A
SUMMER INTERSHIP PROJECT REPORT
AT
Ice stone ceramic
ON“A STUDY OF BRAND IMAGE POSITIONING OF ICE
STONE CERAMIC”
Submitted Project Guide :-
by :- POPTANI SUMIT
Sonal Patel
Smit
Kundariya
ENROLLMENT CLASS:-
NO. :-
BBA [SEM-
2]
Academic Year
2021-2023
Submitted to
SAURASHTRA UNIVERSITY
RAJKOT
OM V.V.I.M.
COLLEGE, MORBI
1
2
MANUFACTURERING
BY
PARKING TILES
3
ACKNOWLEDGEMENT
The only way to exist is co-exist. For this report start from
beginning to end from whomever I got help I take opportunity to
thank all of them.
I express my sincere thanks to Mr.CIRAG PATEL, Human Resource
Manager, who led me to the right people who helped in my project.
Again I express my sincere gratitude to Mr. JAYANTILAL Area
Manager for his complete support during the entire duration of the
project and for his constant availability for any help.
It is my first and for most duty to express my sincere thanks and
deep sense of indebtness to R&D Director Mr.SHAILESH KUNDARIYA
at ICE STONE CERAMIC. Who has guided me and taken interest in my
summer training report. His scholarly and inspiring suggestions
helped me in the successful completion of the summer training
report. Words are inadequate for him for his invaluable guidance.
I cannot forget to pay my reverence gratitude to my guide during
summer training Prof. Bhavesh sir Lecturer at
I thank a lot to all my friends for their kind co-operation and
help towards completion of my project.
Finally it is all due to the blessings of Almighty, nothing is possible
without his blessings and inspiration. Last I thank all of them who
help me for this report directly or indirectly.
4
PREFACE
The word "Ceramic" has originated from the Greek word, "Keramos",
which means pottery. It also relates to an ancient Sanskrit word whose
root meaning is "to bun," but it is predominantly used to indicate
"burnt stuff". Almost 10,000 years later, with the establishment of
settled communities, tiles were manufactured in Mesopotamia and
India. India's ceramic tile industry emerged in the 1950s. Tiles form the
most significant part of the Indian ceramics industry and consist of floor
tiles (46 per cent), vitrified and porcelain tiles (12 per cent) and wall
tiles (42 per cent).
Day by day many new changes are taking place in the world. So it is
very necessary to build people for those changes. That can be done
thro ugh best policy it has been unanimously accepted to students
with theoretical knowledge. I appreciate this step of our education
institution. I firmly believe that practical training is very much
important in the field of education, because it helps the students to
know and understand practical side of our society.
Development of industries has been the object of most of the five-
year plan in our country. This requires the best administrators. For
this purpose training is provided to the Management students.
I visited ICE STONE CERAMIC, during summer training. I enjoyed my
visit and gained so many things about the ceramic industry. Thus
practical training is very much helpful for our development.
T- Train mind and develop the talent
R - Regularize sense of self discipline in
business A - Alertness and analyzing
capability
I - Initiation with creativity
N-No compromise with quality of the
product I - Inspiration source to peers
5
N - Negotiate matter with emotional
INDEX
NO. PARTICULAR PAGE
NO.
Chapter 1 INDUSTRY OVERVIEW 8-12
1.1 Introduction 9
1.2 Ceramic tiles industry in India 10
Chapter 2 COMPANY PROFILE 13-57
2.1 Introduction of the company 14
2.2 History of the company 16
2.3 Company profile 17
2.4 Organization chart 19
2.5 Size of the firm 20
2.6 Time keeping system 21
2.7 Major players in ceramic vitrified 22
tiles
2.8 Future plan 23
2.9 Production department 24
2.10 Personnel department 34
2.11 Marketing department 40
2.12 Finance department 51
2.13 SWOT analysis 57
Chapter 3 RESEARCH METHODOLOGY 58-63
3.1 Introduction 59
3.2 Importance of research 60
3.3 Scope of the study 60
3.4 Objective of research 61
3.5 Limitation of research 61
6
3.6 Literature review 62
3.7 Research design and sample 63
design
Chapter 4 FINDINGS AND SUGGESTIONS 64-66
4.1 Findings 65
4.2 Suggestions 66
Chapter 5 CONCLUSION 67
Chapter 6 REFERENCE 68
7
INDUSTRY
OVERVIEW
8
1.1 INTRODUCTION
Rumors have it that the first clay tiles were produced seven to
eight thousand years ago in the area now known as the Holy Land.
Many sources independently verify that the actual known history
of Tiles (and the known usage of wall and floor tile coverings) can
be traced back as far as the fourth millennium BC (4000 BC) to
Egypt.
