Mba Project Report on Bajaj vs Hero Honda Project Report

65
RESEARCH PROJECT REPORT ON COMPARATIVE STUDY OF BAJAJ V/S HERO HONDA In the partial fulfilment of requirement for the award of Degree of Masters of Business Administration (MBA) Prepared By: Gurmeet Singh Roll No-1419853 Under the Guidance of Prof. Sarabjot Singh Sandhu 1 | Page

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Mba Project Report on Bajaj vs Hero Honda Project Report

Transcript of Mba Project Report on Bajaj vs Hero Honda Project Report

RESEARCH PROJECT REPORT ON

COMPARATIVE STUDY

OF

BAJAJ V/S HERO HONDA

In the partial fulfilment of requirement for the award ofDegree of Masters of Business Administration (MBA)

Prepared By:

Gurmeet SinghRoll No-1419853

Under the Guidance of

Prof. Sarabjot Singh Sandhu

RAYAT INSTITUTE OF MANAGEMENT RAILMAJRA

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DECLARATION

I, Gurmeet Singh, hereby declare that this project report is the record of

authentic work carried out by me. This project has not been submitted to any

other University or Institute for the award of any degree / diploma etc.

Signature

Name of the student: Gurmeet Singh

Roll No. 1419853

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ACKNOWLEDGEMENT“Success is not a description, but a journey.” While I reach towards the

end of this journey, I realized I may not have come this far without the guidance,

help and support of the people who acted as guides, friends and torch bearers

along the way.

I take this opportunity to thank Prof. Sarbjot Singh Sandhu without their

cooperation I would not have been able to complete this project.

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INDEXSr No. Particulars Page no

i) Declaration 2ii) Acknowledgement 31. OBJECTIVES2. HISTORY OF BAJAJ

- Profile

- Bajaj Intro

- Company History

- Timeline of new releases

3. HISTORY OF HERO HONDA - Company Profile

4. RESEARCH METHODOLOGY- Data Source

- Research Approach

- Sampling unit

- Data Completion and Analysis

- Scope

5. LIMITATION OF RESEARCH STUDY

6. ANALYSIS AND INTERPRETATION

7. CONCLUSION

8. RECOMMENDATION

9. BIBLIOGRAPHY

10. ANNEXURE

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OBJECTIVES:-

1. To know the market share of Bajaj & Hero Honda.

2. To know the perception of customers regarding bikes.

3. To determine the customers satisfaction regarding bikes.

4. To determine the factors influencing the choice of customers regarding bikes.

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Bajaj Auto limited is one of the largest two wheeler manufacturing company in

India apart from producing two wheelers they also manufacture three wheelers.

The company had started way back in 1945. Initially it used to import the two

wheelers from outside, but from 1959 it started manufacturing of two wheelers in

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the country. By the year 1970 Bajaj Auto had rolled out their 100,000th vehicle.

Bajaj scooters and motor cycles have become an integral part of the Indian

milieu and over the years have come to represent the aspirations of modern

India. Bajaj Auto also has a technical tie up with Kawasaki heavy industries of

Japan to produce the latest motorcycles in India which are of world class quality

The Bajaj Kawasaki eliminator has emerged straight out of the drawing board of

Kawasaki heavy industries. The core brand values of Bajaj Auto limited includes

Learning, Innovation, Perfection, Speed and Transparency.

Bajaj Auto has three manufacturing units in the country at Akurdi, Waluj and

Chakan in Maharashtra, western India, which produced 2,314,787 vehicles in

2005-06. The sales are backed by a network of after sales service and

maintenance work shops all over the country.

Bajaj Auto has products which cater to every segment of the Indian two wheeler

market Bajaj CT 100 Dlx offers a great value for money at the entry level.

Similarly Bajaj Discover 125 offers the consumer a great performance without

making a big hole in the pocket.

PROFILE:Founder Jamnalal BajajYear of Establishment 1926Industry Automotive - Two & Three WheelersBusiness Group The Bajaj GroupListings & its codes BSE – Code: 500490; NSE - Code: BAJAJAUTO Presence Distribution network covers 50 countries.

Dominant presence in Sri Lanka, Bangladesh, Columbia, Guatemala, Peru, Egypt, Iran and Indonesia.

