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A STUDY ONCUSTOMER SATISFACTION TO WARDS SAMSUNG

A STUDY on CUSTOMER
SATISFACTION
Towards SAMSUNG
Submitted in partial fulfillment of the requirement
Of the award of the degree of

BACHELOR OF BUSINESS MANAGEMENT

2013-2014
BY

Under The Guidance Of

BRINDAVAN COLLEGE
2ndcross,Bhoopsandra, RMV extension,2nd
Bangalore 560 027

TABLE OF CONTENT
BRINDAVAN COLLEGE
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1 Chapter 1:

Introduction 05-24

2 Chapter 2:

Research Design 25-30

3 Chapter 3:

Company Profile 31-67

4 Chapter 4:

Data analysis and interpretation 68-92


5 Chapter 5:

Summary of findings and 93-95


conclusions
6 Chapter 6:

Recommendations and 96-99


suggestions
7 Chapter 7:

Appendices And Annexure 100-106


8 Chapter 8:

Bibliography 107-108

TABLE OF THE GRAPH


TABLE. TITLE OF THE GRAPH PAGE. NO
NO

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1. Graph Showing Monthly Income of Respondents 69-70

2. Graph Showing From Where Respondents Get 71-72


Information About Samsung

3. Graph Showing Total Number Of Brands 73-74


Considered Before Buying Samsung Products

4. Graph Showing Time Taken For Final Decision To 75-76


Buy Samsung Products By The Respondents

5. Graph Showing Who Makes The Final Decision To 77-78


buy The Samsung Product

6. Table Showing How Often The Samsung Product is 79-80


uded by the respondents

7. Graph Showing number of users of Samsung 81-82


Products in a Family

8. Graph Showing how the Responde0nts rate the 83-84


new technology in a Samsung Product

9. Graph showing how often the Respondents go for 85-86


service
10. 87-88
Graph showing the quality of Samsung Products
11. 89-90
Graph showing the rate of the Samsung Product
concerned with Price.
12. 91-92
Graph showing satisfaction of respondents
regarding service of Samsung Products

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TABLE OF CONTENTS
TABL TITLE OF THE GRAPH PAGE. NO
E NO
1. Table Showing Monthly Income of Respondents 69

2. Table Showing From Where Respondents Get 71


Information About Samsung

3. Table Showing Total Number Of Brands Considered 73


Before Buying Samsung Products

4. Table Showing Time Taken For Final Decision To Buy 77


Samsung Products By The Respondents

5. Table Showing Who Makes The Final Decision To 79


buy The Samsung Product

6. Table Showing How Often The Samsung Product is 81


uded by the respondents

7. Table Showing number of users of Samsung 83


Products in a Family

8. Table Showing how the Respondents rate the new 85


technology in a Samsung Product

9. Table showing how often the Respondents go for 87


service
10. 89
Table showing the quality of Samsung Products
11. 91
Table showing the rate of the Samsung Product
concerned with Price.
12. 93
Table showing satisfaction of respondents regarding
service of Samsung Products.

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CHAPTER-1

INTRODUCTION

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About the mobile industry

The history of mobile phones charts the development of

devices which connect wirelessly to the public switched

telephone network. The transmission of speech by radio has a

long and varied history going back to Reginald Fessenden's

invention and shore-to-ship demonstration of radio telephony,

through the Second World War with military use of radio

telephony links. Hand-held radio transceivers have been

available since the 1940s. Mobile telephones for automobiles

became available from some telephone companies in the

1940s. Early devices were bulky and consumed high power and

the network supported only a few simultaneous conversations.

Modern cellular networks allow automatic and pervasive use of

mobile phones for voice and data communications.

In the United States, engineers from Bell Labs began work on a

system to allow mobile users to place and receive telephone

calls from automobiles, leading to the inauguration of mobile

service on 17 June 1946 in St. Louis, Missouri. Shortly

after, AT&T offered Mobile Telephone Service. A wide range of

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mostly incompatible mobile telephone services offered limited

coverage area and only a few available channels in urban

areas. The introduction of cellular technology, which allowed re-

use of frequencies many times in small adjacent areas covered

by relatively low powered transmitters, made widespread

adoption of mobile telephones economically feasible.

The advances in mobile telephony can be traced in

successive generations from the early "0G" services like MTS

and its successor Improved Mobile Telephone Service, to first

generation (1G) analog cellular network, second generation

(2G) digital cellular networks, third generation (3G) broadband

data services to the current state of the art, fourth generation

(4G) native-IP networks.

Motorola and Bell Labs raced to be the first to produce a

handheld mobile phone. That race ended on 3 April 1973

when Martin Cooper, a Motorola researcher and executive,

made the first mobile telephone call from handheld subscriber

equipment, placing a call to Dr. Joel S. Engel of Bell Labs. The

prototype handheld phone used by Dr. Martin Cooper weighed

2.5 pounds and measured 9 inches long, 5 inches deep and

1.75 inches wide. The prototype offered a talk time of just 30

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minutes and took 10 hours to re-charge.John F.

Mitchell, Motorola's chief of portable communication products

and Martin Cooper's boss in 1973, played a key role in

advancing the development of handheld mobile telephone

equipment. Mitchell successfully pushed Motorola to develop

wireless communication products that would be small enough

to use anywhere and participated in the design of the cellular

phone.

Mobile phone History in India

History:

Telephone services in India begun in a small scale with the

commissioning of a 50-line manual telephone exchange in 1882

in Kolkata. This was less than five years after the invention of

the telephone by Alexander Graham Bell. India had approx.

82,000 telephone connections at the time of independence

(1947) and by 1984 the number of connections had slowly risen

to 3.05 million. India's telecom network was notoriously

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unreliable and only available to a small section of households

along with the corporate sector. The telecom sector was a

government monopoly until 1994 when liberalization gradually

took place. Cellular service was launched in November 1995 in

Kolkata.

Expanding Network:The Indian telecom industry has grown

rapidly during the last few years but has witnessed a

substantial fall in growth more recently. India has the third

largest (based on the total number of fixed/mobile subscriber

lines) telecom network in the world and the second largest

mobile network with 865

million subscribers at the end of 2012. Revenue from fixed and

mobile services amounted to an estimated Rs 880 bn in fiscal

year 2005. National long distance (NLD) and international long

distance (ILD) service revenues grew to an estimated Rs 93 bn

in the same year

The government had set a target under the Bharat

Nirman program, to connect all the remaining villages without

telephone services, basically VPT's (Village Public Telephones),

by the end of 2009.

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Mobile:

While the mobile subscriber base is still growing in the millions

per month, the number of landlines is gradually decreasing.

