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,.., ,.-fORIZED DEALERS FOR YAMAHA INDIA MOTORS PVT LTD
Date: 26.03.2018
TO WHOM SO EVER IT MAY CONCERN
Project certificate
This is to certify that Mr. Punith S, USN:1AY16MBAS2,a student of Acharya
Institute of Technology has successfully completed his 10 weeks internship
from 15/01/2018 to 24/03/2018 in Bangalore Whees
As the details were provided from the organisation for the establishment of
the project titled "A Study On Customer Satisfaction Towards Yamaha Bikes"
with the respect to partial fullfillment of requirements of MBA of VTU during
the period of internship program with us, he was found punctual and
inquisitive.
# 1016/1, mani complex, 1st Main, Dr.Rajkumar Road, 4th Block, Rajajinagar, Bangalore-560010
Phone:+91 8073730542, Fax: +91 8023119598
AA
..
.
ACHARYA INSTITUTE
OF TECHNOLOGY
(AffiliatedtoVisvesvarayaTechnological University, Belagavi, Approved byAICTE, NewDelhi and Accredited byNBA and NAAC)
Date: 25/05/2018
CERTIFICATE
This is to certify that Mr. Punith S bearing USN 1AY16MBA52 is a
bonafide student of Master of Business Administration course of the Institute
2016-18 batch, affiliated to Visvesvaraya Technological University, Belagavi.
Project report on "A Study on Customer Satisfaction Towards Yamaha
Bikes" at Bangalore Wheels, Bangalore is prepared by him under the
guidance of Prof. Arundathi K L in partial fulfillment of the requirements
for the award of the degree of Master of Business Administration,
Visvesvaraya Technological University, Belagavi, Kamataka.
Signature ofInternal Guide Sigp.atqre ofHOD f
M8CI of the Depertmen
rJepartnl'et t f f A
Acharya ln~tituts uf Tocllnology
Sotdevanahi11, S.galore--5&0 10i
~~~,r
k
Signature ofPrincipal
PRiNCIPAL
ACHARYAINSTiTtiTf CF TEvni~OLOGY
Solcf:vanahc;!1J 8, i''" '·l··~~-560 107
Acharya Dr. Sarvepalli Radhakrishnan Road. Soladevanahalli. Acharya PO.. Bangalore 560 107. Karnataka.lndia • www.acharya ac.in/ait/
• Ph:+91-80-225 555 55 Extn.: 2102 • Fax +91-80-237 002 42 • E-mail: principalait@acharya.ac.in
DECLARATIO~
I, PUNITH S bearing USN IAY 16MBA52 hereby declared that the project report entitled "
Consumer Satisfaction towards yamha bikes" with reference to " Bangalore wheels" prepared by
me under the guidance of Prof. Arundathi,K L faculty of MBA Department, AIT and external
assistance by mr.Surendranath .General Manager-Bangalore wheels. I also declare that this project
work is toward the partial fulfillment of the university Regulations for the degree of Master of
Business Administration by Visvesvaraya Technological University, Belgaum. I have undergone
a summer project for the period of ten weeks. I further declare that this project is based on the
original study undertaken by me and has not been submitted for the award of any degree/diploma
from any other University I Institution.
Place: Bengaluru
~
Signaf.He of the Student
Date: ~ ~ l0 S IL ~
ACKNOWLEDGEMENT
Success in any activity is achieved not by an individual’s own effort, but with the support of
many known and unknown.
I, the undersigned, IV semester student of MBA, Acharya Institute of technology, Bangalore
is glad to express my deep sense of gratitude to all the persons connected with the successful
completion of this project work. This report is obviously not the result of my work alone, many
persons have directly and indirectly involved, without whom this work would not have been
accomplished.
I am thankful to Dr. S C PILLI , Principal, Department of MBA, Acharya Institute of
Technology, Bangalore for immense help for the preparation and improvement of this work.
I am thankful to Dr. G Nijaguna, HOD, Department of MBA, Acharya Institute of
Technology, Bangalore for immense help for the preparation and improvement of this work.
My sincere thanks to all the management staff and employees of Bangalore Wheels,
Bangalore for giving the necessary information relevant to this study. I am grateful to Mr.
surendranath, general manager,under whose guidelines this study was done.
I express my deep sense of gratitude to Prof. Arundathi K L, Faculty Member, Department
of MBA, Acharya Institute of technology, Bangalore for her guidance and continuous
untiring support during the course of this project work.
Finally, I acknowledge with thanks to the co-operation and support extended to us by the
respondents who helped in successful completion of this project work.
PUNITH S
(1AY16MBA52)
TABLE OF CONTENTS
CHAPTER
NO.
CHAPTERS PAGE
NO.
EXECUTIVE SUMMARY 1
1 INTRODUCTION
1.1 introduction 3
1.2 Industry Profile 3-4
1.3 Company profile 4-5
1.4 Vision, Mission , Goals and Quality policy 5
1.5 Product and Service Profile 6-15
1.6 Area of Operations 16
1.7 Insfrastructure facilities 16
1.8 Company competitors 17
1.9 Swot Analysis 17-18
2.0 Future growth and prospects 18
2.1 Financial statements 19-20
2 THEORETICAL BACKGROUND AND LITERATURE
REVIEW
2.1 Theoretical background 22
2.2 Review of Literature 22-26
3 RESEARCH DESIGN
3.1 Statement of Problem 28
3.2 Need for the study 28
3.3 Objective of the study 28
3.4 Scope of the study 29
3.5 Research Methodology 29-30
3.6 Limitations of the study 30
4 DATA ANALYSIS AND INTERPRETATION 32-55
5 SUMMARY OF FINDINGS, SUGGESTIONS AND
CONCLUSION
5.1 Findings 57
5.2 Suggestions 58
5.3 Conclusion 58-59
BIBLIOGRAPHY
ANNEXURE
LIST OF TABLES
TABLE
NO.
TITLES PAGE NO.
4.1 Table showing Age group of the respondents. 32
4.2 Table showing Monthly income. 34
4.3 Table showing Occupation 36
4.4 Table showing the color of Yamaha bike. 38
4.5 Table showing Customer knowing about Yamaha bikes 40
4.6 Table showing Customer opinion about Yamaha . 41
4.7 Table showing the first owner of the bike 42
4.8 Table showing the Factors considering after the first service. 43
4.9 Table showing the Customer opinion after many service. 44
4.10 Table showing Buying influence of customer. 46
4.11 Table showing Price opinion of respondents on Yamaha bikes 47
4.12 Table showing Customer satisfaction about the technology of Yamaha. 48
4.13 Table showing Performance of the Yamaha bikes 49
4.14 Table showing is yamaha bikes suitable for off road journey 50
4.15 Table showing Any problem in Yamaha bikes . 51
4.16 Table showing expectation from the service center 52
4.17 Table showing Convenient timing of service station 53
4.18 Table showing About the service provider listens to the complaints. 54
4.19 Table showing greeting of customers by employees and staff 55
Balance sheet 19-20
LIST OF GRAPHS
GRAPH. TITLES PAGE NO.
4.1 Graph showing Age group of the respondents. 33
4.2 Graph showing Monthly income. 35
4.3 Graph showing Occupation 37
4.4 Graph showing the color of Yamaha bike. 39
4.5 Graph showing Customer knowing about Yamaha bikes 40
4.6 Graph showing Customer opinion about Yamaha . 41
4.7 Graph showing the first owner of the bike 42
4.8 Graph showing the Factors considering after the first service. 43
4.9 Graph showing the Customer opinion after many service. 45
4.10 Graph showing Buying influence of customer. 46
4.11 Graph showing Price opinion of respondents on Yamaha bikes 47
4.12 Graph showing Customer satisfaction about the technology of Yamaha. 48
4.13 Graph showing Performance of the Yamaha bikes 49
4.14 Graph showing is yamaha bikes suitable for off road journey 50
4.15 Graph showing Any problem in Yamaha bikes . 51
4.16 Graph showing expectation from the service center 52
4.17 Graph showing Convenient timing of service station 53
4.18 Graph showing About the service provider listens to the complaints. 54
4.19 Graph showing greeting of customers by employees and staff 55
LIST OF FIGURES
1.1 YAMAHA FASCINO 6
1.2 YAMAHA FZ25 7
1.3 YAMAHA YZF R14 7
1.4 YAMAHA RFZ R15F 8
1.5 YAMAHA RAY Z 9
1.6 YAMAHA FZ FI 10
1.7 YAMAHA FAZER FI 10
1.8 YAMAHA FZ 11
1.9 YAMAHA YZF R3 12
1.10 YAMAHA SZ-RR 13
1.11 YAMAHA ALPHA 13
1.12 YAMAHA FZI 14
1.13 YAMAHA FZS 15
1
EXECUTIVE SUMMARY
Project report on “A study on customer satisfaction towards Yamaha”. Before internship there
are many questions in mind and internship helped to clear all those questions and doubts.
To know the satisfaction level of customers towards Yamaha bikes, to learning the level of
customer satisfaction, to understand the various factors which give customer satisfaction after
the buying of bikes, to assess the reasonable period taken to delivery service at Bangalore
wheels. to understand about Yamaha bikes with regard to the specific customer opinion, To
assess the satisfaction of the customer towards Bangalore wheels.
The marvelous evolution of Indian economy helped the development of two wheeler market.
As of now more and more and more organizations came to the Indian market with progressive
technology. They gave equal important to safety, design, performance and durability. Yamaha
is able to compete with them in all these fields and it has a good and reliable brand image in
the mind of the customer.
2
CHAPTER – 1
INTRODUCTION
3
1.1 INTRODUCTION
My internship project report is on the topic ‘A study on customer satisfaction towards Yamaha
bike’. I have completed my internship in Bangalore wheels. (Yamaha bike showroom).
previous to my internship in Bangalore wheels, there having many questions were in my mind
regarding the how the showroom manages the customer, and also the questions about the
Yamaha bikes are satisfying the customer.
The internship provides a realistic advantage to the college student. To gain the knowledge and
experience towards the chosen matter. Internship presents how theoretical knowledge which
observes on the working field.
1.2 INDUSTRY PROFILE:
The world's automakers face a rate of alteration unlike that the any other time in the industry's
past. Digitalization, connectivity, increasing powertrain technologies, tougher regulations, and
shifts in the buyer attitudes have shaped a unprecedented challenges as well as opportunities.
In pursuit of the sales development, international automakers have invested deeply in the
emerging markets, but slower demand, especially in the China, has highlighted the risks of the
investments. Exactly assessing economic conditions in specific markets has become more
significant than ever for automakers.
Annual global sales of the light vehicles, which include the passenger cars and lights trucks,
total about 80million, According to the data compiled by Scotiabank. Industry watchers expect
global light vehicle sales to increase slightly more than the 3% in 2018. Demand in China will
lead to global growth but is slowing amid a cooling economy. Strong economic growth and
rising average vehicle age in the North America and in Europe are expected to help drive
moderate sales growth. Leading countries for car manufacturing include China, Germany,
Japan, South Korea, and the US. Unit sales are highest in China, North America, and Western
Europe.
4
History of the automobiles:
History of the automobile industry first origin in the year 1769 it was the formation of steam
engine. In the year 1806 the very first case powered by an inside combustion engine running
on gas fuel arrived in 1885 introduction of ubiquitous modern gasoline or petrol filled internal
combustion engine, In the 20th
century first introduced the power electric cars.
History of the bikes era begins in the 2nd
semi of the 19th centuries. Bikes are the most sink
from the "safety cycles" the bicycle with the rear and front wheels of the same size and the
pedal head of the mechanism to ride the rear wheel. Despite some previous benchmarks in its
Evolution, the motorcycle is the very less rigid birth that can be found back to a single machine
or idea.. Instead of the idea seems to have occurred to high engineers and inventors in Europe
at around the same period.
1.3 Company profile:-
Yamaha motor Pvt Ltd as made up in India in the year 1985 as the joint venture in the year
2001, in august Yamaha motor company limited has became a 100(%) percent subsidiary in
2008 Mitsui and company has made an contract with Yamaha company to turn out to be a joint
investor in India.
Yamaha motor company is extremely customer-driven and has a universal network of over
2300 customer touch point and it was with the 500 dealers.
Type - public company.
Industry - Automobiles industry.
Predecessor - YAMAHA MOTOR PVT LTD.
Headquarters(HQ) - Iwata and Japan
Key persons - Hiroyuki Yanagi
5
Product - Automobiles
Returns - 410.4 Billon JPY
Net income - 22.9 Billion JPY
1.4 MISSION, VISION, AND GOALS
VISION MISION AND VALUES OF THE COMPANY
VISION: To be a leader in the market.
MISION: To attain better level of service to buyers.
VALUES: To buyer forced behavior carrying for the buyer integrity.
6
1.5 PRODUCT AND SERVICE PROFILE
Figure 1.1 Yamaha fascino:
Specifications:
• 66-KM per ltr.
• Category: moped.
• 113 CC MOTORCYCLE.
• Top speed is 80 KMPH.
• Petrol engine.
• Transmission: automatic.
• Engine kind: Air-cooled, four-stroke, two-valve.
• Best range.
• Front and rear break type dump.
7
Figure1.2Yamaha Fz25:
Specifications:
• 43-KM per ltr.
• 249 CC bike.
• Power: 20.9 per sec.
• 8000 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve, Single cylinder
• Brake: front and rear disk.
• Best range.
• Analog meter.
