PROJECT REPORT

ON
PRACTICAL STUDIES
AT

“R EGEN T GR AN ITO LIM ITED "

IS SUBMITED TO
V.M PATEL COLLAGE OF MANAGEMENT STUDIES
GANPAT UNIVERSITY
KHERVA

IN PARTIAL FULFILLMENT OF THE REQUIREMENTS

FOR THE DEGREE OF
BACHELOR OF BUSINESS ADMINISTRATION

SUBMITTED
BY
KISHAN B.
ROLL NO: 132
EXAM SEAT NO:

1
V. M . P ate l C oll eg e o f M a n a ge me nt St u die s ,
G a n a p at Vid h ya n a ga r ,
K h e rv a

T h i s i s t o c e r t i f y t h a t M R . K I S H A N P A T EL

OF S . Y. B. B. A c l a s s R O L L N O . 1 3 2 , sa t i s f a c t o r y

c o m p l et e d h i s r e p o r t a t t en d ed i n d u st r i a l vi s i t f o r

p r a ct i ca l st u d i e s d u r i n g t h e a c a d e m i c y ea r 2 0 0 8 -

2 009 .

DATE :

P LA CE :

P RO F E SS O R : P RIN CI PA L

2
 PREFECE
Theoretical study is the body of BBA & practical training is the soul of body
of BBA without soul the body is nothing. Hence, practical training is more useful &
plays role as soul of body for BBA student.

Training is developing environment of industry & business practically in BBA

student .with study of theory there is necessary to doing practical training for more
developing of ideas. Practical training increases our knowledge & skill about business
& management.

As a part of our study I have prepared a project report with a view to

developing ideas or knowledge. We visited company or take practical training. I have
prepared a report is on my classmate visited in company for practical training. I have
visited following one company us under.

In this project, we have tried to financial situations in context of rations and different
organizational processes of Regent Granite India ltd.

3
 A C K N O WL E D GEM E N T

As a part of my study I have prepared report on one company for practical

training. During my visit in this company I have learned & know very useful facts, by
visit & discussing with the officers concerned which is unknown for me.

I am thankful to owners of the company chairman Mr.Ramanbhai Patel

spending his valuable time with me and providing necessary information required. I
am also thankful to our staff for their co-operative behavior.

I am also thankful to our collage authorities for conducting this training. I

would sincerely thank our principal Pro.Krishnaraj chudasama for imparting me an
opportunity to put in the stream of practical management. I would also like to thank
our Pro.Vipul Patel.

Thanking you:

KISHAN B. PATEL
ROLL NO.132
DIV: ’C’

4
 Content
Preface………………………………………………………………………….............
.Ī
Acknowledge ment……………………………………………………………………..
. ĪĪ
Executive summary……………………………………………………………………
ĪĪĪ

CHAPTE
R NO. PARTICULAR P.NO

1. 7
GENERAL INFORMATION

1.1 NAME & ADDRESS OF THE COMPNY 8

1.2 HISTORY & DEVELOPMENT COMPNY 9
1.3 OUR MOTTO 10
1.4 STRACTURE & FORM OF ORGANISATION 11
1.5 CORPORATE INFORMATION 12
1.6 SIZE OF THE UNIT 13
1.7 COMPANY SHARE IN THE INDUSTRY 14
1.8 NAME OF THE COMPITITOR 14
1.9 QUALITY POLICY 15
1.10 QUALITY PRODUCT 16
2. 17
MARKETING DEPARTMENT
2.1 INTORDUCTION 18
2.3 ORGANATIONAL STRUCTURE 19
2.4 MARKET SEGMENMENTATION 20
2.5 PRICING POLICY 21
2.6 DISTRUBUTION CHANNEL 22
2.7 ADVERTISING 22
2.8 RESEARCH AND DEVELOPEMENT 23
2.9 COST AND PRODUCTION 24

5
3. 3.1 25
PRODUCTION DEPARTMENT
3.2 INTRODUCTION 26
3.3 PRODUCTS &MANUFACTURING PROCESS 27
3.4 ORG.STRUCTION OF PRODUCTION 28
DEPARTMENT
3.5 RAW MATERIAL & ITS SOURCES 29
3.6 TECHNOLOGY AND MACHINARY 30
4. 4.1 31
PERSONNEL DEPARTMENT

4.2 INTRODUCTION 32
4.3 ORG. OF PERSONNEL DEPARTMENT 33
4.4 OBJECTIVE OF PERSONNEL DEPARTMENT 34
4.5 RECRUITMENT 35
4.6 SOURCE OF RECRUTMENT 35
4.7 SELECTION PROCESS 36
4.8 PERFORMANCE APPRAISAL 37
4.9 EMPLOYEE’S FACAILITES 38
4.10 TRAINING AND DEVELOPMENT 42
4.11 PROMOTION AND TRAINING 43
4.12 JOB DISCRIPTION 44
4.13 WAGES AND SALARY 45
4.14 FIRE AND SAFTY 46

