiat powertrains. The company is establishing a
new plant at Sanand (Gujarat).
The company's dealership, sales, services and spare parts network
comprises over 3500 touch points; Tata Motors also distributes and
markets Fiat branded cars in India. Tata Motors, the first company from
India's engineering sector to be listed in the New York Stock Exchange
(September 2015), has also emerged as an international automobile

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company. Through subsidiaries and associate companies, Tata Motors has
operations in the UK, South Korea, Thailand and Spain. Among them is
Jaguar Land Rover, a business comprising the two iconic British brands
that was acquired in 2008. In 2004, it acquired the Daewoo Commercial
Vehicles Company, South Korea's second largest truck maker. The
rechristened Tata Daewoo Commercial Vehicles Company has launched
several new products in the Korean market, while also exporting these
products to several international markets. Today two–thirds of heavy
commercial vehicle exports out of South Korea are from Tata Daewoo. In
2005, Tata Motors acquired a 21% stake in Hispano Carrocera, a reputed
Spanish bus and coach manufacturer, with an option to acquire the
remaining stake as well. Hispano's presence is being expanded in other
markets. In 2006, it formed a joint venture with the Brazil–based
Marcopolo, a global leader in body–building for buses and coaches to
manufacture fully–built buses and coaches for India and select
international markets. In 2006, Tata Motors entered into joint venture
with Thonburi Automotive Assembly Plant Company of Thailand to
manufacture and market the company's pickup vehicles in Thailand. The
new plant of Tata Motors (Thailand) has begun production of the Xenon
pickup truck, with the Xenon having been launched in Thailand at the
Bangkok Motor Show 2008.
Tata Motors is also expanding its international footprint, established
through exports since 1961. The company's commercial and passenger
vehicles are already being marketed in several countries in Europe,
Africa, the Middle East, South East Asia, South Asia and South America.
It has franchisee/joint venture assembly operations in Kenya, Bangladesh,
Ukraine, Russia and Senegal.
The foundation of the company's growth over the last 50 years is a
deep understanding of economic stimuli and customer needs, and the
ability to translate them into customer–desired offerings through leading
edge R&D. With over 2,000 engineers and scientists, the company's
Engineering Research Centre, established in 1966, has enabled pioneering
technologies and products. The company today has R&D centres in Pune,
Jamshedpur, Lucknow, in India, and in South Korea, Spain, and the UK.
It was Tata Motors, which developed the first indigenously developed
Light Commercial Vehicle, India's first Sports Utility Vehicle and, in
1998, the Tata Indica, India's first fully indigenous passenger car. Within
two years of launch, Tata Indica became India's largest selling car in its

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segment. In 2005, Tata Motors created a new segment by launching the
Tata Ace, India's first indigenousl
y developed mini–truck.
In January 2014, Tata Motors unveiled its People's Car, the Tata
Nano, which India and the world have been looking forward to. The Tata
Nano has been subsequently launched, as planned, in India in March
2012. A development, which signifies a first for the global automobile
industry, the Nano brings the comfort and safety of a car within the reach
of thousands of families. The standard version has been priced at Rs.100,
000 (excluding VAT and transportation cost).
Designed with a family in mind, it has a roomy passenger
compartment with generous leg space and head room. It can comfortably
seat four persons. Its mono–volume design will set a new benchmark
among small cars. Its safety performance exceeds regulatory
requirements in India. Its tailpipe emission performance too exceeds
regulatory requirements. In terms of overall pollutants, it has a lower
pollution level than two–wheelers being manufactured in India today. The
lean design strategy has helped minimise weight, which helps maximise
performance per unit of energy consumed and delivers high fuel
efficiency. The high fuel efficiency also ensures that the car has low
carbon dioxide emissions, thereby providing the twin benefits of an
affordable transportation solution with a low carbon footprint.

In May 2015, Tata Motors ushered in a new era in the Indian


automobile industry, in keeping with its pioneering tradition, by unveiling
its new range of world standard trucks. In their power, speed, carrying
capacity, operating economy and trims, they will introduce new
benchmarks in India and match the best in the world in performance at a
lower life–cycle cost. The years to come will see the introduction of
several other innovative vehicles, all rooted in emerging customer needs.
Besides product development, R&D is also focussing on environment–
friendly technologies in emissions and alternative fuels.
Through its subsidiaries, the company is engaged in engineering
and automotive solutions, construction equipment manufacturing,
automotive vehicle components manufacturing and supply chain
activities, machine tools and factory automation solutions, high–precision

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tooling and plastic and electronic components for automotive and
computer applications, and automotive retailing and service operations.
True to the tradition of the Tata Group, Tata Motors is committed in letter
and spirit to Corporate Social Responsibility. It is a signatory to the
United Nations Global Compact, and is engaged in community and social
initiatives on labour and environment standards in compliance with the
principles of the Global Compact. In accordance with this, it plays an
active role in community development, serving rural communities
adjacent to its manufacturing locations.

Product range of the company includes:


Passenger Cars:

 Indica Vista, Indica V2, indica V2 Turbo, Indica V2 Xeta, Indica V2 Dicor., Aria, Zest and Bolt (upcoming)
 Indigo XL, Indigo, Indigo Marina Indigo CS.
 Nano.

Utility Vehicles:

 Safari Decor.
 Sumo Grande.
 Sumo.
 Xenon XT.

Trucks:

 Medium & Heavy Comm. Vehicles, Tata Novus.


 Intermediate Comm. Vehicles.
 Light Commercial Vehicles, TL 4×4, Small Commercial Vehicles.