In those days, in Egypt, tiles were used to decorate various
houses. Clay bricks were dried beneath the sun or baked, and the
first glazes were blue in color and were made from copper, very
exquisite!
During that period ceramics were also known to be found in
Mesopotamia. These ceramics bore decorations, which were white
and blue striped and later possessed more varied patterns and
colors. Later on, in China too, the great center of ceramic art, a
fine, white stoneware with the earliest Chinese glaze was
produced during the Shang-Yin dynasty (1523-1028 BC).
The usage and the art of making and decorating ceramic tiles had
spread and by 900 A.D., decorative tiles had become widely used
in Persia, Syria, Turky and across North Africa. As transport and
communication developed, tile usage and its penetration in other
territories increased. Wars and territory take-overs caused this
art to spread even faster.
By the end of the 12th century, use and manufacture of Ceramic
Tiles had spread across Italy and Spain and into the rest of
Europe. Till that time they were mainly used to decorate the
floors of Cathedrals and Churches. The skill had eventually
vanished from Europe in the 16th century following the
reformation. But the decorative wall tile art had survived in Turky
and the Middle East and the Delft tiles art survived in Holland.
9
1.2 CERAMIC TILES INDUSTRY IN INDIA
Industry Highlights
Ceramic Tiles today have become an integral part of home
improvement. It can make a huge difference to the way your
interiors and outdoors look and express.
The Indian tile industry, despite an overall slowdown of the
economy, continues to grow at a healthy 15% per annum.
Investments in the last 5 years have aggregated over Rs. 2000
crores and production during 2006-07 stood at approx. 340
million sqmts.
The Indian tile industry is divided into organized and unorganized
sector.
The organized sector comprises of approximately 16 players.
The current size of the unorganized sector is about Rs 3000
crores
The unorganized sector accounts for 55% of the total
industry bearing testimony of the attractive returns from
this sector. The size of the unorganized sector is
approximately Rs3500 crores
Revenue earning industry excise mops up over Rs. 350 crores
annually from the organized sector itself.
Indian ranks in the top 5 list of countries in terms of tile
production in the world.
With proper planning and better quality control our exports
(presently insignificant) contribution can significantly
increase.
Background
10
Apart from their decorative looks, Ceramic Tiles is primarily
hygiene products and that is how our broad spectrum of
conveniences, shopping malls and numerous other centers; which dot
our day to day life. A ceramic tile is basically a "utility product" and
that remains our promotional slog an. Popular housing projects are
increasingly switching over to Ceramic Tiles moving away from the
traditional use mosaic and even granite or marble, owing to several
factors viz. ease in laying ability, versatility, low price and hygiene.
Overall picture of the Industry
Ceramic tiles are a product segment has grown to a sizeable
chunk today at 340 Millions Square meters production per
annum. However, the potential seems to be great, particularly
as the housing sector, retail, IT & BPO sectors have been
witnessing an unprecedented boom in recent times. The
ceramic tiles sector has been clocking a robust growth of 12-
15% consistently over the last few years. Today, India figures in
the top 5 countries in the world manufacturing ceramic tiles.
The key drivers for the ceramic tiles in India are the boom in
housing sector coupled by government policies fuelling strong
growth in housing sector. The retail boom in the Indian
economy has also influenced the demand for higher end
products. Overall the bullish growth estimates in the Indian
economy has significantly influenced the growth of the Indian
Ceramic tile industry.
The main product segments are the Parking tile segments. The
market shares are 100% respectively for parking tiles. The tiles
are available in a wide variety of designs, textures and surface
effects. They cater to tastes as varied from rustics to
contemporary marble designs in super glossy mirror finishes.
Both, traditional methods of manufacturing (tunnel) and the
latest single fast firing methods are deployed in
manufacturing. Some of the latest trends in manufacturing
methods can be seen in India
11
The investments in the last five years are approx. Rs 2000
crores. The industry also enjoys the unique distinction of being
highly indigenous with an abundance of raw total of over
550000 people are employed in the sector. Out of this, 50,000
people are directly employed and 500000 are indirectly
associated. The potential is huge considering the per capita
consumption of ceramic tiles in India. Currently it is at
0.30square meters per person in comparison to over 2 square
meters per person for like countries like China, Brazil and
Malaysia
12
PROFILE
OF
COMPANY
13
2.1 INTRODUCTION OF THE COMPA
ICE STONE CERAMIC .Is established group of the people who has set
landmark in their fields, fresco group consisting of ceramic tiles.
