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GOPAL SNACKS PVT LTD AN INDUSTRIES TRAINING REPORT ON PREPARED BY MODI GAURANG, P. CLASS SY BBA YEAR 2010-2011 COLLGE SHREE H N SHUKLA COLLEGE OF IT & MANAGEMENT ROLL NO SUBMITTED TO SAURASTRA UNIVERSITY GOPAL SNACKS PVT LTD Page 1

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Page 1: For Print Gopal Namkeen

GOPAL SNACKS PVT LTD

AN

INDUSTRIES TRAINING REPORT

ON

PREPARED BY

MODI GAURANG, P.

CLASS

SY BBA

YEAR

2010-2011

COLLGE

SHREE H N SHUKLA COLLEGE OF IT & MANAGEMENT

ROLL NO

SUBMITTED TO

SAURASTRA UNIVERSITY

GUIDED BY

MS, MEGHA RUPANI

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PREFACE

Today’s world is management world and BBA is given a theoretical knowledge with practical knowledge. Every coin have two sides, it is true as like one side is theory and second side is practical side. Not enough only theatrical knowledge but also necessary a practically knowledge.

Practical knowledge plays a vital role in BBA, no value of theatrical knowledge without practical knowledge. As a part of BBA I got for practical knowledge by having an industrial visit in GOPAL SNACKS PVT, LTD. And I am very improving by this project.

This project report, which is based on industrial training, gives the BBA students a through preparation for future theoretical as well as practical application.

This training has been undergone at GOPAL SNACKS PVT LTD for the knowledge of practical study of unit.

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ACKNOWLEDGEMENT

This is the second project in BBA, I feel very proudly. I am very thankful to GOPAL SNACKS PVT LTD, and especially thankful to Mr., Bipin bhai hadvani. (M.D) thanks him because he was support very much.

I will try my level best to cover the entire practical matter in this report by support of company’s administrative staff.

I am also very thanking full to H R manager Ms, Hetal adraja who gives me a lot of information about company, and contributed their most valuable time and information’s

for preparing this project report.

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DECLARATION

I am the undersigned Mr. MODI GAURANG, P

A student of SY BBA of SHREE H N SHUKLA COLLEGE OF IT & MANAGEMENT. Herby I declare that the project work presented in this industrial visit report in my own work. And it has been carried out under the supervision of Professor MEGHA RUPANI and thankful to our principal Mr. MEHUL BHAI RUPANI shree H N SHUKLA COLLEGE.

This report has not been previously

Submitted to any other university & it also has not been used by any one in any examination.

PLACE: SIGNATURE

DATE:

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MAIN INDEX

SR NO

PARTICULAR PAGENO

1) GENERAL INFORMATION 062) PRODUCTION DEPARTMENT 193) PERSONNEL DEPARTMENT 354) MARKETING DEPARTMENT 495) FINANCE DEPARTMENT 606) SWOT ANALYSIS 697) FUTURE PLAN 728) CONCLUSION 749) SUGGESTION 7610) BIBLIOGRAPHY 78

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INDEX

SR, NO. PARTICULAR PAGE.NO

i. COMPANY PROFILE 08

ii. LOCATION 10

iii. HISTRORY & DEVELOPMENT 12

iv. SIZE OF UNIT 13

v. FORM OF UNIT 15

vi. GENERAL ORGANIZATION STRUCTURE

16

vii. GENERAL ORGANIZATION CHART 17

viii. COMPANY LOGO 18

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COMPANY PROFILE

NAME GOPAL SNACKS PVT LTD

ADDRESS 2322-24, G. I. D. C., LODHIKA. METODA ESTATE. RAJKOT-360 021

CONTACT NO,(02827) 287370

E-MAIL [email protected]

FAX NO, (02827) 287377

CHIEF PROMOTER

BIPIN BHAI HADVANI

SIZE OF UNIT MEDIUM SCALE

FORM OF UNIT PRIVATE LIMITED COMPANY

BANKERS BANK OF INDIASTATE BANK OF INDIA

YEAR OF ESTABLISHMENT

2002

MAIN PRODUCTS ALL KIND OF NAMKEENS & FRIEMS

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MOTTO GIVE SATISFACTION TO CONSUMER

AREA COVERED BY COMPANY

17958 Sq, Feet.

BRAND NAME GOPAL NAMKEEN

REGISTRATION OFFICE

2322-24, G. I. D. C., LODHIKA. METODA ESTATE. RAJKOT-360 021

ACCOUNTING YEAR

APRIL-MARCH

ACCOUNTING SYSTEM

DOUBLE ENTRY

MARKET NATIONAL

SLOGAN SAB BHOOMI GOPAL KI

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LOCATION

Location of unit is most important factor for to be consideration for successful working of any organization. It also plays vital role in the development of the unit. The total cost of manufacturing cost of any business unit is higher due to the wrong selection of location of their business.