Figure1.3Yamaha YZF R14:
8
Specifications:
• 40-KM per ltr.
• Kind: bike
• 149 CC bike.
• Top speed is 131 KMPH
• Power 16.8 per sec.
• 8500 revolution for each minute.
• Engine kind: Air-cooled, four-stroke, four-valve, Liquid-Cooled Single Cylinder
• Brakes :front and rear disk.
• Best in mileage.
• Analog meter.
Figure1.4 Yamaha RFZ R15F:
Specifications:
• 45-KM per ltr.
• Kind: motorcycle
• 149 CC bike.
• Top speed is 130KMPH
• Power :16.8 per sec.
9
• 8500 revolution per minute.
• Engine kind: liquid-cooled, four-stroke, four-valve.
• Brakes :front and rear disc.
• Best mileage.
• analog meter
Figure1.5 Yamaha RAY Z:
Specifications:
• 66-KM per ltr.
• Kind: moped
• 113 CC bikes.
• Top speed :86KMPH
• Power: 7.1per sec.
• 7500 revolution per minute.
• Engine kind: air-cooled, four-stroke, liquid-valve cylinder.
• Brakes: front and rear drum
• Best mileage.
• Analog meter
10
Figure1.6 Yamaha FZ FI:
Specifications:
• 45-KM per ltr.
• Kind: motorcycle.
• 149 CC.
• High speed is 112KMPH.
• Power :13.8 per sec.
• 8000 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve.
• Brakes :front disc and rear drum.
• Best mileage.
• analog meter
Figure1.7 Yamaha Fazer FI:
11
Specifications:
• 42-KM per ltr.
• kind:motorcycle.
• 149 CC bike.
• High speed is 121KMPH
• Power 14.8 per sec.
• 8500 revolution per minute.
• Engine kind:Air-cooled, four-stroke, two-valve.
• Brake:front disc and rear drum.
• Best mileage.
• Analog meter.
Figure1.8 Yamaha :
Specifications:
• 51 KM per ltr.
• Kind: motorcycle.
• 149 CC bikes.
• high speed is 107KMPH.
• Power 13.1 per sec.
• 8500 revolution per minute.
12
• Engine kind: Air-cooled single cylinder, four-stroke, two-valve.
• Brakes:front disc and rear drum.
• Best range.
• Analog meter.
Figure1.9 Yamaha YZF R3:
Specification
• 24 KM per ltr.
• Kind :motorcycle.
• 321 CC bike.
• High speed is 188KMPH.
• Power 41.4 BHP.
• 17500 revolution per minute.
• Engine kind :two cylinders, liquid cooled, four-stroke, four-valve.
• Brakes: front disc and rear disc.
• Analog meter.
13
Figure1.10Yamaha SZ-RR:
Specifications:
• 50 KM per ltr.
• Kind: motorcycle.
• 149 CC bikes.
• High speed is105KMPH.
• Power 12.1 per sec.
• 7500 revolution per minute.
• Engine kind: Air-cooled, four-stroke, two-valve.
• Brakes: front disc and rear drum.
• Best range.
• Analog meter.
Figure1.11 Yamaha Alpha:
14
Specifications:
• 66KM per ltr.
• Kind :moped.
• 113 CC bikes.
• High speed is 85KMPH
• Power 7.1per sec.
• 7500 revolution per minute.
• Engine kind: air-cooled, four-stroke, two-valve cylinder.
• Brakes:front and rear drum.
• Best range.
• Analog meter
Figure1.12 Yamaha FZI:
Specifications:
• 21 KM per ltr.
• Kind: motorcycle.
• 998 CC bikes.
• High speed is 255KMPH.
• Power 148 BHP.
15
• 11000 revolution per minute.
• Engine kind: liquid-cooled double cylinder, four-stroke, five-valve.
• Brakes :front disc and rear disc.
• Digital meter.
Figure1.13 Yamaha Fz:
Specifications:
• 50 KM per ltr.
• Kind: motorcycle
• 153 CC bikes.
• High speed is 117KMPH
• Power 14 per sec.
• 7500 revolution per minute.
• Engine kind:Air-cooled, single cylinder, four-stroke.
• Brakes: front disc and rear drum.
• Best range.
• Analog meter.
16
1.6 AREAS OF OPERATION
Company has been functioned in the different nations they are:
1. PAKISTAN.
2. INDONESIA.
3. THAILAND.
4. MALASIA.
5. PHILIPPINE.
6. TAIWAN.
7. COMBBODIA.
8. CHINA.
9. AUSTRALIA.
10. NEWZELAND.
11. SINGAPOOR.
1.7 INSFRASTRUCTURE FACILITIES
BANGALORE WHEELS has a modern showroom to the sell Yamaha bikes and equipped
workshop to provide service. Bangalore wheels is authorized dealership with the Yamaha
motor private limited. Today Bangalore wheels has expanded with showrooms.
• Modern fast class audio visual in the waiting room
• Good large discussion room.
• Test drives are provided.
• Display board are provided
17
1.8 COMPANY COMPITATORS
• HERO.
• Honda.
• Bajaj.
• TVS .
• Royal Enfield.
1.9 SWOT ANALYSIS
STRENGTH, WEAKNESS,OPPORTUNITIES AND THREATS.
Strengths:
✓ Yamaha and their quality and customized product.
✓ Yamaha firm has 40k workers.
✓ High level of marketing.
✓ Promoting circulation of the Yamaha bikes through international.
✓ It was one of the significant brand moto GP and world superbike.
✓ Yamaha is producing 50 to 1900 cc bikes.
✓ It has reached the organization by a great degree.
✓ Innovative offer and scheme are provided.
Weakness:
✓ Yamaha R1 are entirely costly
✓ Street safety is less.
✓ Extra parts of the Yamaha motorcycles are costly.
18
Opportunities:
✓ Promoting eco-friendly bikes designed to less pollution
✓ A segment of two wheeler is a fast rising industry.
✓ Motorcycle export is limited that is the international market is untapped.
Threats:
✓ Hard race in India as well as international products.
✓ Government policies & rules.
✓ Public transport by govt. is straight affective.
1.10 FUTURE GROWTH AND PROSPECTS
The Bangalore wheels are dedicated toko management to provide employees with a friendly,
creative and challenging work environment. They have moved from grades and incentives to
other steps. The Bangalore Wheel aims to provide a higher level of customer satisfaction and
good service to customers
19
1..11 FINANCIAL STATEMENT
Period Ending 12/31/2017 12/31/2016 12/31/2015
Current Assets
Cash And Cash
Equivalents
156,634,000 135,525,000 107,617,000
Short Term
Investments
- - -
Net Receivables 313,851,000 292,132,000 279,415,000
Inventory 307,628,000 294,289,000 310,768,000
Other Current
Assets
76,905,000 72,997,000 103,607,000
Total Current
Assets
855,018,000 794,943,000 801,407,000
Long Term
Investments
188,620,000 150,915,000 105,027,000
Property Plant
and Equipment
347,997,000 350,668,000 341,075,000
Goodwill - - -
Intangible
Assets
11,173,000 8,658,000 7,518,000
Accumulated
Amortization
- - -
Other Assets 13,037,000 13,592,000 50,209,000
Deferred Long
Term Asset
Charges
13,035,000 12,516,000 12,362,000
Total Assets 1,415,845,000 1,318,776,000 1,305,236,000
Current
Liabilities
Accounts
Payable
154,689,000 143,789,000 145,087,000
Short/Current
Long Term
Debt
353,490,000 364,381,000 410,147,000
Other Current
Liabilities
142,578,000 135,440,000 124,139,000
Total Current
Liabilities
502,153,000 474,621,000 540,620,000
Long Term
Debt
162,569,000 181,960,000 150,295,000
Other Liabilities 85,891,000 86,790,000 82,621,000
Deferred Long
Term Liability
Charges
- - -
Minority
Interest
42,430,000 41,238,000 40,910,000
Negative
Goodwill
- - -
20
Total Liabilities 750,613,000 743,371,000 773,536,000
Stockholders'
Equity
Misc. Stocks
Options
Warrants
- - -
Redeemable
Preferred Stock
- - -
Preferred Stock - - -
Common Stock 85,797,000 85,797,000 85,782,000
Retained
Earnings
513,182,000 434,361,000 390,559,000
Treasury Stock -50,839,000 -60,703,000 -60,249,000
Capital Surplus 74,662,000 74,712,000 74,698,000
Other
Stockholder
Equity
-50,117,000 -59,989,000 -59,540,000
Total
Stockholder
Equity
622,802,000 534,167,000 490,790,000
Net Tangible
Assets
611,629,000 525,509,000 483,272,000
21
CHAPTER – 2
CONCEPTUAL BACKGROUND AND LITERATURE
REVIEW
22
2.1THEORECTICAL BACKGROUND OF THE STUDY
It is the study to attract the customers towards the Yamaha showroom by satisfying the
expectations of the customers and also understanding the demand and thinking,etc. main aim
is how to satisfy and to make feel better at showroom and also helps to use all the data for
future perspective to improve satisfaction level.
Customer satisfaction is the key to business to earn the profit and to obtain the market
leadership. The term indicates it is group of client that are inquisitive about the resource
According to the Philip Kotler, “A market contains of all the possible customer of distribution
a particular need or a want who is willing and able to engage in exchange, to satisfy the need
or want”.
According to courno, “The Economists is recognized by the term market, not by any specific
market place in which things are bought and vended, but the full of any region in which
purchaser and vendor are in such a free intercourse with one other that the prices of the same
goods tend to be at equity and quickly”.
According to Pyle, “The Market contains both the place and area in which venders are in the
free competition with one another”
So, the extent of the market depends upon worth of person WHO has the unjoyful wants , is
doubtless skilled of playacting the exchange.
2.2 REVIEW OF LITERATURE
Ajzen & Hassn (1991).
In this study this function is one of the most familiar of Sidgwick, the practical is really based
on the moral theory of utilitarianism, in this study of customer satisfaction the consumers
behavior is entirely based on usefulness function when the choice rotates around the amount
discomfort or pleasure in carries.
23
Bhatnagar (2000).
In the findings of the author has inspected that the consumers satisfaction many time influenced
by the availability of consumer goods and services,the delivery of quality buyers goods and
service has established a major concern of all trades. Consumer satisfaction is typically known
as a post-consumption finding judgment concerning an exact goods or service.
Bousch & Homer (1988).
In this findings Author designed about the trustworthy buyers satisfaction. True customers are
those who buys same brand goods in their shopping everytime. They never bothered about
the value because they knew about quality will be maintained according to the price of the
product. A faithful customer is more important than 10 new customers to the company.
Csikszentmihalyi (2000).
In this findings of the author inspected that there are a connection between brand structure and
the consumer satisfaction about the product. It is agreed because if the grade of consumer
increase, the brand price increase and the degree of consumer satisfaction reduce then usually
brand value will reduce. It is related to each other.
Dailey & Fmi (2000).
In the findings, author has inspected that evaluation reduced that the consumption experience
was at smallest as better as it was supposed to be in the customer's attitude towards the product.
D’essenc (2001).
In this study, the author has studied about the position of the consumer attitude, Which is very
significant in gaining the customers, and this procedure is also known as the customer
relationship management.
24
Donthu & Garcia (1999).
In this study ,the author has well-defined that the influencing the buying process of the
customers, for eg, friends, relatives, media, and ads. These kinds of factors impact the customer
to buy the products. These are the solid forces which make potential buyer.
Harrison & Albertsons (2001). In this study , we can sign the worth of consumer’s response
to the assessment of the perceived discrepancy between past expectations and the definite
performance of the goods and services as perceived after its consumption.
Heng patrick & Low kim (2006).
In this study,the author has analyzed that buyers satisfaction is influenced by the obtainability
of consumer goods and services, The provision of excellence of buyers service has developed
a main. the worry of all businesses. Consumer satisfaction is naturally defined as a post-
consumption evaluative ruling concerning a exact goods or service.
Hoffman & Novak (1996).
In this study, the author has examined the grade of consumer prospects toward a exact brand.
Hence the consumer prospects differ from one brand to another. So, we have to sort out our
customer expectations.
Hsiao H L (2010).
In this study, The author has examined the post-acquisition attitude of client.in the time of
purchase buyers boldness is positive but after the purchase, the attitude may turn into an
negative and then it primes to dissatisfaction.
Kim & Karpova (2010).
In this study, the author had explained the publicity skills to the sellers to gain the new
customers to improve the sales volume. If the volume of the sales increases than mechanically
profit will also increase.
25
Lorek (2001).
In this study ,the author has provided a meaning for ‘consumer’ upon two approaches: With
the location to trustworthiness, “A consumer is the being who measures the quality of the
products and services” and on the process-oriented approach, “the customer is the existence or
group that obtains the effort output”.
Mcgraw Hill (1999).
In this study, the author has examined the buying behavior of buyer which helps to make selling
plans from the seller or from the company and he defines gratification as, “The buyer’s
cognitive state of being sufficiently or inadequately rewarded for the expenses undergone”
Mohammad Amin (2009).
In this study,the author has examined the psychological factors convincing in fulfillment of the
product and services. The summary psychological state results in when the reaction
surrounding disconfirmed prospects is coupled with. consumers’ prior feelings about the
investing experience.
Mowen & Minor (1998).
In this study authors have examined the association between the product selections and the new
product development course. Authors have also examined the major key subjects in the course
of new creation presentation process.
Monroe & Dodds, (1988).
