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    A

    DISSERTATION

    ON

    Customer preferences and customer satisfaction

    with regard to specific brands of bikes (TVS,

    HONDA and BAJAJ) under 150cc category between

    the age group of 18-25 college going student on the

    basis of Price, Fuel efficiency, Brand name, Style

    and comfort -A case study of Yamuna Nagar

    Submitted to

    KURUKSHETRA UNIVERSITY, KURUKSHETRA

    In the partial fulfillment for the degree of

    Master of Business Administration(Session 2005-2007)

    Under the supervision of: Submitted by:MISS DEEPIKA KOHLI MUKESH RANA

    SENIOR FACULTY, MBA Uni. Roll. ..

    TIMT Roll No. 1187/06Regst. No. 02-GNY-700

    Tilak Raj Chadha Institute of Management &Technology

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    (Approved by AICTE & Affiliated to Kurukshetra University, Kurukshetra)Yamuna Nagar-135001)

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    ACKNOWLEDGEMENT

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    Acknowledgement

    I take this opportunity to express my profound debts of gratitude and

    obligation, to my esteemed guide MISS DEEPIKA KOHLI Tilak Raj Chadha

    Institute Of Mgt. & Technology, Yamuna Nagar, for his most valuable help

    and creative suggestions at all stages of my work. His learned advice and

    guidance always kindled inspiration in the face of difficulties encountered in

    the course of this research work.

    I am also thankful to my mentor Dr. R.K. Garg, Director, Tilak Raj

    Chadha Institute of Mgt. & Technology, Yamuna Nagar, for allowing me to

    work on this project work and for his kind help always.

    I am highly grateful to my all lecturers and dedicated staff of Tilak

    Raj Chadha Institute of Mgt. & Technology, Yamuna Nagar for their kindhelp from time to time.

    I am also thankful to the respondents, all my friends and also to

    various Auto experts for their kind and valuable guidance, whom I consulted

    for my present work.

    (MUKESH RANA)

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    EXECUTIVE SUMMARY

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    Executive Summary

    To know about the consumer buying behavior and factor which

    affect the consumer buying decision process. As the objectives of

    my study is to analyze the customer perception and the customer

    satisfaction to wards specific brands of bike (TVS, HONDA,

    BAJAJ) between the age group of 18-25College going student on

    the basis of Price, Fuel efficiency, Brand, Style and comfort name.

    Consumer buyer behavior refers to the buying behavior of

    final consumers individuals and households who buys services and

    goods for personal consumption. Consumer behavior is influenced

    strongly by culture, social, personal and psychological factors.

    Culture factors include the set of basic values, perceptions, wants

    and behavior learned by a member of society from family and other

    important institutions. The social factors include consumers family,

    small group, social roles and status. The personal characteristics

    such as buyers age, life cycle stage, occupation, economic

    situations and life style influenced by four major psychological

    factors: Motivation, Perception, Learning, Belief and Attitudes.

    In this era of cut throat competition, no company can even survive

    in the market place without knowing its and its products strengths

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    and weaknesses. It has to fortify itself against threats from the

    environment and exploit its strengths or increase profits. And in

    order to do so, the company has to conduct regular surveys to know

    the customers opinions, needs, and preferences. This helps thecompany to manufacture the product like wise for each customers

    expectations.

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    ContentsSerial No. Page No.

    1. Certificate

    2. Acknowledgement

    3. Executive summary

    4. Contents

    5. Introduction

    Profile of the study Significance of the study

    6. Objective of the study

    7. Literature Review

    8. Research Methodology

    Sampling & Sample Design

    Analytical Tools

    Data Collection

    Hypothesis Testing

    Limitations of the study

    9. Result & Discussions/Findings

    10. Recommendation

    11. Bibliography

    12. Annexure

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    INTRODUCTION

    INTRODUCTION

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    PROFILE OF THE STUDY

    In this era of cut throat competition, no company can survive in the

    market place without knowing its products strengths and

    weaknesses. It has to fortify (Strengthen) itself against threats from

    the environment and exploit its strengths for increasing profits. In

    order to do so, the company has to conduct regular surveys to know

    the customers opinions, needs, and preferences. This helps the

    company to manufacture the product according to customers

    expectations. It has now become more important for the customerconfidence and higher positioning of buyer perception. Thus,

    Surveys becomes genuine key to success.

    The Bike segment is Dominated by 4 major players viz.

    HERO HONDA ,BAJAJ, TVS,ROYAL ENFIELD .Besides these,

    there are players like HONDA( Alone) , LML, KINETIC,

    SUZUKI.

    The expanding Indian market, the growing size of the middle

    class and the rise in aspirations of the youth along with opening up

    of the Indian economy have collectively influenced the steady

    growth of the two wheeler market in India. With leading foreign

    brands in collaborations with Indian manufacturers entering theIndian market, the customer could not have asked for more. In fact,

    the Indian bike market has grown immensely and the preference for

    variety looks, design has brought in a number of models in the

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    market. In the last 3 to 4 years, the craze for motorcycle over the

    scooters has picked up and one can find today even girls crazy for a

    motorbike not only in the Metros but in small towns and cities also.

    Trying to catch up with these, manufacturers are busy working

    out on customer profiles. With the increase in competition one can

    find a think of discounts including: cash rebates and free accessories

    to push sales of the commuter bikes. Certain changes are also visible

    as far as customer preferences are concerned. The basic 100cc bike

    market is suddenly experiencing a slow down in the growth. This

    Commuter bike was a favorite till the other day, commanding up to

    90% of the total bike sales. The shift towards 150 cc bikes is

    suddenly discernable and the segment is expected to grow in near

    future. Manufacturers are now rushing in to introduce bikes in this

    segment. Bajaj has launched Pulsar-Dtsi 150cc higher on the power

    ladder, Honda has come up with Unicorn and TVS has recently

    launched Apache.