Manufacturers, industrial ceramics manufacturers’ importers,
exporters and ceramics techno crafts. So, it has set goal for its
products. As per future demand and requirement of its clientele, it
has erected and installed machineries and technologies for future
value added products. These value-added products will bring quality,
design and innovation as per international standard and trends. So,
you can find all the products from ICE STONE "Better than before
means always the best......” at every stage and every time. ICE ST
group manufactures 7200 square meter (8000 boxes) of granite in
everyday.
Innovation is a key success and at ICE STONE Ceramics as almost a
passion to translate innovative ideas into reality. ICE STONE Ceramics
Was established at that time first year total export of the company
was 35% to 40% of the total production.
ICE STONE Ceramics is developed to ultimate perfection and quality
through state of the art machinery. And hard work of motivated team
of experienced techno crafts made it possible that beauty and quality
finely blend together. The plant of the company is base do not the
best techno logy to deliver best quality product and perfect customer
satisfaction is the foremost objective of company. So company is
most popular all over country now. The comp any has a massive
dealer network through the country and products are available with
good services.
14
15
2.2 HISTORY OF THE COMPANY
ICE STONE CERAMIC Group is a private company limited. This
produces different kinds of parking vitrified tiles. Each and Every unit
has got other industries of its own. It contained when the firm was
incorporated, what way its purpose, what are the products
manufactured by them, etc.
All promoters of this group are mostly from the village area, which
comes under the District Morbi? They incorporated to cultivation and
they have good business of export-import in morbi city.
They have one unit also, HET CERAMIC this manufacture body clay.
16
2.3 COMPANY PROFILE
Name of the : ICE STONE
company CERAMIC
Company : Pavdiyari Road, Morbi,
Address (Gujarat) 363642
Year of :
establishment 2015
Factory office & head : Pavdiyari Road, Morbi,
office (Gujarat) 363642
Phone :
No 9712500015/98791242
12
E-mail : info@icestone
add ceramic.com
Websit : www.icestone
e ceramaic.com
Form of :
org Private
Siz : 300*300mm
e (12*12)
17
Brand : ICE
name STONE
Accounting : April to
year March
Chairma : Jayantilal
n Dhoryani
Direct Shailesh kundariya
or
Banker : central Bank of
s india
Name of the : Ceramic Parking
Product Tiles
Total :
Investment 15cr
Weekly :
off No
Labor : YES
Availability
No. Of :
Employee 100
18
2.4 ORGANISATION CHART
Chairman
Production Marketing Department Finance
Department
Department
Production Marketing State Marketing Finance
Manager Manager Manager Administrativ
e
Laborator Marketing Marketing Chief
y Officer Officer Accountant
Testing
Supervisio Dispatch Sales Accountant
n
Manager Executive
Workers Clerk Peon
19
2.5 SIZE OF THE FIRM
According to the definition given by Government of India, the size of
the industry can be divided into three main types.
Small Scale Organization:-
The company which investment is up to 1 to 5 crores is cover
under the small scale organization.
Medium Scale Organization :-
The company which investment is between 5 to 7crores is cover
under the medium scale organization.
Large Scale Organization: -
The company's investment is more than 7crores is cover under
the large scale organization.
FORM OF ORGANISATION
According to the form of organization, the organization can be
divided as follows:
Private sector unit:-
The company which is managed by the individual or a firm is
known as private sector unit. The company cannot issue shares
to the public for the investment.
Public sector unit:-
The company is which managed by the government.
Joint sector unit:
This is the joint venture of both private company and
government.
In this firm, it is a private limited firm.
20
2.6 TIME KEEPING SYSTEM
Time keeping system is very important as all the workers should
arrive at reporting time and start their work immediately. If they are
irregular than there would be less outcomes and expected target will
not be achieve. Therefore, the workers are given cards in which their
arrival and departure time is written regularly and therefore
punctuality is maintained.
Industry:-
This industry is running for continuous process i.e. 24 hours. It is
working in 3 shifts. They are:
08:00 AM to 08:00 PM
08:00 PM to 08:00 AM
office:-
Office hours for industry are as under.
08:00 AM to 12:00Noon
02:00 PM to 08:00 PM
21
2.7 MAJOR PLAYERS IN CERAMIC VITRIFIED TILES
Excel Ceramic
Aukland Ceramic
Royalica Ceramic
Sunbright Ceramic
Kenzo Ceramic
Volga Ceramic
M.B Ceramic
Ice Stone Ceramic
Active Ceramic
22
2.8 FUTURE PLAN
Future plan of ICE STONE CERAMIC is to become one of
the leading companies in the Parking tiles all over the
world.
They will be installing new latest machines for increasing
production and various designs and ranges to meet the
upcoming market needs. Also wanted to try serving backward
class by giving them services.