In the study the authors have examined the success issues of the product launch and tactics.
outlines and marketing are to be done while making product launch to the market. Authors also
studied about the product putting, targeting for the success and innovativeness of the product
presentation.
26
Quelch & Klein (1996).
In the study,the authors have studied about the unsafe factors which are complex in the new
product introduction with reference to the IBM AS/400 products. Authors also deliberate about
the pre-launch and post-lunch policies for the goods do well in the market.
Raman Swati & Radhika Neela (2005).
In this study,the author has inspected about the product launch of the medicinal product to the
market. Strategic grounding for the launch and work in a loan for the launch of the formation
are important for the new product presentation course. Author has also inspected the insight
change about the goods in market and potentials of changing the perception to the product.
Roy Subhadip (2005).
Has provided an exhaustive segment wise commentary on the subject. He has also dealt with
the role of nationwide and international consumer organizations in consumer protection.
Thathoo Rahul & Kacheria Rahil (2007).
In this study the author has Studied argued that now a days businesses hope to reach
profitability more quickly, and faster way to reach universal brand awareness is through online
channels.
Torkzadeh & Dillion (2010).
The book exposes the main subjects in customer law and summarizes the standards governing
and they have also reflected the rules of governing customer contacts and policies minimizing
these rules.
27
CHAPTER – 3
RESEARCH DESIGN
28
3.1 STATEMENT OF THE PROBLEM.
A Study on “CUSTOMER SATISFACTION TOWARDS YAMAHA BIKES”
The topic is designed to improve customer satisfaction towards product and services at
Banglore Wheels. The research is also directed towards finding various factors causing
satisfaction and dissatisfaction towards the various services rendered by BANGALORE
WHEELS OF YAMAHA BIKES. How can company could improve its marketing strategies
to improve the customer satisfaction level.
3.2 NEED FOR THE STUDY.
The main need to study about company is to know the company is satisfying the customer
needs and whether customer are satisfying with the service or not. This research study will
improve the customer service of the company.
• It helps to determine the post-purchase feedback of buyer to improve the delivery and
service of the product.
• It is a process of studying buyer satisfaction.
It helps to figure long-term connection with customer
3.3 OBJECTIVES OF THE STUDY
• To understand the satisfaction level of buyer towards Yamaha bike.
• To know the level of the buyer satisfaction.
• To know about diverse brands of the similar bikes sold in the area.
• To study the marketing strategy.
• To know about Yamaha motorcycles with regards in the specified customer view.
29
3.4 SCOPE OF THE STUDY:
This study is directing towards providing Yamaha Motors with an insight into the success of
as well as the buyers response and consciousness towards the brand, products, and services of
the Yamaha.
The information will be analyzed and presented in a simple and in a exact way on the basis of
which pertinent recommendations have been made to the firm to improve the services, policies,
and strategies of the company.
• From the study, we can recognize the market of the other competitors and consequently
formulate a strategy to enhance the market .
• The study is exclusively conducted to collect the information about our customer
satifaction towards Yamaha.
• The study is concerned only with Yamaha buyers.
3.5 RESEARCH METHODOLOGY:
Descriptive research:
This study is answering numerous question start with what, who, where, how and when this
research is very hard as well as it estimate eminent degree of high qualified skills understand
and answer the problem. In this study,I have used descriptive research design to the conduct a
survey on customer satisfaction towards the Yamaha bikes at bangalore wheels.
Sampling plan:-
➢ Sample size
It is considered as a part of the population from Bangalore city at Bangalore wheels (Yamaha
bikes showroom) and the sampling size is 100. It is a study of the attitude and the
characteristics of people of a sample, rather than all the size of the population. Thus the sample
preparation is the most important factor of the project.
30
➢ Sampling techniques:
The sampling techniques are the convenience sampling technique those are obtained by
selecting population unit for the study. This study refers to the people being examine those are
selected neither by probability nor by finding.
Tools used for sampling:
Graphical percentage analysis.
Data collection method:
The data will be collected by 2 mrthods ,primary and secondary data.
Primary data:
The primary data are collected from Yamaha bikes users who has purchased their vehicles
from the banglore whells and it is also collected by the help of the questionnaires.The
respondents are only just 100 members, interview by the personal method to help the more
effective study on the customer satisfaction towards Yamaha bikes. The questions are in the
form of both open ended and close ended.
Secondary data:
The secondary information will be collected by the help of yamaha showroom brochure,
journals, book in the libraries and by checking the form of a various employee in the
organization.
3.6 LIMITATION OF THE STUDY
• Less number of respondents is taken for the study.
• Lack of response by th
• 2e respondents to the study.
• The fast moving lifestyle of buyers may adversely affect this research.
• It is just determined only in the Bangalore.
31
CHAPTER – 4
ANALYSIS AND INTERPRETATION
32
Age group of the respondents.
Table no. 4.1 Age group of the respondents.
Analysis:-
The above table shows that the age groups between the 18 to 20 years respondents are 25%,
44% of the respondent are in the age group of 20-35 years, the age group between the 35-50
year respondents are 20% and the 11% of respondent are the age group of 50 years and above.
Particulars(age) No. of respondents Percentage(%)
18-20 25 25
20-35 44 44
35-50 20 20
50 above 11 11
100 100
33
Chart number:4.1 Age group of the respondents.
Interpretation:
In the above table out of the 100 respondents, the majority of the respondents are in the age
group of 20-35 years.
0
5
10
15
20
25
30
35
40
45
50
18-20 20-35 35-50 above50
Respondents Percentage
34
Table no 4.2 Monthly income.
Monthly income(MI) No. of respondents Percentage(%)
Rs7500 – 10000 7 7
Rs10000 – 20000
43 43
Rs20000 – 30000 35 35
Rs30000 above 15 15
100 100
Analysis:
The above table shows that the monthly income of respondents, The income group of the
Rs 7500-10000 respondents are 7%, income group between Rs10000-20000 respondents are
43%, 35% of the respondents are in the income group between the Rs20000-30000 and 15%
in the income group Rs 30000 and above.
35
Chart no 4.2 Monthly income.
Interpretation:
It has found that the majority of respondents are in group between the Rs 10000-20000 aiming
this segment with the promotional events will help to increase the sales.
0
5
10
15
20
25
30
35
40
45
50
7500-10000 10000-20000 20000-30000 30000above
36
Table no. 4.3 Occupation.
Occupation No. of respondents Percentage(%)
Student 46 46
Business 20 20
Profession 17 17
Employes 13 13
Other 4 4
100 100
Analysis:
This above table examined that out of 100 respondents the 46% are the students, 20%
respondents are the who running a business, 17% respondents are the professions, 13% are
the employees, and the other occupations are the 4%.
37
Chart no. 4.3 Occupation.
Interpretation:
The majority respondents are the students, in this diagram students are the most intrested to
ride a bike. Here the target customer for showroom is student.
46
20
17
13
4
0
5
10
15
20
25
30
35
40
45
50
student business profession employes others
RESPONDENTS
respondents
38
Table no. 4.4 The color of Yamaha bike.
Colour No. of respondents Percentage(%)
Red 18 18
Black 30 30
Silver 25 25
Blue 12 12
Ash 15 15
Total 100 100
Analysis:
In the above table shows out of the 100 respondents the 30% of customers are selecting the
black color bike,25% of respondents are moving to the silver color,15% of respondent
chooses the ash color and 12% of respondents are choose the blue color bikes and 18%
respondents go for red.
39
Chart no. 4.4 The color of Yamaha bike.
Interpretation:
Most of the clients are interested in purchasing the black and silver color bike.
0
5
10
15
20
25
30
35
red black silver blue ash
respondents
respondents
40
Table no. 4.5 Customer knowing about Yamaha bikes.
Particulars No. of respondents Percentage(%)
Friends 45 45
Advertising 25 25
Media 25 25
Other 5 5
Total 100 100
Analysis:
The above table shows out of 100 respondents 45% of purchaser knowing about the Yamaha
By friends, 25% are by the advertisement, 25% of customers are knowing by the media and
5% from others.
Chart no. 4.5 Customer knowing about Yamaha bikes.
Interpretation:
Most of the customer will get information about bikes through friend shows customer of
Yamaha bike get influenced by friends followed by advertising then media.
45
25
25
5
F RIE NDS A DVE RT IS ING ME DIA OT H E RS
RESPONDENTS
respondents
41
Table no. 4.6 Customer opinion about Yamaha .
Opinion No. of respondents Percentage(%)
Excellent 40 40
Good 35 35
Satisfactory 15 15
Poor 10 10
Total 100 100
Analysis:
It is observed from the above table that 40% of the respondent are giving excellent opinion
about the Yamaha bike, 35% are giving good opinion,15% are the satisfactory , and the 10%
are giving the poor opinion about the Yamaha bikes.
Chart no. 4.6 Customer opinion about Yamaha .
Interpretation:
Most of purchaser are giving the excellent opinion with their experience in the bangalore
wheels .
0
5
10
15
20
25
30
35
40
45
excellent good satisfactory poor
respondents
respondents
42
Table no. 4.7 The first owner of the bike.
Particulars No.of respondents Percentage(%)
Yes 80 80
No 20 20
100 100
Analysis:
In the above table shows that 80% of customers are the first user of yamaha bike and the rest
of them are not.
Chart no. 4.7 The first owner of the bike.
Interpretation:
Most of the respondents are the first user compared to the second hand owners.
0
10
20
30
40
50
60
70
80
90
yes no
Series 1
Series 1
43
Table no. 4.8 Factors considering after the first service.
Opinion No. of respondents Percentage(%)
Very unsatisfied(VU) 7 7
Unsatisfied(U) 8 8
Neutral(N) 25 25
Satisfied(S) 27 27
Very satisfied(VS) 33 33
Total 100 100
Analysis:
From the above table that after the first service the 33% of respondents are the very satisfied
with service, 27% are the satisfied with the showroom service for the bikes
Chart no. 4.8 Factors considering after the first service.
Interpretation:
Most of the respondents are satisfied with the service provided by the showroom .
0
5
10
15
20
25
30
35
very unsatisfied unsatisfied neutral satisfied very satisfied
respondents
respondents
44
Table no. 4.9 Customer opinion after many service.
Opinion No.of respondents Particular
Excellent(E) 55 55
Good (G) 30 30
Fair (F) 10 10
Poor(P) 5 5
Total 100 100
Analysis:
from the above table out of 100 respondents that 55% are giving the excellent opinion about
the yamaha bike after the bike service, 30% are giving the good opinion,10% are the
satisfactory opinion, and the 5% are giving the poor about the Yamaha bikes after there bike
service.
45
Chart no. 4.9 Customer opinion after many service.
Interpretation:
Most of the customers are giving excellent for bike after many services.this shows that
company is providing consistence in quality services.
0
10
20
30
40
50
60
excellent good fair poor
RESPONDENTS
respondents
46
Table no.4.10 Buying influence of customer
Particulars No.of respondents Percentage(%)
Brand image 15 15
Durability 13 13
Fuel efficiency 10 10
Low maintainence 27 27
Pick up 35 35
Total 100 100
Analysis:
By the above table we can understand that the 35% of customer buy the Yamaha for the
purpose of pickup ,27% for the low maintenance charge, 15% for the brand image of the
Yamaha, 13% for the fuel efficiency better mileage of bike, and 13% for the purpose of
durability.
Chart no.4.10 Buying influence of customer
Interpretation:
Most of the respondents are purchasing Yamaha bikes for good pickup and low
maintainence.
0
5
10
15
20
25
30
35
40
brand image durability fuel efficiency low
maintainence
pick up
respondents
respondents
47
Table no.4.11 Price opinion of respondents on Yamaha bikes.
Opinion No. of respondents Percentage (%)
Highly unsatisfied(HU) 8 8
Unsatisfied(U) 13 13
Neutral(N) 20 20
Satisfied(S) 40 40
Highly satisfied(HS) 19 19
Total 100 100
Analysis:
From the above table we can understand that 8% of respondents are satisfied with price,13%
are unsatisfied,20% are neutral,40%are satisfied,19% are highly satisfied.
Chart no.4.11 Price opinion of respondents on Yamaha bikes.
Interpretation:
Most the respondents are satisfied with the price of the Yamaha bikes and some are
neutral,some highly satisfied.
highly satisfied
unsatisfied
neutral
satisfied
highly satisfied
0 5 10 15 20 25 30 35 40 45
respondents
respondents
48
Table no.4.12 Customer satisfaction about the technology of Yamaha.
Satisfaction No. of respondents Percentage(%)
No 25 25
Yes 75 75
Total 100 100
Analysis:
In the above table we can understand that 75% of the respondents are satisfied with the
technology of Yamaha,25% are not satisfied.
Chart no.4.12 Customer satisfaction about the technology of Yamaha.
Interpretation:
Most of respondents are satisfied with the technology used in the Yamaha showroom.
25%
75%
respondents
no yes
49
Table no. 4.13 Performance of the Yamaha bikes
Opinion No.of respondents Percentage(%)
Highly satisfied(HS) 53 53
Satisfied(S) 33 33
Unsatisfied(US) 8 8
Highly unsatisfied(HU) 6 6
Total 100 100
Analysis:
By the above table we can understand that 54% of respondents are highly satisfied with
performance,33% are satisfied,85 are not satisfied and 6% highly not satisfied.
Chart no. 4.13 Performance of the Yamaha bikes
Interpretation:
most of the respondents are highly satisfied with the performance of the Yamaha bikes.