Overall telecom subscriber penetration increased to 73 % at

the end of Nov 2012.The FDI cap in the telecom sector is

currently 74 %. UK's Vodafone Group recently acquired a 52 %

stake in Hutchison Essar, India's fourth largest mobile service

provider. Bharti Airtel is the first Indian operator to exceed a

subscriber base of 50 million.

Telecom Manufacturing:

A growing number of telecom companies have set up

manufacturing facilities for the production of mobile phones

and other telecom equipment to cater to India's growing

telecom market and exports too. Nokia's plant, located in a

Special Economic Zone (SEZ) at Sriperumbudur near Chennai,

manufactures mobile handsets and network infrastructure

equipment incl. base stations. Nokia's plant produces ca 8 m

handsets a month. Slews of other telecom equipment

manufacturers already have or are in the process of setting up

production facilities in the same zone. These include Aspocomp

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Group (HDI printed circuit boards), Perlos (handset

mechanics/mouldings)Salcomp(mobile

phonechargers), Motorola (mobile handsets), Foxconn (mobile

phones), Flextronics (mobile handsets, base stations and other

electronic items), Sanmina-SCI (network components), Jabil,

Laird (antennas, battery packs and EMI shielding products) and

Wintek. Elcoteq's telecom plant located near Bangalore

manufactures handsets among others. Samsung

Electronics' mobile handset plant is located in

Gurgaon,nearDelhi.

Alcatel and Ericsson manufacture base station and mobile

switching equipment at plants located in Rae Bareli and Jaipur

respectively.

BPLTelecom manufactures GSM phones and LG Electronics

India produces GSM phones in a plant near Pune. Kolkata

based Xenitis Group plans to set up a mobile phone

manufacturing facility located near Kolkata.

Mobile handsets account for 26 % of the total telecom

equipment industry in India. The lion's share was held by the

carrier equipment business while the enterprise equipment

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segment accounted for the remaining 14 %. The market size of

the telecom equipment industry grew to Rs 954 (ca USD 22 bn).

Mobile Network Statistics

India's Largest Telecom Operators as on Aug 31, 2011

Subscriber Base
Operator
(millions)

Bharti Airtel 172

Reliance Communications 146

Vodafone Essar 144

Idea Cellular Ltd. 98

Bharat Sanchar Nigam Ltd. 95

Tata Teleservices Ltd. 89

Aircel /Dishnet 59

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Wireless Subscribers (in millions) in the Four Metros as

on Dec 31,

2010

City Total Operators


Bharti Airtel, Aircel,

Vodafone Essar, MTNL,

Delhi 39.8 Idea Cellular, Reliance,

Sistema, Etisalat/Allianz

and Tata Teleservices


Loop Mobile, Aircel, Idea

Cellular, Vodafone Essar,

MTNL, Bharti Airtel,

Mumbai 31.7 Reliance, Sistema,

Etisalat/Allianz, Uninor,

Videocon and Tata

Teleservices

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Aircel, Bharti Airtel,

Vodafone Essar, BSNL,


Kolkata 22.6
Uninor, Reliance, Sistema

and Tata Teleservices


Aircel Cellular, Bharti

Airtel, Vodafone Essar,


Chennai 11.4*
BSNL, Reliance and Tata

Teleservices

SOME FACTS & FIGURES ON INDIAN TELECOM

Number of telecom (mobile and landline) subscribers: 896

million (as on 31.12.12)

Number of fixed line subscribers: 30.8 m (as on 31.12.12)

Number of cellular (GSM, CDMA and WLL-Fixed) subscribers:

~865 m (as on 31.12.12)

Number of broadband subscribers: 15.0 m (as on 31.12.12)

Number of GSM cellular subscribers: 658 m (as on 31.1.13)

Number of CDMA cellular subscribers: 155 m (as on 31.12.09)

Overall teledensity: 733/1000 inhabitants (as on 31.12.12)

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Number of PCO's (Public Call Offices): 5.5 m (as on 31.12.09)

Number of VPT's (Village Public Telephones): 0.55 m (as on

31.3.06)

More telecom at the Department of

Telecommunications network status page.

Total revenues of telecom service providers (2005-06): Rs. 880

bn

Telecom equipment production (2007-08): Rs. 954 bn

Mobile handset market (2009): estimate Rs. 300 bn

Currency: 1 USD equals approx. 55 Indian Rupees (Rs)

Govt. Telecom Links

DOT - Department of Telecommunications

BSNL Telecom Network Statistics

BSNL - Bharat Sanchar Nigam Ltd.

TRAI - Telecom Regulatory Authority of India

VSNL - India's public sector overseas telecommunications

provider

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Top

TELECOM NEWS

Indian Telecom News

Indian Bandwidth

VOICE & DATA (India)

Top

FIXED LINE OPERATORS

Public Operators

BSNL Units

Calcutta Telephones (under BSNL)

Chennai Telephones (under BSNL)

MTNL - Mumbai and Delhi

MTNL Mumbai

MTNL Delhi

Private Operators

Tata Teleservices

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Operates in Andhra Pradesh, Delhi, Gujarat, Karnataka and

TamilNadu,Maharashtra

Bharti Tele-Ventures Ltd

Operates in Delhi, Haryana, Madhya Pradesh, Tamil Nadu and

Karnataka.

Reliance Infocomm

India's largest CDMA mobile operator with some 10 million

subscribers

HFCL Infotel

HFCL Infotel operates in Punjab and Chandigarh

WIRELESS (GSM/CDMA) SERVICE PROVIDERS

GSM Network Coverage >>

Tata Docomo

Sistema ShyamTeleServices Ltd.

Operates currently in Rajasthan, Tamil Nadu and Kerala and

plans to cover all the circles by end-2010.

Reliance Communications

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BSNL - Bharat Sanchar Nigam Ltd.

MTNL

Provides cellular service in Delhi and Mumbai.

IDEA Cellular

Operates in Gujarat, Maharashtra, Goa, Andhra Pradesh,

Madhya Pradesh, Haryana, Kerala, Chhattisgarh, Himachal

Pradesh, Uttaranchal, Uttar Pradesh (West) and Delhi.

Aircel Ltd

Operates in Assam, North Eastern states, Orissa, West Bengal,

Jammu & Kashmir, Tamil Nadu (incl. Chennai) and Puducheri.

Bharti Airtel

Provides mobile phone service in all the 23 circles of India.

Loop Mobile

Loop Mobile's cellular network coverage includes Mumbai.

Vodafone Essar

Provides mobile phone service in 16 circles.

Spice Telecom

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Provides mobile phone services in Karnataka and Punjab.

AircellDigilink

Operates in Uttar Pradesh (East), Haryana and Rajasthan.