    The customer is the basic ingredient of

    marketing. The development of marketing strategy is based on

    understanding of consumer and there behavior. The present study

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    attempts to understand the behavior of consumer for their choice in

    purchasing two-wheeler with special reference to bikes like

    Honda(Unicorn), TVS (Apache), and Bajaj(Pulsar 150cc). But

    consumer behavior and the derived consumer satisfaction cannot beintact. Now days the two wheeler industry is growing at its fast

    speed. The competition is very hard and so many choices are

    available to customers. Here I have tried to find out the level of

    customer satisfaction regarding (Unicorn, Apache, and Pulsar) two

    wheelers and also what modification they want in their products. So

    the study is all about the customers preference and their satisfaction

    with regard to bikes coming under 150cc segment.

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    BIG PLAYERS IN

    THE BIKE

    SEGMENT

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    Bajaj Auto Limited is one of the pioneering companies in the two

    wheeler industry. Bajaj Auto has a vast network of about 1500

    service centers and 500 dealers all over India. It has 3 manufacturing

    plants located at Akurdi, Waluj and Chakan in Maharashtra. The

    company's technology partner is Kawasaki Heavy Industries, Japan.

    The company exports to ASEAN region, South America and Africa.

    MILESTONES

    1945 - Bajaj Auto comes into existence as M/s Bachraj Trading

    Corporation Private Limited.

    1948 - Sales in India commence by importing two- and three-

    wheelers.

    1959 - Bajaj Auto obtains license from the Government of India to

    manufacture two- and three-wheelers.

    1960 - Bajaj Auto becomes a public limited company. Bhoomi

    Poojan of Akurdi Plant.

    1970 - Bajaj Auto rolls out its 100,000th vehicle.

    1971- The three-wheeler goods carrier is introduced.

    1972 - The Bajaj Chetak is introduced.

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    1975 - BAL & Maharashtra Scooters Ltd. joint venture.

    1976 - The Bajaj Super is introduced.

    1977 - The Rear Engine Autorickshaw is introduced. Bajaj Auto

    achieves production and sales of 100,000 vehicles in asingle financial year.

    1981 - The Bajaj M-50 is introduced

    1984 - Foundation stone laid for the new Plant at Waluj,

    Aurangabad.

    1986 - The Bajaj M-80 and the Kawasaki Bajaj KB100

    motorcycles are introduced. 500,000 vehicles produced and

    sold in a single financial year.

    1990 - The Bajaj Sunny is introduced

    1991 - The Kawasaki Bajaj 4S Champion is introduced.

    1998 - Kawasaki Bajaj Caliber rolls out of Waluj.

    2001- Bajaj Auto launches its latest offering in the premium bikesegment Pulsar. The Eliminator is launched.

    2003- Pulsar DTS-i is launched.

    2004 - Bajaj unveils new brand identity, new symbol, logo

    and brand line

    2007 - 200 cc Pulsar DTS-i launched

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    Bajaj Pulsar DTSi 150cc

    Generation next technology included in the package of the

    equipments of this high flying bike is the revolutionary digital

    biking. Digital biking is the combination of various advanced

    systems like Digital Twin Spark ignition (DTSi). Its highly

    masculine outlook with sporty, dashing structure gives the complete

    satisfaction of dare riding. Bajaj Pulsar enables its rider to tackle the

    situation of overcrowded street due to the presence of 17" alloy

    wheels with 1330 mm wheelbase. Its comfort statement includes

    front telescopic suspension, Nitro X - Nitrogen assisted rear gas

    shockers with triple rated spring. Due to these comfort features, this

    bike is highly accommodative in any terrain.

    Feeling of proper riding is provided by different

    high end features like improved clutch, cylinder head with Roller

    Rocker Arms, optimized intake and exhaust systems & new valve

    timings. Its advanced Exhaust TEC (Torque Expansion Chamber)

    technology ensures the higher performance at lower rpm.

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    TVS Motor Company is part of Sundaram Clayton group in TVS

    group of companies. TVS Motor Company is the main flag ship

    company of Sundaram Clayton group. TVS Motors is the third

    largest two-wheeler manufacturer in Indian and ranks among the topten globally. It is the first company in the world to be honored with

    the Deming Prize for Total Quality Management. The Company was

    the first in India to launch 2-seater 50cc moped and 100 cc Indo-

    Japanese Motorcycles. At Present TVS Apache, TVS Victor, TVS

    Scooty, TVS Centra and TVS Fiero are the popular bikes in Indian

    Market.

    MILESTONES

    Indias first 2 seater 50cc Moped TVS 50, launched in Aug

    1980.

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    In 1982 SCL established Joint Venture with Suzuki Motor

    Corporation.

    In 1994 the company entered the market segment of scooters

    with introduction of Scooty 2S, which was totally an

    indigenous design.

    Introduced India's first catalytic converter enabled motorcycle,

    the 110cc Shogun in Dec 1996.

    Launched India's first 5-speed motorcycle, the Shaolin in Oct

    1997.

    Launched TVS Victor, 4-stroke 110 cc motorcycles, in

    August 2001; Indias first fully indigenously designed and

    manufactured motorcycle.

