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    1.1 INTRODUCTION TO THE STUDY

    Consumer

    Consumer is the central point and all the marketing activities revolve around him.

    Manufactures produce what the consumer wants. As the customers’ behavior differ from persons

    to persons, customer purchase an article as a consequence of certain mental and economic forces

    creating desires or wants, which can be satisfied by the articles afford for purchase. In a market,

    customer is considered to be king. heir needs and wants are unlimited. Customer’s preference

    depends upon the nature of customer. he customer once purchase a mobile, if it gives

    satisfaction to them, again they give reference to same mobiles service.

    !ervice provider should fulfill needs and wants of customers, hey are e"pecting good

    quality and lower prices from provider. If the cannot give satisfaction to the customers, they will

    go for other mobile. he growth of business depends on customer satisfaction. he customer’s

    e"pectations are changing day to day. #ence the customer’s preferences are not constant.

    In  economics, consumers  are individuals or households that $consume$ goods and

    services generated within the economy. !ince this includes %ust about everyone, the term is a

     political term as much as an economic term when it is used in everyday speech. ypically when

     businesspeople and economists talk of $consumers$ they are talking about person&as&consumer,an aggregated commodity item with little individuality other than that e"pressed in the buy'not

     buy decision. #owever there is a trend in marketing  to individuali(e the concept. Instead of 

    generating broad demographic  and  psychographic  profiles of market segments, marketers are

    engaging in personali(ed marketing,  permission marketing, and mass customi(ation.

    In standard microeconomic theory, a consumer is assumed to have a  budget which can be

    spent on a range of goods and services available on the market. )nder the assumption of 

    rationality, the budget allocation is chosen according to the preference of the consumer, i.e. to

    ma"imi(e his or her utility function. In time&series models of consumer behaviour, the consumer 

    may also invest a proportion of their budget in order to gain a greater budget in future periods.

    his investment choice may include either fi"ed rate interest or risk&bearing securities.

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    In the conte"t of mental health, consumer is also a term applied to describe a person

    living with mental illness. Concern over the best interests of consumers has spawned much

    activism, as well as incorporation of  consumer education into the school curriculum. *ne non&

     profit publication active in consumer education is Consumer +eports.

    ithin many selling companies $consumer$ has come to be a derogatory term. Meaning

    $purchaser of products who is not very intelligent.$ his is in contrast to the meaning of 

    customer . hich is defined as an intelligent purchaser who has power in the purchasing

    relationship between buyer and seller.

    Consumer satisfaction

    Customer satisfaction is an ultimate aim of all economic activity. Customer is the largest

    economic group who are affected by public and private economic decision. Customer satisfaction

    is an ultimate aim of any business. -oth survival and growth of depend on customer satisfaction.

    he customer satisfaction is the relationship between the customers’ e"ception and the

    mobile perceived performance. If it e"ceeds them, the customer is highly satisfied if it falls short

    the customer is dissatisfied. A satisfied customer is more likely to purchase the mobile ne"t time

    and will say good things about the mobile to others. According to marketers, /A satisfied

    customer is our best advertisement.0 he marketing systems goal should be to ma"imi(e

    consumption, Customer satisfaction. he marketing systems goals should be to ma"imi(e life

    quality of customer goods and services but also the quality of environment.

    Customer satisfaction deals with the characteristics of human behavior. Marketing

     belongs to human behavior as it deals with buying decisions. he Advertisement copy writer has

    to study psychology behind human behavior in respect of satisfaction of his wants. Consumer 

    satisfaction is a method by which we study the needs of the customers and what they think about

    the services provided and in general in the terms of 1quality, cost, time and services2 and in this

    we find better ways no how the satisfaction can be evaluated and making the services better.

    Consumer behavior

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    Consumer behavior refers to the behavior that consumers display in searching for 

     purchasing, using, evaluating and disposing of products and services that they e"pect will satisfy

    their needs. he study of consumer behavior is the study of how individuals make decisions to

    spend their available resources1 time,money,effort2 on consumption related items it includes the

    study of what they buy,why they buy,when they buy it, where they buy it,how often they buy it

    and how often they use it.

    he wealth of products and services produced in a country make our economy strong.