Virgin Mobile India

Uninor

ABOUT SUBJECT

Customer satisfaction

A term frequently used in marketing, is a measure of how

products and services supplied by a company meet or surpass

customer expectation. Customer satisfaction is defined as "the

number of customers, or percentage of total customers, whose

reported experience with a firm, its products, or its services

(ratings) exceeds specified satisfaction goals." In a survey of

nearly 200 senior marketing managers, 71 percent responded

that they found a customer satisfaction metric very useful in

managing and monitoring their businesses.

It is seen as a key performance indicator within business and is

often part of a Balanced Scorecard. In a competitive

marketplace where businesses compete for customers,

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customer satisfaction is seen as a key differentiator and

increasingly has become a key element of business strategy.

"Within organizations, customer satisfaction ratings can have

powerful effects. They focus employees on the importance of

fulfilling customers expectations. Furthermore, when these

ratings dip, they warn of problems that can affect sales and

profitability. These metrics quantify an important dynamic.

When a brand has loyal customers, it gains positive word-of-

mouth marketing, which is both free and highly effective."

Therefore, it is essential for businesses to effectively manage

customer satisfaction. To be able do this, firms need reliable

and representative measures of satisfaction.

"In researching satisfaction, firms generally ask customers

whether their product or service has met or exceeded

expectations. Thus, expectations are a key factor behind

satisfaction. When customers have high expectations and the

reality falls short, they will be disappointed and will likely rate

their experience as less than satisfying. For this reason, a

luxury resort, for example, might receive a lower satisfaction

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rating than a budget moteleven though its facilities and

service would be deemed superior in 'absolute' terms."

The importance of customer satisfaction diminishes when a firm

has increased bargaining power. For example, cell phone plan

providers, such as AT&T and Verizon, participate in an industry

that is an oligopoly, where only a few suppliers of a certain

product or service exist. As such, many cell phone plan

contracts have a lot of fine print with provisions that they would

never get away if there were, say, a hundred cell phone plan

providers, because customer satisfaction would be way too low,

and customers would easily have the option of leaving for a

better contract offer.

IMPORTANCE AND OTHER RELEVENT ASPECT

The importance of customer satisfaction is apparent when you

realize that, without customers, you don't have a business. A

single unsatisfied customer can send more business away from

your company than 10 satisfied customers. The more you focus

on customer retention and customer support, the more long-

term business you'll get. It's worth it to focus on customer

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satisfaction strategies, no matter how large or small your

company is.Understandingthe needs of the customer is critical.

A business relationship, just like any other relationship, relies

on both people getting their needs met. No matter what type of

business you are in, all customers want the same thing. They

want to feel welcomed and appreciated by you and your staff.

They don't want to get the impression that they are just being

used by you for money. Small interactions like "Thank you" and

a nice smile can go a long way toward customer satisfaction.

Make sure your employees operate with the same

principles.A big part of customer satisfaction is reliability. If

customers come to expect a certain mode of behavior from you

and your employees, you should deliver it to them each and

every time. Customers want to be able to rely on you. They

expect consistent delivery times (if applicable) and support. By

training your employees to treat all customers with the same

respect, your customers will all have the same experience with

your company, which will increase customer satisfaction.

Be honest when you don't meet expectations.Customer

satisfaction is at its most important when something goes

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wrong in the chain of delivery. Whether a customer was double

charged or didn't receive what she ordered, your employees

need to handle the situation with the utmost care. Your

employee should apologize and take steps to rectify the

situation. The phrase "the customer is always right" is at the

core of a good customer satisfaction strategy. It doesn't matter

whether or not the customer misread the instructions or made

the mistake; your employee should take steps to make the

customer happyCustomer satisfaction is the foundation of a

good business.Satisfied customers will make a great foundation

for return business, and they may also bring in their friends and

associates. Remember that customers are the heart of any

business. Keep them satisfied, and encourage them to tell their

friends about their experiences with your businesssometimes

companies are misguided by the notion that customers depend

on them. The truth of the matter is that we very much so

depend on them. Many researchers and academia have

highlighted the importance of customers in todays market.

The level of satisfaction a customer has with a company has

profound effects. Studies have found that the level of

customers satisfaction has a positive effect on profitability:

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2A totally satisfied customer contributes 2.6 times as much

revenue to a company as a somewhat satisfied customer.

A totally satisfied customer contributes 17 times as much

revenue as a somewhat dissatisfied customer.

A totally dissatisfied customer decreases revenue at a rate

equal to 18 times what a totally satisfied customer contributes

to a company.

Research has shown that when a person is satisfied with a

company or service they are likely to share their experience

with other people to the order of perhaps five or six people.

However, dissatisfied customers are likely to tell another ten

people of their unfortunate experience. With social media

readily available for consumers to tell their story to all of those

online, you can easily go to Twitter or Facebook and read about

someones experience with a company or service.

Eg: I learned the importance of customer satisfaction when a

customer came into the coffee shop I was working at and said,

Id like to order a sandwich and chips to go, please. The store

manager who was working at the

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time replied, Sorry, we dont start selling lunch for another 5

minutes. You can get back in line and order again. She was a

little thrown off by his response, as was I. Are you serious?

She gave him a stare and then left. The importance of customer

satisfaction can have an impact on your business and if you

dont start paying attention youll lose an opportunity to make a

customer happy.

Ascertaining Critical Incident AtVocatus, the measurement of

customer satisfaction is embedded in a hierarchical data

gathering design that can be extended in a modular fashion. In

addition to overall satisfaction, we initially ascertain satisfaction

with all the relevant customer interfaces.

For selected 'critical' customer interfaces there then follow a

detailed analysis of customer satisfaction, using a clearly

operationalised list of criteria. At the 'lowest' level, we use open

questions to ascertain the critical (i.e. positive as well as

negative) experiences each customer has. Sophisticated

filtering in our questionnaires permits us to find out about each

customer's individual experiences.

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Relevant Benchmark Data

In order to be in a position to assess the level of customer

satisfaction that has been ascertained, one mustn't only look at

one's own performance. It should also be rated in relation to

the relevant competition. If the benchmark data is gathered

within the context of the same study, this guarantees that the

comparison data is relevant and up-to-date.

ChangingDemands

Customer satisfaction surveys are typically repeated at given

intervals, because only then is it possible to check the

effectiveness of the measures that have been deduced. It is

also vitally important here to analyse the change in customers'

demands over time, so as to duly adjust one's own products

and services.

In most sectors it can be established that customers' demands

relating to products or services are constantly rising and/or that

different customer segments also have differing expectations of

you. Thus, for example, it is the case in some sectors that good

service is less and less able to compensate for high prices over

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the course of time, or the particularly valuable customer

expects correspondingly better service.