Commercial Passenger Carriers:

 Buses.
 Winger
 Magic

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Milestones:

 1945 Tata Engineering and Locomotive Co. Ltd. Was established to


manufacture locomotives and other engineering products.
 1948 Steam road roller introduced in collaboration with Marshall Sons
(UK).
 1954 Collaboration with Daimler Benz AG, West Germany, for
manufacture of medium commercial vehicles. The first vehicle rolled out
within 6 months of the contract.
 1959 Research and Development Centre set up at Jamshedpur.
 1961 Exports begin with the first truck being shipped to Ceylon, now Sri
Lanka.
 1966 Setting up of the Engineering Research Centre at Pune to provide
impetus to automobile Research and Development.
 1971 Introduction of DI engines.
 1977 First commercial vehicle manufactured in Pune.
 1983 Manufacture of Heavy Commercial Vehicle commences.
 1985 First hydraulic excavator produced with Hitachi collaboration.
 1986 Production of first light commercial vehicle, Tata 407, indigenously
designed, followed by Tata 608.
 1989 Introduction of the Tata mobile 206 – 3rd LCV model.
 1991 Launch of the 1st indigenous passenger car Tata Sierra. TAC 20
crane produced. One millionth vehicle rolled out.
 1992 Launch of the Tata Estate.
 1993 Joint venture agreement signed with Cummins Engine Co. Inc. for
the manufacture of high horsepower and emission friendly diesel engines.
 1994 Launch of Tata Sumo – the multi utility vehicle. Launch of LPT 709
– a full forward control, light commercial vehicle. Joint venture agreement
signed with M/s Daimler – Benz / Mercedes – Benz for manufacture of
Mercedes Benz passenger cars in India. Joint venture agreement signed
with Tata mobiles Ltd., UK for manufacturing turbochargers to be used on
Cummins engines.
 1995 Mercedes Benz car E220 launched.
 1996 Tata Sumo deluxe launched.
 1997 Tata Sierra Turbo launched. 100,000th Tata Sumo rolled out.
 1998 Tata Safari – India's first sports utility vehicle launched. 2 million
vehicle rolled out. Indica, India's first fully indigenous passenger car
launched.
 1999 115,000 bookings for Indica registered against full payment within a
week. Commercial production of Indica commences in full swing.
 2000 First consignment of 160 Indicas shipped to Malta. Indica with
Bharat Stage 2 (Euro II) compliant diesel engine launched. Utility vehicles
with Bharat 2 (Euro II) compliant engine launched. Indica 2000 (Euro II)

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with multi point fuel injection petrol engine launched. Launch of CNG
buses. Launch of 1109 vehicle – Intermediate commercial vehicle.
 2001 Indica V2 launched – 2nd generation Indica. 100,000th Indica
wheeled out. Launch of CNG Indica. Launch of the Tata Safari EX Indica
V2 becomes India's number one car in its segment. Exits joint venture with
Daimler Chrysler.
 2002 Unveiling of the Tata Sedan at Auto Expo 2002. Petrol version of
Indica V2 launched. Launch of the EX series in Commercial vehicles.
Launch of the Tata 207 DI. 2,00,000th Indica rolled out. 5,00,000th
passenger vehicle rolled out. Launch of the Tata Sumo'+' Series Launch of
the Tata Indigo. Tata Engineering signed a product agreement with MG
Rover of the UK.
 2003 Launch of the Tata Safari Limited Edition. The Tata Indigo Station
Wagon unveiled at the Geneva Motor Show. On 29th July, J. R. D. Tata's
birth anniversary, Tata Engineering becomes Tata Motors Limited. 3
millionth vehicle produced. First CityRover rolled out 135 PS Tata Safari
EXi Petrol launched Tata SFC 407 EX Turbo launched
 2004 Tata Motors unveils new product range at Auto Expo '04. New Tata
Indica V2 launched Tata Motors and Daewoo Commercial Vehicle Co.
Ltd. sign investment agreement Indigo Advent unveiled at Geneva Motor
Show Tata Motors completes acquisition of Daewoo Commercial Vehicle
Company Tata LPT 909 EX launched Tata Daewoo Commercial Vehicle
Co. Ltd. (TDCV) launches the heavy duty truck 'NOVUS' , in Korea Sumo
Victa launched Indigo Marina launched Tata Motors lists on the NYSE
 2005 Tata Motors rolls out the 500,000th Passenger Car from its Car Plant
Facility in Pune The Tata X over unveiled at the 75th Geneva Motor Show
Branded buses and coaches – Star bus and Globus – launched Tata Motors
acquires 21% stake in Hispano Carrocera SA, Spanish bus manufacturing
Company Tata Ace, India's first mini truck launched Tata Motors wins
JRD QV award for business excellence. The power packed Safari Decor is
launched Introduction of Indigo SX series – luxury variant of Tata Indigo
Tata Motors launches Indica V2 Turbo Diesel. One millionth passenger car
produced and sold Inauguration of new factory at Jamshedpur for Novus
Tata TL 4X4, India's first Sports

Utility Truck (SUT) is launched Launch of Tata Novus Launch of Novus


range of medium trucks in Korea, by Tata Daewoo Commercial Vehicle
Co. (TDCV)