Joint Venture Kawasaki Heavy Industries of Japan

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Registered & Head Office Akurdi Pune - 411035IndiaTel.: +(91)-(20)-27472851 Fax: +(91)-(20)-27473398

Works Akurdi, Pune 411035 Bajaj Nagar, Waluj Aurangabad 431136 Chakan Industrial Area, Chakan, Pune

411501

E-mail [email protected] www.bajajauto.com

Bajaj Autos Ltd.Bajaj Auto Limited

Type Public

Founded 1945

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Headquarters Pune, India

Key people Rahul Bajaj (Chairman)

RevenueRs. 1,01,063 billion (2006) or USD 1.87

billion

Net income Rs. 17,016 billion

Employees ???

Website www.bajajauto.com

Bajaj Auto is a major Indian automobile manufacturer. It is India's largest and the

world's 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with

plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makes

motorscooters, motorcycles and the auto rickshaw.

Company's history

Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million vehicles in a year.

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Timeline of new releases

1971 - three-wheeler goods carrier 1972 - Bajaj Chetak 1976 - Bajaj Super 1977 - Rear engine Autorickshaw 1981 - Bajaj M-50 1986 - Bajaj M-80, Kawasaki Bajaj KB100 1990 - Bajaj Sunny 1994 - Bajaj Classic 1995 - Bajaj Super Excel 1997 - Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw 1998 - Kawasaki Bajaj Caliber, Legend(India's first four-stroke scooter) 2000 - Bajaj Saffire 2001 - Eliminator, Pulsar 2003 - Caliber115, Bajaj Wind 125, Bajaj Pulsar 2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj

Discover DTS-i 2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover 2006 - Bajaj Platina 2007 - Bajaj Pulsar-200 2008- Bajaj Discover 2009-CTS-100 2010-Bajaj Discover-150

Some of the models that Bajaj makes (or has made) are:

Scooters

o Bajaj Sunny

o Bajaj Chetak

o Bajaj Cub

o Bajaj Super

o Bajaj Wave

o Bajaj Legend

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New ImageThe company, over the last decade has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer, product range ranging from Scooterettes to Scooters to Motorcycle. Its real growth in numbers has come in the last 4 years after successful introduction of a few models in the motorcycle segment.

The company is headed by Rahul Bajaj who is worth more than US$1.5 billion.

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India has the largest number of two wheelers in the world with 41.6 million

vehicles. India has a mix of 30 percent automobiles and 70 percent two wheelers in the

country. India was the second largest two wheeler manufacturer in the world starting in

the 1950’s with the birth of Automobile Products of India (API) that manufactured

scooters. API manufactured the Lambrettas but, another company, Bajaj Auto Ltd.

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surpassed API and remained through the turn of the century from its association with

Piaggio of Italy (manufacturer of Vespa).

The license raj that existed between the1940s to1980s in India, did not allow foreign

companies to enter the market and imports were tightly controlled. This regulatory maze,

before the economic liberalization, made business easier for local players to have a

seller’s market. Customers in India were forced to wait 12 years to buy a scooter from

Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a

dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times

its annual output for scooters.

The motorcycle segment had the same long wait times with three manufacturers; Royal

Enfield, Ideal Jawa, and Escorts. Royal Enfield made a 350cc Bullet with the only four-

stroke engine at that time and took the higher end of the market but, there was little

competition for their customers. Ideal Jawa and Escorts took the middle and lower end of

the market respectively.

In the mid-1980s, the Indian government regulations changed and permitted foreign

companies to enter the Indian market through minority joint ventures. The two-wheeler

market changed with four Indo-Japanese joint ventures: Hero Honda, TVS Suzuki, Bajaj

Kawasaki and Kinetic Honda. The entry of these foreign companies changed the Indian

market dynamics from the supply side to the demand side. With a larger selection of two-

wheelers on the Indian market, consumers started to gain influence over the products they

bought and raised higher customer expectations. The industry produced more models,

styling options, prices, and different fuel efficiencies. The foreign companies new

technologies helped make the products more reliable and with better quality. Indian

companies had to change to keep up with their global counterparts.

Hero Honda Motorcycle Ltd.

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Hero Honda Motorcycles Limited is an Indian manufacturer of motorcycles and

scooters. Hero Honda is a joint venture that began in 1984 between the Hero group of

India and Honda from Japan. It has been the world's biggest manufacturer of 2-wheeled

motorized vehicles since 2001, when it produced 1.3 million motorbikes in a single year.

