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Summer Internship Project Report
On
To study business buyer behavior of cylinder
BHARAT PUMPS COMPRESSOR LTD.
(A Government of India Enterprise)
NAINI, ALLAHABAD- 211010
Submitted in partial fulfillment of the requirements for the Two Year Full Time
Post Graduate Diploma in Management
By: Under the Guidance of
Student Name: Alok Kumar 1. Dr.S.P.Singh
I.T.S- IM
Enrollment No: 13061 2. Mr. O. P. Shukla
Batch: 2011-13 Dy. Manager Training
I.T.S- Institute of Management
Greater Noida
Session:2011-13
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CERTIFICATE OF ORIGINALITY
I hereby declare that this Summer Internship Project is my own work andthat, to the best of my knowledge and belief, it reproduces no material
previously published or written that has been accepted for the award of any
other degree of diploma, except where due acknowledgement has been
made in the text.
Alok Kumar
Enrollment No. 13061
Date:
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Date: .
TO WHOMSOEVER IT MAY CONCERN
This is to certify that Mr. /Ms. of I.T.S- Institute of
Management, Greater Noida PGDM Batch 2011-13 has successfullycompleted his/ her summer internship under the guidance of Mr./
Ms(Industry Mentors Name) for a duration of
..weeks, from.to, 2012.
During his/her tenure with us, we found him/her ..
We wish him/ her all the very best for future endeavours.
Signature
Name
Designation
Organization seal
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CERTIFICATE
This is to certify that Mr. ALOK KUMAR PGDM (2011-13 Batch) a
student of I.T.S- Institute of Management, Greater Noida has undertaken
the project on Project Title. The survey, data collection, & analysis work
for preparing the project has been carried out by the student in partial
fulfillment of the requirements for the award of PGDM, under my guidance
and supervision.
I am satisfied with the work of Mr. Alok kumar
Date:
Faculty Mentors Name: Dr.S.P.Singh
(Signature)
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Executive summery
This Study has been done with an aim of determining the various factors which would influence
the rate of sale of cylinder at Bharat Pumps and Compressors Ltd. Selling of any product needs to
build relationship with customer. For building a relationship there is need for knowing the
customer behaviour and how will be they satisfied?
This project is undertaken to know the Business buyer behaviour and factors affect on the buying
decision of consumer at Bharat Pumps & Compressors limited. This study is fully based on the
collection of Primary data through questionnaire method during the summer internship program
which starts from 16th April, 2012. . The project contains several chapters namely, introduction of
organisation and topic, research methodology, finding and suggestions.
The exact scope of this project is given below:-
Help in finding out the various factors affecting the consumer buying decision of bpc Ltd.
Help in getting knowledge about expectation of consumers from product.
The study is mainly based on the data collection from primary as well as secondary
sources.
Primary data:primary data is collected from the respondent through structured questionnaires.
Secondary data: Secondary has been collected from books, internet and catalogues of the company.
For the purpose of analysis, percentage methods are used for the calculation and
the result was interpreted with graph. Chi squire test has been used to test the hypothesis.
Percentage refers to a special kind of ratio in making comparison between two or
more data and to describe relationships between the data. Percentage can also be used to compare the
relative terms, the distribution of two or more series of data.
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Chi-square test is used to find whether two or more attributes are
associated. In order to test the association of the attributes, null hypothesis and the alternate
hypothesis are taken.
Null hypothesis (H0):-states: the two attributes are independent of each other.
Alternate hypothesis (H1):- states: the two attributes are dependent to each other.
After completion of project, I found that:-
Most organizations prefer to purchase from BPC Ltd due to sales after services and
reasonable price of cylinder.
Organizations those purchaser from BPC Ltd, are satisfied with price of cylinder.
Mostly customers are dissatisfied with delivery commitment of bpc ltd.
Mostly customers are satisfied with sales after service.
Ranking of BPC Ltd is very poor in attending the customer complaints
Most customers are very likely to recommend other to purchase cylinder from BPC Ltd.
I found that mostly customers do purchase gas cylinder in more than two year.
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Contents
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PROFILE OF THE COMPANY
Bharat Pumps and Compressors Ltd. incorporated in 1970, was established at Naini. The Trans of
Yamuna area of Allahabad (U.P.) with the objective to design, manufacture and supply of capital
goods in the fluid handling field including provision of services connected therewith.
BPC which caters to the need of core sector of the economy such as oil Exploration and
exploitation, refineries, petro-chemicals and fertilizers process Industries, nuclear and thermal power
plants ,had in its earlier phases entered into Technical collaboration with word renowned
manufacturers to indigenously design and manufacture heavy duty centrifugal and reciprocating
pumps, reciprocating compressors and high pressure gas cylinders and other hi-tech oil field
equipments such as cementing units, sucker rod pumps etc.
In a very short span, the company absorbed the technology and established itself as a
world renowned manufacturer of a wide range of hi-tech products. Bpc has supplied its products to
the total satisfaction of the customers in almost all national projects of companies like ONGC, OIL,
BPCL, IOCL, HOC, RCF, Nuclear power Corporation, Dept. of Atomic Energy, and IPCLETC.
The marketing planning is must to ensure growth and continued profitability to a company. This
can be achieved through identification of market opportunities, proper investment plans and utilizing
existing resources at the right time and right place.
Without proper marketing planning a marketing manager
a) Losses control over the future of the firm, as he is not in position to know the reasons of failure and
cannot take any corrective action.
b) Faces with the problems of managing by crisis rather than design.
c) Remains busy in counteracting the well timed, well planned offensive strategies of competitors.
d) Cannot bring his company to the seat of the market leader rather the company will always be a
follower of the competitors.
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Every product is designed in a particular way - product analysis enables us to understand the
important materials, processing, economic and aesthetic decisions which are required before any
product can be manufactured. An understanding of these decisions can help us in designing and
making for ourselves.
Product analysis includes following patterns:
1. Quality of products
2. Technology of products
3. Price concerning products
4. Delivery Performance of products
5. Sales Promotion concerned with products
6. Market share
Product analysis can seem to follow a fixed pattern:
1. Think about the design from an ergonomic and functional viewpoint.
2. Decide on the materials to fulfill the performance requirements.
3. Choose a suitable process that is also economic
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PRODUCTS
Pumps and
Compressors
Centrifugal Pumps
Pumps for Application in Power Plants.
Reciprocating Piston and Plunger Pumps.
Cementing Units.
Sucker Rod Pumping Unit.
Reciprocating Compressors.
Gas Cylinders
High Pressure Seamless Industrial Gas Cylinders.