23
PRODUCTION
DEPARTMENT
24
INTRODUCTION
The production of a firm is concerned with the creation of a product
or services required to satisfy customer needs. In any business,
suppliers are needed for product or service, it is quite obvious that
activities of production system must be related to the customer
demand or reflected in the continuo us flow of order.
It is the most important department amongst the other departments
of an organization. Personnel department, finance department,
marketing department are very much depended on production
department.
RAW MATERIALS AVAILABILITY
Raw materials are the basic requirement for any industry. Raw
materials are converted into finished goods after various
processes on it.
Raw materials are available with the help of roadways if
purchased from the country. if the materials are purchased from
other countries, than those are available with the help of railways
and water ways.
25
RAW MATERIAL USED
List of raw materials used for production of production of
parking tiles
Raw Material Place where it is obtained
W.B.C Clay Kutch
S.N.1 Clay Rajasthan
S.K.1 Clay Kutch
China Clay Kutch
Potash Clay Rajasthan
Talc Powder Rajasthan
Quartz Powder Local
Polishing waste Local
S.T.P.P Powder Local
Silicate Local
Binder Local
BALL CLAY Rajasthan
SODA Rajasthan
26
ICE STONE CERAMIC HAVE A VARIOUS DESIGN, SIZE, COLOR OF
TILES AS UNDER:
27
PRODUCTION PROCESS
Weighing different types of raw materials.
Grinding the mixture.
Make slurry.
Drier to the slurry.
Make a powder.
Remove iron and other type impurity in powder.
Press the powder and make biscuit of the tiles.
Biscuit pass in 60 meter long drier furnace near 200 C
temperatures.
Colour and design break on the granite.
Granite pass in main kiln it's length is 160 meter at 1200 C
temperatures.
After this process it is pass one sizing machine make flat
surface.
Product is inspection by quality control department.
Final product is ready it is gone to the shorting and packing
department
28
DETAIL OF VARIOUS PRODUCTION DEPARTMENTS
SLIP DEPARTMENT:-
The above types of raw materials keep in the slip house. The above
types of raw material will be added as per the company's specific
composition in the main hopper. After the completion of weighing of
the materials are shifted to ball mills for grinding procedure. After
attaining the required fineness, the slip will be unloaded in to the
agitator tanks for continuous mixing. This slip after passing through
vibro sieves and powerful magnates, then it will be supplied to the
spray dryer section for making powder granuals.
29
BALL MILL:-
Ball mill is a one type of grinding element. It is mixing the different
type of clays and grinding the clays and makes slurry, adds different
additives, binder, grinding media. Ball mill's main components are
drum, ceramic ball, and gear drive, motor.
PRESS:-
Press compress to raw material and make ceramic biscuit. Press is
operated hydraulic pressure.
30
DRYER:-
Dryer is increased the temperature of the tiles up to 200 C to
maintain the strength. Dryer is one type of furnace it is heating the
tiles by exhaust gas of the main furnace. Dryer length is 60 meter
and length is 3.3 meter and it is feed the tiles by bar conveyers.
GLAZELINE:-
After dryer process tiles is passing design and color screen for
adding color 1mm depth. In the glaze line and printing section,
various types of designs are prepared and printed on the dried
tiles by applying colours on the screen printing machine.
31
KILAN
Kiln mean furnace, it is heating the tiles 1000 C temperature to
maintain the strength the tiles. Kiln length is 150 meter it is
construct is different temperature region and it is feed the tiles
ceramics bar conveyers. Kiln produce maximum 1400 C temperature.
It is operated computer control system. It is operated in cycle,
example 56 minutes cycle so it's mean tiles enter the kiln and exist
to kiln take 56 minutes time. Kiln is operated different cycle like 46,
52, 56 minute as per requirement. Times of the cycles are depending
on the temperature and temperature is directly affected to the tiles
size when temperature increased tiles size is decreased and vice
versa. After exists the tiles in kiln it is passed cooling section to
cooling purpose its temperature is decreased up to 150 C. After it is
passé polishing department.
32
DIGITAL MACHINE
This Is Digital Printing Machine, It Comes From Itali(Spain). In
Ceramic All Types Of Design Printed Here, Digital Machine Contain 5
Colour Cyan, Magenta, Yellow, Black And Green. In Machine Have 5
Colour Bar Each Colour Bar Contain 7 Print head And Every Print head
Gives 70mm Printing Works.
Digital Machine Work in Cold Place like Air conditioner.
33
PERSONNEL
DEPARTMENT
34
INTRODUCTION
Personnel management has a vital importance in modern
industrial organization. Personnel department is the part of
management, which is primarily concerned with establishment
and maintenance of personnel relations.