Hero Honda's Splendor is the world's largest selling motorcycle[citation needed]. Its 2 plants are

in Dharuhera and Gurgaon, both in Haryana, India. It specializes in dual use motorcycles

that are low powered but very fuel efficient.

[ Models ]

Bikes

Hero Honda Splendor Plus

Hero Honda Passion Plus

Hero Honda Karizma

Hero Honda CBZ

Hero Honda Super Splendor

Hero Honda CD Dawn

Hero Honda CD Deluxe

Hero Honda Achiever

Hero Honda Glamour

Hero Honda Ambition

Hero Honda "Splendor" Model

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Company Profile

“Hero”, is the brand name used by the Munjal brothers in the year 1956 with the flagship

company Hero Cycles. The two-wheeler manufacturing business of bicycle components

had originally started in the 1940’s and turned into the world’s largest bicycle

manufacturer today. Hero, is a name synonymous with two-wheelers in India today. The

Munjals roll their own steel, make free wheel bicycle critical components and have

diversified into different ventures like product design. The Hero Group philosophy is:

“To provide excellent transportation to the common man at easily affordable prices and

to provide total satisfaction in all its spheres of activity”. The Hero group vision is to

build long lasting relationships with everyone (customers, workers, dealers and vendors).

The Hero Group has a passion for setting higher standards and “Engineering Satisfaction”

is the prime motivation, way of life and work culture of the Group.

In the year 1984, Mr. Brijmohan Lal Munjal, the Chairman and Managing Director of

Hero Honda Motors (HHM), headed an alliance between the Munjal family and Honda

Motor Company Ltd. (HMC). HHM Mission Statement is: “We, at Hero Honda, are

continuously striving for synergy between technology, systems, and human resources to

provide products and services that meet the quality, performance, and price aspirations of

our customers. While doing so, we maintain the highest standards of ethics and societal

responsibilities, constantly innovate products and processes, and develop teams that keep

the momentum going to take the company to excellence in the new millennium”. This

alliance became one of the most successful joint ventures in India, until the year 1999

when HMC had announced a 100% subsidiary, Honda Motorcycle & Scooter India

(HMSI). This announcement caused the HHM stock price to decrease by 30 percent that

same day. Munjal had to come up with some new strategic decisions as, HMSI and other

foreign new entry companies were causing increased intensity of rivalry for HHM.

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== Growth == The business growth of Hero Honda has been phenomenal throughout its

early days. The Munjal family started a modest business of bicycle components. Hero

Group expanded so big that by 2002 they had sold 86 million bicycles producing 16000

bicycles a day. Today Hero Honda has an assembly line of 9 different models of

motorcycles available. It holds the record for most popular bike in the world by sales for

Its Splendor model. Hero Honda Motors Limited was established in joint venture with

Honda Motors of Japan in 1984, to manufacture motorcycles. It is currently the largest

producer of Two Wheelers in the world. It sold 3 million bikes in the year 2005-2006.

Recently it has also entered in scooter manufacturing, with its model PLEASURE mainly

aimed at girls. The Hero Group has done business differently right from the start and that

is what has helped them to achieve break-through in the competitive two-wheeler market.

The Group's low key, but focused, style of management has earned the company plaudits

amidst investors, employees, vendors and dealers, as also worldwide recognition.

The growth of the Group through the years has been influenced by a number of factors:

Just-in-Time

The Hero Group through the Hero Cycles Division was the first to introduce the concept

of just-in-time inventory. The Group boasts of superb operational efficiencies. Every

assembly line worker operates two machines simultaneously to save time and improve

productivity. The fact that most of the machines are either developed or fabricated in-

house, has resulted in low inventory levels. In Hero Cycles Limited, the just-in-time

inventory principle has been working since the beginning of production in the unit and is

functional even till date.. This is the Japanese style of production and in India; Hero is

probably the only company to have mastered the art of the just-in-time inventory

principle.