Welded Cylinders.Cylinders in Cascade for Storage of Compressed
Natural Gas (CNG)
Range of Products
Centrifugal Pumps Maximum
Power2500 KW
Maximum
Pressure140 kg/cm2
Maximum
Capacity12,000 M3/Hr
Fluids Handled Dimineralized water, Sea water, Hydocarbons,
Neptha, LPG, Carbonate Solution, Boiler Feed
Water, Benefield solution, Alkaline and Acidic
Solution, Ammonia liquor and slurry
Reciprocating Pumps Maximum
Power1700 KW
Maximum
Pressure675 kg/cm2
Maximum
Capacity
315 M3/Hr
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Fluids Handled Drilling Mud, Cementing Slurry, Crude Oil steam,
Condensate, Heavy Water, Fatty Acids, Ammonia
Carbonate, Liquid Ammonia, Water Injection
Reciprocating Compressors
Maximum Power 25,000 KW
Maximum Pressure 450 kg/cm
Maximum Capacity 70,000 NM3/Hr
Fluids Handled Air, Nitrogen, Oxygen, Carbon Di-Oxide,
Hydrocarbons, Ammonia, Synthesis Gas, Hydrogen
Sulphate, Coal Gas etc.
GAS CYLINDERS
Maximum
Pressure400 kg/cm2
Maximum
Capacity110 Litres.
Fluids Handled Oxygen, Nitrogen, Hydrogen, Argon, Air,
Helium, Carbon Di-Oxide, Nitrous Oxide,
Acetylene, Ammonia, Chlorine, Freon, LPG,
Compressed Natural Gas (CNG)
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PRODUCTS OF BPCL
PUMPS AND COMPRESSORS:
Pumps:
1. Reciprocating pumps
2. Centrifugal pumps
Compressors:
1. Reciprocating Compressors
Gas cylinders:
1. High Pressure Seamless Industrial Cylinders
2. Welded Cylinders.
3. Cylinders for Compressed Natural Gas (CNG)
DIVERSIFICATION EFFORTS:
The company has embarked upon an ambitious plan to add its product range, cementing and
factoring unit sucker rod pumps, mini and micro hydro turbines, boiler feed pumps and nuclear
pumps. The diversification efforts would be directed towards self-sufficiency in the capital goods
requirement in the oil and petrochemical industries.
Facility:
To cope up with the challenge of indigenous manufacturing highly technical sophisticated
products equaling international standard of quality and performance BPCL has installed a most
modern and sophisticated special and general purpose machine assembly, testing shops, heat
treatment and most fabricated shops.
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The machine center has in operation the latest computerized numerically control (CNC)
machines. Test facilities in factory are capable of full load testing of the completed products range to
2000 KV endurance testing is conducted without affecting other program. Heat treatment such as
hardening, tempering, winding, normalizing etc. can be done for the component up to 1800 mm
length. The critical components are fabricated as per international standards.
Three different assembly shops are catering the need for assembly and utilization of
centrifugal and reciprocating compressors. Utilization involves mounting on skill with prime mover
and associated system including various instruments, control system, high pressure piping etc.
Quality assurance:
Backed up by metallurgical and other laboratories the quality assurance programs confirm to
international specification and requirement. The products and compressors meet the specification of
international codes such as API and are fully guaranteed for performance on basis of proven a most
update designs. Gas cylinders are manufactured as per ISI and usage approved from the Chief
controllers by explosive Nagpur.
Design and Engineering:
A strong design department has been in BPCL with highly qualified and competent engineers
who has been trained in application engineering, thermodynamic calculations, hydraulic calculation
and system design in the areas of piping and instrumentation etc. a computer aided design center is
being set up.
BPCL has achieved a number of breakthroughs in R & D activity. The progress achieved in
various R & D program are.
Solar pumps:
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BPCL has already developed two stage solar pumps and complete system with solar panel,
which has been installed in companys premises and is capable of pumping 2.5 m/hr of water at a
head of 15 feet,
Ben field solution pumps:
This pump is required for a fertilizer plant is under final stage of development.
Slurry pumps:
Engineering work for development of L.C. pumps for slurry application has been completed.
Ash slurry pumps:
Engineering work is under progress on ash-slurry pump requiring for thermal power plant.
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SECTORS THAT COMPANY SERVE
We have products for all core sectors
BPCL has been catering to the needs of core sectors of economy in India by way of offering
products/services in close association with user organization. BPCL is taking an active part in
progress of modern Indian by way of participating in supplying equipments to prestigious projects of
National importance.
Major core industries served by us are:
Oil and Gas Exploration and Exploitation
Refinery
Petrochemicals
Chemicals
Fertilizers
Thermal and Captive Power
Nuclear power
Defense
Environment
Steel
Cross Country Crude and Product Pipelines
Automobile
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IMPORTANT CLIENT
Oil & Natural Gas Commission.
Indian Oil Corporation.
Hindustan Petroleum Corporation.
Fertilizer Corporation of India Ltd.
Indian Farmers Fertilizer
Corporation.
Gas Authority of India Ltd.Indian Petro-Chemicals Ltd.
Madras Refineries Ltd.
Oil India Ltd.
Bharat Petroleum Corporation.
Engineers India Ltd.
National Fertilizer Corporation.
Indo Gulf Fertilizers Corporation.
Indraprastha Gas Limited.
Bongaigaon Refineries & Petro-
Chemicals Ltd.
Cochin Refineries Ltd.
Tamil Nadu Petro-Chemicals Ltd.
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COMPETENCY
Quality Assurance
Programmers conform to
International
specifications and
requirements.
Research and
Development efforts are
supported by test
facilities for model
testing in the centrifugal
pumps, reciprocating
pumps and compressors
area and also carry out
live testing o
expendables etc.
Fully groomed
Installation,
Commissioning and
Spare Parts Division
renders Product Support,Technical Assistance and
advice besides providing
quick and effective after
sales service
A strong Design
Department has been
established which houses
Computer aided Design
Center. Highly qualified,
trained, experienced and
competent engineers areinvolved in application
engineering,
thermodynamic
calculations, hydraulic
calculations and systems
design in the area of
piping, instrumentation,
electrical, operational
control etc.
The company undertakes
long term maintenance
contract of the equipments
installed and
commissioned at
customers' plants, with the
objective to maximise their
profits and minimise their
risks.
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CUSTOMER SATISFACTION
In Time Delivery,
Installation
Commissioning of
Products
Common Objective To
Maximise Profits And
Minimise Cost Of The
Customer
Just In Time
Spare Parts
Management-
Low Downtime
Long Term Preventive
Maintenance Contract -
Low Cost,
Low Downtime
Continuous
And Rapid
Technological
Upgradation
On The Job Training
Programme For Customer
Operational & Maintenance
Personnel
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CONCEPTUAL FRAME WORK
MARKETING PLAN
Marketing plan is a systematic anticipation and analysis of future coupled with the
methodology for adapting such changes. It takes care of all the lapses of a marketing manager and
also highlights the weakness of the company, which would be attacked for meeting the ultimate
objective of the company i.e. Profitability through Customer Satisfaction.