How People See Themselves and How Others see them one

effective addition to the customer survey is to survey one's own

staff. In such cases, staffs who are in direct contact with the

customer (dealers, sales, customer care) are likewise asked

about customer satisfaction within the framework of the

customer survey.

Contrasting customer satisfaction from the staff perspective

(how people see themselves) with actual customer satisfaction

(how others see them) often shows up significant differences,

and makes a major contribution to the acceptance of necessary

changes within the company.

Results that Relate to Practicewe use our analyses to produce

clear, cause-related, and action-oriented suggestions. They

allow you to immediately and directly improve the customer

relationship where it's formed and experienced.

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CHAPTER-2

RESEARCH

DESIGN
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TITLE OF THE PROJECT:

The title of the study or the project work is entitled A STUDY

ON CUSTOMER SATISFACTION TOWARDS SAMSUNG

STATEMENT OF THE PROBLEM

Research problem is selected for the purpose of this project to

study the consumer behaviour in relation to their perceptions,

attitudes, preference, expectations, satisfaction, and

dissatisfaction with reference to the Samsung.

Objective of the study:

1. To know the customers satisfaction level of Samsung

Company.

2. To find out factors influencing while choosing a branch.

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3. To find the general problem faced by existing Samsung

customers.

4. To find the customers attitude towards Samsung services.

5. To study how the satisfaction level varies from one group

to other.

SCOPE OF THE STUDY:

1) It helps to know that which publicity media gives maximum

retention to the customer.

2) The study also helps the company to improve their standard

of service and handle the competition in the near future.

3) It also helps in putting possible improvement, additions and

new strategies and offers the customers.

4) It also puts a detailed insight into the different aspect of the

company such as manufacturing, marketing sales, production

and services etc.

LIMITATION OF THE STUDY:-

The limitation of the study are as follows:-

1) The study pertains to only one branch of the Samsung due

to the limitation of time frame.

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2) Findings are based on the records available at the

Samsung Company and the information provided by the

corporation.

3) This study is restricted to customers only.

4) Sample size is restricted to 80 respondents only due to the

time constraints.

METHODOLOGY OF STUDY

These aspects have been thoroughly discussed and

based on the findings of the study conclusions were drawn and

recommendations were made to the Samsung.

The views of various authors who all have authority in the -field

of the study were presented in this report for due consideration

for their implementation. The expected contribution from the

study is to help the organization to implement the suggestions

in this report so that it can contribute towards the improvement

in service and quality.

Researches method :

Instruments: Questionnaire.

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Questionnaire :questionnaire is a list of question or statement

pertaining to an issue or program.It is used for studying the

opinions of people. It is commonly used in opinion poll.

SOURCES OF DATA:

For the purpose of this study, data from two sources have been

gathered namely:-

(1) Primary Source

(2) Secondary Source

Primary data:- are original source, which are collected directly

from the respondents. This information is collected through

questionnaire, personal interview and through observation.

Secondary data:- are those that containing data which have

been collected and compiled for another purpose. These

sources consist of readily available information and already

complied statistical statement whose data may be used by the

researchers for their study.

The secondary sources includes Annual Reports, Journals,

Articles as well as magazines and manuals.

RESEARCH INSTRUMENT:

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The different instruments are used to analyze the data, they

are:

QUESTIONNAIRE

The questionnaire includes multi choice answers to be chosen

by the respondents.

TABLES

This study uses tables represents the data from the various

customers, they are represented both number of samples and

percentage.

GRAPHS

The study also employs graphs to represent the data in the

table to give better impression and interpretation of percentage

in the table. The graphs used are Bar graph.

PLAN OF ANALYSIS

Since a structured questionnaire was used, data classification

was done easily. The data was grouped easily under various

heading. This readily revealed the buying behaviour towards

Samsung Company. Tables were used for tabulating.

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CHAPTER-3

COMPANYPROFIL

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HISTORY

For over 70 years, Samsung has been dedicated to making a

better world through diverse businesses that today span

advanced technology, semiconductors, skyscraper and plant

construction, petrochemicals, fashion, medicine, finance,

hotels, and more. Our flagship company, Samsung Electronics,

leads the global market in high-tech electronics manufacturing

and digital media.

Through innovative, reliable products and services; talented

people; a responsible approach to business and global

citizenship; and collaboration with our partners and customers,

Samsung is taking the world in imaginative new directions.

Samsung Heavy Industries Co., Ltd. is a shipbuilding and

engineering company headquartered in Seoul. It was founded

in August 1974. Its principal products are bulk carriers,

container vessels, crude oil tankers, cruisers, passenger ferries,

material handling equipment steel and bridge structures. It

achieved total revenues of 13,358.6 billion won in 2011 and is

the world's second-largest shipbuilder by revenues

(after Hyundai Heavy Industries).

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Samsung Heavy Industries is listed on the Korea Exchange

stock-exchange (number 010140)

BRIEF HISTORY

Lee Byung-Chull established Samsung in South Korea way back

in 1938. He began in business by exporting vegetables, fruits

and dried fish in Seoul. In 1950 when the communists attacked

South Korea he lost a large art of his business and fortune. He

moved to Suwon in 1951 and in just 2 years was able to

increase his company staff and increase turnover by 2000%.

His first production factory, a sugar processing plant, was built

in 1953 just after the war but he continued as a dealer vending

goods. He branched out to open outlets for commercial

purposes as well as selling insurance and securities.

Samsung Electronics was established in 1969 with the support

of South Korea's President, Park Chung-hee. Financial

assistance was provided when necessary and he even

prohibited foreign companies doing business in South Korea.

This eliminated rivalry and allowed Korean companies to grow.

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Park Chung-hee allowed some foreign businesses into South

Korea, on the understanding that they provide the skills,

knowledge and technology to South Korea. This helped

Samsung Electronics in many ways and enabled the company

to create electronic chips and boards.

Soon after, Samsung created its own electronic appliances -

freezers, refrigerators, air conditioners and washing machines.

They started exporting

them to Canada and other foreign countries. Deciding to branch

out and enter into the communications industry, the company

borrowed money and started to manufacture televisions and

audio apparatus in the early part of 1970. Samsung also

opened his own TV channel, Tongyan Broadcasting Company in

the 70s. That same year, the company created another division

concentrating on heavy industrial developments like home

electronics, oil refineries and shipbuilding. Consequently, other

divisions were established like Samsung Precision Company,

Samsung Heavy Industries Company and Samsung

Shipbuilding.

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Samsung continued to grow throughout the 80s and became

successful in all the industries it had ventured. But Byung-Chull

did not stop from there and carried on venturing into other

markets such as genetic engineering, aerospace and even

nanotechnology.