0
10
20
30
40
50
60
highly satisfied satisfied unsatisfied highly satisfied
respondents
50
Table no.4.14 is yamaha bikes suitable for off road journey.
Opinion No. of respondents Percentage
Yes 70 70
No 30 30
Total 100 100
Analysis:
From the above table we can understand that 70% are saying yes they are satisfied with the
offroad travel in Yamaha bike and 30% are not satisfied.
Chart no.4.14 is yamaha bikes suitable for off road journey.
Interpretation:
Most the respondents are satisfied with the off road performance of the Yamaha bikes.
0%
50%
100%
yes
no
70
30
respondents
respondents
51
Table no. 4.15 Any problem in Yamaha bikes .
Particular No. of respondents Percentage
Yes 20 20
No 80 80
Total 100 100
Analysis:
By the above table we can understand that 80% of respondents are not facing any problem in
bike and 20% are facing with some problem in bike.
Chart no. 4.15 Any problem in Yamaha bikes .
Interpretation:
Most of the respondents are not facing any problem in the Yamaha bike.they are satisfied with
the bikes.
yes
no
RESPONDENTS
52
Table no.4.16 expectation from the service center.
Particular No. of respondents Percentage(%)
Reasonable Charges(RC) 15 15
Trust and Care (TC) 30 30
Professional Quality Service(PQ) 20 20
Immediate Delivery(ID) 28 28
Other specify 7 7
Total 100 100
Analysis:
In this we can see that 15% respondents are expecting reasonable charges,30% are expecting
trust and care,20% are expecting professional quality,28% are expecting immediate delivery.
Chart no.4.16 expectation from the service center.
Interpretation:
Most of the people are expecting trust and care and immediate delivery from service center in
showroom.
0
5
10
15
20
25
30
reasonable
charges
trust and care professional
quality service
immediate
delivery
other delivery
RESPONDENTS
53
Table NO.4.17 Convenient timing of service station.
Particular No. of respondents Percentage(%)
Very convenient(vc) 55 55
Convenient(c) 30 30
Inconvenient(ic) 10 10
Very Inconvenient(vi) 5 5
Total 100 100
Analysis:
In the above table we can understand that 55% respondents are very convenient in showroom
timings,30% are convenient, where as 10% are inconvenient and 5% are very inconvenient.
Chart NO.4.17 Convenient timing of service station.
Interpretation:
Most of the respondents are very convenient in the timings of the Yamaha shrowroom.
0 10 20 30 40 50 60
very convenient
canvenient
inconvenient
veryu inconvenient
respondents
54
Table no.4.18 About the service provider listens to the complaints.
Particular No. of respondents Percentage(%)
Yes 90 90
No 10 10
Total 100 100
Analysis:
In the above table we can understand that 90%of servicers will listen to the customers
complaints and 10% will not listen.
.
Chart no.4.18 About the service provider listens to the complaints.
Interpretation:
the servicer will patiently listen to the customers complaints at the time of the complaint.
respondents
yes no
55
Table no.4.19 greeting of customers by employees and staff
Opinion No.of respondents Percentage(%)
Highly satisfied(HS) 53 53
Satisfied(S) 33 33
Unsatisfied(US) 8 8
Highly unsatisfied(HU) 6 6
Total 100 100
Analysis:
By the above table we can understand that 53% respondents are highly satisfied in greeting of
them,33%are satisfied,8%are unsatisfied and 6% are highly unsatisfied.
Chart no.4.19 greeting of customers by employees and staff
Interpretation:
Most of the customers are highly satisfied with greeting of the customers by employees and
staff.
0
10
20
30
40
50
60
highly satisfied satisfied unsatisfied highly
unsatisfied
respondents
56
CHAPTER – 5
FINDINGS, SUGGESTIONS AND CONCLUSION
57
5.1 FINDINGS
The data is collected and tabulated in a graphical chart from the analysis and interference
• 44% of the 20-30age group respontdents are buying the Yamaha bike because that is the
very good bike for younsters.
• The people who are earning 10000-20000 are interested buying Yamaha bikes.
• According to the survey,the students are purchasing Yamaha bike more than others.
• The 30% of the customers are satisfied with the black colour bike, according to their need
and wants.
• The customers are satisfied with the overall quality and service of the bike.
• Our customers are willing to recommend our service and about the product for their friends
it will boost the morale of the organization.
• Majority of the respondents feels that Yamaha bike is excellent.
• The majority of the respondents prefers first hand bike.
• Advertisement plays a major role to spread the awareness of the new bike of the company.
• Aftyer the first service the majority responds will feel good after the first service.
• The customers got the trial ride .
• After many services the customers are fully satisfied with the performance of bike.
• The respondents are going to yamaha bikes because of its pickup
• The majority of the customers are satisfied with price charged by showroom
• 75% of the respondents are satisfied with the offroad journy.
• 80% of the respondents feels there is no problem in Yamaha bike.
• Yamaha services is reaching the expectations of the customers.
• 73% of the responds is satisfied with the greeting by employees and staff.
58
5.2 SUGGESTIONS:
This report affords a brief image of bangalore wheels the authorized dealer of the Yamaha
bikes through the report; attempts have been complete to assess the purpose for customers
satisfaction and of, bangalore wheels the authorized dealer of the Yamaha . Some suggestions
are as follows;
1. To register skilled labors, who can be an asset to meet customers expectation.
2. To issue free service coupons to the new customers
3. Retaining their customer by providing good service.
4. To ensure on time delivery of bike as promised.
5. The marketing expenses should be minimized.
6. The company must implement the competitive strategy.
7. Better to install the media for showing the Yamaha product information.
8. Introducing the new sales promotion techniques.
5.3 CONCLUSION
In study, I tried to find out the satisfaction of the goods and services rendered to the customer
by the BANGALORE WHEELS Yamaha bike authorized dealer. This study has given a pure
image of what customers feel about the goods and services provided by the bangalore wheels.
We can obviously say that the product satisfies them as well as facilities provided by the
organization. All the customers have a better relationship with the showroom and they are
regularly satisfied with the other features of the company as well.
From the following study, we can accomplish that bangalore wheels Yamaha bike dealer been
serving its customers exceptionally well has created a better image and trust between its
customers with the majority of them being fully satisfied with the showroom goods and
services.
59
Further, it has been detected that the showroom some to improve is a current level of
performance. The showroom can use more customer friendly method and train its sale
customers towards serving the people in the best possible manner. Customer Retention must
be stressed and strategies must be employed to ensure retention. the better relation must be
developed with the customers in command to avoid brand switching and safeguard repeated
sales.
BIBLIOGRAPHY
CSIKSZENTMIHALYI (2000). Price Premiums and Buyer Behavior. A journal of Evidence
of the Effect of Trust Building Technology in Electronic.6(7). p 235-243.
DAILEY & FMI (2000). The temporal context of product involvement. A journal of Journal
of Consumer Research.12(5). p 280-285.
D’ESSENC (2001). The theory of planned behavior. A journal of organizational behavior and
human decision processes.50(2). p 179-211.
DONTHU & GARCIA (1999). Retail distribution management. A journal of E-commerce and
consumer culture.63(9). p 485-487.
HARRISON & ALBERTSONS (2001). The theory of planned behavior. A journal of research
methods for business students.41(5). p 201-210.
HENG PATRICK & LOW KIM (2006). The Reasoned Action Approach. A journal of The
ANNALS of The American Academy of Political and Social Science.34(7). p 11-27.
HOFFMAN & NOVAK (1996). A consumer Routines and habits. International Journal of
Academic Research in Business and Social Sciences.23(2). p 1238-1240.
HSIAO H L (2010). Online grocery retailing. A journal of retail and distribution
management.8(5). p 335-352.
KIM & KARPOVA (2010). Marketing and logistics. A journal of Customer Value
Perspective.43(3). p 137-147.
LOREK (2001). Shopping on the Internet. A journal of Nature and Operation of
Attitudes.13(3). p 27-54.
MCGRAW HILL (1999). Relationship Marketing: the strategy continuum. Journal of the
Academy of Marketing Science.67(5). p 252-254.
MOHAMMAD AMIN (2009). Measuring the Involvement Construct. Journal of Consumer
Research.8(3). p 341-352.
MOWEN & MINOR (1998). A Study of Internet Banking Services Adoption in the United
Kingdom. A Journal of Internet Banking and Commerce.15(11). p 176-187.
MONROE & DODDS, (1988). Customer Satisfaction and Loyalty: A PLS Path Modelling
Approach. Journal of Marketing Theory and Practice.24(7). p 221-234.
QUELCH & KLEIN (1996). Involvement in a routine shopping context. British Journal.47(2).
p 21 –29.
RAMAN SWATI & RADHIKA NEELA (2005). Perceived Behavioral Control and Locus of
Control and the Theory. International Journal of Entrepreneurship Behaviour and
Research.32(1). p 28-50.
ROY SUBHADIP (2005). Why Do People Shop? A Journal of Marketing.7(8). p 46-55.
THATHOO RAHUL & KACHERIA RAHIL (2007). Theory of attitude measurement. A
Journal of the Academy of Marketing Science.19(2). p 252-254.
www.yamahamotors.com
www.yamaha.com
www.yamahasports.com
ANNEXURE
Questionnaires:
Dear sir/madam,
I am PUNITH S, a student in MBA of ACHARYA INSTITUTE OF TECHNOLOGY
BANGALORE. I am required to submit a project in partial fulfillment of the MBA. The
information given by you will be kept confidential.
Respondent’s Name: ……………………………………
.
1. Sex : Male Female
2. Age : 18-20 20-35
35-50 50 above
3. Monthly Income : Rs7500 - 10000 Rs10000 – 20000
Rs20000 - 30000 Rs30000 above
4. Occupation: Student Business
Professional Employed
Other specify: ……………………
5. colour Preference for Yamaha bike
Red Black Silver
Blue Ash
6. How did you come to know about Yamaha bikes
Friend’s Advertisement
Media Others
7. Opion about Yamaha bikes
Excellent Good Satisfactory Poor
Pick up
Riding
Comfort
Road grip
Technology
Maintenance
cost
Overall
performance
8. Are you the first owner of the bike.
o 1) yes
o 2) No _______________specify
9. Rate the following factors you considered after first service
o 1) Very unsatisfied
o 2) Unsatisfied
o 3) Neutral
o 4) Satisfied
o 5) Very satisfied
1 2 3 4 5
a) Charges
b) Reputation
c) Professional service
d) Availability of spare parts
e) Trust and customer care
f) Quality of service
10. Rate the staff on the following factors after service
11. What made you buy a Yamaha bikes
Brand image Durability
Fuel efficiency Low maintenance
Pick up
12. Your price opinion about Yamaha bike
Highly satisfied
satisfied
neutral
dissatisfied
highly dissatisfaction
13. Are you satisfied with the Technology of Yamaha
1) Yes
2) No
14. Are you satisfied with the performance of Yamaha
1) Very satisfied 2) Satisfied
3) Somewhat satisfied 4) Dissatisfied
15. Is your Yamaha bike good on the off roads
1) Yes
2) No
Excellent Good Fair Poor
16. Do you find any problem in Yamaha bike
1) Yes
2) No
17. Your expectation from Yamaha Service Centers
1) Reasonable Charges 2) Trust and Care
3) Professional Quality Service 4) Immediate Delivery
5) Other specify ……………………………………
18. How convenient is the timing of the service station
1) Very convenient 2) Convenient
3) Inconvenient 4) Very Inconvenient
19. Was the service advisor ready to listen to your complaints
1) Yes
2) No
20. rate the level of customer satisfaction towards greeting by employees and staff
1) Highly satisfaction
2) Satisfaction
3) Un-satisfaction
4) Highly unsatisfied
21. Any suggestion to the improvement of Yamaha bikes
…………………………………………………………………………………………
……………………………………………………………………………………………
Thank you for the time you have spared for the interview. Your suggestions will enable service
providers to improve and enhance their services to suit their customer’s requirements.
Date: ……………
Place: …………… ……………………….
(Signature)
Survey conducted by,
PUNITH S
~+
..
ACHARYA
1::-..l'iTrt L 1 L S
ACHARYA INSTITUTE OF TECHNOLOGY
DEPARTMENT OF MBA
INTERNSHIP WEEKLY REPORT (16MBAPR407)
Name ofthe Student: Punith S
Internal Guide: Prof. Arundhi K L
USNNo: 1AY16MBA52
Specialization: Finance and Market
Title ofthe Project: A Study On Customer Satisfaction Towards Yamaha Bike
Company Name: Bangalore wheels
External
Week Work undertaken Guide
Signature
15-01-18 to Orientation with the company. Collection of
.~~
20-01-18 secondary data relating to industry and
5
organization.
"
~
22-01-18 to Orientation with functional department ofthe
sJJ
27-01-18 organization and detailed study of department.
29-01-18 to Finalization of problem area ofthe study and
sJJ
03-02-18 finalization of research objectives and
methodology.
05-02-18 to Finalization ofdata collection questionnaire
WUJ
10-02-18 instruments and fonnats. Etc...
12-02-18 to Collection ofprimary data from the restaurants by
0
17-02-18 administrating the questionnaire.
Internal
Guide
Signature
~
2
yr
3~
4
~r/
5
Ji}?
19-02-18 to
24-02-18
26-02-18 to
03-03-18
05-03-18 to
10-03-18
12-03-18 to
17-03-18
19-03-18 to
24-03-18
.
Discussion with the external guide and internal
guide. Formation of hypothesis. Classification and
~» 6b
analysis ofcollected data.