    Almost all the products, which are available to buyers, have a number of alternative

    suppliessubstitute products are available to consumers, who make a decision to buy products.

    herefore, a seller most of his time, seeks buyers and tries to please them. A buyer make a

     purchase of a particular product or a particular brand and this can be termed /product buying

    motives0. And the reason behind the purchase from a particular seller is /patranoge motives0.

    hen a person gets his pay packet, and if he is educated, sits down along with his wife

    and prepares a family budget, by appropriating the amount to different needs. It may happen that

    after a trip to the market, they might have purchased some items, which are not in budget, and

    thus there arises a deviation from the budgeted items and e"penditure. he deviation is due to the

    new needs because of the arrival of new products, better display of products,credit facilities,

     behavior of salesman,competitive priceetc.,

    he new needs may arise because the son has a friend shoe in his mind,the daughter has a

    friend’s dress in her mind, the wife has been thinking about a particular sari or he himself has

     been thinking about the design of the drawing hall at his friend’s house etc. all the behavior of 

    human beings during the purchase may be termed as /buyer behavior0. /he process whereby

    individuals decide whether, what, when,how and from whom to purchase goods and services can

     be termed as the customer’s or the buyer’s behavior0.

    he buyer may take a decision whether to save or spend the money. hen he decides to

    spend, then there are many problems as to what to purchase, because needs are numerous, which

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    lead to ranking the needs in terms of priority. hen, the problems are consumption problems&

    where to buy, how to buy, from whom to buy etc.,

    Factors infuencin! consumer behaviour"

    he individual determinants that effect consumer behaviour are3

      Motivation and involvement

      Attitudes

      4ersonality and self concept

      5earning

    Information processing

    he e"ternal influences or factors are3

      Cultural influences

    !ub&cultural influences

      !ocial class influences

     

    !ocial group influences

      6amily influences

      4ersonal influences

    INDI#IDU$% DETER&IN$NTS

    &otivationa an' invovement

    In a society, different consumers e"hibit different consumer behaviour because have

    unique sets of needs. Motivation is that internal force that activates some needs and provides

    direction of behaviour towards fulfillment of these needs. hile talking of motivation, we cannot

    afford to forget the Maslow’s #ierarchy of needs which tells us about the primary and secondary

    needs.

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    6irst the biological needs of hunger, thirst, shelter are satisfied then the safety needs and

    then the psychological desires of being accepted in society, seeking status, esteem, etc. are

    satisfied. Involvement refers to the personal relevance or importance of a product or a service

    that a consumer perceives in a given situation. 7epending on the value and personal interest, a

    consumer can have a high or low involvement. 6or a professional tennis player, the choice of a

    tennis racket is made with great care. #e sees the weight, si(e, grip and tension of the strings etc.

    $ttitu'es

    hese are our learned predispositions towards people, ob%ects and events. Attitudes are

    responsible for our responses and are not inborn but are learnt from people around us. *ur 

    attitudes influence our purchase decisions and consumer. A person having a carefree attitude will

     buy an ob%ect without much involvement. 4eople who want to play safe and avoid risk taking,

    will go for a safe investment. 4eople, who want convenience and are short of domestic help, will

    have a positive attitude towards canned and fro(en foods.

    (ersonait) an' sef conce*t

    It is the sum total of our mental, physical and moral qualities and characteristics that are

     present in us and that make us what we are. Consumers try to buy the products that match their 

     personality. 4eople wanting to look manly will buy products with a macho appeal, which would

    enhance their image and personality. 4eople, who give emphasis on comfort and care, will

     purchase comfort products and so on. If one wants to emulate a film star his choice will be

    different from others.

    %earnin! an' &emor)

    8very day we are e"posed a wide range of information, but retain only a small portion of 

    it. e tend to remember the information that we are interested in or, that is important to us. In a

    family different member of the family are interested in different types of information which they

    individually retain. Mothers retain information regarding household items. 6ather retains

    information regarding his interest in cars, motor cycles and other ob%ects. Children are interested

    in ob%ects of their interest like amusement parks, %oy rides, -arbie dolls, etc.