The company started building bigger manufacturing plants for

its appliances and electronics from 1982 and 1987 in New York,

New England and Portugal. Serving his company for 50 years,

Lee Byung-Chull died in November 19, 1987 and his position

was taken by his son, Kun-Hee Lee.

To date, the company continues to grow with 26 divisions and

75,000 employees. It has also become a great brand name for

home appliances and gadgets.

From its inception as a small export business in Taegu, Korea,

Samsung has grown to become one of the worlds leading

electronics companies, specializing in digital appliances and

media, semiconductors, memory, and system integration.

Today Samsung's innovative and top quality products and

processes are world recognized. This timeline captures the

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major milestones in Samsung's history, showing how the

company expanded its product lines and reach, grew its

revenue and market share, and has followed its mission of

making life better for consumers around the world.

1938 to 1970

In 1938, Lee Byung-chull (19101987) of a large landowning

family in the Uiryeong county came to the nearby Daegu city

and founded Samsung Sanghoe , a small trading company with

forty employees located in Su-dong (now Ingyo-dong). It dealt

in groceries produced in and around the city and produced its

own noodles. The company prospered and Lee moved its head

office to Seoul in 1947. When the Korean War broke out,

however, he was forced to leave Seoul and started a sugar

refinery in Busan named CheilJedang. After the war, in 1954,

Lee founded CheilMojik and built the plant in Chimsan-dong,

Daegu. It was the largest woolen mill ever in the country and

the company took on the aspect of a major company.

Samsung diversified into many areas and Lee sought to help

establish Samsung as an industry leader in a wide range of

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enterprises, moving into businesses such as insurance,

securities, and retail. Lee placed great importance on

industrialization, and focused his economic development

strategy on a handful of large domestic conglomerates,

protecting them from competition and assisting them

financially.

In 1948, Cho Hong-jai (the Hyosung groups founder) jointly

invested in a new company called Samsung MulsanGongsa, or

the Samsung Trading Corporation, with the Samsung Group

founder Lee Byung-chull. The trading firm grew to become the

present-day Samsung C&T Corporation. But after some years

Cho and Lee separated due to differences in management

between them. He wanted to get up to a 30% group share.

After settlement, Samsung Group was separated into Samsung

Group and Hyosung Group, Hankook Tire, and others.

In the late 1960s, Samsung Group entered into the electronics

industry. It formed several electronics-related divisions, such as

Samsung Electronics Devices Co., Samsung Electro-Mechanics

Co., Samsung Corning Co., and Samsung Semiconductor &

Telecommunications Co., and made the facility in Suwon. Its

first product was a black-and-white television set.


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1970 to 1990

In 1980, Samsung acquired the Gumi-

based HangukJeonjaTongsin and entered the

telecommunications hardware industry. Its early products were

switchboards. The facilities were developed into the telephone

and fax manufacturing systems and became the centre of

Samsung's mobile phone manufacturing. They have produced

over 800 million mobile phones to date. The company grouped

them together under Samsung Electronics Co., Ltd. in the

1980s.

After the founder's death in 1987, Samsung Group was

separated into four business groups - Samsung Group,

Shinsegae Group, CJ Group and Hansol Group. Shinsegae

(discount store, department store) was originally part of

Samsung Group, separated in the 1990s from the Samsung

Group along with CJ Group

(Food/Chemicals/Entertainment/logistics) and the Hansol Group

(Paper/Telecom). Today these separated groups are

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independent and they are not part of or connected to the

Samsung Group. One Hansol Group representative said, "Only

people ignorant of the laws governing the business world could

believe something so absurd," adding, "When Hansol separated

from the Samsung Group in 1991, it severed all payment

guarantees and share-holding ties with Samsung affiliates."

One Hansol Group source asserted, "Hansol, Shinsegae, and CJ

have been under independent management since their

respective separations from the Samsung Group." One

Shinsegae Department Store executive director said,

"Shinsegae has no payment guarantees associated with the

Samsung Group.

In the 1980s, Samsung Electronics began to invest heavily in

research and development, investments that were pivotal in

pushing the company to the forefront of the global electronics

industry. In 1982, it built a television assembly plant in

Portugal; in 1984, a plant in New York; in 1985, a plant in Tokyo;

in 1987, a facility in England; and another facility in Austin in

1996. As of 2012, Samsung has invested more than US$13

billion in the Austin facility, which operates under the name

Samsung Austin Semiconductor LLC. This makes the Austin

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location the largest foreign investment in Texas and one of the

largest single foreign investments in the United States.

1990 to 2000

Samsung started to rise as an international corporation in the

1990s. Samsung's construction branch was awarded a contract

to build one of the two PETRONAS Towers in Malaysia, Taipei

101 in Taiwan and the Burjkhalifa in United Arab Emirates. In

1993, Lee Kun-hee sold off ten of Samsung Group's

subsidiaries, downsized the company, and merged other

operations to concentrate on three industries: electronics,

engineering, and chemicals. In 1996, the Samsung Group

reacquired the Sungkyunkwan University foundation.

Samsung became the largest producer of memory chips in the

world in 1992, and is the world's second-largest chipmaker

after Intel (see Worldwide Top 20 Semiconductor Market Share

Ranking Year by Year). In 1995, it created its first liquid-crystal

display screen.

Ten years later, Samsung grew to be the world's largest

manufacturer of liquid-crystal display panels. Sony, which had

not invested in large-size TFT-LCDs, contacted Samsung to

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cooperate, and, in 2006, S-LCD was established as a joint

venture between Samsung and Sony in order to provide a

stable supply of LCD panels for both manufacturers. S-LCD was

owned by Samsung (50% plus 1 share) and Sony (50% minus 1

share) and operates its factories and facilities in Tangjung,

South Korea. As on 26 December 2011 it was announced that

Samsung had acquired the stake of Sony in this joint venture.

Compared to other major Korean companies, Samsung survived

the 1997 Asian financial crisis relatively unharmed.

However, Samsung Motor was sold to Renault at a significant

loss. As of 2010, Renault Samsung is 80.1 percent owned

by Renault and 19.9 percent owned by Samsung. Additionally,

Samsung

manufactured a range of aircraft from the 1980s to 1990s. The

company was founded in 1999 as Korea Aerospace Industries

(KAI), the result of merger between then three domestic

major aerospace divisions of Samsung Aerospace, Daewoo

Heavy Industries, and Hyundai Space and Aircraft Company.

However, Samsung still manufactures aircraft engines and gas

turbines.