Compilation of research data and interpretation of
~~
?Jv
data.
I
Data analysis and Finalization Of report.
.C~
sJv
Finalization ofproject report and approval ofdraft
~J
9~
by company and college guide.
Report submission to the
Institution.
r~~
I~
HOD ~
+ju -
Head of the Depan..n.. ~;
Deoartm€nt of MBA
c;1arya.lnstituta of Technolo~r;
oldevanahll1, Batlgalor~560. 10'

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A Study on Customer Satisfaction Towards Yamaha.pdf

  • 1. ,.., ,.-fORIZED DEALERS FOR YAMAHA INDIA MOTORS PVT LTD Date: 26.03.2018 TO WHOM SO EVER IT MAY CONCERN Project certificate This is to certify that Mr. Punith S, USN:1AY16MBAS2,a student of Acharya Institute of Technology has successfully completed his 10 weeks internship from 15/01/2018 to 24/03/2018 in Bangalore Whees As the details were provided from the organisation for the establishment of the project titled "A Study On Customer Satisfaction Towards Yamaha Bikes" with the respect to partial fullfillment of requirements of MBA of VTU during the period of internship program with us, he was found punctual and inquisitive. # 1016/1, mani complex, 1st Main, Dr.Rajkumar Road, 4th Block, Rajajinagar, Bangalore-560010 Phone:+91 8073730542, Fax: +91 8023119598 AA
  • 2. .. . ACHARYA INSTITUTE OF TECHNOLOGY (AffiliatedtoVisvesvarayaTechnological University, Belagavi, Approved byAICTE, NewDelhi and Accredited byNBA and NAAC) Date: 25/05/2018 CERTIFICATE This is to certify that Mr. Punith S bearing USN 1AY16MBA52 is a bonafide student of Master of Business Administration course of the Institute 2016-18 batch, affiliated to Visvesvaraya Technological University, Belagavi. Project report on "A Study on Customer Satisfaction Towards Yamaha Bikes" at Bangalore Wheels, Bangalore is prepared by him under the guidance of Prof. Arundathi K L in partial fulfillment of the requirements for the award of the degree of Master of Business Administration, Visvesvaraya Technological University, Belagavi, Kamataka. Signature ofInternal Guide Sigp.atqre ofHOD f M8CI of the Depertmen rJepartnl'et t f f A Acharya ln~tituts uf Tocllnology Sotdevanahi11, S.galore--5&0 10i ~~~,r k Signature ofPrincipal PRiNCIPAL ACHARYAINSTiTtiTf CF TEvni~OLOGY Solcf:vanahc;!1J 8, i''" '·l··~~-560 107 Acharya Dr. Sarvepalli Radhakrishnan Road. Soladevanahalli. Acharya PO.. Bangalore 560 107. Karnataka.lndia • www.acharya ac.in/ait/ • Ph:+91-80-225 555 55 Extn.: 2102 • Fax +91-80-237 002 42 • E-mail: principalait@acharya.ac.in
  • 3. DECLARATIO~ I, PUNITH S bearing USN IAY 16MBA52 hereby declared that the project report entitled " Consumer Satisfaction towards yamha bikes" with reference to " Bangalore wheels" prepared by me under the guidance of Prof. Arundathi,K L faculty of MBA Department, AIT and external assistance by mr.Surendranath .General Manager-Bangalore wheels. I also declare that this project work is toward the partial fulfillment of the university Regulations for the degree of Master of Business Administration by Visvesvaraya Technological University, Belgaum. I have undergone a summer project for the period of ten weeks. I further declare that this project is based on the original study undertaken by me and has not been submitted for the award of any degree/diploma from any other University I Institution. Place: Bengaluru ~ Signaf.He of the Student Date: ~ ~ l0 S IL ~
  • 4. ACKNOWLEDGEMENT Success in any activity is achieved not by an individual’s own effort, but with the support of many known and unknown. I, the undersigned, IV semester student of MBA, Acharya Institute of technology, Bangalore is glad to express my deep sense of gratitude to all the persons connected with the successful completion of this project work. This report is obviously not the result of my work alone, many persons have directly and indirectly involved, without whom this work would not have been accomplished. I am thankful to Dr. S C PILLI , Principal, Department of MBA, Acharya Institute of Technology, Bangalore for immense help for the preparation and improvement of this work. I am thankful to Dr. G Nijaguna, HOD, Department of MBA, Acharya Institute of Technology, Bangalore for immense help for the preparation and improvement of this work. My sincere thanks to all the management staff and employees of Bangalore Wheels, Bangalore for giving the necessary information relevant to this study. I am grateful to Mr. surendranath, general manager,under whose guidelines this study was done. I express my deep sense of gratitude to Prof. Arundathi K L, Faculty Member, Department of MBA, Acharya Institute of technology, Bangalore for her guidance and continuous untiring support during the course of this project work. Finally, I acknowledge with thanks to the co-operation and support extended to us by the respondents who helped in successful completion of this project work. PUNITH S (1AY16MBA52)
  • 5. TABLE OF CONTENTS CHAPTER NO. CHAPTERS PAGE NO. EXECUTIVE SUMMARY 1 1 INTRODUCTION 1.1 introduction 3 1.2 Industry Profile 3-4 1.3 Company profile 4-5 1.4 Vision, Mission , Goals and Quality policy 5 1.5 Product and Service Profile 6-15 1.6 Area of Operations 16 1.7 Insfrastructure facilities 16 1.8 Company competitors 17 1.9 Swot Analysis 17-18 2.0 Future growth and prospects 18 2.1 Financial statements 19-20 2 THEORETICAL BACKGROUND AND LITERATURE REVIEW 2.1 Theoretical background 22 2.2 Review of Literature 22-26 3 RESEARCH DESIGN 3.1 Statement of Problem 28 3.2 Need for the study 28 3.3 Objective of the study 28 3.4 Scope of the study 29 3.5 Research Methodology 29-30
  • 6. 3.6 Limitations of the study 30 4 DATA ANALYSIS AND INTERPRETATION 32-55 5 SUMMARY OF FINDINGS, SUGGESTIONS AND CONCLUSION 5.1 Findings 57 5.2 Suggestions 58 5.3 Conclusion 58-59 BIBLIOGRAPHY ANNEXURE LIST OF TABLES TABLE NO. TITLES PAGE NO. 4.1 Table showing Age group of the respondents. 32 4.2 Table showing Monthly income. 34 4.3 Table showing Occupation 36 4.4 Table showing the color of Yamaha bike. 38 4.5 Table showing Customer knowing about Yamaha bikes 40 4.6 Table showing Customer opinion about Yamaha . 41 4.7 Table showing the first owner of the bike 42 4.8 Table showing the Factors considering after the first service. 43 4.9 Table showing the Customer opinion after many service. 44
  • 7. 4.10 Table showing Buying influence of customer. 46 4.11 Table showing Price opinion of respondents on Yamaha bikes 47 4.12 Table showing Customer satisfaction about the technology of Yamaha. 48 4.13 Table showing Performance of the Yamaha bikes 49 4.14 Table showing is yamaha bikes suitable for off road journey 50 4.15 Table showing Any problem in Yamaha bikes . 51 4.16 Table showing expectation from the service center 52 4.17 Table showing Convenient timing of service station 53 4.18 Table showing About the service provider listens to the complaints. 54 4.19 Table showing greeting of customers by employees and staff 55 Balance sheet 19-20
  • 8. LIST OF GRAPHS GRAPH. TITLES PAGE NO. 4.1 Graph showing Age group of the respondents. 33 4.2 Graph showing Monthly income. 35 4.3 Graph showing Occupation 37 4.4 Graph showing the color of Yamaha bike. 39 4.5 Graph showing Customer knowing about Yamaha bikes 40 4.6 Graph showing Customer opinion about Yamaha . 41 4.7 Graph showing the first owner of the bike 42 4.8 Graph showing the Factors considering after the first service. 43 4.9 Graph showing the Customer opinion after many service. 45 4.10 Graph showing Buying influence of customer. 46 4.11 Graph showing Price opinion of respondents on Yamaha bikes 47 4.12 Graph showing Customer satisfaction about the technology of Yamaha. 48 4.13 Graph showing Performance of the Yamaha bikes 49 4.14 Graph showing is yamaha bikes suitable for off road journey 50 4.15 Graph showing Any problem in Yamaha bikes . 51 4.16 Graph showing expectation from the service center 52 4.17 Graph showing Convenient timing of service station 53 4.18 Graph showing About the service provider listens to the complaints. 54 4.19 Graph showing greeting of customers by employees and staff 55
  • 9. LIST OF FIGURES 1.1 YAMAHA FASCINO 6 1.2 YAMAHA FZ25 7 1.3 YAMAHA YZF R14 7 1.4 YAMAHA RFZ R15F 8 1.5 YAMAHA RAY Z 9 1.6 YAMAHA FZ FI 10 1.7 YAMAHA FAZER FI 10 1.8 YAMAHA FZ 11 1.9 YAMAHA YZF R3 12 1.10 YAMAHA SZ-RR 13 1.11 YAMAHA ALPHA 13 1.12 YAMAHA FZI 14 1.13 YAMAHA FZS 15
  • 10. 1 EXECUTIVE SUMMARY Project report on “A study on customer satisfaction towards Yamaha”. Before internship there are many questions in mind and internship helped to clear all those questions and doubts. To know the satisfaction level of customers towards Yamaha bikes, to learning the level of customer satisfaction, to understand the various factors which give customer satisfaction after the buying of bikes, to assess the reasonable period taken to delivery service at Bangalore wheels. to understand about Yamaha bikes with regard to the specific customer opinion, To assess the satisfaction of the customer towards Bangalore wheels. The marvelous evolution of Indian economy helped the development of two wheeler market. As of now more and more and more organizations came to the Indian market with progressive technology. They gave equal important to safety, design, performance and durability. Yamaha is able to compete with them in all these fields and it has a good and reliable brand image in the mind of the customer.
  • 12. 3 1.1 INTRODUCTION My internship project report is on the topic ‘A study on customer satisfaction towards Yamaha bike’. I have completed my internship in Bangalore wheels. (Yamaha bike showroom). previous to my internship in Bangalore wheels, there having many questions were in my mind regarding the how the showroom manages the customer, and also the questions about the Yamaha bikes are satisfying the customer. The internship provides a realistic advantage to the college student. To gain the knowledge and experience towards the chosen matter. Internship presents how theoretical knowledge which observes on the working field. 1.2 INDUSTRY PROFILE: The world's automakers face a rate of alteration unlike that the any other time in the industry's past. Digitalization, connectivity, increasing powertrain technologies, tougher regulations, and shifts in the buyer attitudes have shaped a unprecedented challenges as well as opportunities. In pursuit of the sales development, international automakers have invested deeply in the emerging markets, but slower demand, especially in the China, has highlighted the risks of the investments. Exactly assessing economic conditions in specific markets has become more significant than ever for automakers. Annual global sales of the light vehicles, which include the passenger cars and lights trucks, total about 80million, According to the data compiled by Scotiabank. Industry watchers expect global light vehicle sales to increase slightly more than the 3% in 2018. Demand in China will lead to global growth but is slowing amid a cooling economy. Strong economic growth and rising average vehicle age in the North America and in Europe are expected to help drive moderate sales growth. Leading countries for car manufacturing include China, Germany, Japan, South Korea, and the US. Unit sales are highest in China, North America, and Western Europe.
  • 13. 4 History of the automobiles: History of the automobile industry first origin in the year 1769 it was the formation of steam engine. In the year 1806 the very first case powered by an inside combustion engine running on gas fuel arrived in 1885 introduction of ubiquitous modern gasoline or petrol filled internal combustion engine, In the 20th century first introduced the power electric cars. History of the bikes era begins in the 2nd semi of the 19th centuries. Bikes are the most sink from the "safety cycles" the bicycle with the rear and front wheels of the same size and the pedal head of the mechanism to ride the rear wheel. Despite some previous benchmarks in its Evolution, the motorcycle is the very less rigid birth that can be found back to a single machine or idea.. Instead of the idea seems to have occurred to high engineers and inventors in Europe at around the same period. 1.3 Company profile:- Yamaha motor Pvt Ltd as made up in India in the year 1985 as the joint venture in the year 2001, in august Yamaha motor company limited has became a 100(%) percent subsidiary in 2008 Mitsui and company has made an contract with Yamaha company to turn out to be a joint investor in India. Yamaha motor company is extremely customer-driven and has a universal network of over 2300 customer touch point and it was with the 500 dealers. Type - public company. Industry - Automobiles industry. Predecessor - YAMAHA MOTOR PVT LTD. Headquarters(HQ) - Iwata and Japan Key persons - Hiroyuki Yanagi
  • 14. 5 Product - Automobiles Returns - 410.4 Billon JPY Net income - 22.9 Billion JPY 1.4 MISSION, VISION, AND GOALS VISION MISION AND VALUES OF THE COMPANY VISION: To be a leader in the market. MISION: To attain better level of service to buyers. VALUES: To buyer forced behavior carrying for the buyer integrity.
  • 15. 6 1.5 PRODUCT AND SERVICE PROFILE Figure 1.1 Yamaha fascino: Specifications: • 66-KM per ltr. • Category: moped. • 113 CC MOTORCYCLE. • Top speed is 80 KMPH. • Petrol engine. • Transmission: automatic. • Engine kind: Air-cooled, four-stroke, two-valve. • Best range. • Front and rear break type dump.