5. 47
FINANCE DEPARTMENT
5.1 INTRODUCTION 48
5.2 ORGANIZATION OF FINANC DEPARTMENT 49
5.3 FINANCE PLANNING 50
5.4 MGT. OF WORKING CAPITAL 51
5.5 SWOT ANALYSIS 52
5.6 FINDING 53
5.7 DU-PONT CHART 54
5.8 BIBLIOGRPHIY 56
5.9 CONCLUSION 57

6
7
 NAME AND ADDRESS OF THE COMPANY

 NAME OF THE COMAPANY :-

Regent Granito India ltd.

 ADDERESS :-

At & Po.- hajipur, Nr.Sabar Dairy,

N.H.-8, Himmatnagar,
Pin-383 120.
North-Gujarat (India),
Tel.-+91-2772-226247-48 / 226466-67 / 226377.
Fax-+91-2772-226249, 226468.
E- mail -info@regentgranito.com
Website-www.regentgranito.com

8
 HISTORY AND DEVELOPMENT OF THE
COMPANY

Regent Granito (India) Ltd. has got a hi- tech plant, located at himatnagar, 70 kms
away from ahmedbad. This state of the art plant has capacity to produce approx.
14000 sq .mt of vitrified tiles everyday.

Regent has got all world class technologies from different parts of the globe available
for ceramic industries. Regent has started manufacturing 605mm x 605mm size of
vitrified tiles in 2004 which was also equipped by 4280 MT Hydraulic Press, Longest
Kiln at that time and superior policing machine.

Now Regent has added manufacturing capacity by installing world's latest innovative
technology which is going to produce 990mm x 990mm and worlds biggest slab size
tile 2100mm x 1000mm. We have got specially designed and developed hydraulic
press PH6200 and multi layer fast drying machine from SACMI Italy. This machine is
supported by longest roller kiln, which is 200 MT long and 48 head policing line.

Now Regent has become only manufacturer of 2100mm x 1000mm size of vitrified
tile in the world. This product is capable to replace natural marble and granite product
across the globe. Regent it committed to supply best quality of tiles in the Indian and
overseas market and it is already proven in Indian market for last three years. And
now with the new blend of technologies we will be much stronger in the market to
supply quality and innovative tiles.

9
 OUR MOTTO IS………….

To achieve & sustain quality of the production continuously.

To provide confidence in our own organization
To provide confidence and service to our customer as well as suppliers.

This shall be achieved by....

Strictly adhering to the quality management systems for our operations and
monitoring the same periodically for its effectiveness.

Taking timely and effective action to prevent none conformities.

Create the team to train, committed people who is striving forward with ever- growing
technology.

Supplying quality product meeting National/International standard and on early

delivery of products.

“ Har Kadam Par Khusiyan Hi Khusiyan…. “

10
 STRACTURE & FORM OF ORGANAZATION

Mr.Ramanbhai Patel (CHAIRMAN)

Director of Finance Director of Marketing Director of

Production

General General Manager

Manager (Accounts)
(Finance)

Taxation Branch H.R.Manager H.O.Acc.Manager

Manager Manager
(Acc.)

Recruitment Pay Roll

T.D.S, I.T., Service Tax.
F.B.T. Excise, Sales Tax

South Zone North & East West in charge

In charge in charge

Data Reporting
Data Reporting Data Reporting Entry
Entry Entry

Purchase & Sales & Debtors (C-Form)

Banking

11
 CORPORATE INFORMATION

CHAIRMAN

Shree Mr.Ramanbhai Patel

M.D.

Shree Mahendrabhai Patel

DIRECTOR

1) Gandhi Tejas bhai S.

2) Patel Raman bhai K.
3) Patel Kachara bhai R.
4) Patel Alpesh bhai J.
5) Patel Bhavesh bhai D.
6) Patel Chandreshekar P.
7) Patel Haresh kumar J.
8) Patel Hasmukh bhai P.
9) Patel Hasmukh bhai M.
10) Patel Hitesh bhai S.
11) Patel Jigar bhai B.
12) Patel Kirit bhai N.
13) Patel Naresh bhai D.
14) Patel Pradeep bhai D.
15) Patel Jitendra bahi L.
16) Patel Jayesh bhai K.
17) Patel Hashmukh bhai k.
18) Patel Mukesh bhai P.
19) Patel Shailesh bhai M.
20) Patel laxaman bhai J.
21) Patel Apal kumar J.
22) Patel Pravin bhai K.