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Ancillarisation

An integral part of the Group strategy of doing business differently was providing

support to ancillary units. There are over 300 ancillary units today, whose production is

dedicated to Hero's requirements and also a large number of other vendors, which include

some of the better known companies in the automotive segment. Employee Policy:

Another Striking feature within the Hero Group is the commitment and dedication of its

workers. There is no organized labor union and family members of employees find ready

employment within Hero. The philosophy with regard to labor management is "Hero is

growing, grow with Hero." When it comes to workers' benefits, the Hero Group is known

for providing facilities, further ahead of the industry norms. Long before other companies

did so, Hero was giving its employees a uniform allowance, as well as House Rent

Allowance (HRA) and Leave Travel Allowance (LTA). Extra benefits took the form of

medical check-ups, not just for workers, but also for the immediate family members.

Dealer Network

The relationship of Hero Group with their dealers is unique in its closeness. The dealers

are considered a part of the Hero family. A nation-wide dealer network comprising of

over 5,000 outlets, and have a formidable distribution system in place. Sales agents from

Hero travels to all the corners of the country, visiting dealers and send back daily

postcards with information on the stock position that day, turnover, fresh purchases,

anticipated demand and also competitor action in the region. The manufacturing units

have a separate department to handle dealer complaints and problems and the first

response is always given in 24 hours.

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[Financial Planning]

The Hero Group benefits from the Group Chairman's financial acumen and his grasp on

technology, manufacturing and marketing. Group Company, Hero Cycles Limited has

one of the highest labor productivity rates in the world. In Hero Honda Motors Limited,

the focus is on financial and raw material management and a low employee turnover.

[ Quality ]

Quality at Hero is attained not just by modern plants and equipment and through latest

technology, but by enforcing a strict discipline. At the Group factories, attaining quality

standards is an everyday practice - a strictly pursued discipline. It comes from an

amalgamation of the latest technology with deep-rooted experience derived from nearly

four decades of hard labor. It is an attitude that masters the challenge of growth and

change - change in consumers' perceptions about products and new aspirations arising

from a new generation of buyers.

Constant technology up gradation ensures that the Group stays in the global mainstream

and maintains its competitive edge. With each of its foreign collaborations, the Group

goes onto strengthen its quality measures as per the book. The Group also employs the

services of independent experts from around the world to assist in new design and

production processes.

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[Diversification ]

Throughout the years of enormous growth, the Group Chairman, Mr. Lall has actively

looked at diversification. A considerable level of backward integration in its

manufacturing activities has been ample in the Group's growth and led to the

establishment of the Hero Cycles Cold Rolling Division, Munjal and Sunbeam Castings,

Munjal Auto Components and Munjal Showa Limited amongst other component-

manufacturing units.

Then there were the expansion into the automotive segment with the setting up of

Majestic Auto Limited, where the first indigenously designed moped, Hero Majestic,

went into commercial production in 1978. Then came Hero Motors which introduced

Hero Puch, in collaboration with global technology leader Steyr Daimler Puch of Austria.

Hero Honda Motors was established in 1984 to manufacture 100 cc motorcycles.

The Hero Group also took a venture into other segments like exports, financial services,

information technology, which includes customer response services and software

development. Further expansion is expected in the areas of Insurance and

Telecommunication.

The Hero Group's phenomenal growth is the result of constant innovations, a close watch

on costs and the dynamic leadership of the Group Chairman, characterized by a culture of

entrepreneurship, of right attitudes and building stronger relationships with investors,

partners, vendors and dealers and customers

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OBJECTIVES OF THE RESEARCH

1. To analyze the customer satisfaction.

2. To analyze the customer preference.

3. To know which manufacturer is providing better services.

4. To analyze after sales services of bikes.

5. To study the behavioral factors of consumers in motor bikes.

6. To suggest various factors to improve sales.

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RESEARCH METHODOLOGY

It is well known fact that the most important step in marketing research process is

to define the problem. Choose for investigation because a problem well defined is half

solved. That was the reason that at most care was taken while defining various

parameters of the problem. After giving through brain storming session, objectives were

selected and the set on the base of these objectives. A questionnaire was designed major

emphasis of which was gathering new ideas or insight so as to determine and bind out

solution to the problems.

DATA SOURCE

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Research included gathering both Primary and Secondary data. Primary data is

the first hand data, which are selected a fresh and thus happen to be original in character.

Primary Data was crucial to know various customers and past consumer views about

bikes and to calculate the market share of this brand in regards to other brands.

Secondary data are those which has been collected by some one else and which

already have been passed through statistical process. Secondary data has been taken from

internet, newspaper, magazines and companies web sites.

