Preview

Study on consumer behaviour towards business centres

Powerful Essays
Open Document
Open Document
2914 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Study on consumer behaviour towards business centres
Comparative Analysis for Maruti-Suzuki Ertiga

Comparative Analysis for
Maruti-Suzuki Ertiga

Submitted by:

Group 6 (Section C PGDM 1st yr)

Anisha Gupta 152/2013

Hemant Tejwani 153/2013

Anmolika Dhillon 154/2013

Ravjot Singh 155/2013

Gaurav Bhudiraja 156/2013

Nitish Gagneja 157/2013

Submitted to: Prof. Shikha Singh

PREFACE This project comes under the purview of Economics and its application through statistical methods helps businesses make decisions and determine strategy on pricing, operations, risk, investments and production.
An attempt has been made to study the Comparative Analysis for Maruti-Suzuki Ertiga, with a mixed sample of the population and to know the reason for purchase of car, the brand preference of the car consumer, factors which affect the consumer preference at the time of purchasing cars.
This study has been done to know the market potential, the price categorization and scope of the designs and brands of cars which find liking by the various consumers of different age groups. A descriptive research procedure on demand and supply has been followed to come to the conclusions of the project.

ACKNOWLEDGEMENT

We would like to sincerely thank Prof. Shikha Singh, our instructor for Managerial Economics at Lal Bahadur Shastri Institute of Management, New Delhi for her relentless support and constant inputs throughout the duration of the project.
We would also like to express our gratitude to the library staff at Lal Bahadur Shastri Institute of Management for their support.
We would also like to thank our family and friends & the professionals who extended their support for the questionnaire and gave their valuable time for the effective completion of their project.



References: http://www.imaginmor.com/automobileindustryindia.html http://www.financialexpress.com/news/maruti-7th-most-trusted-brand/742164 http://www.marutisuzuki.com/ertiga/ErtigaIndex.aspx Bibliography Statistics for Business and Economics by Anderson, Sweeney and Williams Marketing research by Philips Kotler Managerial Economics by Prem L.Mehta

You May Also Find These Documents Helpful

  • Better Essays

    There are many factors that should be considered before buying a new car; this decision should be based on in-depth consumer research prior to stepping foot onto a dealership lot. In today’s vehicle market you can expect to see varying interest rates, varied vehicle supply and depending on the economy, dealership promotions and gimmicks which all play a role in the decision making process for a new vehicle purchase. The vehicle sales market is very competitive; do not let the undertaking duty of purchasing a new vehicle become overwhelming. Instead, prepare yourself with ample consumer research and knowledge before you go new-car shopping.…

    • 1284 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Mr. Sun

    • 2889 Words
    • 12 Pages

    The number of automobiles had risen to over 1 billion vehicles all the world in 2010, which is 20 times more than this number in 1986(Sousanis, John,2011). Car plays a indispensable role in today's society, according to a survey from World Bank(2011), the number of ownership of motor vehicles per 1,000 people is more than 500 in most of developing countries, especially for Monaco, the number was 908(World Bank Data,2009). Although cars have become more and more commonplace, but the cars are still expensive commodity, also there is no doubt that the final decisions are usually made after careful consideration when people purchasing a car(Kathuria, Singla,2012). At the same time, as the vehicle types supplied to be chosen by consumers have become more and more various. When consumer facing with abundant of choices, they become more and more confused and irresolute. With the segmentation of automobile market, the factors that affect the public' car choices are more and more diversified.…

    • 2889 Words
    • 12 Pages
    Better Essays
  • Good Essays

    The market size for convertibles (both in terms of sales of imports & U.S. Production) increased from year 1982 to 1988. Overall Size, Sportiness, and price tended to define the traditional automobile segments. The Miata fell into the subcompact speciality category which included models such as Pontiac Fiero and Nissan Pulsar. Analyses of consumer’s demographics reveal that people Less than 45 years of age represented 58% of first time new car buyers. 57% of car buyers Under 25 years of age and 61% of those having a household income of less than $ 30,000 were females. Therefore, the target consumer must be young people and especially young females. Target demographic was car lovers, in particular a sporting car lovers.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Gm Research Paper

    • 2441 Words
    • 10 Pages

    Section two focuses on the marketing of GM. Marketing plays an important role to achieve company’s goals, objectives and it is even more pertinent in the sales of motor vehicles. They design different types of cars aimed toward individuals based on their income, age, family and occupation. This research paper mentions what types of marketing strategies are used by GM and how it affects its reputation and the financial outcome of these marketing strategies.…

    • 2441 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Nowadays, beside the main function as a transportations tool, many people behavior also use cars to measure a level of luxurious. So that’s why nowadays there is a lot of type of car that offered to human beings, diver from the main function and other function that actually only support the main things. Seeing that opportunity, it 's no wonder that car manufacturers are popping up. They present to provide various kinds automobile products based on a form, price and class to meet a demand market. That’s why there is a big competition between Automobile companies.…