BANKER

AXIS BANK OF INDIA.

STATE BANK OF INDIA.

12
 SIZE OF THE UNIT

Regent Granito Tiles Ltd is the one of the largest manufacturer of the vitrified tiles
and also cover major portion of total production of this kind of units. Regent plays
major role in total industrial production. For that it needs much more raw material and
also all production resources. As it is manufacturing large so it need much more
amount of investment so it need millions of rupees to be invested. So it is a large scale
company.

It is based on the management theories and also applies the cetire management
concept I their department. Today Regent Granito Tiles Ltd is private company but
soon it is going to be converted in to the public ltd company.

13
 COMPANY’S SHARE IN THE INDUSTRY

Industry mean it is a process of manufacturing raw material in to finished

goods by the changing of quality & structure and becoming them for the use of human
being and accept them by the human being.

Regent Granito India Ltd. holds highest share in the ceramic industry of India.
Regent Granito Tiles Ltd. covers 70% share for the project work & 30% for the
domestic work out of the whole production of industry.

NAME OF THE COMPETITORS

Main competitors
1) Johnson & Johnson
2) Kajaria
3) Somani
4) R.A.K
5) Oreva

Other Competitor

1) Oracle
2) City tiles
3) Asian tiles
4) Kohinoor
5) Alaska
6) Eureka
7) Durato

14
 QULITY POLICY

15
 QUALITY OF PRODUCT

The most beautiful and innovative vitrified tiles for the

Flooring needs of discerning clientele.

Regent offers you different designs, patterns, colors,

quality, lustre get toghere to produce a synergy of the

most functionally beautiful flooring to glance your abode,

So you can say…………..

“Har Kadam Par Khusiyan Hi Khusiyan…. “

16
17
 INTRODUCTION

“Meeting needs profitably”

Marketing is the process of planning and executing the conception pricing, promotion
and distribution of idea goods and services to create exchanges that satisfy individual
and organizational goal

Here Marketing means determining the needs of the customers and converting these
into the wants. The aim of COLOURTEX is not only maximization of the profit but to
satisfied the customers and to stand in competitive market

Marketing is everywhere. Formally of informally, people and organizations engage in

a vast number of activities that could be called marketing. Good marketing has
become an increasingly vital ingredient for business success. And marketing
profoundly affects our day-to-day lives. It is embedded in everything we do-from the
clothes we wear, to the web sites we click on, to the ads we see.

Good marketing is no accident but a result of careful planning and execution.

Marketing practices are continually being refined and reformed in virtually all
industries to increase the chances of success. Marketing is both an art and science
there is constant tension between the formulated side of marketing and the creative
side

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 ORAGANATIONAL STRUCTURE

Director

Marketing President

Dep. General Manager

Senior Manager

Junior Manager

Executive

19
 MARKET SEGMENMENTATION

Market segmentation is a process of dividing the total market for good and service in
to several smaller groups such that member of each group are similar with respect to
the factor that influence demand.

A company decide to operate in a broad market recognize that it normal can not seine
all consume in the market. The consumer are to numerous and diverse in their being
requirement that can serve must effectively market segmentation represent an effort to
increase accompany targeting precision. The Regent Granito India Ltd is exporting
30% in domestic market and 70% in project use.

20
 PRICING POLICY

A price is the amount of money customer has to pay to obtain the distribution
allowances payment period and credit terms.

Pricing governs the very feasibility of any marketing programmes because it is the
only element in a marketing mix accounting for demand as well as income.

Pricing is the most important function of the company because it effects the position
of the company in the share market.

The other elements in marketing mix are promotion, distribution and cost. Price must
equal to the amount of benefits. Any company can decide its pricing policy by
adopting any of the following methods.

(1).DEMAND BASED PRICE.

(2).COST BASED PRICE.
(3).CONCEPTION BASED PRICE.

We know that to decide the price of a product is very difficult for manager but Regent
Granito adopt very easy process for selecting price. Regent granite used cost based
pricing Policy, when the price of raw materials is increased, the price of the product
of this company will also increase. By this way the company decides the price of
product.

21
 DISTRUBUTION CHANNEL

Channel of distribution is one type of the department in of sets of their department in

organization involves in the process of making product or services available for use or
consumption. Regent Granito Ltd. Follows both type of marketing we can easily so
this thing in chart.

Warehouses

Dealer

Retailer

Consumer

ADVERTISING

Advertising as any paid form of non personnel presentation, promotion, of ideas good,
or services by an identified sponsor. The company provides banner attractive boards
for the advertising. They also make all painting on allover demanded area in local
market. The company does the advertisement thought local channel.