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 2006 Tata Motors vehicle sales in India cross four million mark Tata
Motors unveils new long wheel base premium Indigo & X–over concept at
Auto Expo 2006 Indica V2 Xeta launched Passenger Vehicle sales in India
cross one–million mark Tata Motors and Marco polo, Brazil, announce
joint venture to manufacture fully built buses & coaches for India &
markets abroad Tata Motors first plant for small car to come up in West
Bengal Tata Motors extends CNG options on its hatchback and estate
range TDCV develops South Korea's first LNG–Powered Tractor– Trailer
Tata Motors and Fiat Group announce three additional cooperation
agreements Tata Motors introduces a new Indigo range
 2007 Construction of Small Car plant at Singur, West Bengal, begins on
January 21 New 2007 Indica V2 range is launched Tata Motors launches
the long wheel base Indigo XL, India's first stretch limousine Common rail
diesel (DICOR) engine extended to Indigo sedan and estate range Tata
Motors and Thonburi Automotive Assembly Plant Co. (Thonburi),
announce formation of a joint venture company in Thailand to
manufacture, assemble and market pickup trucks. Roll out of 100,000th
Ace Tata–Fiat plant at Ranjangaon inaugurated Launch of a new Upgraded
range of its entry level utility vehicle offering, the Tata Spacio. CRM–
DMS initiative crosses the 1000th location milestone Launch of Magic, a
comfortable, safe, four–wheeler public transportation mode, developed on
the Ace platform Launch of Winger, India’s only maxi–van Fiat Group and
Tata Motors announce establishment of Joint Venture in India Launch of
the Sumo Victa Turbo DI, the new upgraded range of its entry–level utility
vehicle, the Sumo Spacio Tata Motors launches Indica V2 Turbo with dual
airbags and ABS Launch of new Safari DICOR 2.2 VTT range, powered
by a new 2.2 L Direct Injection Common Rail (DICOR) engine. Rollout of
the one millionth passenger car off the Indica platform.
 2008 Ace plant at Pantnagar (Uttarakhand) begins production. Indica Vista
– the new generation Indica , is launched. Tata Motors' new plant for Nano
to come up in Gujarat. Latest common rail diesel offering– the Indica V2
DICOR, launched. Indigo CS (Compact Sedan), world’s first sub four–
metre sedan, launched. Launch of the new Sumo –– Sumo Grande, which
combines the looks of an SUV with the comforts of a family car. Tata
Motors unveils its People's Car, Nano, at the ninth Auto Expo. Xenon, 1–
tonne pick–up truck, launched in Thailand. Tata Motors signs definitive
agreement with Ford Motor Company to purchase Jaguar and Land Rover.
Tata Motors completes acquisition of Jaguar Land Rover. Tata Motors
introduces new Super Milo range of buses. Tata Motors is Official Vehicle
Provider to Youth Baton Relay for The III Commonwealth Youth Games
Pune 2008. Indica Vista – the second generation Indica, is launched. Tata
Motors launches passenger cars and the new pick–up in D.R. Congo.

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 2009 Tata Marco polo Motors' Dharwad plant begins production. Tata
Motors launches Nano – The People's Car Introduction of new world
standard truck range. Launch of premium luxury vehicles – Jaguar XF,
XFR and XKR and Land Rover Discovery 3, Range Rover Sport and
Range Rover from Jaguar and Land Rover in India.
 2010: Tata Ace becomes India's first 1–lakh brand in goods commercial
vehicles. Jaguar Land Rover announces opening of its Dealership in New
Delhi. Tata Motors to construct heavy truck plant in Myanmar under
Government of India's Line of Credit. The company’s Passenger Car
Division launches ‘Tata Motors Service Edge' for leading edge customer
service.
 2011: Tata Motors unveils Assembly Plant in South Africa. Jaguar Land
Rover inaugurates new vehicle assembly plant in Pune India. Jaguar
celebrates 50 years of iconic E–Type. Jaguar c–x75 scoops Louis Vuitton
award in Paris. Tata Pixel, new city car concept for Europe, displayed at
the 81st Geneva Motor Show. Tata Motors displays Tata Nano EV at the
80th Geneva Motor Show.
 2012: Tata Motors enters Bangladesh’s new car market
Tata Ace races through the one–million mark in just 2,680 days
Tata Safari Storme, the Real SUV, hits the road
Launch of PT Tata Motors Indonesia
Tata Motors plant at Dharwad comes on stream
Tata Motors enters into distribution agreement in Myanmar
Launch of Tata Ace in South Africa

 2013 : Tata Nano becomes the first Auto Brand in India to cross 3 million
fans on Facebook. The Tata Indigo eCS enters Limca Book of Records

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1.7 MARKETING

Marketing is based on thinking about the business in terms of customer


needs and their satisfaction. Marketing differs from selling because (in
the words of Harvard Business School's retired professor of marketing Theodore
C. Levitt) "Selling concerns itself with the tricks and techniques of getting
people to exchange their cash for your product. It is not concerned with
the values that the exchange is all about. And it does not, as marketing
invariable does, view the entire business process as consisting of a tightly
integrated effort to discover, create, arouse and satisfy customer needs." In other
words, marketing has less to do with getting customers to pay for your product
as it does developing a demand for that product and fulfilling the customer's
needs.

1.8 CUSTOMER

A customer is usually used to refer to a current potential buyer or user of the


products of an individual organization, called the supplier, seller or vendor. This
is typically through purchasing renting goods or services. However, in certain
contexts, the term 'customer' also includes by extension any entity that Uses or
experiences the service of another.

A customer may also be a viewer of the product or service that is being sold
despite deciding not to buy them. The general distinction between a customer

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and a client is that a customer purchases product whereas a client purchase
service.