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2000 to present

In 2001 Samsung Techwin became the sole supplier of a

combustor module for the Rolls-Royce Trent 900 used by

the Airbus A380, the world's largest passenger

airliner. Samsung Techwin is also a revenue-sharing participant

in the Boeing's 787 Dream liner GEnx engine program.

In 2010, Samsung announced a 10-year growth strategy

centred around five businesses. One of these businesses was to

be focused on biopharmaceuticals, to which the Company has

committed 2.1 trillion.

In December 2011, Samsung Electronics sold its hard disk

drive (HDD) business to Seagate.

In the first quarter of 2012, Samsung Electronics became

the world's largest mobile phone maker by unit sales,

overtaking Nokia, which had been the market leader since

1998.

In the August 21st edition of the Austin American-Statesman,

Samsung confirmed plans to spend 3 to 4 billion dollars

converting half of its Austin chip manufacturing plant to a more

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profitable chip. The conversion should start in early 2013 with

production on line by the end of 2013.

On August 24, 2012, a U.S jury ruled that Samsung had to

pay Apple Incorporated US$1.05 billion dollars in damages for

violating its patents on Smartphone technology. Samsung

decried the decision saying that the move could harm

innovation in the sector. It also followed a South Korean ruling

that said both companies were guilty of infringing on each

other's intellectual property. In the first trading after the ruling,

Samsung shares on the Kospi index fell 7.7%, the largest fall

since October 24, 2008, to 1,177,000 Korean won. Apple then

sought to ban the sales of eight Samsung phones (Galaxy S 4G,

Galaxy S2 AT&T, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile,

Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and

Galaxy Prevail) in the United States which has been denied by

Judge Koh.

On September 4, 2012, Samsung announced it plans to

examine all of its Chinese suppliers for possible violations of

labor policies. The company said it will carry out audits of 250

Chinese companies that are its exclusive suppliers to see if

children under the age of 16 are being used in their factories.


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Samsung Company at a glance:

Founded 1993

Founder(s) Lee Byung-chull

Headquart Samsung Town, Suwon, South Korea


ers

Area Worldwide
served

Key Lee Kun-hee


people (Chairman of Samsung Electronics)

Products Apparel, chemicals, consumer electronics, electronic


components, medical equipment, precision
instruments, semiconductors, ships, telecommunications
equipment

Services Advertising, construction, entertainment, financial services,


hospitality, information and communications technology

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services, medical services, retail

Revenue US$ 220.1 billion (2011)

Net US$ 21.2 billion (2011)


income

Total US$ 343.7 billion (2011)


assets

Total US$ 141.1 billion (2011)


equity

Employee 344,000 (2011)


s

Subsidiari Samsung Electronics


es Samsung Life Insurance
Samsung Heavy Industries
Samsung C&T
Samsung SDS
Samsung Techwin etc.

Website Samsung.com

Acquisitions and attempted acquisitions:

For a company of its size Samsung has made relatively few

acquisitions

Rollel Swiss watch battle:

Samsung Techwin acquired a German camera-maker Rollei on

1995. Samsung (Rollei) used its optic expertise on the crystals

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of a new line of 100% Swiss-made watches, designed by a team

of watchmakers at Nouvelle Piquerez S.A. in

Bassequort, Switzerland. Rolex's decision to fight Rollei on

every front stemmed from the close resemblance between the

two names and fears that its sales would suffer as a

consequence. In the face of such a threat, the Geneva firm

decided to confront. This was also a demonstration of the Swiss

watch industry's determination to defend itself when an

established brand is threatened. Rolex sees this front-line battle

as vital for the entire Swiss watch industry. Rolex has

succeeded in keeping Rollei out of the German market. On 11

March 1995 the Cologne District court prohibited the

advertising and sale of Rollei watches on German territory.

Fokker, a Dutch aircraft maker:

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Samsung lost a chance to revive its failed bid to take over

Dutch aircraft maker Fokker when other airplane makers

rejected its offer to form a consortium. The three proposed

partners Hyundai, Hanjin and Daewoo have notified the

South Korean government that they will not join Samsung

Aerospace Industries Ltd.

AST Research:

Samsung bought AST (1994) and tried to break into North

America, but the effort foundered. Samsung was forced to close

the California-based computer maker following mass defection

of research staff and a string of losses.

FUBU clothing and apparel

In 1992, Daymond John had started the company with a hat

collection that was made in his house in the Queens area of

New York City. To fund the company, John had to mortgage his

house for $100,000. With his friends, namely J. Alexander

Martin, Carl Brown and Keith Perrin, half of his house was

turned into the first factory of FUBU, while the other half

remained as the living quarters. Along with the expansion of

FUBU, Samsung invested in FUBU in 1995.

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Lehman Brothers Holdings Asian operations:

Samsung Securities was one of a handful of brokerages looking

into Lehman Brothers Holdings. But Nomura Holdings has

reportedly waved the biggest check to win its bid for Lehman

Brothers Holdings Asian operations, beating out Samsung

Securities, Standard Chartered, and Barclays. Ironically, after

few months Samsung Securities Co., Ltd. and City of London-

based N M Rothschild & Sons (more commonly known simply

as Rothschild) have agreed to form a strategic alliance in

investment banking business. Two parties will jointly work on

cross border mergers and acquisition deals.

MEDISON Co., Ltd. - Ultrasound Monitors:

In December 2010, Samsung Electronics Co. bought MEDISON

Co., Ltd., a South Korean medical-equipment company, the first

step in a long-discussed plan to diversify from consumer

electronics.

Grandis Inc. - memory developer:

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In July 2011, Samsung announced that it had acquired spin-

transfer torque random access memory (MRAM) vendor

GrandisInc.Grandis will become a part of Samsung's R&D

operations and will focus on development of next generation

random-access memory.

Samsung and Sony joint venture - LCD display:

On December 26, 2011 the board of Samsung Electronics

approved a plan to buy Sony's entire stake in their 2004 joint

liquid crystal display (LCD) venture for 1.08 trillion won

($938.97 million).

MSpot, Inc - Music Service:

On May 9, 2012, mSpot announced that it had been acquired

by Samsung Electronics with the intention of a cloud based

music service. The succeeding service was Samsung Music

Hub.

NVELO, Inc. - Cache Software Developer:

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In December 2012, Samsung announced that it had acquired

the privately held storage software vendor NVELO, Inc., based

in Santa Clara, California.] NVELO will become part of

Samsung's R&D operations, and will focus on software for

intelligently managing and optimizing next-generation

Samsung SSD storage subsystems for consumer and enterprise

computing platforms.

Neurological - Portable CT scanner:

In January 2013, Samsung announced that it has acquired

medical imaging company Neurological, part of the

multinational conglomerates plans to build a leading medical

technology business. Terms of the deal were not disclosed.