  • 16. 7 Figure1.2Yamaha Fz25: Specifications: • 43-KM per ltr. • 249 CC bike. • Power: 20.9 per sec. • 8000 revolution per minute. • Engine kind: Air-cooled, four-stroke, two-valve, Single cylinder • Brake: front and rear disk. • Best range. • Analog meter. Figure1.3Yamaha YZF R14:
  • 17. 8 Specifications: • 40-KM per ltr. • Kind: bike • 149 CC bike. • Top speed is 131 KMPH • Power 16.8 per sec. • 8500 revolution for each minute. • Engine kind: Air-cooled, four-stroke, four-valve, Liquid-Cooled Single Cylinder • Brakes :front and rear disk. • Best in mileage. • Analog meter. Figure1.4 Yamaha RFZ R15F: Specifications: • 45-KM per ltr. • Kind: motorcycle • 149 CC bike. • Top speed is 130KMPH • Power :16.8 per sec.
  • 18. 9 • 8500 revolution per minute. • Engine kind: liquid-cooled, four-stroke, four-valve. • Brakes :front and rear disc. • Best mileage. • analog meter Figure1.5 Yamaha RAY Z: Specifications: • 66-KM per ltr. • Kind: moped • 113 CC bikes. • Top speed :86KMPH • Power: 7.1per sec. • 7500 revolution per minute. • Engine kind: air-cooled, four-stroke, liquid-valve cylinder. • Brakes: front and rear drum • Best mileage. • Analog meter
  • 19. 10 Figure1.6 Yamaha FZ FI: Specifications: • 45-KM per ltr. • Kind: motorcycle. • 149 CC. • High speed is 112KMPH. • Power :13.8 per sec. • 8000 revolution per minute. • Engine kind: Air-cooled, four-stroke, two-valve. • Brakes :front disc and rear drum. • Best mileage. • analog meter Figure1.7 Yamaha Fazer FI:
  • 20. 11 Specifications: • 42-KM per ltr. • kind:motorcycle. • 149 CC bike. • High speed is 121KMPH • Power 14.8 per sec. • 8500 revolution per minute. • Engine kind:Air-cooled, four-stroke, two-valve. • Brake:front disc and rear drum. • Best mileage. • Analog meter. Figure1.8 Yamaha : Specifications: • 51 KM per ltr. • Kind: motorcycle. • 149 CC bikes. • high speed is 107KMPH. • Power 13.1 per sec. • 8500 revolution per minute.
  • 21. 12 • Engine kind: Air-cooled single cylinder, four-stroke, two-valve. • Brakes:front disc and rear drum. • Best range. • Analog meter. Figure1.9 Yamaha YZF R3: Specification • 24 KM per ltr. • Kind :motorcycle. • 321 CC bike. • High speed is 188KMPH. • Power 41.4 BHP. • 17500 revolution per minute. • Engine kind :two cylinders, liquid cooled, four-stroke, four-valve. • Brakes: front disc and rear disc. • Analog meter.
  • 22. 13 Figure1.10Yamaha SZ-RR: Specifications: • 50 KM per ltr. • Kind: motorcycle. • 149 CC bikes. • High speed is105KMPH. • Power 12.1 per sec. • 7500 revolution per minute. • Engine kind: Air-cooled, four-stroke, two-valve. • Brakes: front disc and rear drum. • Best range. • Analog meter. Figure1.11 Yamaha Alpha:
  • 23. 14 Specifications: • 66KM per ltr. • Kind :moped. • 113 CC bikes. • High speed is 85KMPH • Power 7.1per sec. • 7500 revolution per minute. • Engine kind: air-cooled, four-stroke, two-valve cylinder. • Brakes:front and rear drum. • Best range. • Analog meter Figure1.12 Yamaha FZI: Specifications: • 21 KM per ltr. • Kind: motorcycle. • 998 CC bikes. • High speed is 255KMPH. • Power 148 BHP.
  • 24. 15 • 11000 revolution per minute. • Engine kind: liquid-cooled double cylinder, four-stroke, five-valve. • Brakes :front disc and rear disc. • Digital meter. Figure1.13 Yamaha Fz: Specifications: • 50 KM per ltr. • Kind: motorcycle • 153 CC bikes. • High speed is 117KMPH • Power 14 per sec. • 7500 revolution per minute. • Engine kind:Air-cooled, single cylinder, four-stroke. • Brakes: front disc and rear drum. • Best range. • Analog meter.
  • 25. 16 1.6 AREAS OF OPERATION Company has been functioned in the different nations they are: 1. PAKISTAN. 2. INDONESIA. 3. THAILAND. 4. MALASIA. 5. PHILIPPINE. 6. TAIWAN. 7. COMBBODIA. 8. CHINA. 9. AUSTRALIA. 10. NEWZELAND. 11. SINGAPOOR. 1.7 INSFRASTRUCTURE FACILITIES BANGALORE WHEELS has a modern showroom to the sell Yamaha bikes and equipped workshop to provide service. Bangalore wheels is authorized dealership with the Yamaha motor private limited. Today Bangalore wheels has expanded with showrooms. • Modern fast class audio visual in the waiting room • Good large discussion room. • Test drives are provided. • Display board are provided
  • 26. 17 1.8 COMPANY COMPITATORS • HERO. • Honda. • Bajaj. • TVS . • Royal Enfield. 1.9 SWOT ANALYSIS STRENGTH, WEAKNESS,OPPORTUNITIES AND THREATS. Strengths: ✓ Yamaha and their quality and customized product. ✓ Yamaha firm has 40k workers. ✓ High level of marketing. ✓ Promoting circulation of the Yamaha bikes through international. ✓ It was one of the significant brand moto GP and world superbike. ✓ Yamaha is producing 50 to 1900 cc bikes. ✓ It has reached the organization by a great degree. ✓ Innovative offer and scheme are provided. Weakness: ✓ Yamaha R1 are entirely costly ✓ Street safety is less. ✓ Extra parts of the Yamaha motorcycles are costly.
  • 27. 18 Opportunities: ✓ Promoting eco-friendly bikes designed to less pollution ✓ A segment of two wheeler is a fast rising industry. ✓ Motorcycle export is limited that is the international market is untapped. Threats: ✓ Hard race in India as well as international products. ✓ Government policies & rules. ✓ Public transport by govt. is straight affective. 1.10 FUTURE GROWTH AND PROSPECTS The Bangalore wheels are dedicated toko management to provide employees with a friendly, creative and challenging work environment. They have moved from grades and incentives to other steps. The Bangalore Wheel aims to provide a higher level of customer satisfaction and good service to customers
  • 28. 19 1..11 FINANCIAL STATEMENT Period Ending 12/31/2017 12/31/2016 12/31/2015 Current Assets Cash And Cash Equivalents 156,634,000 135,525,000 107,617,000 Short Term Investments - - - Net Receivables 313,851,000 292,132,000 279,415,000 Inventory 307,628,000 294,289,000 310,768,000 Other Current Assets 76,905,000 72,997,000 103,607,000 Total Current Assets 855,018,000 794,943,000 801,407,000 Long Term Investments 188,620,000 150,915,000 105,027,000 Property Plant and Equipment 347,997,000 350,668,000 341,075,000 Goodwill - - - Intangible Assets 11,173,000 8,658,000 7,518,000 Accumulated Amortization - - - Other Assets 13,037,000 13,592,000 50,209,000 Deferred Long Term Asset Charges 13,035,000 12,516,000 12,362,000 Total Assets 1,415,845,000 1,318,776,000 1,305,236,000 Current Liabilities Accounts Payable 154,689,000 143,789,000 145,087,000 Short/Current Long Term Debt 353,490,000 364,381,000 410,147,000 Other Current Liabilities 142,578,000 135,440,000 124,139,000 Total Current Liabilities 502,153,000 474,621,000 540,620,000 Long Term Debt 162,569,000 181,960,000 150,295,000 Other Liabilities 85,891,000 86,790,000 82,621,000 Deferred Long Term Liability Charges - - - Minority Interest 42,430,000 41,238,000 40,910,000 Negative Goodwill - - -
  • 29. 20 Total Liabilities 750,613,000 743,371,000 773,536,000 Stockholders' Equity Misc. Stocks Options Warrants - - - Redeemable Preferred Stock - - - Preferred Stock - - - Common Stock 85,797,000 85,797,000 85,782,000 Retained Earnings 513,182,000 434,361,000 390,559,000 Treasury Stock -50,839,000 -60,703,000 -60,249,000 Capital Surplus 74,662,000 74,712,000 74,698,000 Other Stockholder Equity -50,117,000 -59,989,000 -59,540,000 Total Stockholder Equity 622,802,000 534,167,000 490,790,000 Net Tangible Assets 611,629,000 525,509,000 483,272,000
  • 30. 21 CHAPTER – 2 CONCEPTUAL BACKGROUND AND LITERATURE REVIEW
  • 31. 22 2.1THEORECTICAL BACKGROUND OF THE STUDY It is the study to attract the customers towards the Yamaha showroom by satisfying the expectations of the customers and also understanding the demand and thinking,etc. main aim is how to satisfy and to make feel better at showroom and also helps to use all the data for future perspective to improve satisfaction level. Customer satisfaction is the key to business to earn the profit and to obtain the market leadership. The term indicates it is group of client that are inquisitive about the resource According to the Philip Kotler, “A market contains of all the possible customer of distribution a particular need or a want who is willing and able to engage in exchange, to satisfy the need or want”. According to courno, “The Economists is recognized by the term market, not by any specific market place in which things are bought and vended, but the full of any region in which purchaser and vendor are in such a free intercourse with one other that the prices of the same goods tend to be at equity and quickly”. According to Pyle, “The Market contains both the place and area in which venders are in the free competition with one another” So, the extent of the market depends upon worth of person WHO has the unjoyful wants , is doubtless skilled of playacting the exchange. 2.2 REVIEW OF LITERATURE Ajzen & Hassn (1991). In this study this function is one of the most familiar of Sidgwick, the practical is really based on the moral theory of utilitarianism, in this study of customer satisfaction the consumers behavior is entirely based on usefulness function when the choice rotates around the amount discomfort or pleasure in carries.
  • 32. 23 Bhatnagar (2000). In the findings of the author has inspected that the consumers satisfaction many time influenced by the availability of consumer goods and services,the delivery of quality buyers goods and service has established a major concern of all trades. Consumer satisfaction is typically known as a post-consumption finding judgment concerning an exact goods or service. Bousch & Homer (1988). In this findings Author designed about the trustworthy buyers satisfaction. True customers are those who buys same brand goods in their shopping everytime. They never bothered about the value because they knew about quality will be maintained according to the price of the product. A faithful customer is more important than 10 new customers to the company. Csikszentmihalyi (2000). In this findings of the author inspected that there are a connection between brand structure and the consumer satisfaction about the product. It is agreed because if the grade of consumer increase, the brand price increase and the degree of consumer satisfaction reduce then usually brand value will reduce. It is related to each other. Dailey & Fmi (2000). In the findings, author has inspected that evaluation reduced that the consumption experience was at smallest as better as it was supposed to be in the customer's attitude towards the product. D’essenc (2001). In this study, the author has studied about the position of the consumer attitude, Which is very significant in gaining the customers, and this procedure is also known as the customer relationship management.
  • 33. 24 Donthu & Garcia (1999). In this study ,the author has well-defined that the influencing the buying process of the customers, for eg, friends, relatives, media, and ads. These kinds of factors impact the customer to buy the products. These are the solid forces which make potential buyer. Harrison & Albertsons (2001). In this study , we can sign the worth of consumer’s response to the assessment of the perceived discrepancy between past expectations and the definite performance of the goods and services as perceived after its consumption. Heng patrick & Low kim (2006). In this study,the author has analyzed that buyers satisfaction is influenced by the obtainability of consumer goods and services, The provision of excellence of buyers service has developed a main. the worry of all businesses. Consumer satisfaction is naturally defined as a post- consumption evaluative ruling concerning a exact goods or service. Hoffman & Novak (1996). In this study, the author has examined the grade of consumer prospects toward a exact brand. Hence the consumer prospects differ from one brand to another. So, we have to sort out our customer expectations. Hsiao H L (2010). In this study, The author has examined the post-acquisition attitude of client.in the time of purchase buyers boldness is positive but after the purchase, the attitude may turn into an negative and then it primes to dissatisfaction. Kim & Karpova (2010). In this study, the author had explained the publicity skills to the sellers to gain the new customers to improve the sales volume. If the volume of the sales increases than mechanically profit will also increase.
  • 34. 25 Lorek (2001). In this study ,the author has provided a meaning for ‘consumer’ upon two approaches: With the location to trustworthiness, “A consumer is the being who measures the quality of the products and services” and on the process-oriented approach, “the customer is the existence or group that obtains the effort output”. Mcgraw Hill (1999). In this study, the author has examined the buying behavior of buyer which helps to make selling plans from the seller or from the company and he defines gratification as, “The buyer’s cognitive state of being sufficiently or inadequately rewarded for the expenses undergone” Mohammad Amin (2009). In this study,the author has examined the psychological factors convincing in fulfillment of the product and services. The summary psychological state results in when the reaction surrounding disconfirmed prospects is coupled with. consumers’ prior feelings about the investing experience. Mowen & Minor (1998). In this study authors have examined the association between the product selections and the new product development course. Authors have also examined the major key subjects in the course of new creation presentation process. Monroe & Dodds, (1988). In the study the authors have examined the success issues of the product launch and tactics. outlines and marketing are to be done while making product launch to the market. Authors also studied about the product putting, targeting for the success and innovativeness of the product presentation.