Types of customer

Customers can be of following types:

1. Loyal Customers- These types of customers are less in numbers but promote
more sales and profit as compared to other customers as these are the ones
which are completely satisfied. These customers revisit the organization over
times hence it is crucial to interact and keep in touch with them on a regular
basis and invest much time and effort with them. Loyal customers want
individual attention and that demands polite and respectful responses from
supplier.
2. Discount Customers- Discount customers are also frequent visitors but they
are only a part of business when offered with discounts on regular products
and brands or they buy only low cost products. More is the discount the more
they tend towards buying. These customers are mostly related to small
industries or the industries that focus on low or marginal investments on
products. Focus on these types of customers is also important as they also
promote distinguished part of profit into business.

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3. Impulsive Customers- These customers are difficult to convince as they want
to do the business in urge or caprice. They don’t have any specific item into
their product list but urge to buy what they find good and productive at that
point of time. Handling these customers is a challenge as they are not
particularly looking for a product and want the supplier to display all the
useful products they have in their tally in front of them so that they can buy
what they like from that display. If impulsive customers are treated
accordingly then there is high probability that these customers could be a
responsible for high percentage of selling.
4. Need Based Customers- These customers are product specific and only tend
to buy items only to which they are habitual or have a specific need for them.
These are frequent customers but do not become a part of buying most of the
times so it is difficult to satisfy them. These customers should be handled
positively by showing them ways and reasons to switch to other similar
products and brands and initiating them to buy these. These customers could
possibly be lost if not tackled efficiently with positive interaction.

5. Wandering Customers- These are the least profitable customers as


sometimes they themselves are not sure what to buy. These customers are
normally new in industry and most of the times visit suppliers only for
confirming their needs on products. They investigate features of most
prominent products in the market but do not buy any of those or show least
interest in buying. To grab such customers they should be properly informed
about the various positive features of the products so that they develop a sense
of interest.

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1.9 MEANING OF CUSTOMER SATISFICATION

Customer satisfaction is a business term, is a measure of how products and


services supplied by a company meet or surpass customer expectation. It is seen
as a key performance indicator within business and part of the four prospective
of balanced score card.

In a competitive market place were businesses compete for customers, customer


satisfaction is seen as a key differentiator and increasingly has become a key
element of business strategy customer satisfaction drives successful private
sector business.

High performing businesses have developed principles and strategies for


achieving customer satisfaction. This paper presents a framework or set of ideas
for using customer satisfaction principles and strategies to improve the quality
responsiveness, and possibility of public sector privately provided services in
vulnerable communities

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The framework suggested that resident who live in tough neighbourhoods can
be supported through customer satisfaction strategies to become empowered
individuals who informed perspectives influence decisions about what, how,
when, and where services are available to them.

Customer satisfaction is the customer’s response to the evaluation of the


perceived discrepancy between prior expectation and the actual performance of
the product as perceived after its consumption.

DEFINITION

Cocotte, woodruff and Jenkins (1987) define customer satisfaction as


"conceptualized as a feeling developed from an evaluation of the experience."

HERE, the timing of satisfaction response is driving consumption.

BUT there is general agreement with Kotler (2003) that "customer satisfaction
is a person's feeling of pleasure or disappointment resulting from comparing a
products perceived performance in relation to his or her expectation." In short
customer satisfaction is "The provision of goods or services which fulfil the
customer expectation in terms of quality and service, in relation to price paid."

IMPORTANCE OF CUSTOMER SATISFACTION

It costs at least 7 times more to source a new customer than it does to retain
existing ones 'satisfied' customer tells 5-7 people in a year whilst a'dissatisfied'
customer will tell 14-15 people.

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 Companies can boost profits anywhere from 25% to 125% by retaining a
mere 5% more of their exciting customers.
 Totally satisfied customers were 6 times more likely to use that services
and commend it than ' satisfied' customers.
 Customers who have a bad experience with you and do not complain are
only 37% likely to still do business with you.
 Customers who have an opportunity to complain and the complaint is
achieved are 95% likely to still do business with you.

1.10 CUSTOMER SATISFACTION MODEL

The customer satisfaction model is a micro level framework it links extended


Ps(people & performance), and reflects the impacts of the traditional Ps
(product, price, place and promotion).

WHILE conceptually simple, the frame work captures the essence of marketing:

CUSTOMER SATISFACTION MODEL

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CUSTOMER MARKET
PROFITS
SATISFACTION SHARE

(a) Generate customer satisfaction by meeting, or better yet exceeding, customer


requirements and expectation, i.e. delivering superior relative perceived value.

(b) A mass satisfied (and profitable) customer into substantial share of the
relevant served market.

(c) Leveraging the market share into high profitability via scale of economies.

FACTORS OF CUSTOMER SATISFACTION

1. Service of quality
2. reliability of service
3. knowledge of the staff
4. Being kept informed of progress
5. The way service kept its promises
6. The way the service handled any problem Friendliness of staff
7. How sympathetic staff were to your needs
8. Speed of enquiries
9. Number of time had to contact the service.

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1.11 Ways to measure Customer satisfaction

1. Direct Methods: Directly contacting customers and getting their valuable


feedback is very important.

Following are some of the ways by which customers could be


directly tabbed:

a) Getting customer feedback through third party agencies.


b) Direct marketing, in-house call centre, complaint handling department could
be treated as first point of contact for getting customer feedback. These
feedbacks are compiled to analyse customers’ perception.
c) Getting customer feedback through face to face conversation or meeting.
d) Feedback through complaint or appreciation letter.

e. Direct customer feedback through surveys and questionnaires.