Today advertisement plays vital role in promotion of selling of any product.

Broad multinational companies give very thoughtful advertisement on the TV and
other media. In the same way Regent is also a broad company and do the brand
promotion by telling their ideas to general public.

22
 RESEARCH AND DEVELOPMENT

Where R & D is concerned, the focus is bi-pronged First Continuously launch

revolutionary, Pioneering Products and the second is to constant up gradation in
process. By this way it improves both products and features.

Regent Granito Ltd has state of the art manufacturing with latest R & D facilities. It
believes that Research & Development is a continuous process which leads to
innovative new products for valued customers. The plants are under the supervision of
most knowledgeable technical person available in the industries. People in REGENT
are involved in a process of total quality management. The Implementation of this
policy is achieved through the annual continuous improvement plans which define
main objectives towards to customer satisfaction.

23
 COST AND PRODUCTION

It includes cost, which is incurred within the production process. Cost of raw
material
Factory administration overheads and distribution, employee salary, overhand and
include cost and production.

Competitors prices is also factor affecting the price of the product if the price of
the competitors product is high than the product manufacturing such a way that the
price of the product comes lower than competitor’s price.

Price also affected by segmentation. The price also determined by on the base of
segmentation if the product is to be saw in law income group are than its price is kept
law and than its price is high income group was than its price is kept high.

Regent Granito Ltd. Company also takes in to consideration which determining

the price of product be keep in mind the main aim of reasonable cost to cus tomer and
adequate to the company.

24
25
 INTRODUCTION

“Production is the process by which goods and service are created to of the particulars
product”. It means creation of procurement allocation and utilization of resources
such as material, equipment machinery and labor energy, etc.

It needs no exaggeration to say that production marks significant contribution to

society is well being. The standard of living of people depends of prod uction of
function of a product of service requires satisfying customer need want and desires. It
is quite obvious that activities of production system must be closely related to the
customer demand as reflected in the continuous flow order.

Production is important to the individual organization as well it must can income

the organization should sell goods are services, before selling the goods and services
must be created by organization.

26
 PRODUCTS & MANUFACTRING PROCESS

VITRIF IED (605 x 605 MM)

Regent vitrified tiles are made with high purity raw material and fired at high
temperature to give very low water. Absorption (less than 0.05 percentages) and white
of white colored body. They are homogeneous and have exceptionally high
mechanical properties like the strength, abrasion resistance, stain resistance, chemical
and frost resistance and scratch resistance station. When polished their aesthetic
beauty and appearance starches all other material normally used for flooring.

PRODUCT:-

1) Super Series
A). RGL
B). Tomato Red
C). Lemon Yellow

2) Series 01
A) Jet Black
B).Travertino
C).Ocean blue
D). Pista Green
E). Glacier
F). Super White

3) Series 02
A).Mushhroom
B).Jesalmer
C).Teracota
D).RGL 251
E). Wonder

4) Series 03
A).Daino
B).Ivory
C).Torento
D).Pallazio
E).Neptune
F).Venito
G).Brazila
H).Lily

MANUFACTURING PROCESS
27
 Raw materials storage

Bathing

Continues or discontinues grading

Spray draying

Spray drying powder storage

Slewing

Pressing

Draying

Printing

Fairing

Polishing

Fired product storage

Shorting

Packing

Warehouse

28
 ORAGANAZATION STRUCTION OF PRODUCTION
DEPARTMENT

Managing Director

Technical Director

Production Manager

Quality Control Production Supplier Store Department Quality

Assurance

Raw material Department Packing Material Department Finish

Good

29
 RAW MATERIAL & ITS SOURCES

China Clay

Ukraine Clay

Zirconium

Frit

Silica

Kaolin

Feldspar

Soluble Salt

SORCES OF RAW MATERIAL

The raw materials comes from Kutch, saurastra and

also from other local market.

The gas prvided by government from ONGC(GOVT.)

The electricity provided by Gujarat electricity board.

30
 TECHNOLOGY AND MACHINARY

Biggest Ball Mill

Ball mill is used to mix the different raw material to make the homogenous slip for
the spray drier.

The capacity of the ball mill is 32 tons raw material, 16 tons of water, 45 tons of
85%alumina peebles. The milling hour is 6 hours to give the homogenized slurry for
the spray drier.
Generally the composistion of the raw material is white fired ball clay(ukraine ball
clay) imported from Russia, quartz of 99% Silica, Potash feldspar of 12% to 14%
Alkalies, Soda feldspar of 12% to 14% alkalies,strengthening agent,china clay, body
stains imported from Itaca Spain.

We are having total 6 Ball Mills, so the daily production of slurry is more than 300
tons.