    In 2000 the first 4 stroke motorcycle was launched called

    Fiero

    Launched TVS Star in Sept 2004, a 100 cc motorcycle whichis ideal for rough terrain

    Launched TVS Apache in Nov 2005. It finally went on to be

    the Bike of the Year for2006, winning 6 prestigious awards

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    TVS Apache

    TVS Apache with its shapely streamlined tank and engine

    design is really an eye -stopper. Its smooth and flawless finish

    makes this bike desirable to the market. Its tough but light 6

    spoke black alloy wheels are really supportive for better controland excellent riding of this two wheeler. Its uniquely designed

    head lamp has become one of the best head turner in the market

    of two wheelers.

    Its 240 mm disc brake is helpful in stopping one in any

    sudden situation to avoid accident. Its all gear start and low

    friction engine with RCF technology are the key factor of better

    efficiency of this bike. It is further equipped with various

    upgraded technology like monotube inverted gas filled shocks,

    IDI lean burn, iE surge (intake and exhaust resonator), synchro

    stiff chassis etc. for the proper safety and security of the persons

    seating on the bike.

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    Its symbol, the Wings, represents the company's unwavering

    dedication in achieving goals that are unique and above all,

    conforming to international norms. These wings are now in India

    as Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), a whollyowned subsidiary of Honda Motor Company Ltd., Japan. In

    September 2004, Honda Motorcycle and Scooters India Limited

    (HMSI), the wholly owned subsidiary of the Japan-based Honda

    Motor Company Limited (HMCL), launched its first 150cc

    motorcycle named 'Unicorn.' Priced at Rs. 50,043 (ex-showroom

    price, Delhi), Unicorn had a four stroke 13.3 bhp engine with five

    gears. The new bike was available in five colours and was

    designed to achieve a speed of 0 to 60 kmph in five seconds.

    Unicorn was promoted with the caption "Be a wing rider." (Refer

    Exhibit I for a visual of Unicorn). Targeted at youth, Unicorn

    looked sportier than all the existing motorcycles in the premiumsegment and was pitted against Bajaj Pulsar, the leader with 75

    percent market share in that segment.

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    Honda Unicorn

    This bike with powerful 4 stroke 150 cc engine delivering output

    of 13.3 bhp engine clubbed with many other high end equipments

    like Constant Volume (CV) Carburetor, pulse exhaust system,

    offset crank and 2 way air jacket. Its multi mapping CDI, roller

    rocker arm, 5 speed gears, tumble free combustion etc. determine

    the performance as well as its aesthetic value. Its aerodynamic

    body lining, sporty and sleek design, appealing tail lamp and

    excellent body graphics etc are enhancing its style statement day

    by day. Unique shock absorbing mono suspension prevents

    discomfort due to the sudden jerk caused by uneven road. Its

    flexible seating arrangement, ample foot space gives the total

    comfort of journey. Fully equipped with various cutting edge

    technologies, this bike comes with hole plugging mechanism, tuff

    up tube, easy primary kick etc.

    CONSUMER BEHAVIOUR

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    Before getting into details of Consumer Behaviour, one must go

    through certain basic terminologies. In general terms both

    Consumer and Customer are considered the same but they are

    quite different.The term Customer is some what different from the term

    consumer. The term customer is used to refer to someone who

    purchases goods and services from a particular store or company.

    Thus a customer is defined in terms of a specific term while a

    consumer is not

    Consumer may be referred to any one engaged in evaluating,

    acquiring, using or disposing of goods and services which he

    expects will satisfy his needs.

    So ultimately Consumers are that individual who

    consumes or uses a product, which may or may not be purchased by

    him.So after getting into these terms we need to get into the details of

    Consumer Behaviour.

    Consumer Behaviour Consumer behaviour refers to how a

    consumer behaves or acts or reacts in making a purchase of goods

    and services of his choice in different situations

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    The term consumer Behaviour can be defined as, The behaviour

    that consumers display in searching for purchasing, using,

    evaluating and disposing of products, services and ideas which they

    expect will satisfy their needs.- Leon G. Schiffman and Leslie Lazar Kanuk.

    The study of consumer behaviour not only focuses on how and why

    consumers make buying decisions, but also focuses on the uses

    which consumers make of the goods they buy and their evaluation

    of these goods after use. If the goods after use dont satisfy the

    consumers, they my feel dissatisfied perhaps because post- purchase

    services are not up to their satisfaction, and thus, this may influence

    their purchase of the goods and it may also influence the buying

    decision of many others who might come in contact with them.

    The detailed study ofConsumer Behaviour orConsumer

    Preferences focuses on- Who Buys products or services? How do they buy products or services? Where do they buy them? How often do they buy them? When do they buy them? Why do they buy them? How often do they use them?

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    These questions will help in understanding the factors that influence

    the decision making process of the consumers. The buyers decision

    making process includes the following:-

    1. Problem recognition

    2. Information search

    3. Evaluation of alternatives

    4. Purchase decision

    5. Post purchase behaviour

    1. Problem recognition: - First and the foremost step is to

    identify the problem i.e. what actually one wants with regard

    to the product.

    2. Information Search: - Second step is to search the relevant

    information regarding the Product which one wants.

    3. Evaluation of alternatives: - Third step is to evaluate the

    collected information i.e. analyze the information.

    4. Purchase decision: - In forth step the product is actually

    purchased.

    5. Post purchase behaviour: - In fifth step the consumer

    actually reacts against the quality, quantity etc received afterthe purchasing the product i.e. in this stage he reacts on the

    basis of his getting satisfied after the purchase of the product.