The main object of an industrial concern is to maximum profit through minimum of production cost.

The present location of gopal snacks pvt ltd is the lodhika estate G I D C metoda, in Rajkot. In this location all the necessary facilities are easily available like the electricity supply, finance, labor, etc.

Company mainly consider following factor of the time of selecting location.

Easy availability of raw materials Transport facility Cheap fuel Loan at cheapest rate Government policy Availability of labor

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Above all factors are available to company, so we can say that GOPAL SNACKS’ location is the best location.

LOCATION OF THE COMPANY

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Kranti gate

ROAD NO.E-16

INSIDE

GOPAL

SNACK

PVT LTD

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HISTORY

&

DEVELOPMENT

“SUCCESS IS JOURANY NOT DISTINY”

A good deal of time, patience and strong determination are pre-requisite to be succeeding, each and every successful companies has glorious history which always work as measurement and guide for the future. GOPAL NAMKEEN is one of the most prestigious companies in Rajkot.

GOPAL NAMKEEN was started by Mr. BIPIN BHAI HADVANI on, 2002. Managing director SHRI BIPIN BHAI HADVANI is one the director also, which already has obtained a prestigious mark of quality ISO 9001:2000 TUS-SUD, and manufacturing different kinds of namkeen and snacks.

They have good infrastructure for developing items. They are using most of imported machine, for different types of namkeen, different types of snacks etc.

When company is started no more consumer but now GOPAL NAMKEEN is become most popular company and company have more than 70% consumer in the namkeen market.

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SIZE OF THE UNIT

There are four size of business organization.

1, tiny industry / cottage industry

2, small scale industry

3, medium scale industry

4, large scale industry

1, tiny / cottage industry

The investment of an industry in its fixed assets does not exceed Rs, 5 lakhas is known as tiny or cottage industry.

2, small scale industry

The investment of an industry in its fixed assets does not exceed Rs, 3 crores are known as small scale industry.

3, medium scale industry

The investment of an industry in its fixed asset is more than Rs, 3 crores but not exceed Rs, 5 crores are known as medium scale industry.

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4, large scale industry

The investment of any industry in its fixed assets is more than Rs, 5 crores are known as large scale industry.

“Gopal snacks pvt. Ltd” is medium scale industry. Its total capital is Rs, 4.5 crores investment in plant and machinery.

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FORM OF THE UNIT

There are three type of organization.

Sole proprietorship Partnership Joint stocks company

SOLE PROPRIETORSHIP: It means a single owner in a firm, in this type of firm all decisions are taken by self.

PARTNERSHIP: It means a two or many person together meet for profit objective. And take every decision by all partners.

JOINT STOCK COMPANY: It means when the company collect fund with the help of issuing shares, debenture, public deposits etc.

GOPAL NAMKEEN is wholly managed by only one owner that is BIPIN BHAI, so we can say that it’s a sole trader.

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GENERAL ORAGANIZATIONAL STRUCTURE

General organization chart is a blue print of company organization. Anybody understands a position of employees. General organization structure process is very important and hard process.

We can understand an authority and responsibility of officers and employees. And also general structure showed a relationship between officer to officer, employees to employees. And also shown a group activity, so best structure means a best result.

According to my observation, authority is in the hand of TOP LEVEL MANAGEMENT and responsibility rests with MEDIUM and LOW LEVEL MANAGEMENT.

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ORAGANIZATIONAL CHART

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LOGO OF THE COMPANY

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INDEX

SR NO. PARTICULAR PG,NO

(I) INTRODUCTION 21

(II) DEPARTMENT CHART 22

(III) PRODUCT DETAILS 23

(IV) RAW MATERIALS &SOURCES 24

(V) MACHINARY 25

(VI) PRODUCT PROCESS BY CHART 26

(VII) PRODUCTION PROCESS 27

(VIII) ENVIRMENTAL PROTECTION POLICY 32

(IX) QUALITY CONTROL 33

(X) INVETORY MANAGEMENT 34

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INTRODUCTION

Production is the heart of any industry. Good products are keys to market success. It is the basic activity of industrial unit. Business includes all those activities concerned with the production of gods and services.