IMPORTANCE OF PLANNING
There are following importance of planning to Management of Business:
Planning forces on the future direction, values and sense of purpose; basic objective tell the direction
of growth.
Planning provides a unifying decision making framework and facilities integration of efforts.
Planning helps to identify potential market opportunities and threats.
Planning offers standards of performance for comparison and evaluation and evaluation of actual
performance.
Planning enable the organization to tune its business with environment and establish a profitable
relationship with environment.
Precise plan can achieve a correct balance among:
1. Corporate resources
2. Corporate effort and
3. The Market potential
Planning assures effective management of change and thereby survival and growth and the
enterprise. If there is anything constant, it is change. Change implies progress. Change is manageable
only through conscious planning. For instance. Planning can reveal future threats and uncertainties or
probable changes in the national economy. Management can be prepared to face the change, convert
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difficulty into opportunities and meet the challenge of change (resistance to change with reasonable
success).
We determine our goals, policies, procedure and time bound precise action plans in advance and all
activities are well coordinated and direct along predetermined channels on the target markets. Hence
there is no problem of confusion or chaos, no barriers of communication and no need to grope in the
dark. Thus we have an orderly and smooth journey to arrive at our destination as per plan.
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NAME OF COMPETITORS
The company has been facing stiff competition from various manufacturers both domestic
and foreign. The major competition is from the following competitors:
Centrifugal Pumps:
Pumps Gerhard France
Kirlosker brother
KSB PUMPS (India/Germany/France)
Khimline Pumps
David Brown, U.K.
Sumitomo, Japan
SULZER, japan
EBARA, france
Neuro Pignonce
Reciprocating pumps:
Oil, Will, U.S.A.
L & T Ltd.
Ingersoll Rald
M.Govind Dar
Usha Tele Hoist
Metriplex and gamma Engineering
Urea Germany
Recirproacting Compressors, Nuovo Pingnone, Italy
Worthington, U.S.A.
Regal International, U.S.A.
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Atlas COPCP (India/Germany)
Newman Esser, U.S.A.
Thomasser, Holland.
COMPRESSORS
MAJOR COMPETITORS:
Ingersoll Rand, India / USA
Atlas Copaco, India/ Belgium
K.G. Khosla, Faridabad
Nuovo pig none, Italy
Worthington, USA
KOBE Steel, Japan
Kirlosker Pneumatics, Pune
Regal International, U.S.A.
Hitachi, Japan
Cooper Engineering, U.S.A.
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DEPARTMENTS OF BPCL
ROLE OF MARKETING DEPARTMENT:-
Before the order is placed for the product the major function of marketing department is to get the
order. To get the order the company sends its tenders on invitation. The tender should not only be in
a superior position in respect of price but also in respect of technology with its competitors.
In order to achieve the target of order booking the steps being taken by BPCL to bring about
improvement are:
i) Delivery period: Before placing any order customers tries to evaluate the past performance and
present promised with regard to delivery period So BPCL needs special attention to be in time for
dispatching of final products.
ii) Economy: Due to entry of foreign suppliers, competition has increased, especially on price front.
So BPCL is trying to reduce its cost of production by brining about all round economy in various
stages of production and distribution, so that its price is not too high.
iii) Quality: Quality of product is one of the major factors that play an important role in securing
orders and increasing Market share, therefore total attention should be given for maintaining quality
of product.
iv) After sales service: Their should be sufficient after sales service given by marketing department
for maximum consumer satisfaction.
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ROLE OF DESIGN DEPARTMENT:
BPCL have a complete team of design and development engineers. Pumps and compressors are
designed in conformity to American Petroleum Institute Standards (API), PN Europe or any other
National/International codes specified by clients/consultants. Once the marketing department to the
design department communicates the order specification, this department carries out material
requirement identification. It prepares Detailed Purchase Indents (DPI), which contains details about
each and every article to be purchased. This DPI is approved by Planning and Control important
function of design department is source identification i.e. it suggests those sources, which could
supply the technically acceptable materials.
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ROLE OF PURCHASE DEPARTMENT
The object of purchase department is to arrange the supply of materials, spare parts and services or
semi finished goods as required by the BPCL to produce the pumps, compressors and gas cylinders.
The materials planning in purchase is done in following way:-
The functioning of MPX department starts just after receiving DPI from design department. Apart
from detailed description of material, it also contains general terms and conditions i.e. delivery
schedule, inspection requirements, recommended suppliers etc.
With in a weak of receiving the DPI, MPX official float enquiry and the vendors are given a
specified time normally three weeks with in which they have to submit the offer.
One the specified date the technical bid is open and among the vendors, one who fulfills the technical
requirements at the lowest price is given that order.
After placement of purchase, order the purchase personnel follow-up regularly to gather information
about the current status of the material procurement.
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ROLE OF PLANNING AND CONTROL DEPARTMENT
Planning department carry out the function of deciding about the resources the firm will require for
its manufacturing activities and of allocating these resources to product, the desired output in
required amount at least cost. Production planning procedure can be broadly divided in three
categories:
1. Routing: The production-planning department divides the path or route over which each piece is to
travel in being transformed to finished product.
The PEX department prepares the route sheet. The route sheet of a production order contains
a complete description of the item to the manufactured, details of each operation involved in the
process, the setup- time and the standard time required to complete the work.
The PEX department looks out at the future workload of orders already on hand and seeing
date of delivery desired by customer to fix the date of delivery.
2. Scheduling: Scheduling decision allocates work loss to specify work center and determine the
sequence in which operation is performs within the available capacity. Since scheduling is an
allocating decision, it uses the resources made available by aggregate planning.
3. Machine Loading: Cachine loading the first to the time taken by various machines to change the
raw-material or semi-finished item to Finish component.
Machine loading consists of two times:
A) Set-up time- Time allowed to cover
To obtain authorization from supervisor.
To study, drawing and get clarification
To book crane for job-handling.
Collect tool, fixtures and accessories.
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B) Operation time- Time allowed to cover for:
Load the job and set the job in position
Ganging and inspection of the component
Unclamp and unload job from the machine.
Production Planning in BPCL carries out the function of verifying whether everything occurs
in conformity with the adopted plan and established policies. It point out weakness of various
departments like purchase, inventory, finance and also suggests them corrective actions.