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    *ur motives, attitudes, personality filters the information. 9eeping only relevant

    information in our minds and, keeping the others out. his is known as selective retention. e

    retain in our memory only selective information that is of interest to us.

    Information *rocessin!

    All consumers’ analyses and process the information they receive. hese are activities

    that a consumer engages in, while gathering, assimilating and evaluate selective information and

    this reflects on their motives, attitudes and personality and self concept. !ame information can be

    evaluated in a different manner by different individuals. he most common e"ample is a glass

    half filled with a liquid. It can be interpreted as /half empty0 or half full. he first is a pessimistic

    view and the other is an optimistic view of processing the information.

    E+TERN$% EN#IRON&ENT$% F$CTORS $FFECTIN, CONSU&ER -EH$#IOUR 

     Cutura factors

    Cultural factors have the broadest and deepest influence on customer behavior.

    a Cuture

    Culture is the most fundamental determination of a person’s wants and behavior. he

    growing acquires a set of perception, preferences and behavior through a process of sociali(ation

    involving the family and other factors. A child growing up in the America as e"posed to the

    following3 achievement and success, activity efficiency and practically, progress, material,

    comfort, individualism, freedom.

    b Sub cuture

    8ach culture contains smaller sub cultures, or groups of people with shared value systems

     based on common life e"periences and situations. subcultures includes nationality, religions,

    racial groups and geographical regions. Many subcultures make up important market segments,

    and marketers often design products and marketing programs tailored to their needs. hese

    factors will affect her food preferences, clothing choices, recreation activities and career goals.

    6our types of sub culture are differentiated

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     :ationality group3

    It has group or collection of some nation.

    +eligious group3

    It has group of some community peoples

    +acial groups

    ;rouping on their race or caste

    ;eographical area

    ;rouping the buyers on an area wise

    b  Socia cass

    Almost every society has some form of social class structure. !ocial classes are society’s

    relatively permanent and ordered divisions whose members share similar values, interest, and

     behaviours. !ocial class is not determined by a single factor, such as income, but is measured as

    a combination of occupation, income, education, wealth and other variables. !ocial classes show

    distinct product and brand preferences in areas such as clothing, home furnishings, leisure

    activity, and automobiles.

    Socia factors

    Consumer behavior is also influenced by such social factors as reference groups, family

    and social roles and status. Consumer wants, learning, motives etc. are influenced by opinion

    leaders, person

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    b Fami)

    6amily members constitute the most influential primary reference groups shaping a

     buyers behavior, we can distinguish between to families in the buyers’ life. he family is the

    most important consumer buying organi(ation in society and it has been researches e"tensively.

    Marketing are interested in the roles and relative influences of the husband, wife and

    children in the purchase of a large variety of products and services. #usband dominates&5IC,

    automobiles and =. ife dominate&washing machine, carpeting non&room furniture, kitchen

    user soaps, powders. 8qual&vacation, housing, outside.

    c Roes an' status

    A participates in many groups throughout life&family, clubs, and organi(ation. he

     person’s position in each group can be desired in terms of role and status. A role consist of the

    activities that a person is e"pected to perform according to the persons around him.

    (ersona factors

    A buyer’s decisions are also influenced by personal characteristics notably the buyer’s

    age, occupation, economic circumstances, life style and personality and self&concepts.

    a $!e

    4eople buy different goods and services over their lifetime. hey eat by food in the early

    years, most foods. In the growing and mature years peoples tastes in clothes, furniture and

    recreation is also age related.

    b Occu*ation

    4erson’s consumption patterns are also influenced by his occupation. A labour looks for 

    wore clothes, wore shoes, lunch bo"es. A company president will by e"pensive suits, air travel,

    country club, membership marketers try to identify the occupational groups that none above

    average interest in their products and services. Companies can even speciali(ed occupational

    groups.

    c Economic circumstances

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    4roduct choice is greatly affected by ones economic circumstances consist of their 

    spendable income, savings and assets, borrowing power. It economic indicators point the

    recession marketers can take steps to design, reposition and reprise their products. !o they

    continued to appeal to target.