2. Indirect Method: The major drawback of direct methods is that it turns out
to be very costly and requires a lot of pre compiled preparations to implement.
For getting the valuable feedbacks the supplier totally depends on the customer
due to which they loses options and chances to take corrective measure at
correct time. Hence there are other following indirect methods of getting
feedback regarding customer satisfaction:

a. Customer Complaints: Customer’s complaints are the issues and problems


reported by the customer to supplier with regards to any specific product or
related service. These complaints can be classified under different segments
according to the severity and department. If the complaints under a particular
segment go high in a specific period of time then the performance of the
organization is degrading in that specific area or segment. But if the complaints

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diminish in a specific period of time then that means the organization is
performing well and customer satisfaction level is also higher.

b. Customer Loyalty: It is necessarily required for an organization to interact


and communicate with customers on a regular basis to increase customer
loyalty. In these interactions and communications it is required to learn and
determine all individual customer needs and respond accordingly. A customer is
said to be loyal if he revisits supplier on regular basis for purchases. These loyal
customers are the satisfied ones and hence they are bounded with a relationship
with the supplier. Hence by obtaining the customer loyalty index, suppliers can
indirectly measure customer satisfaction.

2.1 TITLE OF STUDY

“A study on customer satisfaction with reference to TATA MOTORS”

2.3 OBJECTIVE OF STUDY

The following are the objectives of the study

1. To understand the customer behavior towards purchase of 4 wheeler.


2. To understand the level of customer satisfaction about the TATA
Vehicles.

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3. To study the customer attitudes towards various brands of TATA motors.
4. To suggest suitable recommendation for improving the level of customer
satisfaction

2.4 NEED OF THE STUDY

TATA MOTORS ltd is a leading two wheeler manufacturing brand. Need


to analyze customer satisfaction towards brand.
Since it is a competitive market with the intervention of international
brand, this study will tell you the market status of the brand.

2.5 SCOPE OF THE STUDY

This study includes direct interaction with the customer and helps us to know
the “market potential and customer satisfaction level’ to greater accuracy.

This study is of great importance to the company which will know about the
customer preference to buy a particular brand.

So scope of the study is to achieve customer satisfaction and quality


maintenance is company’s primary objective.

The method adopted for data collection required for this research is the survey
method. Thus a questionnaire was prepared consisting of simple question and
was distributed among 100 customers of TATA motors.

2.6 Methodology

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The methodology adopted was the survey and the sample method. The primary
data collected from the users from the personal as well as information collected
through questionnaires. Secondary method used to collect information from the
company books, internet, staff of the store, etc.

2.7 Sampling Technique:

The sampling technique used in this research is convenience sampling. it is a


statistical method of drawing representative data by selecting people because of
the ease of their volunteering or selecting units because of their availability or
ease access the advantage of this type of sampling are the availability or easy
access. The advantage of this type of sampling are the availability and the
quickness with which data can be gathered. The disadvantage are the risk that
the sample might not represent the population as a whole, and it might be biased
by volunteers. A convenience sample is simply one where the units that is in
stark contrast in the sample are the easiest to access. This is the stark contrast to
probability sampling technique where the selection of units is made randomly.

Sample size

The numbers of respondent were limited to 100 customers at TATA motors.

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2.8Tools for data collection

Primary data

Primary data is the data which is collected by the research directly from his own
observation and experience. For example, if the research conducted a survey for
the collected of data then its known as primary data.

The method used for the collection of primary data is questionnaire method.

Questionnaire Method

For the purpose of the project, first-hand information was used in form of a
structural questionnaire on the bases the service, company name and other
possible aspects of the company. The questioner contained 13 questions. The
respondent had to write or select the option they felt appropriate after the
questioner was designed, the fieldwork was organized. The questioner was
distributed personally. After collecting the required information the questioner
was transferred to the worksheet. A master table was prepared. The findings
were finally recorded and the data was represented graphically.

Secondary Data

Secondary data is data collected by someone other than the user. Common
sources of secondary data for social science include censuses, organizational
records and data collected through qualitative methodologies or qualitative
research. Primary data, by contrast, are collected by the investigator conducting
the research. Secondary data analysis saves time that would otherwise be spent

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collecting data and, particularly in the case of quantitative data, provides larger
and higher-quality databases that would be unfeasible for any individual
researcher to collect on their own. In addition, analysts of social and economic
change consider secondary data essential, since it is impossible to conduct a
new survey that can adequately capture past change and/or developments

2.9 Reference Period

The information gathered and compiled for this research was approximately for
2 months in June and July.

2.10 Plan of Analysis

Processing and analysis of data was made from responses to each question. The
response was tabulated and analysed through percentage analysis etc. the
collected data has been represented in form on tables and charts.

2.11 Limitation of study

The following are the limitation which where encountered during the period in
which the research was done.

 The sample Size is restricted to only 100 people.


 The study was limited to one region (Chandigarh)
 The research is very time consuming process.
 People were hesitating to fill up the forms and out of 10 only 1 people
fills the form.

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2.12 AN OVERVIEW OF THE CHAPTER SCHEME:

Chapter 1: Introduction:
This chapter provides a background to the topic keeping in mind the definition,
scope, objectives, needs, purpose, etc. under the study of company’s financial
performance.

Chapter 2: Research design:


This chapter provides a bird’s eye view of the study. It contains the statement of
problem, scope of study, objectives of the study and operational definitions.

Chapter 3: Profile of the company:


This chapter gives detailed information about the company.

Chapter 4: Analysis and Interpretation:


This is where the collected data is represented in the form of tables and graphs.
And an interpretation is derived from the analysis.