Largest Roller Kiln

Kiln is generally used to vitrify the dried tile to give final
size and the fired properties like final shape, size, water
absorption, less porosity, color, stain resistance, fired
strength.

The tiles are fired to 1200 Co with a soaking time of 8 min

in 1200 Co.with 58 cycles, the production is around 8500
m2/day.
The Sacmi Kiln is imported from Spain of 185 metre lenth with working area of 2.65
metre.

31
Polishing Line
Polishing machine makes the tiles completely surface flat
with glossines of greater than 75 gloss value.

The machine consists of pre squaring machine, calibrating

machine of 12 heads to make the surface completely flat,
than passes to the polishing heads consisting of 38 polishing
heads to give the glossiness. Step by step reaching final 75
gloss value, the tile than passes to final squaring &
champering machine to give the perfect squared tile with
jointless lying.
The machine is imported from Kexinda China consisting of pre squaring machine,
calibrating machine consisting of 12 heads, 38 polishing heads, final squaring
machine. The production of the machine is greater than 9500 m2 per day

Pressing machine
The main function of the Press is to give the shape of tile
from the granules.

The tile is compacted using ph 6200 hydraulic press with a

specific pressure of 360 kg/cm2. The green tile is passed
through a 5 layer horizontal to remove the residual moisture
uniformly & also to give dry strength so the tile is able to
move in the glazing line.

The press is ph 6200 Sacmi Press imported from Spain and the no of cavity is 3 tiles.
The press cycle is 6 cycle/min i.e 9500 m2 per day.

32
33
 INTRODUCTION
Human resource or manpower is most valuable things of any organization. We
can define if as a lifeblood of any organization functioning. We can utilize it properly
or at maximum possible extent to achieve organizational as well as individual goals.

Human resource or manpower is assets of any organization. Manpower

management or personnel management is related with the function of recruitment,
selection, promotion, demotion, transfer policy, wages and salary administration,
collective bargaining, union benefits and other activities.

In the opinion of Dun and Stephen’s, “the personnel management is the process
of attracting, holding and motivating people involving all managers- line staff.”

According to Edward Filippo, “ personnel management is the planning, organizing,

and controlling of the procurement, development, compensation, integration,
maintenance and separation of the human resources to the end that individuals.

34
 ORGANATION OF PERSONNEL DEPARTMENT

M.D.
!
Personnel manager
!
Senior office
!
Executive
!
Supervisor
!
Workers

35
 OBEJECTIVE OF PERSONNEL DEPARTMENT

Palph C. Davis has divided the objectives of the personnel management into two
categories.

Primary objectives:

Relate to the satisfaction of community and social objectives.

Relate to the creation and distribution of some goods and services.
Relate to the satisfaction of personnel objectives of an organization.

Secondary objectives:

The continuity of the enterprise.

The effective utilization of people and materials in productive work.
The economic need or usefulness of the goods and services required by the
community / society

36
 RECRUTMENT
Recruitment means the discovering of the potential for actual or anticipated
organization vacancies for meeting the recruitment of staffing schedule.

Recruitment is the crucial part of any personnel department as well as

organization. This play is very significant role in any companies concentrate on such
type of function.

Recruitment refers to connect link between two people those who wise
job and those seeking jobs.

SOURCE OF RECRUTMENT

Now business has wide area so recruitment process is so easy than past year
various sources in the business to procure the employee following sources are so
important of it.

-Advertisement
-Newspapers
-Naukari.com
-Times jobs.com

37
 SELECTION PROCESS
Selection is very important function of personnel department after the
recruitment procedure is finished than important function is selection.

- Model procedure for effective personnel selection.

Reception of applications
!
Preliminary interview
!
Application blank
!
Psychological tests
!
Interview
!
Reference check
!
List of desirable applicants
!
Final selection
!
Physical examination
!
Placement

38
 PERFORMANCE APPRAISAL

Performance appraisal is a systematic evaluation of an employee’s

performance on the job in terms of requirements of the job. Performance appraisal
places emphasis on the development of individual and widely used to evaluate
technical, professional, and managerial as well as personnel.

It is process of measuring varied qualification intellectual and versatility of an

employee.

For an organization for the information it provides is highly usefully in making

decision regarding various increasing.

Regent Granito ltd, the results of individual department are seen by company and
given point to employee in this stale performance appraisal system is using by the
company.

Other important information

1200- Employees working in Regent Granito ltd.

3000- Business counters of Regent Granito ltd.

250- Dealers of Regent Granito ltd.

19- Showrooms of Regent Granito ltd., in India.

The whole plant of Regent Granito ltd. is fully automatic plant.