    • 4530 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    In the luxury automobile market, there are many vehicles that boast high quality workmanship, luxurious appointments and powerful drivetrains. For this research paper, the midsize luxury sedan segment was chosen because most of the vehicles from the brands in this segment have similar features, power, and most importantly, price tags. The flagship models of the brands were not chosen since the features and amenities are very different from car to car to such a degree that it would be almost impossible to compare the models. The retail prices of the flagship vehicles also vary by a few thousand dollars, making a fair comparison between the models even more difficult. The midsize luxury sedan segment offers consumers a good mix of quality components and craftsmanship, luxurious amenities, and ample power for daily commuting. These vehicles are designed for consumers who want luxurious, high quality vehicles at a fair price. The vehicle chosen for this study is the all-new Lexus GS430 sedan. The Lexus' two closest competitors are the BMW 545i and the Cadillac STS V8. The vehicles chosen are with all standard equipment but the navigation system option was added to each since the Lexus comes with it already loaded. The engine and transmission options were also chosen to equally match the vehicles in power and price.…

    • 1434 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Merere

    • 1225 Words
    • 5 Pages

    This course introduces the basic statistical concepts and methods in inferential statistics and quantitative decision making useful in analyzing problems in all areas of business and economics.…

    • 1225 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Marketing and Entry Mode

    • 19453 Words
    • 78 Pages

    Research designs the dissertation a case study about the entry mode of Toyota in the European automobile market and also dig up in-depth understanding of the research problem, the qualitative research approach is chosen for this research. During the analysis part, all information is derived from books, articles, websites and related concern Toyota departments etc.…

    • 19453 Words
    • 78 Pages
    Powerful Essays
  • Satisfactory Essays

    Toyota Motor Corporation

    • 470 Words
    • 2 Pages

    The automobile is very attractive due to the development of leaving standards, the demand for automobiles are rapidly increased. The United dtated was the largest motional market with about 9m new registrations, followed by Japan with over 4 M registrations at 1994. Besides, the introduction of new technologies has improved the improvement of the industry, and that also pushed the demand for vehicles. The competition inside the industry has become more and more fierce. At the same time, more and more companies and people want to get into the market as well.…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    This is an interactive course designed to help students achieve a greater understanding of the statistical methods and models available to analyze and solve business management problems. The course is designed for students majoring in a business administration or management course of study. Successful completion of this course will provide students with a working knowledge of the principles of statistics, the ability to analyze and solve problems involving probability, and a working knowledge of averages and variations, normal probability distributions, sampling distributions, confidence intervals and testing statistical hypotheses. The emphasis of the course will be on the proper use of statistical techniques and their implementation rather than on mathematical proofs. (Prerequisite: MATH110 formerly MA112).…

    • 6748 Words
    • 27 Pages
    Powerful Essays
  • Satisfactory Essays

    Foreign vs. Domestic

    • 554 Words
    • 3 Pages

    The primary research question for this project will be to determine the primary attributes that influence a consumer’s decision to buy foreign vice domestic made automobiles. The purpose of this fundamental research question will allow U.S. auto manufacturers to assess the preferences of consumers. Further analysis can be conducted to determine if it cost feasible to integrate these features into existing models to increase market share. To assess this primary research question, a market survey of 500 randomly sampled automobile owners will be conducted. The survey will provide basic demographic information, current auto ownership information and focus primarily on specific attributes that influence their decision…

    • 554 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Swot of Small Car Industry

    • 2479 Words
    • 10 Pages

    For the purpose of discussion and research, we have considered the Society of Indian Automobile Manufacturers ' (SIAM 's) segmentation, according to which the mini segment and the compact segment constitute the Indian small car market.…

    • 2479 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    The purpose of this report is to elaborate the factors which are considered by individuals before selecting or buying a car. Choosing a car is indeed an important decision of buyer and it does give a shape to where or what he wants. The report begins with a list of various cars which have been going though it has indeed changed its form to a large extent. Amongst all the cars classification, Honda city and Toyota vios, are chosen which similar at 1500cc but at a different level from each other, both are categories under mid-size car. After those different evaluation criteria which are used by the individual before selecting a car is made, and from all the possible factors, some important ones like price affordability, branding, functionality, safety, comfort are considered to be important. A decision matrix is prepared and the findings of the matrix are discussed after that. The last part of the report explains how the factors like demographics and personality affect the decision making process when buying a car. Interesting findings are shown throughout the report evidencing how different individuals are different from each other when it comes to making decisions about themselves. The report ends with a conclusion of the main findings in the report where in personality is given an important position as that is what affects how decisions are made about selection of buying a car.…

    • 1646 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The research carries the potential to analyze and determine the consumer’s perception and their buying behavior on the basis of different parameters like design, comfort, safety, fuel efficiency, brand preference, loyalty etc among the following three hatchback cars:-…

    • 472 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Findings- customer believes that the brand name tells them something about product quality, utility, technology and they prefer to purchase the passenger cars which offer high fuel efficiency, good quality, technology, durability and reasonable price.…

    • 873 Words
    • 4 Pages
    Good Essays