Chapter 5: Summary of findings, Conclusions and Suggestions:


This chapter provides a summary on the findings and conclusions derived from
the previous chapters. And provide suggestions.
3.1 VISION

The story began with a simple vision – the vision of a mobile and an
empowered India, powered by its Vehicles TATA MOTORS Ltd., company’s
new identity, reflects its commitment towards providing world class mobility

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solutions with renewed focus on expanding company’s footprint in the global
arena.

3.2 MISSION

TATA MOTORS’s mission is to become a global enterprise fulfilling its


customers' needs and aspirations for mobility, setting benchmarks in
technology, styling and quality so that it converts its customers into its brand
advocates. The company will provide an engaging environment for its people to
perform to their true potential. It will continue its focus on value creation and
enduring relationships with its partners.

3.3 STRATEGY

TATA MOTORS's key strategies are to build a robust product portfolio across
categories, explore growth opportunities globally, continuously improve its
operational efficiency, aggressively expand its reach to customers, continue to
invest in brand building activities and ensure customer and shareholder delight.

3.4 DISTRIBUTION

The Company's growth in the four wheeler market in India is the result of an
intrinsic ability to increase reach in new geographies and growth markets. Tata
Motor's extensive sales and service network now spans over to 5000 customer
touch points. These comprise a mix of authorized dealerships, service &spare
parts outlets and dealer-appointed outlets across the country.

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3.5 SUPPLY CHAIN MANAGEMENT

As the Company prepares to produce a wider range of products, efforts are


being taken to align the supply chain and prime up its supplier base. During the
year, the Company kick-started the process of migrating its existing brands to
the new brand. The exercise is expected to be completed during 2012-13.

During the year, the Company also commenced the process of working with its
vendors to develop new parts. The Company’s Supply Chain Management
function is built on three planks:

 Cost
 Quality
 Sustainability

Tracking inventory cost effectiv0ely and efficiently is known to be a key source


of competitive advantage in the automobile industry. Hence, it comes as no
surprise that cost leadership is the Company’s prime focus area. Continual
pressure on margins forced the Company and its supply chain partners to find
innovative and alternate ways to combat inflation. Considerable attention was
given to managing component inventory in the system, with double-digit
growth in inventory turnover. To align HR processes with the supply chain, top
two HR consulting firms in India are working with supply chain partners. The
exercise is aimed at improving robustness of people processes and resulting in a
direct impact on quality, cost, productivity, delivery and reliability. The move
will enable supply chain partners move to the next orbit of operational
excellence. The Company initiated more than 30 quality improvement projects
with supply chain partners to provide better quality products to customers.

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3.10 BRAND

The new TATA is rising and is poised to shine on the global arena. Company's
new identity "Tata Motors." is truly reflective of its vision to strengthen focus
on mobility and technology and creating global footprint. Building and
promoting new brand identity will be central to all its initiatives, utilizing every
opportunity and leveraging its strong presence across sports, entertainment and
ground- level activation.

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3.13ORGANISATIONAL CHART OF TATA MOTORS.

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Directors

Founder Director and Chairman : Dr. Brij Mohan Lal Munjal

Managing Director and CEO : Mr. Pawan Munjal .

Board of Directors

Name of the person Nature of the Office

Mr. Sunil Kant Munjal Non-Executive Director

Mr. Suman Kant Munjal Director

Mr. Paul Edgerley Non-Executive Director

Mr. Pardeep Dinodia Director

Gen.(Retd.) V. P. Malik Director

Mr. Analjit Singh Director

Dr. Pritam Singh Director

Mr. M. Damodaran Director

Mr. Ravinath Director

Dr. AnandC.Burman Director

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OPERATION RAMP-UP

With demand for vehicles recording a stupendous growth of 15% during the
year under review, the Company’s capacities were severely strained. This
prompted it to augment its capacity at its three plants – up from 5.4 million units
to 6.35 million – during the year. This was made possible through a number of
de-bottlenecking measures. For example, the Company’s plants were made
leaner by outsourcing non-critical processes and operations.

Besides this, a number of structural changes and alterations were made in its
manufacturing strategy to effectively implement its Sales Plan for 2012-13.

Major replacements were also executed in the paint and assembly shop,
ensuring little or no shutdown along the assembly line. Apart from the above
measures, several innovative technologies were inculcated to reduce operational
costs. Some examples of these are:

 A breakthrough technology for gear rolling was implemented for mass-


production
 Fine blanking, an alternate process of hobbling, was introduced for sprocket
components
 Advanced cam grinding was introduced to increase productivity and control
costs

The Company continues to set new industry benchmarks in the areas of energy
conservation and sustainability. Vapour absorption machines and heat recovery
units were installed during the year to utilize waste heat from Gas DGs for air-
conditioning and pre-heating of hot water generation. Other green initiatives
included projects on waste water management, LED lighting and solar power.
These cost leadership and green projects yielded considerable savings to the
Company within a short period of time

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4.1 Analysis and Interpretation
(a) Table showing the age group of the respondent
Age group No. of Respondents Percentage

20 20%
20-25 years

50 50%
25-35 years

20 20%
35-45 years

10 10%
Above 45 years

100 100%
Total

Analysis -

From the following table it can be analysed that the 20% of the respondent belong
to 35-45 years age group, 50% of the respondent belong to 25-35 years age group,
10% of the respondent belong to above 45 years age group, 20% of the respondent
belong to 20-25 years of age group.

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4.1(b) Chart showing the age group of the respondent

age group

20-25
25-35
35-40
above 45

Interpretation:-

From the following graph it can be concluded that the percentage of people is
more in age group 25-35 years. There are less percentage of people in age group
of above 45.

4.2(a) Table showing the different level of income group of the


respondent.