DISPATCHING:
Dispatching is the stage when the product is completely ready to be delivered to the
customers. Just before dispatching quality control department, carry on the quality assurance
function. The accuracy of each product, components and assembly is maintained by stringent quality
control standard. Quality control personnel make every effort to ensure that high level of quality is
maintained. The testing is done as per API standard.
AFTER SALES SERVICE:
After the sales of the product as per the order of the customer, BPCL carry on the function of
Erection and commissioning. The pump or compressor is taken to the site and is erected. Next it is
demonstrated to the customer by running it at the site. Some more function, which is provided by
BPCL to its customers, are servicing, which is provided renovating the equipment and also to supply
maintenance spares in post-sales period.
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STRATEGIES / ACTION PLANS
BPCL have attained ISO 9001 certification.
BPCL is already registered with process consultants, various export houses. BPC is receiving
inquiries from EEPC, Mohan exports. Pec, etc.
BPCL has initiated action to become a member of International Trade Council.
Export possibility will also be dealt through our holding company, i.e. BYNL.
As agents are the main contacts with the ultimate customers we are also looking for appointing some
agents of repute in the foreign countries.
To participate in international trade fairs which are in India and aborad.
Contacting ultimate customers and mailing our products leaflets and brochures to them.
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INTRODUCTION TO TOPIC:-
Business buying behavior:-
The buying behavior of the organizations that buy goods and services for use in the production of
other products and services or for the purpose of reselling or renting them to others at a profit
Major Types of Buying Situation:-
1) Straight rebuy:-
A business buying situation in which the buyer routinely reorders something without any
modifications
In a straight rebuy, the buyer reorders something without any modifications. It is usually
handled on a routine basis by the purchasing department. Based on past buying satisfaction, the
buyer simply chooses from the various suppliers on its list. 'In' suppliers try to maintain product and
service quality. They often propose automatic reordering systems so that the purchase agent will save
reordering time. The 'out' suppliers try to offer something new or exploit dissatisfaction so that the
buyer will consider them.
2) Modified rebuy:-
A business buying situation in which the buyer wants to modify product specifications, prices, terms,
or suppliers
In a modified rebuy, the buyer wants to modify product specifications, prices, terms or
suppliers. The modified rebuy usually involves more decision participants than the straight rebuy.
The 'in' suppliers may become nervous and feel pressured to put their best foot forward to protect an
account. 'Out' suppliers may see the modified rebuy situation as an opportunity to make a better otter
and gain new business.
3) New Task:-
A business buying situation in which the buyer purchases a product or service for the first time
A company buying a product or service for the first time faces a new task situation. In such cases,
the greater the cost or risk, the larger will be the number of decision participants and the greater their
efforts to collect information. The new-task situation is the marketer's greatest opportunity and
challenge.
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Buying center:-
Who buys the goods and services needed by business organizations? The decision making unit of a
buying organization is called its buying center, defined as all the individuals and units that participatein the business decision-making process.
The buying center includes all members of the organization who play any of five roles
in the purchase decision process.
1) Users:-
Members of the buying organization who will actually use the purchased product or service
2) Influencers:-
People in an organization's buying center who affect the buying decisionthey often help define
specifications and also provide information for evaluating alternatives
3) Decider:-
People who have formal or informal power to select or approve the final suppliers. In routine buying,
the buyers are often the deciders or at least the approvers
4) Gatekeepers:-
People who control the flow of information to others. For example, purchasing agents often have
authority to prevent salespersons from seeing users or deciders. Other gatekeepers include technical
personnel and even personal secretaries.
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Major influences on Business buyers:-
Business buyers are subject to many influences when they make their buying decisions. Some
marketers assume that the strongest influences are economic. They think buyers will favor the
supplier that offers the lowest price or the best product or the most service. They concentrate onoffering strong economic benefits to buyers. However, business buyers actually respond to both
economic and personal factors.
1) Environmental Factors:-Business buyers are influenced heavily by factors in the current and expected economic environment,
such as the level of primary demand, the economic outlook and the cost of money. Many companies
are now more willing to buy and hold larger inventories of scarce materials to ensure adequate
supply. Business buyers are also affected by technological, political and competitive developments inthe environment. Culture and customs can strongly influence business buyer reactions to the
marketer's behavior and strategies, especially in the international marketing environment.
2) Organizational Factors
Each buying organization has its own objectives, policies, procedures, structure and systems, which
must be understood by the business marketer. Questions such as these arise; How many people are
involved in the buying decision? Who are they? What arc their evaluative criteria? What are thecompany's policies and limits on its buyers?
3) Interpersonal Factors:-
The buying centre usually includes many participants who influence each other. The business
marketer often finds it difficult to determine what kinds of interpersonal factorsand group dynamics
enter into the buying process. Buying center do not wear tags that say "decision maker" or
"unimportant person". Nor do the buying-centre participant with the highest rank always have themost influence. Participants may have influence in the buying decision because they control rewards
and punishments, are well liked, have special expertise, or have a special relationship with other
important participants. Interpersonal factors are often very Subtle. Whenever possible, business
marketers must try to understand these factors and design strategies that take them into account.
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4) Individual Factors:-
Each participant in the business buying-decision process brings in personal motives, perceptions and
preferences. These individual factors are affected by personal characteristics such as age, income,
education, professional identification, personality and attitudes towards risk. Also, buyers havedifferent buying styles. Some may be technical types who make in-depth analyses of competitive
proposals before choosing a supplier. Other buyers may be intuitive negotiators who are adept at
pitting the sellers against one another for the best deal.
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Business Buying Process:-
The decision process by which business buyers determine which products and services their
organizations need to purchase, and then find, evaluate, and choose among alternative suppliers and
brands.
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Problem Recognition:-
The first stage of the business buying process in which someone in the company recognizes a
problem or need that can be met by acquiring a good or a service.
The buying process begins when someone in the company recognizes a problem or a need thatcan be met by acquiring a specific good or a service. Problem recognitioncan result from internal or
external stimuli. Internally, the company may decide to launch a new product that requires new
production equipment and materials. Or a machine may break down and need new parts. Perhaps a
purchasing manager is unhappy with a current supplier's product quality, service or prices.
Externally, the buyer may get some new ideas at a trade show, see an ad or receive a call from a
salesperson who offers a better product or a lower price.
General Need Description:-
The stage in the business buying process in which the company describes the general characteristics
and quantity of a needed item.
Having recognized a need, the buyer next prepares a general need description that describes
the characteristics and quantity of the needed item. For standard items, this process presents few
problems. For complex items, however, the buyer may have to work with others - engineers, users,
consultants - to define the item. The team may want to rank the importance of reliability, durability,
price and other attributes desired in the item. In this phase, the alert business marketer can help the
buyers define their needs and provide information about the value of different product
characteristics.