    The buyers decisions include the following:-

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    Product choice

    Brand choice

    Dealer choice

    Purchase timing

    Purchase amount.

    Consumer perception

    How do Buyers form their preference? Their preferences areinfluenced by their past buying experience, friends and associates

    advice, and the marketers and competitors information and

    promises.Though customer preference is a very qualitative term and

    it is very difficult to measure. In this study an effort has been made

    to measure the customer preference level.

    Customer Satisfaction

    Satisfaction is a persons feelings of pleasure or

    disappointment resulting from comparing a products perceived

    performance in relation to his or her expectation

    As the definition makes it clear, satisfaction is a function of

    perceived performance and expectations. If the performance falls

    short of the expectations of the customer, the customer is

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    dissatisfied. If the performance exceeds the expectations, the

    customer is highly satisfied or delighted.

    Many companies are aiming for high satisfaction because

    customers who are just satisfied still find it easy to switch, when abetter offer comes along. Those who are highly satisfied are much

    less ready to switch. High satisfaction or delight creates an

    emotional affinity with the brain, not just a rational preference. The

    result is high customer loyalty.

    In this highly competitive world customers plays a very

    important role. Thus, if a company wants to survive then it should

    look forward to the determinants of customer satisfaction. Though it

    is a very subjective issue that differs from individual to individual

    yet, identifying some basic parameters of customer satisfaction is

    important.

    Satisfaction is a persons feeling of pleasure anddisappointment resulting from comparing a products perceived

    performance in relation to his or her expectations. It is only the

    customer delight that marketer aims for.

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    Significance of the study

    To know about the customer preference and decision processwith regard to 150cc bike.

    To know the Basic consumer buying behaviour and thereasons because of which they switch from one company to

    another.

    To know about the companys details (profile, Products)

    This study would help in revealing the type and specific

    qualities of the bikes offered by the company to their

    consumers.

    To study the satisfaction level of consumers who uses bikes. To study the factors influencing consumers to buy 150cc

    bikes.

    To study effect of advertisement on the purchasing decision of

    the consumers

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    OBJECTIVES OF

    THE STUDY

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    Objectives of the study

    The clear purpose or objective of the research enables the researcher

    to collect necessary relevant information. The objective of theresearch is to know the Customer preferences and

    customer satisfaction with regard to specific brands

    of bikes (TVS, HONDA and BAJAJ) under 150cc

    category between the age group of 18-25 College

    going student on the basis of Price, Fuel efficiency,

    Brand, Style and comfort name.

    . Knowledge about two-wheelers (Bikes).

    Knowledge about the market share of two- wheeler.

    To know about the leaders of the market in two wheelers

    (Bikes).

    Find out the quantum of customer satisfaction with respect to

    150cc bikes especially the college going students within the

    age group of 18-25.

    Determine the influence of reference group in the purchase

    decision of college going students.

    Find out the ways for improving of the services to attain level

    of customer satisfaction.

    Study area: YAMUNA NAGAR

    Target segment: COLLEGE GOING STUDENTS

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    LITERATURE

    REVIEW

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    LITERATURE REVIEW

    Once the problem is formulated, the researcher has to undertake an

    extensive literature survey related to problem. The literature survey

    undertaken here includes books and different websites from the

    internet.

    The research project was to know the Customer

    preferences and customer satisfaction with regard to

    specific brands of bikes (TVS, HONDA and BAJAJ)

    under 150cc category between the age group of 18-25College going student on the basis of Price, Fuel

    efficiency, Brand, Style and comfort name.

    Schiffman. G. Leon and kanuk lazare Leslie 1 - Study of

    the customer behaviour is the study of how individuals make

    decisions to spend their available resources (Time, Money andEfforts) on consumption related items. It includes the study

    what they buy, whey they buy it, when they buy it, where they

    buy it, how often they buy it and how often they use it. The

    primary purpose for the study consumer behaviour as apart of

    marketing curriculum is to understand how and how customers

    make their purchase decisions. There insights enable

    marketers to design more effective marketing strategies.

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    Gupta.C .B and Dr. Nair. N.Rajan 2- A business is based

    on understanding the customer and providing the kind of

    products that the customer wants.

    Mamoria C.B. and Mamoria Satish

    3

    -Consumer behaviouris the process where by individuals decide what, when, where,

    how and from whom to purchase goods and services. Buying

    behaviour may be viewed as an orderly process here by

    individual interacts with his environment for the purpose of

    making market decision on products and services.

    Nair Suja. R.4 -The success of the firm will be determined by

    how effective it has been in meeting the diverse customer

    needs and wants by treating each customer as unique and

    offering products and services to suit his/her needs.

    Bennett Peter.D. And Kassarjian Haroldh5 - A great deal

    of research activity in marketing is design to shed light on thecustomer decision process.

    Kothari C.R.6 For data analysis different statisticaltechniques are being used such as scaling techniques,correlation, hypothesis testing.

    http://www.tvsapache.com/home.aspx http://www.bajajauto.com/pulsar/ http://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a

    _wing_rider.asp http://auto.indiamart.com/motorcycles/

    http://www.tvsapache.com/home.aspxhttp://www.bajajauto.com/pulsar/http://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://auto.indiamart.com/motorcycles/http://www.tvsapache.com/home.aspxhttp://www.bajajauto.com/pulsar/http://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://auto.indiamart.com/motorcycles/
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    RESEARCH

    METHODOLOGY

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    RESEARCH

    METHODOLOGYResearch Methodology is a way to systematically solve the research

    problem, which is a science of study how research is done

    scientifically. Thus research methodology encompasses the research

    methods or techniques; the research is capable of being evaluated

    either by the researcher himself or by others.