Production planning department is a center of the company because the production planning is done according to the demand and requirement of the consumer. Good products are key of success.

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Production department of every unit must be power full as well as good quality otherwise it unable to produce good quality product for every unit. Consumer is king of market so each and every production process is done as per consumer is very necessary.

CHART OF DEPARTMENT

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PRODUCTS DETAILS

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The GOPAL NAMKEEN mainly produces a food product related to consumer. The products of company are as under.

PRODUCT NAME M R P

FRIEMS 55 GM 120GMCup FRIEMS 5 RS 10 RSA B C D FRIEMS 5 RS 10 RSDoll FRIEMS 5 RS 10 RSBall FRIEMS 5 RS 10 RSRing FRIEMS 5RS 10 RS

NAMKEEN 150 GMSev 10RSGathiya 10RSTikha-mora Gathiya 10RSTikha chevada 10RSBhavnagari Gathiya 10RSSabudana 10RSChana dal 10 RS

Above all are product is food product so it’s use for eating.

RAW MATERIALS & SOURCES

GOPAL NAMKEEN is mainly produces food product which is made with help of besan, oil, mirch

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powder, etc for namkeen. And company also purchases plastic raw materials for packing a product.

RAW MATERIALS SOURCES

Besan Boss besan company

Oil Somnath oil mill (shaper)

Wheat Ahmedabad market

Necessary masala Ramdev mirch masalas

Company directly purchases raw materials in bulk from Manufacturer Company, so GOPAL NAMKEEN purchase in low rate.

MACHINARY

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Dough Making Machine  To prepare the dough for Namkeen by mixing gram flour with spices, other additives and water it is a very large machine and it is a basic machine.

Extruder for Namkeen after mixed floor a materials come to another machine which is extrude the prepared dough for Namkeen into fine strands

Frying Pan with Burner this machine is fry the Namkeen in cooking oil.

Oil Extractor Machine during a fry some oil is rest in namkeen so this machine is remove the excess oil from the Namkeen after frying

Semi-Automatic Seasoning Machine after fraying in namkeen add extra seasoning to the Namkeen with the help of this machine seasoning are added automacaticaly.

Automatic Pouch Packing Machine To pack the Namkeen, into suitable printed pouches

All are machinery is very latest and high rate all machinery company export from JAPAN,U.S etc.

PRODUCATION PROCESS BY CHART

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LABORATORY

STOREGE

Dough making process

Frying Pan with Burner

Oil Extractor

Semi-Automatic Seasoning

Automatic Pouch Packing

Box packing sent to agency

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PRODUCTION PROCESS

LABORATRY:

First company received raw materials from the wholesaler and checked materials by quality officer, if any problem in the material than company rejects materials and sent back to supplier.

STORAGE

After checked raw materials no use all materials in one time so extra materials are kept in storage. Company has a large place for store bulk materials. Company’s store room is behind the compass.

DOUGH MAKING PROCESS:

It is a first step for making a product, in this step floor is tight according to production.

FRYING PROCESS

Second step of the production is frying. In this step company fry all types of fraiems and namkeen in frying pan. Company has latest machinery for it process. This process is doing under special supervision because if oil temperature is low or high, than it effect in the product.

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OIL EXTRACTOR:

After fry a product if more oil in the nankeen, than these all is product sent into this machine. In this machine extra oil is removed.

SEMI AUTO MATIC SEASONING PROCESS:

In this step all namkeen and fraiems are mixed a seasoning upon the product. Here include a many seasoning as like sweet, spice, salty, etc. it is also most important step because all taste are made according to consumer demand.

AUTO-MATIC POUCH PACKING:

In this step all product are packed in proper pack. GOPAL NAMKEEN has an automatic machine for packing a product. Here pouch packed according to grams. And a most important think is right product pack in to right beg.

BOX PACKING:

Box packing is the last step of process. In this process all packed product are pack in the big cartoons according to box size and sent to carriage.