Product Specification:-
The stage of the business buying process in which the buying organization decides on and specifies
the best technical product characteristics for a needed item
The buying organization next develops the item's technical product
specifications, often with the help of a value analysis engineering team. Value analysis is an
approach to cost reduction in which components are studied carefully to determine if they can be
redesigned, standardized or made by less costly methods of production. The team decides on the best
characteristics and specifies them accordingly. Sellers, too, can use value analysis as a tool to help
secure a new account. By showing buyers a better way to make an object, outside sellers can turn
straight rebuy situations into new-task situations that give them a chance to obtain new business.
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Product Specification:-
The stage of the business buying process in which the buyer tries to find the best vendors
The buying organization next develops the item's technical product specifications, often
with the help of a value analysis engineering team. Value analysis is an approach to cost reduction in
which components are studied carefully to determine if they can be redesigned, standardized or made
by less costly methods of production. The team decides on the best characteristics and specifies them
accordingly. Sellers, too, can use value analysis as a tool to help secure a new account. By showing
buyers a better way to make an object, outside sellers can turn straight rebuy situations into new-task
situations that give them a chance to obtain new business.
Supplier Search:-
The stage of the business buying process in which the buyer tries to find the best vendors
The buyer now conducts a supplier search to find the best vendors. The buyer can compile a
small list of qualified suppliers by reviewing trade directories, doing a computer search or phoning
other companies for recommendations. The newer die buying task and the more complex and costly
the item, the greater the amount of time the buyer will spend searching for suppliers. The supplier's
task is to get listed in the big directories and build a good reputation hi the marketplace. Salespeople
should watch for companies in the process of searching for suppliers and make certain that their firm
is considered.
Proposal Solicitation:-
The stage of the business buying process in which the buyer invites qualified suppliers to submit
proposals.
In the proposal solicitation stage of the business buying process, the buyer invites
qualified suppliers to submit proposals. In response, some suppliers will send only a catalogue or a
salesperson. However, when the item is complex or expensive, the buyer will usually require detailed
written proposals or formal presentations from each potential supplier. Business marketers must be
skilled in researching, writing and presenting proposals in response to buyer proposal solicitations.
Proposals should be marketing documents, not just technical documents. Presentations should inspire
confidence and should make the marketer's company stand out from the competition.
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Supplier Selection:-
The stage of the business buying process in which the buyer reviews proposals and selects a supplier
or suppliers
The members of the buying centre now review the proposals and select a supplier or suppliers.During supplier selection, the buying centre will often draw up a list of the desired supplier attributes
and their relative importance. In one survey, purchasing executives listed the following attributes as
most important in influencing the relationship between supplier and customer: quality products and
services, on-time delivery, ethical corporate behaviour, honest communication.
Order-Routine Specification:-
The stage of the business buying process in which the buyer writes the final order with the chosen
supplier(s)
The buyer now prepares an order-routine specification. It includes the final order with the
chosen supplier or suppliers and lists items such as technical specifications, quantity needed,
expected time of delivery, return policies and warranties. In the ease of maintenance, repair and
operating items, buyers are increasingly using blanketcontracts rather than periodic purchase orders.
A blanket contract creates a long-term relationship in which the supplier promises to resupply the
buyer as needed at agreed prices for a set time period. The seller holds the stock and the buyer'scomputer automatically prints out an order to the seller when stock is needed. A blanket order
eliminates the expensive process of renegotiating a purchase each time stock is required. It also
allows buyers to write more, hut smaller, purchase orders, resulting in lower inventory levels and
carrying costs.
Blanket contracting leads to more single-source buying and to buying more items
from that source. This practice locks the supplier in tighter with the buyer and makes it difficult for
other suppliers to break in unless the buyer becomes dissatisfied with prices or service.
Performance Review:-
This stage of the business buying process in which the buyer assesses the performance of the
supplier and decides to continue, modify, or drop the arrangement.
In this stage, the buyer reviews supplier performance. The buyer may contact users and ask
them to rate their satisfaction. The performancereview may lead the buyer to continue, modify or
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drop the arrangement. The seller's job is to monitor the same factors used by the buyer to make sure
that the seller is giving the expected satisfaction. We have described the stages that would typically
occur in a new-task buying situation.
The eight-stage model provides a simple view of the business buying decision
process. The actual process is usually much more complex. In the modified rebuy or straight rebuy
situation, some of these stages would be compressed or bypassed. Each organization buys in its own
way and each buying situation has unique requirements.
Different buying centre participants may be involved at different stages of the process. Although
certain buying-process steps usually do occur, buyers do not always follow them in the same order
and they may add other steps. Often, buyers will repeat certain stages of the process.
Institutional Market:-
The institutional market consists of schools, hospitals, nursing homes, prisons and other institutions
that provide goods and services to people in their care. Institutions differ from one another in their
sponsors and in their objectives.
Low budgets and captive patrons characterize many institutional markets. For
example, many campus-based students have little choice but to eat whatever food the university
supplies. A catering organization decides on the quality of food to buy for students. The buying
objective is not profit because the food is provided as a part of a total service package. Nor is strict
cost minimization the goal - students receiving poor-quality food will complain to others and damage
the college's reputation. Thus the university purchasing agent must search for institutional food
vendors whose quality meets or exceeds a certain minimum standard and whose prices are low.
Many marketers set up separate divisions to meet the special characteristics and needs of institutional
buyers.
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Government Markets:-
The government market offers large opportunities for many companies. Government buying and
business buying are similar in many ways. But there are also differences that must be understood by
companies wishing to sell products and services to governments. To succeed in the governmentmarket, sellers must locate key decision makers, identify the factors that affect buyer behaviour and
understand the buying decision process.
Government buying organizations are found at national and local levels. The national level is the
largest and its buying units operate in both the civilian and military sectors. Various government
departments, administrations, agencies, boards, commissions, executive offices and other units carry
out buying, Sometimes, the centra/ buying operation helps to centralize the buying of commonly
used items in the civilian section (for example, office furniture and equipment, vehicles, fuels) and in
standardizing buying procedures for the other agencies. Defense Ministries usually carry out the
buying of military equipment for the Forces.
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OBJECTIVE:-
1) To study about customer expectations from the product (cylinder).
2) To analyze the customer expectations from the manufacturer (B.P.C. Ltd).
3) To identify the factors which influences business buyer behavior?
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RESEARCH METHODOLOGY:-
Research methodology is way to systematically solve the research problem. Research, in common
terms refers to a search for knowledge. Research methodology consists of different steps that are
generally adopted by a researcher to study the research problem along with the logic behind them.
RESEARCH DESIGN:
Research design is the plan, structure and strategy of investigation conceived so as to
obtain answers to research question.