    SAMPLINGSampling may be defined as the selection of some parts of an

    agreement or totality for the purpose of study. All the items in

    any field of inquiry constitute a universe or population, a

    complete enumeration of all the items in the population is

    known as Census inquiry. But when the field of inquiry is

    large this method becomes difficult to adopt because of the

    limited no. of resources involved in the case sample survey

    method is chosen under which units are selected in such a way

    that they represent the entire universe.

    SAMPLING DESIGN

    CENSUS METHOD: - All the items in any field of

    inquiry constitute a Universe or Population. A complete

    enumeration of all the items in the Population is known as a

    Census inquiry. It can be presumed that in such an inquiry,

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    when all items are covered, no element of chance is left and

    highest accuracy is obtained. But in practical it is not true in

    all cases. This type of inquiry involves a great deal of time,

    money and energy. Therefore, when the field of inquiry islarge, this method becomes difficult to adopt because of the

    resources involved.

    SAMPLING METHOD:- When field studies are

    undertaken in practical life, consideration of time and cost

    almost invariably lead to a selection of respondents i.e.

    selection of only few items. The respondent selected should be

    as representative of total population. These respondents

    constitute what is technically called a Sample and the

    selection process is called Sampling Technique. The survey

    so conducted is known as Sample Survey.

    Implementation of Sample Design: - A sample design is a

    definite plan for obtaining a sample from a given population. It

    refers to the technique or the procedure the researcher would adopt

    in selecting items for the sample. Sampling design may as well lay

    down the number of items to be included in the sample i.e. the size

    of sample. Sample design is determined before the data are colleted.

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    Steps In Sampling Design :- While developing a research

    design following items are taken into consideration:-

    I. Type of universe: - First and the foremost step is toclearly define the universe to be studied. As I have

    taken the area of Yamuna Nagar City (Haryana), so

    for me here the universe is Yamuna Nagar area. No

    doubt it is a finite universe but the area is very big and

    cant be covered easily due to shortage of time.

    II. Sampling unit: - A decision has to be taken

    concerning a sampling unit before selecting sample.

    Here my sample unit includes college going students

    who own bikes.

    III. Size of sample: - This refers to the number of items

    to be selected from the universe to constitute a

    sample. Here I have taken the sample of 200 College

    going students who have bikes.

    IV. Parameters of interest: - In determining the sample

    design, one must consider the question of the specific

    population parameters which are of interest. Here I

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    had taken only college going students who own their

    bike.

    V. Sampling procedure: - Finally the technique of

    selecting the sample is to be dealt with. That meansthrough which method the sample has been collected.

    There are various types of selecting the sample. This

    includes probability sampling, random sampling,

    stratified sampling, cluster sampling, convenience

    sampling. Here I have used the cluster sampling

    method for data collection, as Yamuna Nagar area is

    very big and there are many colleges as well as the

    hostels.

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    Analytical tool

    Multi Dimensional Scaling

    Multidimensional scaling (MDS) is a method for analyzing a(similarity or dissimilarity) proximity matrix based on a set ofobservations. The purpose of MDS is to model the proximity ofobservations in order to represent them as accurately as possible in alimited number of dimensions (usually 2). There are different MDSalgorithms: XLSTAT uses the SMACOF (Scaling by Majoring aConvex Function) algorithm that minimizes the "normalized stress"function. Furthermore, there are several MDS models (or

    representation functions), i.e. several ways to transform thedissimilarities into disparities. The disparities are the distances thatdescribe the optimal representation for the observations. Thedifference between the disparities and the distances measured on therepresentation resulting from the MDS is called the stress: the lowerthe stress, the better the representation of the observations.

    When the representation function simply respects the relative order

    of the observations, one speaks about ordinal MDS or non-metricMDS. When the dissimilarities are transformed into disparities usinga specific parametric function, one speaks about metric MDS. Thefollowing models are available in the current version of XLSTAT:

    Metric MDS

    Absolute MDS: each dissimilarity dij must exactly match the

    distance between points i and j in the representation space.

    Ratio MDS: the ratio of all distance pairs in the representationspace must correspond to the ratio of the correspondingdissimilarities.

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    Interval MDS: the ratio of all differences between distancesin the representation space must correspond to the ratio of thedifferences of the corresponding dissimilarities.

    Note: the current version of XLSTAT does not support negative

    disparities that may occur if you use the "interval" model. If an errormessage is displayed on this subject, you must use another model to

    process your data.

    Nonmetric MDS

    ordinal (1): the order of the distances in the representation

    space must correspond to the order of the correspondingdissimilarities. If there are two dissimilarities of the same rank, thenthere are no restrictions on the corresponding distances.

    ordinal (2): identical to the previous model, but ifdissimilarities exist in the same rank, the corresponding distancesmust be equal.

    The stress measures the quality of the representation for a givennumber of dimensions. The lower it is, the better the representation.Various formulas have been proposed by different authors.Although the minimization is always based on the normalized stress,XLSTAT allows to show the results using the four formulas defined

    below:

    Raw stress: it gives the quality of the representation based onthe squared errors of the representation compared with the

    disparities. The formula gives:

    Where Dij is the disparity between individuals i and j, and dij is theEuclidean distance on the representation for the same individuals.wij is the weight of the ij proximity (value is 1 by default).