RESEARCH APPROACH

The research approach was used survey method which is a widely used method

for data collection and best suited for descriptive type of research survey includes

research instrument like questionnaire which can be structured and unstructured. Target

population is well identified and various methods like personal interviews and telephone

interviews are employed.

SAMPLING UNIT

It gives the target population that will be sampled. This research was carried in

madurai

These were 100 respondents.

DATA COMPLETION AND ANALYSIS

After the data has been collected, it was tabulated and findings of the project were

presented followed by analysis and interpretation to reach certain conclusions.

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SCOPE

My project was based on the Comparative Study of Bajaj V/S Hero Honda and

data was taken in the madurai only.

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LIMITATIONS

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1. Research work was carried out in Madurai only the finding may not be applicable to

the other parts of the country because of social and cultural differences.

2. The sample was collected using connivance-sampling techniques. As such result may

not give an exact representation of the population.

3. Shortage of time is also reason for incomprehensiveness.

4. The views of the people are biased therefore it doesn’t reflect true picture.

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Q1) Which bike do you have?

Hero Honda 47Bajaj 38Any other 15

Hero honda

Bajaj

Any other

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Q2) Which Model do you Have?

Hero Honda BajajSplender 21 CT 100 7Passion 13 Discover 12Karizma 7 Pulsar 11

Any other 6 Any other 8

0

5

10

15

20

25

1

Model Name

No

of P

erso

ns

Hero Honda

Splender

Passion

Karizma

Any other

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0

24

6

8

1012

14

1

No

of P

erso

ns

Bajaj

CT 100

Discover

Pulsar

Any other

Q3) In which family Income level do you Fall?

100000-200000 22200000-300000 45300000-400000 23above 400000 10

0

10

20

30

40

50

1

Income level

No

of P

erso

ns

100000-200000

200000-300000

300000-400000

above 400000

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0

24

6

8

1012

14

1

No

of P

erso

ns

Bajaj

CT 100

Discover

Pulsar

Any other

Q4) For how long do you own a bike?

0-1 year 341-2 year 292-3 year 26above 3 year 11

0

10

20

30

40

No of Persons

1

No of years

0-1 year

1-2 year

2-3 year

above 3 year

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Q5) For what purpose do you use your Motor Bike?

Hero Honda BajajOffice Purpose 9 4Personal purpose 13 15Joy Purpose 19 16Other 6 3

0

5

10

15

20

OfficePurpose

Personalpurpose

JoyPurpose

Other

Purpose

No

of P

erso

ns Hero Honda

Bajaj

Q6) How do you come to know about this Motor Bike?

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Hero Honda BajajNewspaper 4 2

Television 23 16

Magazine 2 1

Friends & Relative 18 19

0

5

10

15

20

25

Hero Honda Bajaj

Name of Company

No

of P

erso

ns

New spaper

Television

Magzine

Friends & Relative

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Q7) Does Advertisement Influence your decision in choosing a Motor Bike?

Yes 87%No 5%Cant say 8%

Yes

No

Cant say

Q8) Do you have full knowledge about Bikes before

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buying?

Hero Honda Bajaj

Yes 25 23

No 22 15

0

5

10

15

20

25

30

Hero Honda Bajaj

Company Name

No

of p

erso

ns

Yes

No

Q9) Which Factor below Influence your decision?

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Hero Honda Bajaj

Price 72% 78%Mileage 78% 64%Quality 65% 48%Resale Value 40% 28%Status symbol 10% 7%

0%

20%

40%

60%

80%

100%

Hero Honda Bajaj

Company Name

No

of P

erso

ns

Price

Mileage

Quality

Resale Value

Status symbol

Q10) How would you rate the following factors of Bikes

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with respect to different company?

Hero Honda Bajaj

Mileage 74% 72%Price 68% 65%Pick up 70% 80%Maintenance 58% 62%Look & Shape 85% 80%Brand Image 53% 55%

0%

20%

40%

60%

80%

100%

Hero Honda Bajaj

Company Name

No

of P

erso

ns

Mileage

Price

Pick up

Maintenance

Look & Shape

Brande Image

Q11) If new Bike with good features comes in, then would

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you like to change your bike?