  • 35. 26 Quelch & Klein (1996). In the study,the authors have studied about the unsafe factors which are complex in the new product introduction with reference to the IBM AS/400 products. Authors also deliberate about the pre-launch and post-lunch policies for the goods do well in the market. Raman Swati & Radhika Neela (2005). In this study,the author has inspected about the product launch of the medicinal product to the market. Strategic grounding for the launch and work in a loan for the launch of the formation are important for the new product presentation course. Author has also inspected the insight change about the goods in market and potentials of changing the perception to the product. Roy Subhadip (2005). Has provided an exhaustive segment wise commentary on the subject. He has also dealt with the role of nationwide and international consumer organizations in consumer protection. Thathoo Rahul & Kacheria Rahil (2007). In this study the author has Studied argued that now a days businesses hope to reach profitability more quickly, and faster way to reach universal brand awareness is through online channels. Torkzadeh & Dillion (2010). The book exposes the main subjects in customer law and summarizes the standards governing and they have also reflected the rules of governing customer contacts and policies minimizing these rules.
  • 37. 28 3.1 STATEMENT OF THE PROBLEM. A Study on “CUSTOMER SATISFACTION TOWARDS YAMAHA BIKES” The topic is designed to improve customer satisfaction towards product and services at Banglore Wheels. The research is also directed towards finding various factors causing satisfaction and dissatisfaction towards the various services rendered by BANGALORE WHEELS OF YAMAHA BIKES. How can company could improve its marketing strategies to improve the customer satisfaction level. 3.2 NEED FOR THE STUDY. The main need to study about company is to know the company is satisfying the customer needs and whether customer are satisfying with the service or not. This research study will improve the customer service of the company. • It helps to determine the post-purchase feedback of buyer to improve the delivery and service of the product. • It is a process of studying buyer satisfaction. It helps to figure long-term connection with customer 3.3 OBJECTIVES OF THE STUDY • To understand the satisfaction level of buyer towards Yamaha bike. • To know the level of the buyer satisfaction. • To know about diverse brands of the similar bikes sold in the area. • To study the marketing strategy. • To know about Yamaha motorcycles with regards in the specified customer view.
  • 38. 29 3.4 SCOPE OF THE STUDY: This study is directing towards providing Yamaha Motors with an insight into the success of as well as the buyers response and consciousness towards the brand, products, and services of the Yamaha. The information will be analyzed and presented in a simple and in a exact way on the basis of which pertinent recommendations have been made to the firm to improve the services, policies, and strategies of the company. • From the study, we can recognize the market of the other competitors and consequently formulate a strategy to enhance the market . • The study is exclusively conducted to collect the information about our customer satifaction towards Yamaha. • The study is concerned only with Yamaha buyers. 3.5 RESEARCH METHODOLOGY: Descriptive research: This study is answering numerous question start with what, who, where, how and when this research is very hard as well as it estimate eminent degree of high qualified skills understand and answer the problem. In this study,I have used descriptive research design to the conduct a survey on customer satisfaction towards the Yamaha bikes at bangalore wheels. Sampling plan:- ➢ Sample size It is considered as a part of the population from Bangalore city at Bangalore wheels (Yamaha bikes showroom) and the sampling size is 100. It is a study of the attitude and the characteristics of people of a sample, rather than all the size of the population. Thus the sample preparation is the most important factor of the project.
  • 39. 30 ➢ Sampling techniques: The sampling techniques are the convenience sampling technique those are obtained by selecting population unit for the study. This study refers to the people being examine those are selected neither by probability nor by finding. Tools used for sampling: Graphical percentage analysis. Data collection method: The data will be collected by 2 mrthods ,primary and secondary data. Primary data: The primary data are collected from Yamaha bikes users who has purchased their vehicles from the banglore whells and it is also collected by the help of the questionnaires.The respondents are only just 100 members, interview by the personal method to help the more effective study on the customer satisfaction towards Yamaha bikes. The questions are in the form of both open ended and close ended. Secondary data: The secondary information will be collected by the help of yamaha showroom brochure, journals, book in the libraries and by checking the form of a various employee in the organization. 3.6 LIMITATION OF THE STUDY • Less number of respondents is taken for the study. • Lack of response by th • 2e respondents to the study. • The fast moving lifestyle of buyers may adversely affect this research. • It is just determined only in the Bangalore.
  • 40. 31 CHAPTER – 4 ANALYSIS AND INTERPRETATION
  • 41. 32 Age group of the respondents. Table no. 4.1 Age group of the respondents. Analysis:- The above table shows that the age groups between the 18 to 20 years respondents are 25%, 44% of the respondent are in the age group of 20-35 years, the age group between the 35-50 year respondents are 20% and the 11% of respondent are the age group of 50 years and above. Particulars(age) No. of respondents Percentage(%) 18-20 25 25 20-35 44 44 35-50 20 20 50 above 11 11 100 100
  • 42. 33 Chart number:4.1 Age group of the respondents. Interpretation: In the above table out of the 100 respondents, the majority of the respondents are in the age group of 20-35 years. 0 5 10 15 20 25 30 35 40 45 50 18-20 20-35 35-50 above50 Respondents Percentage
  • 43. 34 Table no 4.2 Monthly income. Monthly income(MI) No. of respondents Percentage(%) Rs7500 – 10000 7 7 Rs10000 – 20000 43 43 Rs20000 – 30000 35 35 Rs30000 above 15 15 100 100 Analysis: The above table shows that the monthly income of respondents, The income group of the Rs 7500-10000 respondents are 7%, income group between Rs10000-20000 respondents are 43%, 35% of the respondents are in the income group between the Rs20000-30000 and 15% in the income group Rs 30000 and above.
  • 44. 35 Chart no 4.2 Monthly income. Interpretation: It has found that the majority of respondents are in group between the Rs 10000-20000 aiming this segment with the promotional events will help to increase the sales. 0 5 10 15 20 25 30 35 40 45 50 7500-10000 10000-20000 20000-30000 30000above
  • 45. 36 Table no. 4.3 Occupation. Occupation No. of respondents Percentage(%) Student 46 46 Business 20 20 Profession 17 17 Employes 13 13 Other 4 4 100 100 Analysis: This above table examined that out of 100 respondents the 46% are the students, 20% respondents are the who running a business, 17% respondents are the professions, 13% are the employees, and the other occupations are the 4%.
  • 46. 37 Chart no. 4.3 Occupation. Interpretation: The majority respondents are the students, in this diagram students are the most intrested to ride a bike. Here the target customer for showroom is student. 46 20 17 13 4 0 5 10 15 20 25 30 35 40 45 50 student business profession employes others RESPONDENTS respondents
  • 47. 38 Table no. 4.4 The color of Yamaha bike. Colour No. of respondents Percentage(%) Red 18 18 Black 30 30 Silver 25 25 Blue 12 12 Ash 15 15 Total 100 100 Analysis: In the above table shows out of the 100 respondents the 30% of customers are selecting the black color bike,25% of respondents are moving to the silver color,15% of respondent chooses the ash color and 12% of respondents are choose the blue color bikes and 18% respondents go for red.
  • 48. 39 Chart no. 4.4 The color of Yamaha bike. Interpretation: Most of the clients are interested in purchasing the black and silver color bike. 0 5 10 15 20 25 30 35 red black silver blue ash respondents respondents
  • 49. 40 Table no. 4.5 Customer knowing about Yamaha bikes. Particulars No. of respondents Percentage(%) Friends 45 45 Advertising 25 25 Media 25 25 Other 5 5 Total 100 100 Analysis: The above table shows out of 100 respondents 45% of purchaser knowing about the Yamaha By friends, 25% are by the advertisement, 25% of customers are knowing by the media and 5% from others. Chart no. 4.5 Customer knowing about Yamaha bikes. Interpretation: Most of the customer will get information about bikes through friend shows customer of Yamaha bike get influenced by friends followed by advertising then media. 45 25 25 5 F RIE NDS A DVE RT IS ING ME DIA OT H E RS RESPONDENTS respondents
  • 50. 41 Table no. 4.6 Customer opinion about Yamaha . Opinion No. of respondents Percentage(%) Excellent 40 40 Good 35 35 Satisfactory 15 15 Poor 10 10 Total 100 100 Analysis: It is observed from the above table that 40% of the respondent are giving excellent opinion about the Yamaha bike, 35% are giving good opinion,15% are the satisfactory , and the 10% are giving the poor opinion about the Yamaha bikes. Chart no. 4.6 Customer opinion about Yamaha . Interpretation: Most of purchaser are giving the excellent opinion with their experience in the bangalore wheels . 0 5 10 15 20 25 30 35 40 45 excellent good satisfactory poor respondents respondents
  • 51. 42 Table no. 4.7 The first owner of the bike. Particulars No.of respondents Percentage(%) Yes 80 80 No 20 20 100 100 Analysis: In the above table shows that 80% of customers are the first user of yamaha bike and the rest of them are not. Chart no. 4.7 The first owner of the bike. Interpretation: Most of the respondents are the first user compared to the second hand owners. 0 10 20 30 40 50 60 70 80 90 yes no Series 1 Series 1
  • 52. 43 Table no. 4.8 Factors considering after the first service. Opinion No. of respondents Percentage(%) Very unsatisfied(VU) 7 7 Unsatisfied(U) 8 8 Neutral(N) 25 25 Satisfied(S) 27 27 Very satisfied(VS) 33 33 Total 100 100 Analysis: From the above table that after the first service the 33% of respondents are the very satisfied with service, 27% are the satisfied with the showroom service for the bikes Chart no. 4.8 Factors considering after the first service. Interpretation: Most of the respondents are satisfied with the service provided by the showroom . 0 5 10 15 20 25 30 35 very unsatisfied unsatisfied neutral satisfied very satisfied respondents respondents
  • 53. 44 Table no. 4.9 Customer opinion after many service. Opinion No.of respondents Particular Excellent(E) 55 55 Good (G) 30 30 Fair (F) 10 10 Poor(P) 5 5 Total 100 100 Analysis: from the above table out of 100 respondents that 55% are giving the excellent opinion about the yamaha bike after the bike service, 30% are giving the good opinion,10% are the satisfactory opinion, and the 5% are giving the poor about the Yamaha bikes after there bike service.