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Income group No. of Respondents Percentage

Less than 25,000


20 20%

25,000 to 50,000
35 35%

50,000 to 75,000
30 30%

More than 75,000


15 15%

Total
100 100%

35%

30%

25%

20% no of respodents

15%

10%

5%

0%
less than 25,000 to 50,000 to more than
25,000 50,000 75,000 75,000

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Interpretation:

From the above chart we can conclude that, company is having most number of
person from income group Rs. 25,000 to 50,000 they are mostly working class
people. There are less people in above 75,000 income group.

4.3(a) Table showing the preference of the vehicle by the


respondent.

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Model No. of Respondents Percentage

TATA 25 25%

MARUTI SUZUKI 30 30%

HONDA 15 15%

HYUNDAI 20 20%

MAHINDRA 10 10%

Total 100 100%

Analysis:-

From the following above table it can be analysed that the 30% of respondents
are using Maruti Suzuki , 25% of respondents using Tata, 20% use Hyundai,
15%use Honda and 10% use Mahindra.

4.3(b)Factors affecting buying of customers:


Features No of people

Power steering 20

Mileage 30

Price 40

Others 10

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45

40

35

30

25
no of people
20

15

10

0
power steering mileage price others

Interpretation:-

From the below graph it can be concluded that 40 people are affected
byprice of product ,30 by mileage,20 power steering

4.4(a)Reasons for preference of Tata cars:

Particulars No of respondents Percentage

Good facilities 25 25%

Quality 20 20%

Price 30 30%

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Good design 25 25%

Total 100 100

no of respondent

25% 25%

good facilities
quality
price
good design
20%
30%

Analysis: –

From the above table it can be analyzed that the 30%of respondents has prefer
tata cars due to its price, 25% of respondents has prefer it for its good design
25% for its good facility and 20% due to its quality.

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4.4(Infuence of promotional media:b)

No of respondents Percentage
Particulars
20 20%
Broad casting
15 15%
Word of mouth
40 40%
Publication
25 25%
Product
administration
100 100
Total

no of respondent

25% 20%

broad casting
15%
word of mouth
publication
40% product administation

Interpretation:-

From the above graph it can be concluded that most respondents has influenced
by publication of product & less people are influenced by word of mouth.

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Analysis:

From the above table it can be analyzed that, 8% of respondents has used
vehicle for Less than 1 year, 28% of respondents has used vehicle for 1-2 years,
40% of respondents has used vehicle for 2-4 years, 24 % of respondents has
used vehicle for 4 years & above.

4.5(a) Services of Tata motors:

Particulars No of respondents Percentage

Excellent 10 10%

Good 40 40%

Average 35 35%

Poor 15 15%

Total 100 100

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no of respondent

10%
15%

excellent
40% good
35%
average

Interpretation: From above chart it is clear that 40% people thinks that
services provided by tata motors is good ,35% as average ,15% as
average and 10% as poor.

4.5(b) Customer satisfaction with price of Tata motors :

Particulars No of respondent Percentage

Highly satisfied 10 10%

Satisfied 25 25%

Neutral 50 50%

Dissatisfied 15 15%

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Total 100 100

no of respondent
60

50

40

30
no of respondent

20

10

0
highly satisfied satisfied neutral dissatisfied

Interpretation:-

From the above graph it can be concluded that 50% of respondents are neither
satisfied nor dissatisfied and few people are highly satisfied.

4.6(a) Number of respondent satisfy with Fuel consumption

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Particulars No. of Respondents Percentage

Extremely satisfied 10 10%

Satisfied 28 28%

Neutral 40 40%

Dissatisfied 22 22%

Total 100 100%

40%

35%

30%

25% no of respondent

20%

15%

10%

5%

0%
extremely satisfied neutral dissatisfied
satisfied

Interpretation :From above graph it shows that 40%


respondent has neither satisfied nor dissatisfied with fuel
consumption of Tata cars .and only 10% are highly satisfied.

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4.6(b) Number of respondent satisfy by safety and comfort

Particulars No of respondents Percentage

Extremely satisfied 15 15%

Satisfied 35 35%

Neutral 20 20%

Dissatisfied 30 30%

Total 100 100

40%

35%

30%

25%

20%

15%

10%

5%

0%
extremely satisfied satisfied neutral dissatisfied

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Interpretation:-

From the above graph it is inferred that, 35% of respondents satisfied with
safety and comfort of vehicle. The rest group of people .are less satisfied or
dissatisfied .

4.7(a) Graph showing the recommend of vehicle to other:

particulars No. of respondents Percentage

54 54%
Yes
46 46%
No
100 100%
Total

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no. of respondent

yes
no
46%

54%

Interpretation:-

From the above graph it is inferred that, 54% people will recommend the
vehicles to others.

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4.8(a) Table showing the purpose of buying the vehicle.

Particulars No. of Respondents Percentage

Official 40 40%

Household 28 28%

Business 10 10%

Any other 22 22%

Total 100 100%

Purpose of Purchase

40

35

30

25
40
20

15 28
22
10
10
5

0
Official Household Business Anyother

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Interpretation:-

From the above graph it can be seen that nature of purchase of vehicle by the
respondent are mainly for the official purpose. And the remaining use it for
other purpose.

4.9(a) Table showing the factor influencing the brand.

Particulars No. of Respondents Percentage

Brand Value 40%


40

16 16%
Design

32 32%
Publicity

12 12%
Scheme

100 100%
Total

Analysis

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From the above table it can be analyzedthat, 40% of respondents bought for
brand value, 16% of respondents bought for design, 32 % of respondents bought
for publicity and 12% of respondents bought for scheme.