There are two types of research design. One is exploratory research and other isdescriptive research
Exploratory research:
We studied the company report, talked to the customers and employee of the company. We identified
that in spite of providing various opportunities customers may not be aware of derivative and
commodity products.
Descriptive research
Survey method was adopted for this research
DATA SOURCES:
The study is mainly based on the data collection from primary as well as secondary sources.
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Primary data: Data collected for specific purposes in the form of questionnaire
Secondary data: Data existing in the form of Books, Internet, Catalogues etc.
SAMPLING DESIGN
Definition of population: .
Sampling procedure: A non probability sampling technique i.e. convenient sampling procedure was
adopted.
Sampling size: A sample of 40 customers was selected from the target population for the study.
RESEARCH METHODOLOGY:
Research design : descriptive in nature.
Data source : data collected from primary and secondary sources.
Primary data : primary data is collected from the respondent through
these structured questionnaires.
STATISCAL TOOLS
For the purpose of analysis, percentage methods are used for the calculation and the result
was interpreted with graph.
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Statistical tools used:
Following tools are used to test the hypothesis
1. Chi-square test.
2. Percentage Analysis
PERCENTAGE ANALYSIS:
Percentage refers to a special kind of ratio in making comparison between two or more data
and to describe relationships between the data. Percentage can also be used to compare the relative
terms, the distribution of two or more series of data.
Percentage= no of respondent/ total respondent100
CHI-SQUARE TEST ANALYSIS:
Chi-square test is used to find whether two or more attributes are associated. In order to
test the association of the attributes, null hypothesis and the alternate hypothesis are taken.
Null hypothesis (HO) states: the two attributes are independent of each other.
Alternate hypothesis (HI) states: the two attributes are not independent of each other.
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ANALYSIS AND INTERPRETATION
1. Size wise classification:-.
Data:-
Size No. Of respondent Percentage (%)
Very small 10 20
Small 22 44
Medium 10 20
Large 8 16
Analysis:-
Interpretation:-
Above graph shows, there are 20% small sized organizations , 44% small sized organizations,
20% medium sized company and 16 % large sized organizations that purchase cylinder from BPC
Ltd.
very small
20%
small
44%
medium
20%
large
16%
Size of firm
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2. Monthly expenses for buying gas cylinder:-
Data:-
Capital No. of respondents Percentage (%)
1 Lacks to 2 lacks 9 18
2 Lacks to 3 lacks 15 30
3 Lacks to 4 lacks 16 32
4 Lacks to 5 lacks 8 16
More than 5 lacks 2 4
Analysis:-
Interpretation:-
Above graph shows,32% respondents spend 3 lacks to 4 lacks monthly for buying gas cylinder,30%
respondents spend 2 lacks to 3lacks for buying,18% respondents spends 1 to 2 lacks for buying
cylinder,16% respondents spend 4 lacks to 5 lacks for buying cylinder and 4 % respondents spend
5lacks to 6 lacks monthly for buying cylinder.
18%
30%
32%
16%
4%
Monthly expenses for buying gas cylinder
1 lack to 2 lacks 2 lacks to 3 lacks 3 lacks to 4 lacks 4 lacks to 5 lacks 5 lack to 6 lacks
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3. Capital wise classification:-
Interpretation:-
Above graph shows, 36% respondents belong to capital group of 2 crores - 3 crores,
30 % respondents belongs to capital group of 1 crores- 2 crors,18% respondents belongs to
capital group of 3 crores- 4 crores, 10 % respondents belongs to capital group of 4 crores- 5
crores and 6 % respondents belongs to capital group of more than 5 crores.
30%
36%
18%
10%
6%
Capital of orgnization
1 crores to 2 crores 2 crores to 3 crores 3 crores to 4 crores
4 crores to 5 crores more than 5 crores
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4. Reason for purchasing gas cylinder from bpc.ltd.
Interpretation:-
Above graph shows, 38% respondents purchase cylinder from bpc Ltd due to after sales
service, 30% respondents purchase cylinder from bpc Ltd due to reasonable price.28 %
respondents purchase cylinder from bpc Ltd due to time delivery commitment of delivery persons,
and 4 % respondents purchase cylinder from bpc Ltd due to better quality and technology.
4%
30%
38%
28%
Reason for purchasing gas cylinder from
bpc.ltd
Better quality and technology Reasonable Price
After Sales Services Timely Delivery
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5. Consumer satisfaction level with price:-
Interpretation:-
Above graph shows, 34% respondents are very satisfied with price, 32% respondents are satisfied
with price,
20% respondents are very neutral with price, 6% respondents are dissatisfied with price, and
8% respondents are very dissatisfied with price.
34%
32%
20%
6%8%
Satisfaction with price
Very satisfied satisfied Neutral dissatisfied very dissatisfied
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5. Satisfaction with after delivery commitment:-
Interpretation:-Above graph shows, 28% respondents are very satisfied with delivery commitment of bpc ltd, 16%
respondents are satisfied with delivery commitment of bpc ltd, 6% respondents are neutral with
delivery commitment of bpc ltd, and 50% respondents are dissatisfied with delivery commitment of
bpc ltd
Very satisfied
28%
satisfied
16%
Neutral
6%
dissatisfied
50%
Satisfaction with after delivery comitment
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6. Satisfaction with after sales service:-
Interpretation:-
Above graph shows, 36% respondents are neutral with sales after service, 28% respondents
are dissatisfied with sales after service, 24% respondents are satisfied with sales after service,
8% respondents are very dissatisfied with sales after service, and 4% respondents are very
satisfied with sales after service,
4%
24%
36%
28%
8%
Satisfaction with after sales services
Very satisfied satisfied Neutral dissatisfied very dissatisfied
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7. Rating BPCL in effectiveness in attending & resolving customer complaint:-
Interpretation:-Above graph shows, 32% respondents give rating of fair for resolving customer complaint to
bpc Ltd, 32 % respondents gives rating of poor, 14 % respondents gives rating of very poor, 12%
respondents gives rating of very good, and rest 10% respondents gives rating of good
14%
32%
32%
10%
12%
Satisfaction with attending & resolving customer
complaint
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8. Did BPC Ltd able to meet your expectation :-
Interpretation:-Above graph shows, BPC Ltd was able to meet the expectation of 44% customer to some extent .it
was able meet the expectation of 34% customers to little extent, It was able to meet the expectationof 16 % respondent to very little extent. It was able to meet the expectation of 4% customers to a
great extent.
2%
44%
34%
16%
4%
bpc able to meet your expectation
To a greats extent To some extent Little Very little No expectations were met
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9. How likely are you recommend others for purchasing cylinder from bpc Ltd.