PICTURE OF MACHINARY

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DOUGH MAKING MACHINE AUTO MATIC

SEASONING MACHINE

OIL EXTRACTOR MACHINE

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AUTO MATIC POUCH PACKING FRYING MACHINE

MACHINE

The GOPAL NAMKEEN gets ISO 9001:2000 certificate of quality system, they also have expert production manage and experienced workers manager controller Mr., B, V RAJU.

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ENVIROMENT PROTECTION POLICY

Everybody knows that today become weak environment and we can’t stay in this type of environment so everybody try to remove bad environment. GOPAL NAMKEEN also gives contribution in remove bad environment so companies recycle the plastic bag. And give a suggestion on their product. And suggestion is “KEEP CITY CLEAN”

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QUALITY CONTROL

Quality control means checking the

quality, size, shape, capacity and usefulness of some of the

samples selected from lot of the finished product. If any

variations are there than they are to be corrected or that

useless product is send to scrap yard. A well defined quality

management system satisfying ISO 9001-2000 quality standard

and continual improved.

GOPAL NAMKEEN is mainly produce an

eatable product so is very useful step. Because if any problems

in product than no body use of it. At last we can say that

GOPAL COMPANY is always maintaining his product.

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INVENTARY MANAGEMENT

Effective management of finished goods inventory is quite essential for required a business efficiently and profitable caring inventories become instable most business because the producing activities and considering activities table place of different time in different location.

Inventory are make up of several demands like operational stocks kept for meeting the ready demand the inventory management of “GOPAL NAMKEEN” is such that no dealer of the company remain out of stock any current oil which is popular in demand thus in GOPAL NAMKEEN distribution plays an Important role.

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INDEX

SR NO PARTICULAR PG,NO

1) INTRODUCTION 372) DEPARTMENT CHART 383) RECRUITMENT 394) SELECTION 405) TRAINING 416) DEVELOPMENT 427) WAGES & SALARY ADMINISTRATION 438) EMPLOYMENT BENEFITS 449) GRIEVANCE HANDLING 4510) TRANSFER POLICY 46

11) PERFORMANCE APPRAISAL 47

12) PERSONNEL RECORD 48

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INTRODUCTION

Personnel management is concern with human beings. Personnel management means a manage a person. MANAGEMENT

MANAGE

MAN

TAKE FULLY

The management of man power is very important because every company achieve a goal because of it. Personnel management is connected with managing the problem of personnel like, selection, wages, recruitment, promotion, training, development, salary , transfer policy, dispute, etc. personnel department is an out of getting work done through other people. Personnel department generally deal with planning, organization, directing, maintaining, utilization of work force, etc.

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Thus at last we can say that personnel department is a part of total organizational function, and any company not can achieve his goal without manpower.

NUMBER OF WORKERS

Office: work shop:

12 37

WEEKLY OFF DAY

Wednesday

SHIFT

8 AM TO 4 PM

4 PM TO 8 AM

CHART OF DEPARTMENT

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RECRUITMENT

The human resources are the most important assets of an organization. Recruitment means to raise the ratio of employees or to fill up the vacancies of employees in organization. Recruitment is process of searching a right employ for right post.

In modern era not enough a only recruit a person, but now a recruit a scientific recruit means a right person for right post, at right time.

We can recruit by two ways 1, external 2, internal

Gate notice Advertising agency On line

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Contractor All are these include in EXTERNAL way

retire employ Relative and friend of current employ Promotion

All are these include in INTERNAL way

Also industries recruit employees by news paper advertisement, TV advertisement, pamphlets, etc.

GOPAL NAMKEEN recruits employ by internal as well as external ways.

SELECTION

“Selection is the process of differentiating between applicants on order to identify and hire those with a greater likelihood of success in a job.”

Selection means to select the right person for the right job at right time. This process is negative or possible

candidate may be accepted or rejected.

STEPS OF SELECTION

AdvertisementReceive an applicationViva test

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Oral interviewWritten testFinal selection

Mainly GOPAL NAMKEEN follows above step for the selection of employees.

TRAINING

Training is not only an activity that an organization commit to maintain viable and knowledge work force. Training is a process of learning a sequence of programmed behavior. It attempts to improve worker’s performance on current job or prepare them for an intended job.

In simple words, training refers to the imparting of specific skills, abilities, and knowledge to an employee. Sometime during the training period company gives a stipend, or some rewards.

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By training employees skill is increase. According to late shree J, R, D, TATA “trained employ is do work much better compared to untrained employ, and trained employ contribute part more in country economy.’’