39
 EMPLOYEE’S FACILITES
The company gives various facilities to the employees. There facilities are
given on normal rate. There facilities are given as under: -

 Canteen facilities
 Helmet
 Medical facilities
 Provident Fund Facilities
 Residential Facility
 Uniform
 Bonus

1. Canteen facilities: -

There is central canteen which is outside the factory premises. Lunch, Tea, Coffee
facility is provided with reasonable rate to all the employees. Company’s officer, they
also take lunch with employees only so this also works as integrity and harmony in
employees.

2. Medical facilities

They do not have dispensary in their organization but they have a provision of this
facility like first aid box. In major accident they send their employees to nearest
hospital.

3. Provident Fund Facility.

Company provides 12% of the monthly salary and a part of it is kept aside.

4. Residential Facility

Company also provides housing facilities to its members. The fifty rooms of quarter
for employees.

40
5. Uniform

Regent Granito provides uniform facility and it’s compulsory for every employee to
wear uniform. Their uniforms are double coated and they are chemical resistant to
some extent also.

6. Bonus.

A bonus is given to the employees during festivals like DEEPAVALI. Bonus is given
in the form of sweets, gifts, and other things are distributed among the employees.

7. Helmet

Helmet is compulsory to employees and also to visitors. For both of the parties helmet
is provided by the company only.

41
 TRAINING AND DEVELOPMENT

TRAINING:-

Training is a process of during a sequence of programmed behaviors.

Training aims at increasing the attitude, skill and ability of workers to perform
specific job persons however capable and competent cannot do his best at job unless
methods of work. Such training is provided to the workers with the object of
increasing their knowledge about the respective jobs also as of enhancing their
efficiency.
The training has two part:

(1) ON THE JOB TRAINING

(2) OFF THE JOB TRAINING
(3) CLASS ROOM TRAINING
(4) LECTURE
(5) THE CONFERENCE

The Regent Granito ltd. gives on the job training to all new employees. the company
gives all new employee basic salary whom are taken training in the company.

Management training provides by private trainer.

42
 DEVELOPMENT:-

Development means develop a particular person, make major changes in his

over all personality. Development refers to a long term process consisting education
base development is systematic process other than training for managerial person
development is systematic and organized procedure by which managerial personal
learn conceptual and heretical knowledge development is indirectly connected with
philosophical educational concepts.

There are also many methods of “Regent Granito Pvt Ltd”. Like case study, role
playing, business game method, incident method and merit method.

43
 PROMOTION AND TRANSFER
PROMOTION:-

It is important method to compromise the level of organization. It is bases on

seniority. By promotion employee is transfer from lower job to higher job by
increasing his authority responsibility, salary and status.

The transfer policy of the “Regent Granito Pvt Ltd.” is a permanent employee can get
promotion after good experience with good report of service. They are giving
promotion on the bases of merits and they are giving promotion as par requirement.

TRANSFER:-

Transfer refers to movement of candidates from one job to another job one
place to another place. Any department in transfer employ’s salary status and
responsibility are not charge but to more job satisfaction to teach more and more to
his employee etc.

The “Regent Granito Pvt Ltd” makes transfer to one employee as per requirement but
in special case they are making transfer of one employee in the form of punishment.

44
 JOB DISCRIPTION
Job description is the of the process of job evaluation. It is the written
summery of given job of he circumstantial various rights responsibilities and
organization relations. This defines job division duties and responsibilities, which
helps to keep away the specific job from other job

For each job of Regent Granito a standard printed Performa is user as job description.

Job introduction: - Name of the job division, subdivision section plant and job
significant number etc. of the employed.
Job Summary: - Full knowledge of job function of jobholders to when he’s
responsible his organizational relationships etc. of the employer.
Job execution:- Limits of main duties and responsibilities of the employees
(4) Facilities of given and received supervision.
(5) Knowledge of working conditions different instruments of the Regent
Granito
(6) Physical and mental qualities for job execution of the employee Regent
Granito

45
 WAGES AND SALARY
Wage and salary of employee is record of employees’ duties. Which is paid
down term of money? This is handless by time office in change under personal
department.

Wages salary is one of the mist important functions of personnel manager.

Concern with the determining sound company required fixing appropriate wage and
salary so. That is the employees get maximum satisfaction from their rewards.

The wage and salary of the employee are determined according to rules
and regulations of the company, monthly payment also paid as per the extra work of
the employee. Certain types of allowances are also paid to the employees. The basis
scale of salary are based on the post of the employees.

46
 FIRE AND SAFTY
SAFETY PRACTICES FOR EMPLOYEES

 Smoking is not allowed in any parts of the factory area.

 Every employee should insist on the observance of safety rules by bellow

employees.

 When any dangerous/unsafe condition is observed, it should be immediately

reported to the concerned supervisor and/or fire and safety section.