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    Normalized Stress: it gives the quality of the representationbased on the squared errors of the representation compared with thedisparities, divided by the sum of the squared disparities. Theformula gives:

    Kruskal's stress 1: it gives the quality of the representationbased on the square root of the squared errors of the representationcompared with the disparities, divided by the sum of the squareddistances on the representation. The formula gives:

    Kruskal's stress 2: it gives the quality of the representationbased on the square root of the squared errors of the representationcompared with the disparities, divided by the sum of the squared

    centered distances on the representation. The formula gives:

    where is the average of the distances on the representation. Thisformula usually results in a stress value that is approximately twicethe value obtained for Kruskal's stress 1.

    In order to know if the representation quality is good enough, somerules exist, mostly based on the Kruskal's stress 1. However, the

    Shepard diagram that allows to compare the dissimilarities with thedistances and to observe some ruptures in the ordination of thevalues is a empirical but reliable method. The more the chart lookslinear, the better the representation. The way the stress evolves whenthe number of dimensions decreases is also interesting to detect if asignificant amount of information is being lost in the selectedrepresentation.

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    Correlation

    One of the Statistical tool which I am going to apply in my project

    i.e. correlation. Correlation is their when change in the value of one

    variable influences the change in the value of other variable.

    The statistical tool with the help of which relationshipbetween two or more than two variables are studied is called

    correlation

    It refers to the techniques used in measuring the closeness of the

    relationship between the variables.

    Correlation analysis deals with the association between two ormore variables.

    Correlation

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    Let us take the hypothesis as:-

    H0 = Let there is no correlation between various factors like Price,

    Brand name, Fuel Efficiency, style & comfort and the Purchase of

    bike(HONDA,BAJAJ and TVS)

    H1 = Let there is correlation between various factors like Price,

    Brand name, Fuel Efficiency, style & comfort and the Purchase of

    bike(HONDA,BAJAJ and TVS)

    X

    Dx

    Y

    Dy

    HONDA BAJAJ TVS

    -1 0 1 F f dy fdy2 fdxdy

    Price -2 23 4 5 32 -64 128 36

    Brand -1 14 24 4 42 -42 42 10

    Fuel Efficiency 0 18 10 6 34 0 0 0

    Style 1 32 6 12 50 50 50 -20

    Comfort 2 20 17 5 42 42 168 -30f 107 61 32 200 28 388 -4

    fdx -107 0 32 -75

    fdx2 107 0 32 139

    fdxdy -12 0 8 -4

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    Coefficient of Correlation =

    r = N fdxdy - fdxfdy

    Nfdx2-(fdx)2 Nfdy2-(fdy)2

    r = 200x-4 (-75)(28)__________

    27800-5625 77600-784

    r = +0.0314

    Hence it has been proved that there is a correlation between various

    factors and purchase of bikes.

    Data Collection

    The task of data collection begins after the research program has been

    defined and research design plan has been checked out. The data collected is

    important part of research.

    DATA COLLECTION METHOD

    In the data collection method different methods are adopted for primary data

    collection and secondary data collection.

    PRIMARY DATA COLLECTION

    Primary data is the data which is collected through observation or

    direct communication with the respondent in one form or another. These

    are several methods for primary data collection like Observation

    method, Interview method, through schedule, through questionnaires

    and so on.

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    But as time was limited so, the relevant data was collected from the

    selected units by adopting and arranging personal interview with the

    shopkeeper and dealer along with a pre structured questionnaire. In this

    method I thank the views of shopkeepers and dealer through the use of

    questionnaire and general interview.

    SECONDARY DATA COLLECTION

    The companys past database is taken into reference along With

    company brochures.

    DATA COLLECTION INSTRUMENTS

    The data collection instruments used in the study is mentioned below:-

    o QUESTIONNAIRE

    The method of data collection is quite popular. I prepared a

    questionnaire after knowing the different objectives of the study and

    considering all the things that are required for studying the dissertation

    topic.

    Hypothesis Testing(By applying Chi-Square)

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    Chi-square test is used when the set of observed frequencies

    obtained after experimentation have to be supported by hypothesis

    or theory. The test is known as X2- test of goodness of fit and is

    used to test if the deviation between observation (experiment) and

    theory may be attributed to chance (fluctuations of sampling).

    Here we have the assumption of H0 and H1. If the values come in

    accordance to the depicted values then the hypothesis is accepted

    else its rejected.

    (O-E) 2x2 = where,

    E

    O = observed frequency

    E = Expected frequency

    Chi-square test

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    Let us take the hypothesis as:-

    H0 = Let there is no correlation between various factors like Price,

    Brand name, Fuel Efficiency, style & comfort and the Purchase of

    bike(HONDA,BAJAJ and TVS)

    H1 = Let there is correlation between various factors like Price,

    Brand name, Fuel Efficiency, style & comfort and the Purchase of

    bike(HONDA,BAJAJ and TVS)

    Honda TVS BAJAJ f

    Price 4 5 23 32

    Brand 24 4 14 42

    Fuel

    Efficiency

    10 6 18 34

    Style 6 12 32 50

    Comfort 17 5 20 42

    f 61 32 107 200

    EXPECTED

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    HONDA TVS BAJAJ f

    Price 9.76 5.12 17.12 32

    Brand 12.81 6.72 22.47 42

    Fuel

    Efficiency

    10.37 5.44 18.19 34

    Style 15.25 8 26.75 50

    Comfort 12.81 6.72 22.47 42

    f61 32 107

    200

    Observed Value Expected value (O-E)2 (O-E)2/E

    4 9.76 33.06 3.38

    24 12.81 125.21 9.77

    10 10.37 0.136 0.013

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    6 15.25 85.56 5.61

    17 12.81 17.55 1.37

    5 5.12 0.014 0.002

    4 6.72 12.83 1.90

    6 5.44 0.13 0.056

    12 8 16 25 6.72 2.95 0.43

    23 17.12 34.57 2.01

    14 22.47 71.74 3.19

    18 18.19 0.036 0.001

    32 26.75 27.56 1.003

    20 22.47 6.100 0.27

    2 Calculated = 31.033V = (r-1) (c-1) = (5-1) (3-1) = 8

    for V =8 20.05 table value = 15.5

    So, 2 0.05 table value is less than 2 calculated value, so hypothesis

    (Null) is rejected and the alternate hypothesis is accepted. Therefore there is

    a correlation between various factors like Price, rand name, Fuel

    Efficiency, style & comfort and the Purchase of bike (HONDA, BAJAJ andTVS)