TYPES OF TRAINING.

On the job training Off the job training

Mainly GOPAL NAMKEEN follows on the job training. AND COMPANY’S TRAINER IS PAL

BHAI.

DEVELOPMENT

Development is long term process for develop employees skills. Development is not only related to new employees, but also development is necessary for old as well as exiting employees because of new technology. Because of development employees all round personality is develop.

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Development is undertaken by supervisors, outside expert, or any knowledgeable officers. In the development future career is center point. The scope of development is wide.

Some times GOPAL NAMKEEN

arranged a development programmed by some expert person.

WAGES AND SALARY ADMINISTRATION

Wage and salary administration are one of the vital areas of personnel administration for sound wage and salary policies and programmed are essential to procure, maintain, develop etc.

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Modern wage and salary administration system is very complex and sophisticated requiring expertise and specialist knowhow.

‘Wages means the amount paid to the labor for his services to the employer’ – BENHAM.

TYPES OF WAGES.

1 TIME WAGE

2 PIECE WAGE

# Time wage is given accordantly to time period, when piece wage is given accordantly to manufacturer a piece of product.

GOPAL NAMKEEN is providing a time wage to his employees. And gives a RS 150 per day to his workers, Payment paid to worker on up to the 7th of every month.

EMPLOYMENT BENEFITS

With the wage or salary some more facilities are given by the company to the employ that is known as employment benefits.

SOME EMPLOYMENT BENEFITS ARE AS UNDER

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BONUS SYSTEM RESIDENT FACILITY MEDICLAM CHILD EDUCATION CANTEEN FACILITY TRAVELLING ALLOWENCE

GOPAL NAMKEEN is providing a resident facility and insurance facilities to his employ. And also gives bonus on diwali.

GRIEVANCE HANDLING

Grievance means a dispute between employees to employer. At that time any middle man solve a problem that is known as grievances handling man. No any cases create up to the

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date in GOPAL NAMKEEN. If this type of situation is arise than personnel manager MS.HETAL ADRAJA solve this problem.

TRANSFER POLICY

Transfer means lateral causing movement of individuals form one position to another usual without

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involving any market charge in duties, no change in responsibility. Transfer is a process placing employees in position where they likely to be more effectively of where they are likely to be more job satisfaction. This transfer is process of employee’s adjustment with the work, time and place.

In GOPAL has only branch in RAJKOT. So for transfer the workers are sent to one department to another department.

PERFORMANCE APPRAISAL SYSTEM

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Appraisal is the evaluation of the worth, quality or merit. It should measure performance in accomplishment of goals and plans and also his performance as manager. It is evaluation of present performance and future capabilities.

‘It is evaluation or appraisal of the relative worth to the company of a man’s service on his job’ - Alford and Beatty

GOPAL NAMKEEN doing very well appraisal to his workers, company gives some extra money to his workers.

PERSONAL RECORDS

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GOPAL NAMKEEN take a personal records of workers this record very helpful any time and anywhere, this record is useful for promotion, for the transfer etc In this record includes Worker’s name, address, city, state, contact number, blood group, caste, medical record, name of the family

members and friend, etc

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INDEX

SR NO PARTICULAR PG,NO

(I) INTRODUCTION 51(II) ORGANIZATION CHART 52(III) PRICINIG DECISION 53(IV) CHANNEL OF DISTRIBUTION 54(V) ADVERTISMENT 56(VI) COMPITITOR OF COMPANY 57(VII) SALES PROMOTION 58(VIII) MARKET SEGMENTATION 59

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INTRODUCTION

Marketing is the important Function by means of which goods and services are provided to the customer. marketing is link between Demands and supply all type of goods and services are available in market so we can say that market is very useful for society

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Market is very useful for any unit because industry’s product is produce in factory but product selling is only in market.

THE EVALUTION OF MARKETING

1930 1950 PRESENT

DEPARTMENTAL CHART

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MARKETING

ERA

SALES

ERA

PRODUCTION

ERA

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PRICING DECISION

Pricing decision means decision of determining price of a product. When a company decide price they have to take number of factor in consideration like cost of production, cost of storage, transportation, advertise, cost of distribution, etc. and also include a demand and supply and position of company in market. Any product identify by him Price, price is

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very important factor for any product. If product price is high, product demand is become low and if price is satisfy, customer become high.