Hero Honda Bajaj

Yes 19 21No 17 14Cant say 11 3

0

5

10

15

20

25

Yes No Cant say

Views

No

of P

erso

ns

Hero Honda

Bajaj

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Conclusion

1. Most of the Pulsar, CBZ & Karizma are purchased by young generation

18 to 30 because they prefer stylish looks and rest of the models of

Hero Honda are purchased more by daily users who needs more

average of bikes than looks.

2. Hero Honda is considered to be most fuel-efficient bike on Indian

roads.

3. Service & Spare parts are available throughout India in local markets

also.

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4. While buying a motorcycle, economy is the main consideration in form

of maintenance cost, fuel efficiency.

5. Majority of the respondent had bought their motorcycle more than 3

years.

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FINDINGSDuring this research project I came in to contact with many customers who are

having bikes. It has been found that in Hero Honda mostly the customers are having

splendor while the ratio of the customers using Passion, Karizma and other bikes are

comparatively low. In Bajaj the customers are giving more preference to Discover and

Pulsar models and in case of TVS Bikes the customers are givig more preference to the

other models rather than Flame,Starcityand Apache. The maximum numbers of

customers that are using these bikes fall in the income group of 200000-300000.

It has been observed that the customers are using their bikes mostly for official

and personal purpose. It is observed that the awareness of Hero Honda bikes mostly

comes from friends while of Bajaj and TVS the awareness comes from newspapers and

televisions. Out of the sample size of 90 customers, 65 customers agree with the fact that

advertisements play a very significant role in influencing their behavior to choose the

bike. On the other hand 15 customers do not agree to this fact. While remaining 10

customers are not sure about it.

When the customers are asked that are they satisfied with the performance of their

bikes then most of them agrees to the fact. Out of the sample size of 90 customers, 55

customers says that they are satisfied with the performance of their bikes. On the other

hand 28 customers are not satisfied with the performance of the bikes that they are

having. While the remaining 10 customers are unable to say anything. It is observed that

most of the customers are having full knowledge of the bike before purchasing

It has been seen that In Hero Honda bikes the mileage of the bike and the value

that it adds to the status symbol of the customers influences the decision criteria of most

of the customers. In Bajaj bikes customers gets more influenced by the price and quality

of the bike and also they think that it adds value to their prestige. While in case of TVS

bike the economic price of the bikes influences the buying behavior of the customers

.

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RECOMMENDATIONS

1. Bajaj should introduce some more models having more engine power.

2. Hero Honda should think about fuel efficiency in case of upper segment

bikes.

3. More service centers should be opened.

4. Maintenance cost and the availability of the spare parts should also be

given due importance.

5. They also introduce some good finance/discount schemes for students.

6. The price should be economic.

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BIBLIOGRAPHY

1. www.herohonda.com

2. www.google.com

3. www.bajaj.com

4. www.twowheeler.com

5. www.extrememachines.com

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QUESTIONNAIRE

NAME: - ………………………………………………CONTACT NO ……………………………………….AGE:- 15-20 20-25

25-30 Above 30

OCCUPATION:- Businessman Employee Student Other

Q1) Which Bike do you have? Hero Honda Bajaj

Q2) Which Model do you have?Hero Honda: - Splendor Passion

Karizma OtherBajaj: - CT 100 Discover

Pulsar Other Flame Apache

Other

Q3) In which Family Income do you Fall? 100000-200000 200000-300000

300000-400000 Above 400000

Q4) For how long do you own a Bike?0-1 year 1-2 year2-3 year above 3 years

Q5) For what purpose do you use your Motor Bike?Office Purpose Personal PurposeJoy Purpose Other

Q6) How do you come to know about this Motor Bike?Newspaper TelevisionMagazines Friends/Relatives

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Q7) Are you satisfied with the performance of the bike that you are currently having?Yes No Can’t say

Q8) Does Advertisement Influence your decision in choosing a Motor Bike?Yes No Can’t say

Q9) Do you have full knowledge about Bikes before buying?Yes No Can’t say

Q10). Which factor below influence your decision?Price Mileage QualityResale Value Status Symbol

Q11) How would you rate the following factors of bikes with respect to different companies?

Hero Honda BajajMileage PricePick upMaintenanceLook/ShapeBrand Image

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12) If new bike with good feature comes in, then would you like to change your bikes?Yes No Can’t say

Q13) Any Suggestions for Company ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

Date: (Signature)

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