Interpretation:-
Above graph shows, 34% respondents are very likely to recommend to other for purchasing
cylinder with bpc Ltd, 24% respondents are very unlikely to recommend to other, 20%
respondents are likely to recommend to other, 16% respondents are neutral to recommend to
other, and rest 6% respondents are unlikely to recommend to other.
.
34%
20%
16%
6%
24%
Recommendation to other for
purchasing cylinder with bpc.ltd
Very likely likely Neutral unlikely Very unlikely
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10. How frequently do you purchase gas cylinder from bpc Ltd ?
Interpretation:-Above graph shows, 34% Respondents purchase cylinder in less than 6 month from bpc Ltd,
24% Respondents purchase cylinder in less than 6 month to 1 year, 22% Respondents
purchase cylinder in 1 year to 2 year, and rest 34% Respondents purchase cylinder in more
than 2 year.
24%
22%34%
20%
How frequently do you purchase gas cylinder
from bpc Ltd
Less than 6 months 6 months to 1 year 1 year to 2 years More than 2 years
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11. How likely are you to continue doing business with bpc Ltd?
Interpretation:-
Above graph shows, 36% respondents are very likely to continue business with bpc Ltd,
28% respondents are likely to continue business, 22 % respondents are neutral to continue
business, 10% respondents are very unlikely to continue business, and rest 4% respondents
are unlikely to continue business.
36%
28%
22%
4% 10%
How likely are you to continue doing business
with bpc Ltd.
Very likely likely Neutral unlikely Very unlikely
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HYPOTHESIS
DATA ANALYSIS AND ACCEPTANCE OF HYPOTHESIS ON THE BASIS OF SPSS (
CHI-SQUARE TEST):-
1) H0 (Null hypothesis):- There is no relation between the size of the organizations and their
satisfaction level with price of gas cylinder of BPC Ltd.
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and their
satisfaction level with price of gas cylinder of BPC Ltd.
X1 * X8 Crosstabulation
X8
Total
VERY
SATISFIED
SATISFIE
D
NEUTRA
L
DISSATISFI
ED
VERY
DISSATISFI
EDX1 VERY
SMALL
1 4 4 0 1 10
SMALL 11 5 3 1 2 22
MEDIUM 3 4 2 0 1 10
LARGE 2 3 1 2 0 8
Total 17 16 10 3 4 50
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Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 14.189a 12 .289
Likelihood Ratio 14.021 12 .299
Linear-by-Linear
Association
.033 1 .855
N of Valid Cases 50
a. 18 cells (90.0%) have expected count less than 5. The
minimum expected count is .48.
Interpretation:-
Since calculated value of Pearson Chi-Square value is 14.18 and significant value is .289 which isgreater than .05, hence Null Hypothesis will be accepted. This shows that there is no relation
between the size of the organizations and their satisfaction level with price of gas cylinder of BPC
Ltd.
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2) - H0 (Null hypothesis):- There is no relation between the size of the organizations and their
satisfaction level with delivery commitment of BPC Ltd..
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and
their satisfaction level with delivery commitment of BPC Ltd..
X1 * X9 Crosstabulation
Count
X9
Total
VERY
SATISFIED
SATISFIE
D
NEUTRA
L
DISSATISFI
ED
VERY
DISSATISFI
ED
X1 VERY
SMALL
0 3 5 2 0 10
SMALL 0 5 9 6 2 22
MEDIUM 1 4 3 0 2 10
LARGE 0 5 1 2 0 8
Total 1 17 18 10 4 50
Chi-Square Tests
Value df Asymp. Sig.(2-sided)
Pearson Chi-Square 14.860a 12 .249
Likelihood Ratio 16.996 12 .150
Linear-by-Linear
Association
.993 1 .319
N of Valid Cases 50
a. 18 cells (90.0%) have expected count less than 5. The
minimum expected count is .16.
Interpretation:-
Since calculated value of Pearson Chi-Square value is 14.86 and significant value is .249 which is
greater than .05, hence Null Hypothesis will be accepted. This shows that there is no relation
between the size of the organizations and their satisfaction level with delivery commitment of BPC
Ltd..
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3) - H0 (Null hypothesis):- There is no relation between the size of the organizations and their
satisfaction level with sales after service of BPC Ltd.
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and their
satisfaction level with sales after service of BPC Ltd.
X1 * X10 Crosstabulation
Count
X10
Total
VERY
SATISFIED
SATISFIE
D
NEUTRA
L
DISSATISFI
ED
VERY
DISSATISFI
ED
X1 VERY
SMALL
0 0 6 3 1 10
SMALL 0 5 7 7 3 22
MEDIUM 2 4 3 1 0 10
LARGE 0 3 2 3 0 8
Total 2 12 18 14 4 50
Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 18.072a 12 .114
Likelihood Ratio 20.049 12 .066
Linear-by-Linear
Association
4.110 1 .043
N of Valid Cases 50
a. 17 cells (85.0%) have expected count less than 5. The
minimum expected count is .32.
Interpretation:-Since calculated value of Pearson Chi-Square value is 14.07 and significant value is ..114 which is
greater than .05, hence Null Hypothesis will be accepted. This shows that there is no relation
between the size of the organizations and their satisfaction level with sales after service of BPC Ltd
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4) H0 (Null hypothesis):- There is no relation between the size of the organizations and their
satisfaction level with rating of BPC Ltd in effectiveness in attending & resolving customer
complaint..
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and their
satisfaction level with rating of BPCL in effectiveness in attending & resolving customer complaint..
X1 * X11 Crosstabulation
Count
X11
Total
VERY
POOR POOR FAIR GOOD
VERY
GOOD
X1 VERY
SMALL
2 1 5 1 1 10
SMALL 4 5 6 3 4 22
MEDIUM 1 5 3 0 1 10
LARGE 0 5 2 1 0 8
Total 7 16 16 5 6 50
Interpretation:-Since calculated value of Pearson Chi-Square value is 11.57 and significant value is .480 which is
greater than .05, hence Null Hypothesis will be accepted. This shows that there is no relation
between the size of the organizations and their satisfaction level with rating of BPC Ltd in
effectiveness in attending & resolving customer complaint.
Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 11.577a 12 .480
Likelihood Ratio 14.326 12 .280
Linear-by-Linear
Association
.702 1 .402
N of Valid Cases 50
a. 18 cells (90.0%) have expected count less than 5. The
minimum expected count is .80.
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5) - H0 (Null hypothesis):- There is no relation between the capital of the organizations and their
satisfaction level with price of gas cylinder of BPC Ltd.
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and
their satisfaction level with price of gas cylinder of BPC Ltd.