    ' %ife st)e

    4eople coming from the same culture, social class and occupation may lead quite

    different lifestyles. A person’s lifestyle is the person pattern of living in the world as e"pressed in

    the person’s activities.

    e (ersonait) an' sef conce*t

    8ach person has a distinct personality that will influence his buying behavior. -uying

     personality is meaning the persons distinguishing psychological characteristics that lead to

    relatively consist and enduring responses to his environment. 4ersonality can be useful variable

    in analy(ing consumer behavior, provided that personality types can be classified and that strong

    correlation e"ists between certain personality types and products or brand choices.

    (s)choo!ica factors

    A person buying choices are influenced by four ma%or psychological factors motivation,

     perception, learning and beliefs and attitudes.

    a &otivation

    A person has many needs at given time. !ome needs biogenic. hey arise from

     psychological status of tension such as hunger thirst, discomfort, other needs are

     psychologicalogenic. hey arise from psychological status of tension such as the need for 

    recognition esteem or belonging a need become motive when it is aroused to a sufficient level of 

    intensity.

    b (erce*tion

    A motivated is ready to act. #ow the motivated person actually acts in influenced by is

     perceptional at the situation. 4erception is desired as the process by which in individual selects,

    organi(e and interprets information inputs to create a meaningful picture of the world.

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    c %earnin!

    hen people act, they learn describes changes in an individuals behavior arising from

    e"perience. 5earning theory teaches marketer that they can build up demand for a product by

    associating it with strong dives, using motivating cause and priding positive reinforcement.

    ' -eiefs an' attitu'es

    hrough acting and learning, people acquiring beliefs and attitudes. his in turn influence

    their buying behaviour. A belief is a descriptive thought that a persons old about something. these

     beleifs based on knowledge, opinion, or faith. Manufacturers are very interested in the

     beliefs that people carry in their products and services. hese beliefs make product and brand

    image and people act on their images.

    An attitude describe a persons enduring favourable and unfavourable cognitive

    evaluations, emotional feelings and action tendencies towards some ob%ector idea people have

    attitude towards almost every thing, religions policies, clothes, music, food.

    RE#IE/ OF %ITER$TURE

      *verall customer satisfaction is generally considered to be a multi&attribute model

    1oodruff, Cadotte and >enkins,?@B2. Components of overall satisfaction 1!A*=8+A552

    that have been e"amined include product satisfaction 1e.g., *liver ?@@B #omburg and +udolph

    DEE?2, interpersonal satisfaction 1e.g., 5ele and !heth ?@ Manning and +eece DEE?2,

    satisfaction with the price of the offering1e.g., Anderson ?@@F2,and satisfaction with vendor 

     performance 1e.g., !heth ?EGB2

     

    +esearchers have sought greater understanding of the overall satisfaction construct in

    industrial markets by e"amining the phenomenon in different situation. In a study of consumer 

    can be simultaneously satisfied with one or more components of satisfaction related to a specific

    offering while being dissatisfied with other components of satisfaction for that same offering.

    hus, while e"periencing relatively high overall satisfaction, a customer might be e"tremely

    dissatisfied with one or more aspects of that offering.

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    8"tensive research into the factors influencing customer satisfaction has been conducted

    in consumer markets 1e.g., !preng et al.?@@F3 !wan and *liver ?@@? *liver swan ?@@

    Churchil and !urprenant ?@D2, but relatively little such research has been conducted in

    industrial markets. In spite of this dearth of research, 4atterson, >ohnson, and !preng 1?@@G2 find

    that industrial buyers, like consumers, consider multiple attributes when evaluating overall

    satisfaction.

     

    hile industrial buyers weight their %udgments differently than consumers, the

    disconfirmation paradigm is applicable in -D- markets 14atterson, >ohnson and !preng, ?@@G2.