In GOPAL NAMKEEN pricing decision taking by top level management and he took decision very carefully, company has been providing best quality with reasonable price to its consumer

GOPAL NAMKEEN taking pricing decision is

COST + PROFIT = SALLING PRICE

CHANNEL OF DISTRIBUTION

Distribution channel means link between producer and customer, in other word channel of distribution means a bridge between product and user.

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THERE ARE MAINLY TWO TYPES OF DISTIBUTION CHANNEL

Direct channel: In this channel product reach manufacturer to consumer (user)

In direct channel : In this channel include many middlemen as like retailer, wholesaler, etc

GOPAL NAMKEEN mainly produces a namkeen which use for eating. Companies require a middle man for its selling. GOPAL NAMKEEN has a national market so company door delivery within 4-5 days.

GOPAL’S CHANNEL OF DISTRIBUTION

MANUFACTURER [GOPAL]

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AGENT [AGENCY]

RETAILER

CONSUMERS

At last we can say that GOPAL have a 3LEVEL channel of distribution.

ADVERTISING

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Advertising means to give information to people about the product or services of the company. The main objectives of advertisement are attention public and create more and more customers and create an image about company’s product. In new era business world is competitive, so advertising is most beneficial and business no survives without it. Now advertisement is a part of business and it is best sources for increasing sales of product, so we can say that advertisement is like of wheel of business.

Advertising gives basis idea about product as like how use product, product price, quality, weight etc Advertising can handle through following ways news paper, magazine, ratio, TV, internet etc GOPAL’S market is not fixed so they are using some way for example magazine, news paper, website; personal visit advertise written upon shop wall shutter and spare wheel cover etc Because of Advertisement Company can increase his

selling.

COMPITITORS OF THE COMPANY

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In modern era one through is most popular is “healthy competitors are most welcome” company can more earn because of competitor and company can growth because of them.

Every company have a some competitors GOPAL NAMKEEN have also some competitors who produces a some product.

GOPAL NAMKEEN’S COMPITITORS ARE AS UNDER

Sagar namkeen AJI G I D C Sonal namkeen AJI G I D C Radhe namkeen G I D C METODA

Morzariya namkeen RAIYA GAM

SALES PROMOTION

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Sales promotion is an important component of a company's marketing communication strategy along with advertising, public relations, and personal selling. Days Company try more and more selling so company gives a discount, free gift etc. all are this sales promotion.

GOPAL NAMKEEN give replace pack if any less quantity. And this sentence is type upon the product pack. And also give a free consumer contact number which is toll free, and also give a e-mail address for feedback.

MARKET SEGMENTATION

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Market segmentation is the identification of portions of the market that are different from one another. Segmentation allows the firm to better satisfy the needs of its potential customers.

Bases for Segmentation in Consumer Markets

Consumer markets can be segmented on the following customer characteristics.

Geographic Demographic

Psychographic

Behavioralistic

GOPAL NAMKEEN’s market is allover, as like Maharashtra, Bihar, Punjab, and Gujarat. Etc company mainly do market segmentation by geographic for example company mainly give attention upon GUJRAT MARKET.

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INDEX

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SR NO PARTICULAR PG,NO

(I) INTRODUCTION 62(II) ORGANIZATION CHART 63

(III) SOURCES OF CAPITAL 64

(IV) MANAGEMENT OF FIXED ASSET 65

(V) WORKING CAPITAL MANAGEMENT 66

(VI) PROFITABILITY 67

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INTODUCATION

Finance is related with money. Money is life blood of business. Money is required to purchase raw materials, to purchase machinery, etc.

In the simple word, finance means financial problems of business organization.

According to Solomon, ‘financial management is concerned with the efficient uses of important economy resources namely capital fund. And also says that without adequate finance, no business can success and we can’t catch opportunity.

How require finance is depends generally on the size and nature of the business, if business is expanding is finance need is more compared to other small size business.

GOPAL NAMKEEN’S accounting year is APRIL-MARCH and SHANTI BHAI kept DOUBLE ENTRY [TALLY] system.

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CHART OF DEPARTMENT

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SOURCES OF CAPITAL

Mainly two way for generate a capital, without capital any business not started capital requirement is depend upon unit size, number of labor etc

LONG TERM SOURECES: Long term sources include a equity share, debenture, long term loans etc

SHORT TERM SOURECES: In short term sources include advance from bank, public deposit, trade credit etc

GOPAL NAMKEEN is a private limited so they cannot issue equity shares, they borrowing personal investment and take long term loans and ability have reserve, trade credit etc

Mostly GOPAL NAMKEEN makes reinvestment of his own profit.