 Where walkways are provided use them instead of shortcuts. If you have to
use the roadway, keep the right side so that you can see the approaching
vehicles.

 Exercise can in walking and in moving around your work. Avoid slipping,
tripping or falling. Do not attempt major work while standing on lines or
fittings. Avoid running during normal operations.

 Walking on pipelines is prohibited.

 Do not attempt to operate or set in motion any machine or equipments to

which you are not assigned.

 Never look directly into the are produced while welding without proper eye
protection.

 Do not use defective equipment of any kind.

 Employees should not walk on rail tracks.

 All traffic signs and rules must be complied with at all times.

 All personnel must have knowledge of the fighting.

 Wear shoes in the factory. Do not wear chappal or slippers.

 Every employee should consider it as a part of his duty to take an active part in
all safety works & follow safety rules.

 Before starting any job, ensure that you have obtained the necessary safety
permit or certificate.

 Employees should be careful to clean to clean the job area as soon as work is
completed.

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 TYPE OF SAFETY

 Electrical safety

 Safety in Safety in traffic rules

 Safety in cleaning and maintenance of vessels and pipe lines

 Safety work permit procedures

 Safety in welding, cutting and use of gas cylinders

 Safety in use of ropes, chain and slings

 Safety in use of hand-tools and portable power tools

 handling of LPG gas cylinders

 Safety in material handlings

 Safety in use of scaffolding and ladders

 Safety while work at elevations and below ground level

 Safety in laboratory

 Safety in transportation and storage

 Safety for contractors and their work force

 Safety & co lour

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 CAUSES OF ACCIDENTS

 Rules & instructions not observed

 Improper tools & devices

 Methods used not suitable

 Protective device not used

 Lack of proper inspection and maintenance

 Loose clothing

 Working without an authority

 Use shortcut

 Poor judgment

49
 SAFETY DEPARTMENT

 National safety day is celebrated at the date of 4 th march.

 Safety is become very important with every management, as it has come to

play vital role in the modern development.

 Before many years accident were considered as acts of god and nature.

 Scientific minded people have analyzed accident and have developed a

separate engineering branch of accident prevention. This analysis was required
due to,

 Rising trend of accidents,

 Increased use of machinery,

 Increased materials handling,

 Lack of safety standard,

 Lack of training,

 Better reporting of accidents.

SAFETY

S af e us e of m a n , m at e r i a l s a nd m a ch i n e b y sa f e w o rk t o
a c h i e v e e g o a c c i d e n t s , w h i c h w i l l r e s u lt s h i g h e r
p r o d u c t iv i t y .

50
51
 INTRODUCTION

Finance is essential for any unit established at large or small scale. Finance is
blood of industries and without it is the firm even can not runs more than one day.
Raising finance through right issue of debenture, bonds and other public deposit and
generally practice of big firms.

Finance is base of any industries without sound finance base no company can
run smoothly. So to acquire enough finance managers the many management of
working capital fixed assets coming under the umbrella of finance. Today more
streets is gives to financial management because of whole thing it there is any
manipulation in finance company may be disaffect in future, so now a days executive
think over it how to run the company with minimum investment and finance so to
cope-up these entire requirement is very necessary finance also reveal capital
structure, finance planning etc.

Financial techniques are very useful to find out overall ratio of firms’
profitability, finance revue’s or published true statistical data. How the firms
collection money and how the money collection utilized is known through financial
management. Finance statement discloses the position of company at present.

Finance involves so many functions like investment decision. Investment

decision on include capital, working capital management financing decision the
concerned of the financing decision is with financing mix or capital structure or
leverage another important function of financing management is dividend policy
decision. The main two approaches of financier are profiting maximization approach
and wealth maximization approach this finance involves rest of planning and
organization.

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 Organization of Structure
Of
Finance Department

Chairman
!

President
!

Joint president
!

General Manager
!

Senior manager
!

Senior account office

!

Officer
!

Clark

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 PLANNING OF FINANCE

Financial planning in involves a systematic projection of excepted inflow and

out flow of management. Financial planning is based on the financial requirement of
the organization time to time financial planning is help to determination the demand
organization. Financial activities to be carried on the achieve the basic objective of
firm.

In this unit financial planning are arranged by the finance and account department.

The “Regent Granito Pvt. Ltd.” Finance managers do financial planning this
unit frames excellent financial planning for achieve present financial planning relates
with arrangement of funds for medium terms and short i.e. working capital in the
business is as much more important as long term capital. These financial planning is
based on accurate forecast of future trends. Intelligent forecasting and planning made
this unit to face the future importable ventures.