  • 54. 45 Chart no. 4.9 Customer opinion after many service. Interpretation: Most of the customers are giving excellent for bike after many services.this shows that company is providing consistence in quality services. 0 10 20 30 40 50 60 excellent good fair poor RESPONDENTS respondents
  • 55. 46 Table no.4.10 Buying influence of customer Particulars No.of respondents Percentage(%) Brand image 15 15 Durability 13 13 Fuel efficiency 10 10 Low maintainence 27 27 Pick up 35 35 Total 100 100 Analysis: By the above table we can understand that the 35% of customer buy the Yamaha for the purpose of pickup ,27% for the low maintenance charge, 15% for the brand image of the Yamaha, 13% for the fuel efficiency better mileage of bike, and 13% for the purpose of durability. Chart no.4.10 Buying influence of customer Interpretation: Most of the respondents are purchasing Yamaha bikes for good pickup and low maintainence. 0 5 10 15 20 25 30 35 40 brand image durability fuel efficiency low maintainence pick up respondents respondents
  • 56. 47 Table no.4.11 Price opinion of respondents on Yamaha bikes. Opinion No. of respondents Percentage (%) Highly unsatisfied(HU) 8 8 Unsatisfied(U) 13 13 Neutral(N) 20 20 Satisfied(S) 40 40 Highly satisfied(HS) 19 19 Total 100 100 Analysis: From the above table we can understand that 8% of respondents are satisfied with price,13% are unsatisfied,20% are neutral,40%are satisfied,19% are highly satisfied. Chart no.4.11 Price opinion of respondents on Yamaha bikes. Interpretation: Most the respondents are satisfied with the price of the Yamaha bikes and some are neutral,some highly satisfied. highly satisfied unsatisfied neutral satisfied highly satisfied 0 5 10 15 20 25 30 35 40 45 respondents respondents
  • 57. 48 Table no.4.12 Customer satisfaction about the technology of Yamaha. Satisfaction No. of respondents Percentage(%) No 25 25 Yes 75 75 Total 100 100 Analysis: In the above table we can understand that 75% of the respondents are satisfied with the technology of Yamaha,25% are not satisfied. Chart no.4.12 Customer satisfaction about the technology of Yamaha. Interpretation: Most of respondents are satisfied with the technology used in the Yamaha showroom. 25% 75% respondents no yes
  • 58. 49 Table no. 4.13 Performance of the Yamaha bikes Opinion No.of respondents Percentage(%) Highly satisfied(HS) 53 53 Satisfied(S) 33 33 Unsatisfied(US) 8 8 Highly unsatisfied(HU) 6 6 Total 100 100 Analysis: By the above table we can understand that 54% of respondents are highly satisfied with performance,33% are satisfied,85 are not satisfied and 6% highly not satisfied. Chart no. 4.13 Performance of the Yamaha bikes Interpretation: most of the respondents are highly satisfied with the performance of the Yamaha bikes. 0 10 20 30 40 50 60 highly satisfied satisfied unsatisfied highly satisfied respondents
  • 59. 50 Table no.4.14 is yamaha bikes suitable for off road journey. Opinion No. of respondents Percentage Yes 70 70 No 30 30 Total 100 100 Analysis: From the above table we can understand that 70% are saying yes they are satisfied with the offroad travel in Yamaha bike and 30% are not satisfied. Chart no.4.14 is yamaha bikes suitable for off road journey. Interpretation: Most the respondents are satisfied with the off road performance of the Yamaha bikes. 0% 50% 100% yes no 70 30 respondents respondents
  • 60. 51 Table no. 4.15 Any problem in Yamaha bikes . Particular No. of respondents Percentage Yes 20 20 No 80 80 Total 100 100 Analysis: By the above table we can understand that 80% of respondents are not facing any problem in bike and 20% are facing with some problem in bike. Chart no. 4.15 Any problem in Yamaha bikes . Interpretation: Most of the respondents are not facing any problem in the Yamaha bike.they are satisfied with the bikes. yes no RESPONDENTS
  • 61. 52 Table no.4.16 expectation from the service center. Particular No. of respondents Percentage(%) Reasonable Charges(RC) 15 15 Trust and Care (TC) 30 30 Professional Quality Service(PQ) 20 20 Immediate Delivery(ID) 28 28 Other specify 7 7 Total 100 100 Analysis: In this we can see that 15% respondents are expecting reasonable charges,30% are expecting trust and care,20% are expecting professional quality,28% are expecting immediate delivery. Chart no.4.16 expectation from the service center. Interpretation: Most of the people are expecting trust and care and immediate delivery from service center in showroom. 0 5 10 15 20 25 30 reasonable charges trust and care professional quality service immediate delivery other delivery RESPONDENTS
  • 62. 53 Table NO.4.17 Convenient timing of service station. Particular No. of respondents Percentage(%) Very convenient(vc) 55 55 Convenient(c) 30 30 Inconvenient(ic) 10 10 Very Inconvenient(vi) 5 5 Total 100 100 Analysis: In the above table we can understand that 55% respondents are very convenient in showroom timings,30% are convenient, where as 10% are inconvenient and 5% are very inconvenient. Chart NO.4.17 Convenient timing of service station. Interpretation: Most of the respondents are very convenient in the timings of the Yamaha shrowroom. 0 10 20 30 40 50 60 very convenient canvenient inconvenient veryu inconvenient respondents
  • 63. 54 Table no.4.18 About the service provider listens to the complaints. Particular No. of respondents Percentage(%) Yes 90 90 No 10 10 Total 100 100 Analysis: In the above table we can understand that 90%of servicers will listen to the customers complaints and 10% will not listen. . Chart no.4.18 About the service provider listens to the complaints. Interpretation: the servicer will patiently listen to the customers complaints at the time of the complaint. respondents yes no
  • 64. 55 Table no.4.19 greeting of customers by employees and staff Opinion No.of respondents Percentage(%) Highly satisfied(HS) 53 53 Satisfied(S) 33 33 Unsatisfied(US) 8 8 Highly unsatisfied(HU) 6 6 Total 100 100 Analysis: By the above table we can understand that 53% respondents are highly satisfied in greeting of them,33%are satisfied,8%are unsatisfied and 6% are highly unsatisfied. Chart no.4.19 greeting of customers by employees and staff Interpretation: Most of the customers are highly satisfied with greeting of the customers by employees and staff. 0 10 20 30 40 50 60 highly satisfied satisfied unsatisfied highly unsatisfied respondents
  • 65. 56 CHAPTER – 5 FINDINGS, SUGGESTIONS AND CONCLUSION
  • 66. 57 5.1 FINDINGS The data is collected and tabulated in a graphical chart from the analysis and interference • 44% of the 20-30age group respontdents are buying the Yamaha bike because that is the very good bike for younsters. • The people who are earning 10000-20000 are interested buying Yamaha bikes. • According to the survey,the students are purchasing Yamaha bike more than others. • The 30% of the customers are satisfied with the black colour bike, according to their need and wants. • The customers are satisfied with the overall quality and service of the bike. • Our customers are willing to recommend our service and about the product for their friends it will boost the morale of the organization. • Majority of the respondents feels that Yamaha bike is excellent. • The majority of the respondents prefers first hand bike. • Advertisement plays a major role to spread the awareness of the new bike of the company. • Aftyer the first service the majority responds will feel good after the first service. • The customers got the trial ride . • After many services the customers are fully satisfied with the performance of bike. • The respondents are going to yamaha bikes because of its pickup • The majority of the customers are satisfied with price charged by showroom • 75% of the respondents are satisfied with the offroad journy. • 80% of the respondents feels there is no problem in Yamaha bike. • Yamaha services is reaching the expectations of the customers. • 73% of the responds is satisfied with the greeting by employees and staff.
  • 67. 58 5.2 SUGGESTIONS: This report affords a brief image of bangalore wheels the authorized dealer of the Yamaha bikes through the report; attempts have been complete to assess the purpose for customers satisfaction and of, bangalore wheels the authorized dealer of the Yamaha . Some suggestions are as follows; 1. To register skilled labors, who can be an asset to meet customers expectation. 2. To issue free service coupons to the new customers 3. Retaining their customer by providing good service. 4. To ensure on time delivery of bike as promised. 5. The marketing expenses should be minimized. 6. The company must implement the competitive strategy. 7. Better to install the media for showing the Yamaha product information. 8. Introducing the new sales promotion techniques. 5.3 CONCLUSION In study, I tried to find out the satisfaction of the goods and services rendered to the customer by the BANGALORE WHEELS Yamaha bike authorized dealer. This study has given a pure image of what customers feel about the goods and services provided by the bangalore wheels. We can obviously say that the product satisfies them as well as facilities provided by the organization. All the customers have a better relationship with the showroom and they are regularly satisfied with the other features of the company as well. From the following study, we can accomplish that bangalore wheels Yamaha bike dealer been serving its customers exceptionally well has created a better image and trust between its customers with the majority of them being fully satisfied with the showroom goods and services.
  • 68. 59 Further, it has been detected that the showroom some to improve is a current level of performance. The showroom can use more customer friendly method and train its sale customers towards serving the people in the best possible manner. Customer Retention must be stressed and strategies must be employed to ensure retention. the better relation must be developed with the customers in command to avoid brand switching and safeguard repeated sales.
  • 69. BIBLIOGRAPHY CSIKSZENTMIHALYI (2000). Price Premiums and Buyer Behavior. A journal of Evidence of the Effect of Trust Building Technology in Electronic.6(7). p 235-243. DAILEY & FMI (2000). The temporal context of product involvement. A journal of Journal of Consumer Research.12(5). p 280-285. D’ESSENC (2001). The theory of planned behavior. A journal of organizational behavior and human decision processes.50(2). p 179-211. DONTHU & GARCIA (1999). Retail distribution management. A journal of E-commerce and consumer culture.63(9). p 485-487. HARRISON & ALBERTSONS (2001). The theory of planned behavior. A journal of research methods for business students.41(5). p 201-210. HENG PATRICK & LOW KIM (2006). The Reasoned Action Approach. A journal of The ANNALS of The American Academy of Political and Social Science.34(7). p 11-27. HOFFMAN & NOVAK (1996). A consumer Routines and habits. International Journal of Academic Research in Business and Social Sciences.23(2). p 1238-1240. HSIAO H L (2010). Online grocery retailing. A journal of retail and distribution management.8(5). p 335-352. KIM & KARPOVA (2010). Marketing and logistics. A journal of Customer Value Perspective.43(3). p 137-147. LOREK (2001). Shopping on the Internet. A journal of Nature and Operation of Attitudes.13(3). p 27-54. MCGRAW HILL (1999). Relationship Marketing: the strategy continuum. Journal of the Academy of Marketing Science.67(5). p 252-254.
  • 70. MOHAMMAD AMIN (2009). Measuring the Involvement Construct. Journal of Consumer Research.8(3). p 341-352. MOWEN & MINOR (1998). A Study of Internet Banking Services Adoption in the United Kingdom. A Journal of Internet Banking and Commerce.15(11). p 176-187. MONROE & DODDS, (1988). Customer Satisfaction and Loyalty: A PLS Path Modelling Approach. Journal of Marketing Theory and Practice.24(7). p 221-234. QUELCH & KLEIN (1996). Involvement in a routine shopping context. British Journal.47(2). p 21 –29. RAMAN SWATI & RADHIKA NEELA (2005). Perceived Behavioral Control and Locus of Control and the Theory. International Journal of Entrepreneurship Behaviour and Research.32(1). p 28-50. ROY SUBHADIP (2005). Why Do People Shop? A Journal of Marketing.7(8). p 46-55. THATHOO RAHUL & KACHERIA RAHIL (2007). Theory of attitude measurement. A Journal of the Academy of Marketing Science.19(2). p 252-254. www.yamahamotors.com www.yamaha.com www.yamahasports.com
  • 71. ANNEXURE Questionnaires: Dear sir/madam, I am PUNITH S, a student in MBA of ACHARYA INSTITUTE OF TECHNOLOGY BANGALORE. I am required to submit a project in partial fulfillment of the MBA. The information given by you will be kept confidential. Respondent’s Name: …………………………………… . 1. Sex : Male Female 2. Age : 18-20 20-35 35-50 50 above 3. Monthly Income : Rs7500 - 10000 Rs10000 – 20000 Rs20000 - 30000 Rs30000 above 4. Occupation: Student Business Professional Employed Other specify: …………………… 5. colour Preference for Yamaha bike Red Black Silver Blue Ash 6. How did you come to know about Yamaha bikes Friend’s Advertisement Media Others
  • 72. 7. Opion about Yamaha bikes Excellent Good Satisfactory Poor Pick up Riding Comfort Road grip Technology Maintenance cost Overall performance 8. Are you the first owner of the bike. o 1) yes o 2) No _______________specify 9. Rate the following factors you considered after first service o 1) Very unsatisfied o 2) Unsatisfied o 3) Neutral o 4) Satisfied o 5) Very satisfied 1 2 3 4 5 a) Charges b) Reputation c) Professional service d) Availability of spare parts e) Trust and customer care f) Quality of service
  • 73. 10. Rate the staff on the following factors after service 11. What made you buy a Yamaha bikes Brand image Durability Fuel efficiency Low maintenance Pick up 12. Your price opinion about Yamaha bike Highly satisfied satisfied neutral dissatisfied highly dissatisfaction 13. Are you satisfied with the Technology of Yamaha 1) Yes 2) No 14. Are you satisfied with the performance of Yamaha 1) Very satisfied 2) Satisfied 3) Somewhat satisfied 4) Dissatisfied 15. Is your Yamaha bike good on the off roads 1) Yes 2) No Excellent Good Fair Poor
  • 74. 16. Do you find any problem in Yamaha bike 1) Yes 2) No 17. Your expectation from Yamaha Service Centers 1) Reasonable Charges 2) Trust and Care 3) Professional Quality Service 4) Immediate Delivery 5) Other specify …………………………………… 18. How convenient is the timing of the service station 1) Very convenient 2) Convenient 3) Inconvenient 4) Very Inconvenient 19. Was the service advisor ready to listen to your complaints 1) Yes 2) No 20. rate the level of customer satisfaction towards greeting by employees and staff 1) Highly satisfaction 2) Satisfaction 3) Un-satisfaction 4) Highly unsatisfied
  • 75. 21. Any suggestion to the improvement of Yamaha bikes ………………………………………………………………………………………… …………………………………………………………………………………………… Thank you for the time you have spared for the interview. Your suggestions will enable service providers to improve and enhance their services to suit their customer’s requirements. Date: …………… Place: …………… ………………………. (Signature) Survey conducted by, PUNITH S
  • 76. ~+ .. ACHARYA 1::-..l'iTrt L 1 L S ACHARYA INSTITUTE OF TECHNOLOGY DEPARTMENT OF MBA INTERNSHIP WEEKLY REPORT (16MBAPR407) Name ofthe Student: Punith S Internal Guide: Prof. Arundhi K L USNNo: 1AY16MBA52 Specialization: Finance and Market Title ofthe Project: A Study On Customer Satisfaction Towards Yamaha Bike Company Name: Bangalore wheels External Week Work undertaken Guide Signature 15-01-18 to Orientation with the company. Collection of .~~ 20-01-18 secondary data relating to industry and 5 organization. " ~ 22-01-18 to Orientation with functional department ofthe sJJ 27-01-18 organization and detailed study of department. 29-01-18 to Finalization of problem area ofthe study and sJJ 03-02-18 finalization of research objectives and methodology. 05-02-18 to Finalization ofdata collection questionnaire WUJ 10-02-18 instruments and fonnats. Etc... 12-02-18 to Collection ofprimary data from the restaurants by 0 17-02-18 administrating the questionnaire. Internal Guide Signature ~ 2 yr 3~ 4 ~r/ 5 Ji}?
  • 77. 19-02-18 to 24-02-18 26-02-18 to 03-03-18 05-03-18 to 10-03-18 12-03-18 to 17-03-18 19-03-18 to 24-03-18 . Discussion with the external guide and internal guide. Formation of hypothesis. Classification and ~» 6b analysis ofcollected data. Compilation of research data and interpretation of ~~ ?Jv data. I Data analysis and Finalization Of report. .C~ sJv Finalization ofproject report and approval ofdraft ~J 9~ by company and college guide. Report submission to the Institution. r~~ I~ HOD ~ +ju - Head of the Depan..n.. ~; Deoartm€nt of MBA c;1arya.lnstituta of Technolo~r; oldevanahll1, Batlgalor~560. 10'