HR is the life blood of any organization. Since in each and every
activities we need human being. So the function of HR
department is to make effective utilization of the employees in
the organization. The works of HR department manage all kind
of activities related to the human in the organization.
35
STRUCTURE OF
HUMAN RESOURCE DEPARTMENT
HUMAN RESOURCE MANAGER
Assista Assista Assista Assista
nt nt nt nt
Officer Officer Officer Officer
36
OBJECTIVE OF
HUMAN RESOURCE MANAGEMENT
The main objective of human resource management is by giving
importance to Human element in human resource management, it
wants to create effective system and achieves objective of
management.
It is helpful for achieving organization goal.
It refers to maintain the department contribution at a level
appropriate to the organization's needs & want.
It increasing efficiency, quality and productivity of worker.
By providing maximum productivity, high quality to the
society.
Improve relationship between all the department and
employees of the organization.
Improve employees' skill and efficiency.
37
FUNCTION OF
HUMAN RESOURCE DEPARTMENT
HRM
HRP
IR
WE HI
LF HR MANAGER RI
NG
AR
E
MOTIVATI
ON MATEN
ANCE
T&D
38
RECRUITMENT AND SELECTION
Recruitment and selection:
Every firm or company needs persons to perform different works. In
this shifting process only manpower have been determined,
recruitment is next logical step. It is a linking activity bringing
together those with job and those seeking job.
According to one author, "Recruitment is the process of finding and
attracting capable applicants for employment. The process begins
when new results are sought and ends when their applications are
submitted. The result is a pool of applicants from which new
employees are selected.”
Selection is a process of carefully choosing the candidates who
offer themselves for appointment. In selection many processes
applies on raw material but unit wants few persons. This is one of
the most import ant responsibilities. In selection, the person who
is having knowledge as well as experience is selected.
According to one author, "It is the process of differentiating between
applicants in order to identify those with a greater livelihood of
success in a job." Here in case of ICE STONE CERAMIC the co-
selection process includes basic four main steps.
39
MARKETING
DEPARTMENT
40
INTRODUCTION
Marketing is an organizational function and a set of processes for
creating, communicating and delivering value to customers and for
managing customer relationship in way that benefit to
Organization.
Marketing is a combination of art and science. In a marketing activity
both are needed. Marketing manager choose target markets and
getting, keeping, and growing customers through creating, delivering
and communicating superior customer value. Marketing people are
involved in marketing ten types of entities like a goods, services,
event, experiences, persons, places, properties, organizations,
information and ideas.
Marketing is important in business firm. It's obvious but it is also
important to consumer and society. It is helpful to firm for launch
new product and for consumer to know about the new product. It
helps improve quality and reduced cost.
Marketing manager must have knowledge about the market so he
forecast demand and achieve organizational goal. They should know
about competitors' policy, price & product. These entire things
marketing manager must have knowledge because of there are
competitive world and Company capture full of market.
Marketing manager used marketing segmentation strategy and easy
to reach his and organization goal. Market segmentation refers to
subdividing a larger market in to smaller markets and other word
Market segmentation is a process of identifying groups of buyers
with different desires or requirements.
41
ORGANISATION CHART
Board of Director
Chairman
Managing Director
Marketing Manager
Assistant Manager
Regional Manager
District Manager
Area Manager
Salesman
42
MARKETING MIX
To assess the situation in the market, marketing information is
needed. We have to select specific marketing target for each
segment or sub-division of the market we formulate a combination of
a number of device or types of marketing activities that are
integrated into single marketing program to reach a particular target
or market segment the combination of this marketing methods or
devices is known as the marketing mix.
"Marketing Mix is the set of tools that the firm uses to pursue its
marketing objectives in the target market."
Successful marketing strategy must have marketing mix as well as a
target market for which the marketing mix has prepared. There are
4 types of tools in marketing mix.
They are as follows:-
1) Decision on product or service
2) Decision on price
3) Decision on promotion
4) Decision on distribution
In other words we can say:
5) Product mix
6) Price mix
7) Place mix
8) Promotion mix
43
MARKETING MIX
MARKETING MIX
TARGET MARKET
PRODUCT PRICE PROMOTION PLACE
Product List Price Advertising Location
Varity Discount Channels Sales
Quality Allowance Promotion
Design s Sales Force
Assortment
Brand Name Payment Period Public Relation
Packagin Credit Term Direct Marketing
Services
Size
Warrantie
s 44
Guarantee
PRICING
Price may be defining as the exchange value of a product
or service expressed in monetary terms.
Price is the very critical decision in marketing management.
The ultimate aim of any business organization is to earn profit
which mainly depends on the correct price decision.