54
 MGT. OF WORKING CAPITAL

There is a need of working capital in a firm to deal with to immediate

problems. We can also say that working capital is necessary to cope-up day by day
occurring expenses. Working capital can be divided into two parts.

Gross working Capital

Net Working Capital

Gross Working Capital

Gross working capital prefers to current assets of the firm while net working capital
management refers to current assets less current liability.

Gross working capital refers to the firm’s investment in current assets are the assets
which can be converted into cash within an accounting year and include cash, short
term security, debtors, bills receivable and stock.

2) Net Working Capital

Net working capital refers to the difference between current assets and current
liabilities.

Symbolically
NWC = CA-CL
Where NWC = Net Working Capital
CA = Current Assets
CL = Current Liabilities

 Working capital includes three components.

a) Inventory Management

b) Receivable Management

c) Cash Management

55
 Inventory Management

The term invention induces raw material in process fished packing, spares and other
stock in order to meet an unexpected demand in the future.

Inventory management involve the development and administration of policies,

system and procedures which will minimize total costs relative to inventory decision
and related function such as customer, service, requirement, production, scheduling
purchasing traffic etc.

Receivable Management

Receivable arises out of credit transaction of the company sales its products on credit
then the management of receivables is needed. This unit frames credit policy for
receivable management which includes credit standards credit period cash discount
collection efforts.

 Cash Management

Cash is most liquid current asset cash management is only of the key areas of working
capital management receivable and inventories get eventually coverted into cash. So
there must the cash management department in an organization

56
 SWOT ANALYSIS

Strength

 Production and Finance Department are very efficient.

 They are having plant with better quality and production.

 The firm has strong position in export market and it has benefit of improved
images through exporting.

Weakness

 Lack of scientific marketing research.

 Marketing Department is comparatively weak than other departments.

Opportunities

 The company has opportunities of capturing major part of the branded market
by looking at good response they can get from the state of Gujarat.

 They can make their product range wider.

Threats
 Increasing competition.

 Increase in price of raw material.

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 FINDIND

MARKETING

 Full range of product line and product variants.

 Value for money approach in pricing .

 Has a strong position in Export market.

 Strategic synergy among current products in consumers and distribution

network, targeting and pricing.

HUMAN RESOURCE

 Self trained experienced and competent staff.

 Low employee turnover due to high loyalty and satisfaction among staff.
 Good labor relations.

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PRODUCTION

 Efficient utilization of plant and machinery.

 Flexibility to introduce new variants.
 Low manufacturing cost.
 “Export Quality” production facilities

FINANCE

 Dept. is maintained very well.

 They have differently settled the accounting dept. for proper mgmt. of finance.
They raise finance from Banks like State Bank Of India, IDBI and other
financial institution.

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 DU-PONT CHART

DU Pont Company of US has introduced a system of financial analysis.

The main objective to count this DU Pont chart is to kno w how much should be the
return on total assets.

Net Profit Net Sales

/
- Net Profit

Net Sales Total Cost

Return on *
Total
Assets

Fixed assets

Net Sales

Total assets / Investment

turnover

+ Total Assets

Current assets

Interpretation

The Do Pont Chart Shows that a number of factors contribute to the final rate
of return on capital employed. Change in any factor affects the final rate of return.

60
 BIBLIOGRAPHY
Books
o Philips kotler. “Marketing management”, 12 th edition. By
Dorling publishing company ltd.

o Khan & Jain. “Financial Management”, 2th edition, by Tata

McGraw-Hill Publishing Company ltd.

o Prasanta Chandra. “Financial Management”, 5th edition, by

Tata McGraw-Hill Publishing Company ltd.

o C.B.Mamoria. “Personnel Management”12th edition, by

Himalaya publishing company ltd.

Websites
o www.regent granito.com

o www.ceramic industry.com.

o Search engine like: www.google.com.

Magazines
o India Today

o Business Today

Newspapers
o Business standard

o Economic times

o Times of India

61
 CONCLUSION
The “REGENT GRANITO PVT LTD.” has large unit at Sabarkatha
district after studding different department of the company I am concluding some of
the result from it, which are as under.

Looking to the personal department of the unit we can conclude that it is maintaining
a very good relationship with its employee. So they do not have any complain against
the management of the unit. The management is proving all facilities and hear the
complains of employee and try to solve problem and take suggestion of the employee.

Having a details study of the marketing department that under the guidance of very
experienced managers the unit is enjoying a great market share. This unit is constantly
remaining in touch with the consumer and also always been ready to solve their
problems.

It is not sufficient for any company that its relation with its personnel
is good and its market position is good but along with the finance must also be good.
The unit maintaining a good financial position because of good relationship with
bank, debtors, creditors and other. The unit is having good financial position.

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