    Limitation of the study

    Respondents answers may be biased.

    Price of the bikes is confined only to a particular period.

    Time constraint.

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    The main limitation of the study is that the survey will be

    limited to Yamuna Nagar.

    There is Difference between X-showroom prices of bikes in

    one city with respect to other.

    Lack of researchers experience might result into biasness.

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    RESULTS ANDDISCUSSIONS

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    Results and DiscussionsTable 1

    Are your aware about 150 cc bike brands available in the

    market?

    Are your aware about

    150 cc bike brands

    available in the market?

    No. of respondents

    Fully Aware 93

    Aware 76

    Less aware 31

    Table 1 shows that 93 of respondents are fully aware about 150 cc

    bikes in market, 76 of respondents just aware about 150 cc bikes and

    only 31 of respondents are have little bit knowledge about 150cc.

    93

    76

    31

    0

    20

    40

    60

    80

    100

    No.ofrespondents

    Fully Aware Aware Less aware

    Are your aware about 150 cc bike brands

    available in the market ?

    Fig. 1

    http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/
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    Table 2

    How do you come to know about this brand/model of

    150 cc bike?

    How do you come to knowabout this brand/model of

    150cc bike?

    No. of respondents

    Friends 45

    Advertisement 87

    Publicity 10

    Family members 47

    Any other 11

    Table 2 shows that 45 of respondents came to know about brand ofbikes from friends, 87 of respondents came to know about brand ofbikes from advertisement, 10 of respondents came to know aboutbrand of bikes from publicity, 47 of respondents came to knowabout brand of bikes from family members and 11 of respondentscame to know about brand of bikes from other sources.

    45

    87

    10

    47

    11

    0

    1020

    30

    40

    50

    60

    70

    80

    90

    No

    .ofrespondents

    Friends Advertisement Publ ici ty Fami ly

    members

    Any other

    How do you come to know about this brand/model of 150 CC bike

    ?

    Fig. 2

    http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/
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    Table 3

    Which factor influence you more to purchase a bike?

    Which factor influence you

    more to purchase a bike?

    No. of respondents

    Brand image 53

    Fuel efficiency 81

    Price 27

    Comfort 17

    Syle 25

    Table 3 shows that 53 respondents are influenced to purchase a bikefrom its brand image, 81 respondents are influenced to purchase a

    bike from its Fuel efficiency, 27 respondents are influenced topurchase a bike from its lesser Price, 17 respondents are influencedto purchase a bike from its Comfort, 25 respondents are influencedto purchase a bike from its Style.

    53

    81

    27

    1725

    0

    20

    40

    60

    80

    100

    No.ofrespondents

    Brand image Fuel ef ficiency Price Comf ort Syle

    Which factor influence you more to purchase a bike ?

    Fig. 3Table 4

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    Are you satisfied with its overall performance?

    Are you satisfied with its

    overall performance?

    No. of respondents

    Fully Satisfied 41

    Satisfied 104

    Moderate 42

    Less satisfied 10

    Poor 3

    Table 4 shows that 41 of respondents are fully satisfied with the

    performance of their bikes, 104 of respondents are satisfied with the

    performance of their bike, 42 of respondents are moderate in

    satisfaction with the performance of their bikes and 3 of respondents

    are poorly satisfied with the performance of their bike.

    41

    104

    42

    103

    0

    20

    40

    60

    80

    100

    120

    No.ofrespondents

    FullySatisfied

    Satisfied Moderate Less satisfied Poor

    Are you satisfied with its overall performance?

    Fig. 4Table 5

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    According to you which company gives the most benefit to

    customers?

    According to you which

    company gives the most

    benefit to customers?

    No. of respondents

    Honda 63

    Bajaj 109

    TVS 28

    Table 5 shows that 63 of respondents are saying that the Honda is

    providing more benefits of the services to the customers, 109 ofrespondents are saying that the Bajaj is providing more benefits ofthe services to the customers and 28 of respondents are saying thatthe TVS is providing more benefits of the services to the customers.

    According to you which company gives the most

    benefit to customers ?

    63

    109

    28

    Honda

    Bajaj

    TVS

    Fig. 5

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    Table 6

    Which type of media influence your purchase behaviour?

    Which type of media influence

    your purchase behaviour?

    No. of respondents

    T.V. 114

    Newspaper 33

    Wall painting 5

    Hording 12

    Magazine 36

    Table 6 shows that 114 of respondents and influence to purchasetheir bike through T.V., 33 of respondents and influence to purchasetheir bike through Newspaper, 5 of respondents and influence to

    purchase their bike through Wall painting, 12 of respondents andinfluence to purchase their bike through Hording and 36 ofrespondents and influence to purchase their bike through Magazine.