X2 * X8 Crosstabulation
Count
X8
Total
VERY
SATISFIED SATISFIED NEUTRAL DISSATISFIED
VERY
DISSATISFIED
X2 1 CRORE TO 2
CRORE
5 7 2 0 1 15
2 CRORE TO 2
CRORE
6 2 5 1 3 17
3 CRORE TO 4
CARORE
4 4 1 0 0 9
4 CRORE TO 5
CRORE
1 2 1 2 0 6
MORE THAN 5
CRORE
1 1 1 0 0 3
Total 17 16 10 3 4 50
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Chi-Square Tests
Value Df
Asymp. Sig. (2-
sided)
Pearson Chi-Square 18.738a
16 .282
Likelihood Ratio 17.998 16 .324
Linear-by-Linear Association .028 1 .868
N of Valid Cases 50
a. 22 cells (88.0%) have expected count less than 5. The minimum
expected count is .18.
Interpretation:-Since calculated value of Pearson Chi-Square value is 18.73 and significant value is .282 which is
greater than .05, hence Null Hypothesis will be accepted. This shows that there is no relationbetween the capital of the organizations and their satisfaction level with price of gas cylinder of BPC
Ltd.
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6) -H0 (Null hypothesis):- There is no relation between the capital of the organizations and their
satisfaction level with delivery commitment of BPC Ltd.
H1 (Alternate hypothesis):- There is a relation between the size of the organizations and
their satisfaction level with delivery commitment of BPC Ltd.
X2 * X9 Crosstabulation
Count
X9
Total
VERY
SATISFIED SATISFIED NEUTRAL DISSATISFIED
VERY
DISSATISFIED
X2 1 CRORE TO 2
CRORE
0 6 6 1 2 15
2 CRORE TO 2
CRORE
0 2 7 6 2 17
3 CRORE TO 4CARORE
1 4 3 1 0 9
4 CRORE TO 5
CRORE
0 3 1 2 0 6
MORE THAN 5
CRORE
0 2 1 0 0 3
Total 1 17 18 10 4 50
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Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 16.793a 16 .399
Likelihood Ratio 18.347 16 .304
Linear-by-Linear
Association
2.025 1 .155
N of Valid Cases 50
a. 21 cells (84.0%) have expected count less than 5. The
minimum expected count is .06.
Interpretation:-Since calculated value of Pearson Chi-Square value is 16.79 and significant value is .399 which is
greater than .05, hence Null Hypothesis will be accepted. This shows there is no relation between the
capital of the organizations and their satisfaction level with delivery commitment of BPC Ltd Ltd.
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s
7) -H0 (Null hypothesis):- There is no relation between the capital of the organizations and their
satisfaction level with sales after service of BPC Ltd.
H1 (Alternate hypothesis):- There is a relation between the capital of the organizations and
their satisfaction level with sales after service of BPC Ltd.
X2 * X10 Cross tabulation
Count
X10
Total
VERY
SATISFIED SATISFIED NEUTRAL
DISSATISF
IED
VERY
DISSATISFI
ED
X2 1 CRORE TO 2
CRORE
1 6 6 2 0 15
2 CRORE TO 2
CRORE
0 1 9 3 4 17
3 CRORE TO 4
CARORE
1 1 1 6 0 9
4 CRORE TO 5
CRORE
0 3 1 2 0 6
MORE THAN 5
CRORE
0 1 1 1 0 3
Total 2 12 18 14 4 50
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Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 26.856a 16 .043
Likelihood Ratio 28.413 16 .028
Linear-by-Linear
Association
.381 1 .537
N of Valid Cases 50
a. 23 cells (92.0%) have expected count less than 5. The
minimum expected count is .12.
Interpretation:-Since calculated value of Pearson Chi-Square value is 26.85 and significant value is .043 which is
greater than .05, hence Null Hypothesis will be accepted. This shows there is no relation between the
capital of the organizations and their satisfaction level with sales after service of BPC Ltd
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8) -H0 (Null hypothesis):- There is no relation between the capital of the organizations and their
satisfaction level with rating of BPCL in effectiveness in attending & resolving customer
complaint.
H1 (Alternate hypothesis):- There is a relation between the capital of the organizations and
their satisfaction level with rating of BPCL in effectiveness in attending & resolving
customer complaint.
X2 * X11 Crosstabulation
Count
X11
Total
VERY
POOR POOR FAIR GOOD
VERY
GOOD
X2 1 CRORE TO 2
CRORE
2 4 6 0 3 15
2 CRORE TO 2
CRORE
2 5 4 3 3 17
3 CRORE TO 4
CARORE
2 3 4 0 0 9
4 CRORE TO 5
CRORE
1 3 1 1 0 6
MORE THAN 5
CRORE
0 1 1 1 0 3
Total 7 16 16 5 6 50
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Chi-Square Tests
Value Df
Asymp. Sig.
(2-sided)
Pearson Chi-Square 11.999a 16 .744
Likelihood Ratio 15.847 16 .464
Linear-by-Linear
Association
.827 1 .363
N of Valid Cases 50
a. 23 cells (92.0%) have expected count less than 5. The
minimum expected count is .30.
Interpretation:-
Since calculated value of Pearson Chi-Square value is 11.99 and significant value is .744 which isgreater than .05, hence Null Hypothesis will be accepted. This shows there is no relation between the
capital of the organizations and their satisfaction level with rating of BPCL in effectiveness in
attending & resolving customer complaint.
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Finding and conclusion
After doing project in Bharat Pumps and Compressors Ltd, I found these findings:-
Most organizations prefer to purchase from BPC Ltd due to sales after services and
reasonable price of cylinder.
Organizations those purchaser from BPC Ltd, are satisfied with price of cylinder.
Mostly customers are dissatisfied with delivery commitment of bpc ltd.
Mostly customers are satisfied with sales after service.
Ranking of BPC Ltd is very poor in attending the customer complaints
Most customers are very likely to recommend other to purchase cylinder from BPC Ltd.
I found that mostly customers do purchase gas cylinder in more than two year.
I also found that mostly customers are very likely to continuing business with BPC
Study shows that factors that influence the buyer decision, are reasonable price , sales after
service and
Study also shows that BPC Ltd was able to meet the expectation of mostly customers to some
extent.
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Recommendation
Customers purchase cylinder from BPC Ltd due to better sales after service and
reasonable price. company should improve in delivery and quality
Mostly customers are dissatisfied with delivery commitment. Company should
improve the delivery commitment.
Sales after services should be improved to increase the sales.
Mostly Customers gave poor rank to BPC Ltd for attending and resolving the
customers complaints, company should improve the process of attending and
resolving the customer complaints.
Research work should be improved. With the help of research work company will get
information about those areas where company should improve to increase its sales.