Policies are the guidelines for achieving the ultimate
objectives. Policies should be suitably worked out considering
various practical situations. Deciding the pricing policies is
also a very critical decision in this competitive business world.
ICE STONE CERAMICS products are very reasonable and fair in
pricing method. There are two ways to increase profit by
increasing the price, or by increasing the sales. If company
increases the price it may lose its customers so it is not viable
to increase the price. So, by lowering the price or by keeping
the price reasonable, the customers are attracted and the sales
increases and consequently the profit rises.
The ICE STONE CERAMIC keeps the price very reasonable
and lower than its competitors and thus is successful in
increase the sales.
45
Pricing Objectives:
It is not an exaggeration to say that pricing is the most important and
crucial decision in the area of marketing organization. Price is a
factor, which gives life to economic system. In view of the
importance of price as a determinant of the volume of sales and
profits, the management has to decide carefully the level of price of
their product to be fixed, the basic objectives of pricing to be adopted
and pricing policy to be selected.
While deciding the prices of the products a firm has to keep in
mind
various factors influencing price such as.
Elasticity of demand
Costs
Company's Market position
Distribution Channel
Government Policy
The various objectives of pricing are as follows
For Survival of an Organization
To Achieve Maximum Current Profit
46
ADVERTISEMENT
47
CHANNEL
OF DISTRIBUTION
The word "Channel" has its origin to the French word used for
"Canal". Thus, channel is route through which goods passes from
one end to another. In other words, the route through which goods
move from the place of production to the place of consumption is
called "Channel Distribution". Channel of distribution is the pathway
or route through which goods are transferred from the hands of
producer to the consumers or from the seller to the buyer.
According to one author, "A channel of distribution for a product is
the route taken by the title to the goods as they move from the
producer to ultimate consumer."
In this industry, the distribution channel is
Manufacturing of
Company
Dealers
Sub
Dealers
Consumers
There are about 180 to 200 dealers in all states of
country
48
SALES PROMOTION
Sales promotion consists of short term incentives to encourage
purchase or sales of a product or service. It is demand stimulating
devices designed to supplement advertising and facilitate personal
selling. It is a direct inducement which offers an extra value and
incentive for the product and sales force distributors to ultimate
customers.
In this industry, they do not adopt any technique because of potential
marketing and potential customers.
EXPORT IN OTHER COUNTRY
1) Sri Lanka
2) Nepal
3) Africa
4) Dubai
5) Kuwait
49
AFTER SALES SERVICE
“Customer is the king” of the market, is a very attractive slogan.
Consumers generally never face any problem for ICE STONE
CERAMIC. But in spite of this, if any problem arises than following
hierarchies of problem handing is followed.
Problem of Consumers
Agent
Marketing People
Experts of Company
Discussion
Solution
50
FINANCE
DEPARTMENT
51
INTRODUCTION
Finance plays a very important role in any type of the firm. From
the initial stage money is needed for the information
registration of the firms, listing of the firm. Finance is needed
for making necessary documents.
It is said, "Finance is the arms and legs of business". A potential
and capable management can run the department very
effectively. In finance department each and every decision
should be taken in such way that every pie of money should be
utilized in adequate manner.
Finance department is a key area of business. It should not be
looked in isolation. It should be in coordination with all other
departments. The Finance manager is not expected to have
specialized knowledge about market demand, competitive
product prices etc. so it's essential that finance manager is in
constant communication with marketing and other
departments.
Finance consists of procuring funds, managing and utilizing
them efficiently in order to maximize the profit, which is the
ultimate goal of any organization.
In ICE STONE CERAMIC the capital is procured by issuing equity
shares. The secured loan of this industry is 50000000.
52
ORGANISATION CHART
Finance cum
Account
Department
Finance Manager
and Accountant
Assistant Account
Computer
Section
53
FINANCLAL PLANNING
Financial Planning means planning of finance. In the planning of
finance planning is done not only for spending the money but also
for finding and evaluating competing sources of finance and
selecting the one which s best for the company.
ICE STONE CERAMICS finance Department explains financial planning
as systematic arrangement of financial resources of the company in
order to reach the current & future finance requirement. The
prominent tools they use are budgetary control, profitability
planning, sales & cash budgeting.
ICE STONE CERAMICS tried to collect the fund at very cheap
rates, and they collect fund to Relatives, Banks and others.
For efficient utilization of funds, ICE STONE CERAMICS prepares two
types of plan. They are:
Short Term Planning:-
Financial planning is done for less than one year, so it is known as
short-term planning.
FRESCO CERAMICS does it in monthly basis. Account Department
decides
the need for fund and its application as per monthly basis.