    In the e"pectancy& disconfirmation model of customer satisfaction, the most widely accepted and

    studied model 14atterson, >ohnson and !preng, ?@@G2, customers compare their perceptions of 

     performance 1not ob%ective actual performance2 with their pre&purchase e"pectations to form

     %udgments about the e"perience 1*lshavsky and !preng, ?@@2.

    hen e"pectations are met, i.e., when perceived performance is lose to e"pectations,

    little conscious thought is given to the process. #owever, when perceived performance is higher 

    1lower2 than the e"pected level of performance, e"pectations are said to be disconfirmed. hen

    e"pectations are lower 1higher2 than perceived performance, satisfaction 1dissatisfaction2 is

    e"perienced.

    According to 9einingham, Munn, and 8vans 1DEEB, p. BG2, /both practitioners and

    academics have accepted the premise that customer satisfaction results in customer behavior 

     patterns that positively affect business results.0 hile it is highly argued that retaining current

    customers is easier than attracting new ones, as it would normally cost DE times more to attract

    new customers rather than keeping e"isting ones per Carson +esearch Consulting, Inc. report.

    Continuous customer satisfaction from the offered product will lead to an easy purchase decision

    every time the need for these products and services arises. hus, customers tend to become loyal

    to these providers, where their satisfaction helps to increase customer loyalty, reducing the need

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    to allocate marketing budget to acquire new customers, where their word&of&mouth will also

     bring potential customers, increasing revenue and profit.

    According to #oyer and MacInnis 1DEE?2, satisfied customers form the foundation of any

    successful business as customer satisfaction leads to repeat purchase, brand loyalty, and positive

    word of mouth.

    As positive and negative feelings can coe"ist, customers may like parts of the service while

    re%ecting other parts.

    According to illard #om !atisfaction is the state felt by a person who has e"perienced a

     performance 1or outcome2 that has fulfilled his or her e"pectations. !atisfaction is thus a function

    of relative levels of e"pectation and perceived performanceH8"pectations are formed on the

     basis of past e"periences with the same or similar situations, statements made by friends and

    other associates, and statements made by the supplying organi(ation. 19otler Clarke, ?@G2.

    According to 9ano Model heory of customer satisfaction. -asically 9ano saw three

    types of customer satisfaction3 required 1basic quality also threshold requirements2, more is

     better 1performance quality2 and delighter 1e"citement quality2.

    Customers e"pectations change over time. *ften what was once enough to delight a customer 

    1remote control for a =2 becomes e"pected. *nce a feature is e"pected the organi(ation gets no

    credit for providing it they only risk a negative reaction if they fail to provide it.

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    AndrewMennie,;eneralManager,e;ain 8ver wondered how much customer satisfaction

    is worthJ e all know and accept that it is a strategic goal for all organisations involved in the

    delivery of customer service

    Ket in all my e"perience as a professional in this arena, I have never come across a

    customer services director who could articulate the financial value of customer satisfaction to

    their business. Conversely, I have never met a Customer !ervice 7irector who wasn’t measured

    on it. #ow bi(arre. -ig business is happy to measure it but doesn’t know what it’s worth.

    According to &ichae D. 0ohnson 

    ?2 customi(ation is more important than reliability in determining customer satisfaction,

    1D2 customer e"pectations play a greater role in sectors in which variance in production and

    consumption is relatively low, and

     1B2 customer satisfaction is more quality&driven than value& or price&driven. he authors

    conclude with a discussion of the implications of AC!I for public policymakers, managers,

    consumers, and marketing in general

    According to *

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    According to Thomas %eutbecher /his pro%ect work deals with a customer satisfaction survey,

    conducted in a cafL in downtown #elsinki. he main ob%ective is to find weak points of the

     business from a customer perspective in order to give recommendations for optimising the

    companies performance0.

    ,ossar) Enton)"

    he e"tent to which a customer’s e"pectations of product quality, service quality, and price are

    met.

    oter"

    Customer satisfaction is the measure of how well our 4+*7)C!, !8+=IC8,

    !)44*+ and 8:;A;8M8: are able to meet the customer 848CAI*:!.