    114

    33

    512

    36

    0

    20

    40

    60

    80

    100

    120

    No.ofrespondents

    T.V. New spaper Wall painting Hording Magazine

    Which type of media influence your purchasebehaviour ?

    Fig. 6

    Table 7

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    Who influenced you more in your buying decision of bike?

    Who influenced you more in

    your buying decision of bike?

    No. of respondents

    Self 30

    Family Member 54

    Friends/Relative 98

    Mechanics 18

    Table 7 shows that 30 of respondents have influence their buyingdecision from their self decision, 54 of respondents have influencetheir buying decision from their family members, 98 of respondentshave influence their buying decision from their friends/relative and18 of respondents have influence their buying decision from theirMechanics,

    30

    54

    98

    18

    0

    20

    40

    60

    80

    100

    No.ofrespondents

    Self Family Member Friends/Relative Mechanics

    Who influenced you more in your buying decision of

    bike ?

    Fig. 7

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    Table 8

    In your opinion, what role advertisement plays?

    In your opinion, what role

    advertisement plays?

    No. of respondents

    Provides important details 65

    Creates awareness 125

    Misleading 10

    Table 8 shows that 65 of respondents are in favor that advertisement

    provides important details, 125 of respondents are in favor thatadvertisement creates awareness and 10 of respondents are in favorthat advertisement Misleading.

    65

    125

    10

    0

    20

    40

    60

    80

    100

    120

    140

    No.ofrespondents

    Provides

    important details

    Creates

    awareness

    Misleading

    In your opinion, what role advertisement plays ?

    Fig. 8

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    RECOMMENDATI

    ONS

    http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/
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    Recommendation

    Recommendation refers to the outcome of the research work done

    and the suggestions for implementation i.e. findings.

    1. It is suggested that manufacturer should make all efforts to

    control cost.

    2. New technology should be applied according to the

    requirement of the customer.

    3. Provide various schemes which attract the customers.

    4. Spare parts of the bikes should be easily available in the

    market.

    5. Bike should be fuel efficient.

    6. Bike should be available in different colours so as to attract

    college going students.

    7. Bike should be given sportier look.

    http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/
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    BIBLIOGRAPHY

    http://auto.indiamart.com/motorcycles/
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    BIBLIOGRAPHY

    1. Schiffman Leon G. and Kanuk Leslie Lazar

    Consumer Behaviour 6th edition Published by: Prentice-hall of

    India Private Limited. ( page no. 2&6)

    2. Gupta C.B. and Dr. Nair N. Rajan

    Marketing Management 5th edition Published by: Sultan chand

    & sons (page no. 1.69)

    3. Mamoria C.B. and Mamoria Satish

    Marketing Management 4th edition Published by: Kitab Mahal

    (page no. 161)

    4. Nair Suja R.

    Consumer Behaviour Indian prospective Ist edition Published

    by: Himalaya Publicating Home ( page no. 3)

    5. Bennett Peter D. and Kassarjian Harold

    Consumer Behaviour 8th edition Published by: Prentice-hall of

    India Private Limited.(page no. 5)

    6. Kothari C.R

    Research Methodology Methods & Techniques 2nd edition

    Published by: Wishwa Publication (page no. 151, 94-95)

    7. http://www.tvsapache.com/home.aspx

    8. http://www.bajajauto.com/pulsar/

    9. http://www.honda2wheelersindia.com/unicorn/ride_n_fly/

    be_a_wing_rider.asp

    http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://auto.indiamart.com/motorcycles/http://www.tvsapache.com/home.aspxhttp://www.bajajauto.com/pulsar/http://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.tvsapache.com/home.aspxhttp://www.bajajauto.com/pulsar/http://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asphttp://www.honda2wheelersindia.com/unicorn/ride_n_fly/be_a_wing_rider.asp
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    10. http://auto.indiamart.com/motorcycles/

    11. http://www.thehindubusinessline.com/iw/2004/11/28/stori

    es/2004112800421500.htm

    12. http://www.indiabike.com/infobank/unicorn/index.htm13. http://www.icmr.icfai.org/casestudies/catalogue/Marketin

    g/MKTG098.htm

    http://auto.indiamart.com/motorcycles/http://www.thehindubusinessline.com/iw/2004/11/28/stories/2004112800421500.htmhttp://www.thehindubusinessline.com/iw/2004/11/28/stories/2004112800421500.htmhttp://www.indiabike.com/infobank/unicorn/index.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://auto.indiamart.com/motorcycles/http://www.thehindubusinessline.com/iw/2004/11/28/stories/2004112800421500.htmhttp://www.thehindubusinessline.com/iw/2004/11/28/stories/2004112800421500.htmhttp://www.indiabike.com/infobank/unicorn/index.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htm
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    ANNEXURE

    http://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htm
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    Questionnaire

    1. Which Brand of bike you own?

    2. What is the price of your bike?

    3. How long do you own this Bike?

    Less than six month

    Six month

    One year

    Two year

    More than 2 years

    4. How fuel efficient your bike is?

    5. What is the top speed (km/hs) of your bike?

    6. Are you aware about the 150cc bike brands available in the market?

    Fully aware

    Aware

    Less aware

    7. Which of the following model/brand of 150cc motorcycle you like the

    most

    1 2 3

    HONDA (Unicorn) -- -- --

    BAJAJ (Pulsar 150cc) -- -- --

    TVS (Apache) -- -- --

    http://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htmhttp://www.icmr.icfai.org/casestudies/catalogue/Marketing/MKTG098.htm
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    8. How did you came to know about this brand /model of 150cc bike

    Through friends

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