Long Term Planning:-
Planning done for more than one year, it is called long term
planning. ICE STONE CERAMICS does its financial planning on
yearly, two yearly, and three yearly but not more than that.
ICE STONE CERAMICS prepares plan in such a way that company
does not face any problem in future. ICE STONE CERAMICS believes
that cash inflows should always remain more than cash outflows.
The result is the company has not faced any problem related to
finance till today. 54
SOURCES OF FUND
Internal Sources:-
I. Equity shares:-
The company is not using the equity shares
fund.
II. Reserves & surplus:-
The main source of fund is the company's
reserves and surplus for the ICE STONE
CERAMICS
External Sources:-
I. Secured Loans:-
ICE STONE CERAMICS taken loan for it is
continuous process of the company.
II. Unsecured Loans
(Loans from Relatives, Banks & Other)
55
ACCOUNTING POLICY
Accounting policy of ICE STONE CERAMIC as under:
The company maintains its accounts on historical cost basis. The
current assets, loans, and advances, liabilities are approximately
of value stated if realized in ordinary course of business.
The company follows the same method of accounting and
all claims, receivables and liabilities are provided on that
basis.
PROJECT COST
Sr. Particulars Amount (Lacs)
1 Land 360
2 Factory Building & Office Building 500
3 Imported Machinery 700
4 Indigenous Machinery 100
5 Electrical Installations 35
6 Computer 2
7 Furniture 25
8 Other Miscellaneous Assets 35
9 Total capital cost of project 1757
10 Margin money for working capital 300
Total Project Cost 2057
56
2.13 SWOT ANALYSIS
SWOT Analysis means the
analysis of S - Strength
W - Weakness
O -
Opportunity T -
Threat
Strength:-
ICE STONE
CERAMIC is
giving
employmen
t to around
100
employees.
Strong
market
presence.
Highly
Experience
Opportunity:-
team in Tile
Manufacturi
Rapid and continuous growth in the market, so company will
ng.
think about expansion.
Develop
rural area
Threat:-
to reach at
the global
Highly competitive market against imported vitrified tiles.
position.
57
Weakness:-
RESEARCH
METHODOLOGY
58
1.1
INTRODUCTION
Research is an original contribution to the existing stock of
knowledge making for its advancement. It is the per suit of
truth with the help of study, observation, comparison and
experiment. In short, the search for knowledge through
objective and systematic method of finding solution to a
problem is research. The systematic approach concerning
generalization and the formulation of a theory is also research.
As such the term Research refers to the systematic method
consisting of enunciating the problem formulating a hypothesis,
collecting the facts or data, analyse the facts and reaching
certain conclusions either in the form of solutions towards the
concerned problem or in certain generalizations for some
theoretical formulation.
Definition:-
‘Marketing research is to generate all the recording & analysis of
facts, as well recording the problem and transfer them for the
improvement in the need of the comparison between all related data
and forecast the sales of goods and services from producer to
customer.’
-American Marketing Association
A systematic process of planning gathering recording and
analyzing, interpreting and presenting of data relevant to the
problem or opportunities faced by a company for the purpose of
decision making.
59
1.2 IMPORTANCE OF MARKETING
RESEARCH:-
For Production of new item
Showing the features and uses of new product
Valuable information about customer
Selection of channel of distribution
Distribution Channel is perfect or not
Complete idea of product by the customers
Existence of competitive situation
To increase profitability
Satisfaction Level is achieved or not
1.3 SCOPE OF THE STUDY
This Market Research involves the study of
Customer Awareness of ICE STONE CERAMIC
Customer Image of ICE STONE CERAMIC
Customer Perception towards ICE STONE
CERAMIC
Customer Satisfaction levels among ICE STONE
CERAMIC
Consumer buying behaviour for ICE STONE
60
CERAMIC
4. OBJECTIVE OF RESEARCH
To create brand awareness among customers.
To know the level of customer satisfaction for the products of
"ICE STONE CERAMIC" in Morbi.
To know the customer expectation for improvements in
the current products.
To know the strengths and weaknesses of the company.
To obtain, if any, suggestion for better financial service.
5. LIMITATION OF RESEARCH
No research is free of constrains which hinder it from become full
proof hence this research is also characterized by certain
limitations which are as follow.
1. Sample size is only 70, which may not represent the overall
population.
2. The survey was limited to Morbi city only.
3. The perceptions of the key person are their own, so the
basis of the dissertation is based upon their perception
only and concrete facts.
4. In this research used only one technique of research primary
technique of data collection.