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MANAGEMENT OF FIXED ASSETS

Fixed assets are not convert easily in cash, every industries have a fixed assets are very necessary and important. Land, machinery, furniture, etc are example of fixed asset.

FIXED ASSET IS DIVIDED IN TO TWO PARTS

TANGIBLE ASSET INTANGIBLE ASSET

In GOPAL NAMKEEN financial department manage fixed asset effectively. And company also takes a register for transaction of fixed assets and keeps record of date of purchase, repairing date, etc

GOPAL NAMKEEN count depreciation on fixed assets using STRAIGHT LINE METHOD.

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WORKING CAPITAL MANAGEMENT

Working capital is use for day-to-day expense. Cash, current assets, bills receivable, debtors are example of working capital. Generally the term refers to that part of capital which is not tied up in fixed assets.

Working capital is also known as current capital, circulating capital.

This type of capital is used to make payment for tea-coffee expense, wages, salary, etc. in sort working capital satisfy daily expense of business activity.

THERE ARE TWO CONCEPT

NET WORKING CAPITAL:

Net working capital is different

between total current assets and total current liability.

GROSS WORKING CAPITAL:

Gross working capital is the total of all the current assets including owned and borrowed current assets.

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GOPAL NAMKEEN HAVE WORKING CAPITAL IS RS 2 corers.

PROFITABILITY

Every industries and institutions are established for profit. So we can say that every business activity is done for profit. And every business’s main objective is profit.

WHAT IS PROFIT?

According to one well known

economist “profit is a refund of a capital”

GOPAL NAMKEEN’S profit according to him investment

LAST FOUR YEAR DATA

YEAR PROFIT2007 50%2008 52%2009 57%2010 60%

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S W O T ANALYSIS

SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. at last we can say that strength and opportunity is a helpful, when weakness and threats is harmful.

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Strengths: characteristics of the business or team that give it an advantage over others in the industry.

Weaknesses: are characteristics that place the firm at a disadvantage relative to others.

Opportunities: external chances to make greater sales or profits in the environment.

Threats: external elements in the environment that could cause trouble for the business.

S W O T ANALYSIS ABOUT THE GOPAL NAMKEEN

Strengths:

Gopal namkeen mainly produce a namkeen product, company’s main strength is no change in product test and no change in quality or quantity.

Weakness:

Company sent a product to agent regularly for supply but In some area agent no visited to retailer so we can say that it’s company’s main weakness.

Opportunity:

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Gopal have a one most important opportunity is scope in the potato chips market.

Threats:

Company have a one big threats is a some new namkeen makers are entered in the same market.

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FUTURE PLANGOPAL SNACKS PVT LTD Page 75

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Every body’s future is uncertain although everybody plans for their future.

GOPAL NAMKEEN also has some future planning which are as under.

GOPAL NAMKEEN’S plan is to enter in the national market.Also company enters in to potato chips market.And they also want to use more and more latest technology.They want to give more and more satisfaction to customer.

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CONCLUSION

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The conclusion is the end of the project. It is the last part of the project; a conclusion is like the final chord in a song. It makes the listener feel that the piece is complete and well done.

GOPAL NAMKEEN’s all staff members are very helpful, who is given me clear information during the project report. Company has a bright future.

At last I can say that company earns more and more profit and I wished that company have a very good future. Company is not very old although company earns a most popularity in saurastra and kachh.

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SUGGESTION

In today’s world no body perfect. During the training I was noted some below point which is not suitable for company. So I am giving some suggestion for company.

Company has to give an instruction about the regularly visited to retailer to agent.

According to my suggestion if company gives a more advertisement in the television, papers, etc than may be possible increase a sale.

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BIBILIOGRAPHY

NAME OF BOOK AUTHOR

COMPANY M D BIPIN BHAI HADVANI

H R MANAGER HETAL BEN ADRAJA

MARKETING MANAGEMENT HIMALIYA PUBLICATION

FINANCE MANAGEMENT B S SHAH

PERSONNEL MANAGEMENT ASHWTHAPA

COMPANY PAMPLET

COMPANY WEBSITE: www.gopalnamkeen.com

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