    Customer satisfaction is a measure of how well ourH

    4+*7)C!& 4roducts including physical products and services.

    !8+=IC8& Customer service post sale. his includes responding to customer queries and issues.

    !)44*+& +epair, maintenance and upkeep of your products post sales.

    8:;A;8M8:8& 8ngaging with customer, apart from the above mentioned conte"ts 1product,

    service and support2. his includes offering new products, schemes, up&sell and cross&sell.

    ,ar) S. ,oo'man"

    http://www.grin.com/profile/1759/thomas-leutbecherhttp://www.grin.com/profile/1759/thomas-leutbecherhttp://www.grin.com/profile/1759/thomas-leutbecher

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      7efining customer satisfaction is a very important undertakingNone that even the most

    customer&focused companies, fail to do. If we don’t define it carefully, how can we monitor and

    measure it, let alone produce it on a consistent and reliable basisJ

    oter2 (hii*"

      ;oal&oriented, integrated philosophy practiced by producers of goods and services that

    focuses on satisfying the needs of consumers over the needs of the producing company. he

    marketing concept holds that the desires and needs of the target market must be determined and

    satisfied in order to successfully achieve the goals of the producer 

    O-0ECTI#E OF STUDY

      he main ob%ectives of the study is to reveal the customer satisfaction about Acer

    laptop. o study the customers satisfaction towards product quality, price, after sales service of 

    the company. o study the opinion of customers regarding product and services of Acer laptop.

    o study customers perception of product quality.

    o identify the effect of advertisement

    Analy(ing the problem faced by customers in the company.

    o propose recommendations'suggestions for improvement.

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    SCO(E OF THE STUDY

      he scope of the study is limited to !alem town.

    It is focused on the satisfaction of the customers towards AC8+ laptop

    he survey investigates the customer satisfaction on the brands equality, quality, price,

    awareness, and other attitude related to the product towards the company and industry at

    large. his study also looks at customer satisfaction levels on quality of both product and

    service availed.

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     %I&$T$TION OF THE STUDY

    he study restricts itself within !alem town.

    he study assumes that the information was given by the customer without any bios.

    he study is done based on the opinions of the sample taken at random, the si(e of which

    is ?EE.

    he researcher found it difficult to collect the questionnaire, since some of the

    respondents did not give proper response in the sales point.

    he customers did not respond properly during peak hours. he pro%ect was only for B months. !o there was time constraint.

    RESE$RCH &ETHODO%O,Y

     

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    INTRODUCTION

    +esearch Methodology is a systematic way to solve a research problem It includes

    various steps that are generally adopted by a researcher in studying the problem along with the

    logic behind them. he present study was conducted at AC8+ 5A4*4 in !alem town.

    RESE$RCH DESI,N

    /A +esearch 7esign is the arrangement of conditions for collection and analysis

    of data in a manner that aims to combine relevance to the research purpose with the economy in

     procedure0. he research design adopted for the studies is descriptive design. he researcher has

    to describe the present situation in order to know the behavior of the consumers. #ence

    descriptive research study is used. 7escriptive research can only report what has happened and

    what is happening.

     (ERIOD OF STUDY

    he duration taken by the researcher for the data collection and analysis regarding the customer 

    satisfaction of AC8+ 5aptop in !alem town is for three months.

    &ETHOD OF CO%%ECTION

    he study basically uses primary and secondary data. 4rimary data means data which is fresh

    collected data. 4rimary data mainly been collected through personal interviews, surveys etc.

    !econdary data means the data that are already available. ;enerally speaking secondary data iscollected by some organi(ations or agencies which have already been processed when the

    researcher utili(es secondary data the process of secondary data collection and analysis is called

    desk research. !econdary data provides economy in time and cost. It is easily available and

    unbiased. !econdary data may either be published data or unpublished data. 6or this study

    secondary data were collected from the annual reports of the company and from the company

    website. he study depends mainly on the primary data and secondary data namely the te"t

     books, %ournals, newspapers, maga(ines and internet.

    S$&(%IN,

    (O(U%$TION

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