5. Time period of research is limited.
61
LITERATURE REVIEW
Since the ceramic field has developed to an important materials
science within the last century, available sources of literature have
expanded proportionately. A general review of ceramic literature is
given, followed by more specific coverage of clays, enamels, glass,
porcelain, building materials, and electro ceramics. Since they are
covered elsewhere, cement and concrete and abrasives and
refractories are not included. Ceramic literature can be found in the
form of books, periodicals, government documents, patents, news
media, and translations with reference to the related abstracts,
indexes, and bibliographies. Pertinent publications have been
included in the selective bibliography supplementing the text.
Although brief reviews of most sources are included, the majority of
the more significant books have merely been marked with an
asterisk in the bibliography.
BY: O.P.KULIK
Current ceramic materials offer preferred optical properties for highly
esthetic restorations. The inherent brittleness of some ceramic
materials, specific treatment modalities, and certain clinical
situations require resin bonding of the completed ceramic restoration
to the supporting tooth structures for long-term clinical success. This
article presents a literature review on the resin bond to dental
ceramics. A Pub Med database search was conducted for in vitro
studies pertaining to the resin bond to ceramic materials. Although
the resin bond to silica-based ceramics is well researched and
documented, few in vitro studies on the resin bond to high-strength
ceramic materials were identified. Available data suggest that resin
bonding to these materials is less predictable and requires
substantially different bonding methods than to silica-based ceramics.
Further in vitro studies, as well as controlled clinical trials, are
needed
The term ceramics covers a wide variety of inorganic materials
such as silica-based glasses, crystalline ceramics, glass
ceramics, intermetallics and carbon which are high
temperature structural materials.
Their chemical bonding is generally a hybrid of covalent and
ionic which results in characteristics like high melting point,
high chemical stability, high elastic moduli and low dislocation
and atomic mobility which leads to high hardness and creep
62
resistance but also to brittleness
1.6 Research Design
Data : Primary source (Vitrified tiles user Of
source Morbi city)
Data collection : Primary
method method
Research :
instrument Questionnaire
Type of : Structured
questionnaire questionnaire
Type of : Open ended and close
questions ended
Research : Descriptive research
design study
Sampling Design
Sampling :
plan Morbi
Sampling : convenience
method sampling
Sample : 70
size Representatives
Contact :
method Personal
63
FINDINGS
AND
SUGGES
TIONS
64
4.1
FINDINGS
From the charts and tables of the comparative analysis of brand
image of ICE STONE ceramic with market trends and demand of the
products, with this overall survey we have found following customer
awareness about brand image with findings.
In this research most of respondents prefer brand when they
purchase of ceramic products.
The company tag line we shine your home is not heard by
many people.
100% people know about the ceramic product because
every people already used ceramic product
Generally purchasing decision of ceramic product taken by
all family members or leader of the family.
87% people have knowledge about the ICE STONE ceramic
pvt.ltd.
40% people know about ICE STONE ceramic by hoardings
Many people already purchase of ICE STONE ceramic
product in past.
Mostly people are satisfied by thee ICE STONE ceramics
products.
People have knowledge about the ICE STONE ceramic
competitors. After this knowledge still they
Purchase from ICE STONE ceramics.
65
82% respondents have interested in purchase ICE STONE
4.2
SUGGESTION
Make more innovative its brands.
Most of the people want to brand so; company should improve
their brand image for more market
Company can budgeted more money for advertisement.
Make product according to customers' preference.
Change marketing strategy according to competitive market.
Product will sell in attractive packing to create brand awareness.
Catch-up more and more market by increasing production
capacity.
To improve the supply chain management so the finished good
reached fast to the final customer.
They must concentrate on effective after sales customer
support.
66
CONCLUSION
The co-operation of the employees is good. The management is also
effective and efficient. All the departments are also handled by
authorized person who have great experience and it is one of the
response of success of the firm.
Company brand image in the market is very good.
Most of the people believe in brand then other factor
before buying ceramic product.
So, I wish the company makes more and more profit, fulfil the future
plans and get good and global market.
67
BIBLIOGRAPHY
REFERENCE BOOKS:-
Fillip Kottler& Kevin Lane Keller (2007), "Marketing
Management", 12 editions, Dorling Kindersley Pnt. Lid, New-
Delhi.
LM. Panday (2008), "Financial Management", 9h Edition. Vikas
Publishing house Pvt. Lid. New Delhi.
K. Aswathappa (2008), "Human Resource Management", 5th
Edition.
Tata McGraw Hill Publishing Company limited, New Delhi.
C.R.KOTHARI(2007) "Research Methodology" New age
Intemational Publishers 2d
Edition
OTHERS:-
ICE STONE ceramic annual
report
Catalogue of ICE STONE
ceramic
MAGAZNE:-
The Journal of
MANAGEMENT RESEARCH
Ceramic india
Ceramic directory
68
NEWS-PAPER:-
69