Operations:

Samsung Group headquarters at Samsung, Seoul Samsung

comprises around 80 companies. It is highly diversified, with

activities in areas including construction, electronics, financial

services, shipbuilding and medical services.

In FY 2009, Samsung reported consolidated revenues of 220

trillion KRW ($172.5 billion). In FY 2010, Samsung reported

consolidated revenues of 280 trillion KRW ($258 billion), and


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profits of 30 trillion KRW ($27.6 billion) (based upon a KRW-USD

exchange rate of 1,084.5 KRW per USD, the spot rate as of

19 August 2011). However, it should be noted that these

amounts do not include the revenues from all of Samsung's

subsidiaries based outside South Korea.

Subsidiaries and affiliates:

As of April 2011 the Samsung Group comprised 59 unlisted

companies and 19 listed companies, all of which had their

primary listing on the Korea Exchange stock-exchange.

Principal subsidiary and affiliate companies of Samsung

include:

Ace Digitech:

Ace Digitech is listed on the Korea Exchange stock-exchange

(number 036550).

Cheil Industries:

Cheil Industries is listed on the Korea Exchange stock-exchange

(number 001300).

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Cheil Worldwide:

Cheil Worldwide is listed on the Korea Exchange stock-

exchange (number 030000).

Credu:

Credu is listed on the Korea Exchange stock-exchange (number

067280).

Market Korea:

Market Korea is listed on the Korea Exchange stock-exchange

(number 122900).

Samsung Card:

Samsung Card is listed on the Korea Exchange stock-exchange

(number 029780).

Samsung C&T Corporation:

Samsung C&T Corporation is listed on the Korea Exchange

stock-exchange (000830).

Samsung Electro-Mechanics:

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Samsung Electro-Mechanics, established in 1973 as a

manufacturer of key electronic components, is headquartered

in Suwon, Gyeonggi-do, South Korea. It is listed on the Korea

Exchange stock-exchange (number 009150).

Samsung Electronics:

Samsung Electronics Co., Ltd. is a multinational electronics and

information Technology Company headquartered in Suwon and

the flagship company of the Samsung Group. Its products

include air conditioners, computers, digital televisions, liquid

crystal displays (including thin film transistors (TFTs) and

active-matrix organic light-emitting diodes (AMOLEDs)), mobile

phones, monitors, printers, refrigerators, semiconductors and

telecoms networking equipment. It is the world's largest mobile

phone maker by unit sales in the first quarter of 2012; with a

global market share of 25.4%.It is also the world's second-

largest semiconductor maker by 2011 revenues (after Intel).

Samsung Electronics is listed on the Korea Exchange stock-

exchange (number 005930).

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The headquarters of Samsung Engineering in Seoul

Samsung Engineering:

Samsung Engineering Co., Ltd. is a multinational construction

company headquartered in Seoul. It was founded in January

1970. Its principal activity is the construction of oil refining

plants; upstream oil and gas facilities; petrochemical plants and

gas plants; steel making plants; power generation plants; water

treatment facilities; and other infrastructure. It achieved total

revenues of 9,298.2 billion won (US$8.06 billion) in 2011.

Samsung Engineering is listed on the Korea Exchange stock-

exchange (number 028050).

Samsung Fine Chemicals:

Samsung Fine Chemicals is listed on the Korea Exchange stock-

exchange (number 004000).

Samsung Fire & Marine Insurance:

Samsung Fire & Marine Insurance Co., Ltd. is a multinational

general insurance company headquartered in Seoul. It was

founded in January 1952 as Korea Anbo Fire and Marine


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Insurance Co., Ltd. and was renamed Samsung Fire & Marine

Insurance in December 1993. Samsung Fire & Marine Insurance

offers services including accident insurance, automobile

insurance, casualty insurance, fire insurance, liability insurance,

marine insurance, personal pensions and loans. As of March

2011 it had operations in 10 countries and 6.5 million

customers. Samsung Fire & Marine Insurance had a total

premium income of US$11.7 billion in 2011 and total assets of

US$28.81 billion at 31 March 2011. It is the largest provider of

general insurance in South Korea.

Samsung Fire has been listed on the Korea Exchange stock-

exchange since 1975 (number 000810).

Samsung Heavy Industries:

Samsung Heavy Industries Co., Ltd. is a shipbuilding and

engineering company headquartered in Seoul. It was founded

in August 1974. Its principal products are bulk carriers,

container vessels, crude oil tankers, cruisers, passenger ferries,

material handling equipment steel and bridge structures. It

achieved total revenues of 13,358.6 billion won in 2011 and is

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the world's second-largest shipbuilder by revenues

(after Hyundai Heavy Industries).

Samsung Heavy Industries is listed on the Korea Exchange

stock-exchange (number 010140).

Samsung Life Insurance:

Samsung Life Insurance Co., Ltd. is a multinational life

insurance company headquartered in Seoul. It was founded in

March 1957 as Dongbang Life Insurance and became an

affiliate of the Samsung Group in July 1963.Samsung Life's

principal activity is the provision of individual life insurance and

annuity products and services. As of December 2011 it had

operations in seven countries, 8.08 million customers and

5,975 employees. Samsung Life had total sales of 22,717 billion

won in 2011 and total assets of 161,072 billion won at 31

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December 2011. It is the largest provider of life insurance in

South Korea.

Samsung Life Insurance is listed on the Korea Exchange stock-

exchange (number 032830).

Samsung Machine Tools:

Samsung Machine Tools of America is a national distributor of

machines in the United States.

Samsung SDI:

Samsung SDI is listed on the Korea Exchange stock-exchange

(number 006400). On December 5, 2012 the antitrust

regulators of European Union fined Samsung SDI and several

other major companies for fixing prices of TV cathode-ray

tubes in two cartels lasting nearly a decade.

Samsung Securities:

Samsung Securities is listed on the Korea Exchange stock-

exchange (number 016360).

Samsung Techwin:

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Samsung Techwin is listed on the Korea Exchange stock-

exchange (number 012450).

Shilla Hotels and Resorts:

Shilla Hotels and Resorts is listed on the Korea Exchange stock-

exchange (number 008770).

SI Corporation:

SI Corporation is listed on the Korea Exchange stock exchange

(number 012750).

Joint ventures

Current

aT Grain

State-run Korea Agro-Fisheries Trade Corp. set up the venture,

aT Grain Co., in Chicago, with three other South Korean

companies, Korea Agro-Fisheries owns 55 percent of aT Grain,

while Samsung C&T Corp, Hanjin Transportation Co. and STX

Corporation. Each holds 15 percent.