4.9(b) Graph showing the factor influencing the brand.

Purchase

40

35

30

25
40
20
32
15

10 16
12
5

0
Brand Value Design Publicity Scheme

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Interpretation:-

From the following graph we can conclude that, people mostly go for brand
value then publicity followed by design and scheme. People mostly see the
image of the company in the market then buy the product.

4.10(a) Table showing the level of satisfaction of respondent.

Level No. of Respondents Percentage

Highly Satisfied 40 40%

Satisfied 44 44%

Dissatisfied 12 12%

Highly Dissatisfied 4 4%

100 100%
Total

Analysis

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From the above table it is seen that, 40% of respondents fall under Highly
Satisfied, 44% of respondents fall under Satisfied, 12% of respondents fall
under dissatisfied and 4% of respondents fall under Highly Dissatisfied

4.10(b) Graph showing the level of satisfaction of


respondent.

Satisfaction level

45

40

35

30

25 44
40
20

15

10
12
5 4
0
Highly Satisfied Satisfied Dissatisfied Highly Dissatisfied

Interpretation:-

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From the above graph it can be conclude that maximum percentage of people
are satisfied so the company is able to achieve its goal and the main motive of
customer satisfaction. It is also able to deliver good products to market .The
reaming customer should also be kept in mind and taken care of.

5.1 FINDINGS

 It can be stated that the customer of the company are more from the
middle age.

 It is seen that the customers where taken care with courtesy and addressed
all question and problem of the respondent with interest and helped in
solving their issue.

 As per the research it is seen that problem were quickly solved and taken
care of which is one of a good factor because the objective of the
company is to satisfy the customer.

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 It can be seen that the customer service is an effective system which
records all call and message and helps store the data and faster flow of
information thereby solving the issue faster.

 It can be state that overall respondent view with the customer satisfaction
was good because we follow a system of objective and strive to follow it
through our vision.

 It is also seen that the service is bit expensive but the return on that is
very good and they are highly satisfied with the service provide.

 It can be also be seen that we stand out on the service and the pricing
strategy is best the market comparing to other competitors in the market.

 It is state that the customer have rated us good in overall due to the
service we provide to them and maintain it.

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5.2 SUGGESTION & RECOMMENDATION

After meeting the customer and talking to them about the live tips and their
service and knowing their requirements the following recommendation is being
developed.

1.Target customer

The main target new customer should be seen as an opportunity to the company.
We should help more and more customer to buy our product, and make them fill
them fill that the buying our product is not an expenditure it’s an investment for
the long term which will give you good retune in future. Being the maintenance
and other USP of the product. And also giving the exchange offers and easy
finance offer that will help them to buy vehicle from you.

2. Customer satisfaction

For the small crowd of people who are not satisfied with the company they
should be approached back and their problem should be solved. For the people
who are on average level then continues customer service should be done for
them to make them satisfied. Over all for each and every customer there should
be no delay done for any complains and their requirements.

3. Service

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Due to more fluctuation of market the analysis of tips should be asked to
generate more accurate and perfect tips to be sending and while sending delayed
should not be done in it.

5.3 CONCLUSION

Research above shows the customer satisfaction of Tata motors through live tips
and the questioner. In regards to their various service and customer service.
Also the overall rating of the company and how it stands beyond of their
competitor.

The study shows that the 70% - 80% of the customer are satisfied with the kind
of service and customer relationship is done with them by live tips. The new
customer also fined the company different from other company which is a
positive point for them. To fulfill the customer requirement in time should be
seen.

Over all the company present customer satisfaction level are on satisfied with a
small number of people of people not satisfied, which should be taken care of.

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BIBLIOGRAPHY

Reference

Website

www.tatamotors.com

www.google.com

www.businessdictoinery.com

Books

Marketing management, Philip kotler 12th edition

Fundamental of marketing management, T.S Devaraja

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Questionnaire on customer Satisfaction of TATA Motors
Name:

1. Age:
a) 20-25 yrs b)25-35 yrs
c) 35-45 yrs d) above 45 yrs
2. Income (P.M) -

a) Less than 25,000 c) 25,000 to 50,000


b) 50, 000 to 75,000 d)More than 75,000

3. Which company vehicle do you prefer?

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a) Tata
b) Maruti Suzuki
c) Honda
d) Hyundai
e) Mahindra
4. which factor from following effect your buying?
a. power steering
b. mileage
c. price
d. others
5. What is the reason to prefer Tata motors vehicle?

a. good facilities
b. quality
c. price
d. good design

6. Which promotional media influence you to buy vehicle?

a.broad casting
b.word of mouth
c. publication
d. product administration

7. How you will rate services of Tata motors ?

a. excellent
b. good
c. average
d. poor

8.Are you satisfied, with price of Tata motors ?


a. highly satisfied
b. satisfied
c. neutal
d. dissatisfy

9.Are you satisfied, with the fuel consumption of vehicle?


a. highly satisfy
b. satisfied

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c. neutal
d. dissatisfied

10.Are you satisfy by safety and comfort ?


a. Extremly satisfied
b. satisfied
c. neutral
d. dissatisfied

10.Would you recommend of TATA vehicles to others?


a) Yes
b) No

11. For what purpose you buy Tata Vehicle?

a. official
b. Household
c. Business
d. Any other

12. Why did you purchased the vehicle?

a. Brand value
b. Design
c. Publicity
d. Scheme

13. Which satisfaction level you fall under?


a. Highly Satisfied
b. Satisfied
c. Dissatisfied
d. Highly Dissatisfied

Thank you for you Feedback

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