Brooks Automation Asia:

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Brooks Automation Asia Co., Ltd. is a joint venture

between Brooks Automation (70%) and Samsung (30%) which

was established in 1999. The venture locally manufactures and

configure vacuum wafer handling platforms and 300mm Front-

Opening Unified Pod (FOUP) load port modules, and designs,

manufactures and configures atmospheric loading systems for

flat panel displays.

POSCO-Samsung Slovakia Steel Processing Center:

Company POSS - SLPC s.r.o. was founded in 2007 as a

subsidiary of Samsung C & T Corporation, Samsung C & T

Deutschland and the company POSCO.

Samsung Air China Life Insurance:

Samsung Air China Life Insurance Co., Ltd. is a 50:50 joint

venture between Samsung Life Insurance and China National

Aviation Corporation. It was established in Beijing in July 2005.

Samsung Bioepis:

Samsung Bioepis is a joint venture between Samsung Biologics

(85%) and the United States-based Biogen Idec (15%).

Samsung Biologics:

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Samsung Electronics Co. and Samsung Ever land Inc. will each

own a 40 percent stake in the venture, with Samsung C&T Corp.

and Durham, North Carolina-based Quintiles each holding 10

percent. It will contract-make medicines made from living cells,

and Samsung Group plans to expand into Producing copies of

biologic including Rituxan

,theleukemia and lymphoma treatment sold by Roche Holding

AG and Biogen Idec Inc.

Samsung BP Chemicals:

Samsung BP Chemicals Co., Ltd is a 50:50 joint venture

between Samsung and the United Kingdom-based BP, which

was established in 1989 to produce and supply high-value-

added chemical products.

Samsung Corning Precision Glass:

Samsung Corning Precision Glass is a joint venture between

Samsung and Corning, which was established in 1973 to

manufacture and market cathode ray tube glass for black and

white televisions. The companys first LCD glass substrate

manufacturing facility opened in Gumi, Korea in 1996.

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Samsung Sumitomo LED Materials:

Samsung Sumitomo LED Materials is a Korea-based joint

venture between Samsung LED Co., Ltd., an LED maker based

in Suwon, Korea-based and the Japan-based Sumitomo

Chemical. The JV will carry out research and development,

manufacturing, and sales of sapphire substrates for LEDs.

Samsung Thales:

Samsung Thales Co., Ltd. (until 2001 known as Samsung

Thomson-CSF Co., Ltd.) is a joint venture between Samsung

Techwin and the France-based aerospace and defence

company Thales. It was established in 1978 and is based in

Seoul.

Samsung Total:

Samsung Total is a 50:50 joint venture between Samsung and

the France-based oil group Total S.A. (more specifically

Samsung General Chemicals and Total Petrochemicals).

SB LiMotive:

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SB LiMotive is a 50:50 joint company of Robert Bosch GmbH

(commonly known as Bosch) and Samsung SDI founded in June

2008. The joint venture develops and manufactures lithium-ion

batteries for use in hybrid-, plug-in hybrid vehicles and electric

vehicles.

SD Flex:

SD Flex Co., Ltd. was founded on October 2004 as a joint

venture corporation by Samsung and DuPont, one of the world's

largest chemical company.

Sermatech Korea:

Sermatech owns 51% of its stock, while Samsung owns the

remaining 49%. The U.S. firm

Sermatech International, for a business focusing on highly

specialized aircraft construction processes such as special

welding and brazing.

Siam Samsung Life Insurance:

Samsung Life Insurance holds a 37% stake while Saha Group

also has a 37.5% stake in the joint venture, with the remaining

25% owned by Thana chart Bank.

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Toshiba Samsung Storage Technology:

Toshiba Samsung Storage Technology Corporation (TSST) is

joint venture between Samsung Electronics and Toshiba of

Japan which specializes in optical disc drive manufacturing.

TSST was formed in 2004, and Toshiba owns 51% of its stock,

with Samsung owns the remaining 49%.

Alpha Processor:

In 1998, Samsung created a U.S. joint venture with Compaq

called Alpha Processor Inc. (API)--to help it enter the high-end

processor market. The venture was also aimed at expanding

Samsung's non-memory chip business by fabricating Alpha

processors. At the time, Samsung and Compaq invested $500

million in Alpha Processor.

GE-Samsung Lighting:

GE Samsung Lighting was a joint venture between Samsung

and the GE Lighting subsidiary of General Electric. The venture

was established in 1998 and was broken up 2009.

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Global Steel Exchange:

Global Steel Exchange was a joint venture formed in 2000

between Samsung, the United States-based Cargill, the

Switzerland-based Duferco Group, and the Luxembourg-based

Trademarked (now part of the ArcelorMittal), to handle their

online buying and selling of steel.

S-LCD:

S-LCD Corporation was a joint venture between Samsung

Electronics (50% plus one share) and the Japan-based Sony

Corporation (50% minus one share) which was established in

April 2004. On December 26, 2011, Samsung Electronics

announced that it would acquire all of Sony's shares in the

venture.

Partially owned companies:

AtlanticoSul:

Samsung Heavy Industries currently owns 10 percent of the

Brazilian shipbuilder AtlanticoSul, which operates the largest

shipyard in South America.

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Joao Candido, the largest ship built to date in Brazil, was built

by AtlanticoSul with technology supplied by Samsung Heavy

Industries.

DGB Financial Group:

Samsung Life Insurance currently holds a 7.4% stake in the

South Korean banking company DGB Financial Group, making it

the largest shareholder.

Doosan Engine:

Samsung Heavy Industries currently holds a 14.1 percent stake

in Doosan Engine, making it the second-biggest shareholder.

Korea Aerospace Industries:

Samsung Techwin currently holds a 10 percent stake in Korea

Aerospace Industries (KAI). Other major shareholders include

the state-owned Korea Finance Corporation (26.75

percent), Hyundai Motor (10 percent) and Doosan (10 percent).

MEMC KOREA:

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MEMC's joint venture with Samsung Electronics Company, Ltd.

In 1990, MEMC entered into a joint venture agreement to

construct a silicon plant in Korea.

Rambus Incorporated:

Samsung currently owns 4.19 percent of Rambus Incorporated.

Renault Samsung Motors:

Samsung currently owns 19.9 percent of the automobile

manufacturer Renault Samsung Motors.

Seagate Technology:

Samsung currently owns 9.6 percent of Seagate Technology,

making it the second-largest shareholder. Under a shareholder

agreement, Samsung has the right to nominate an executive to

Seagates Board of Directors.

SungjinGeotec:

Samsung Engineering holds a 10 percent stake in

SungjinGeotec, an offshore oil drilling company that is a

subsidiary of POSCO.

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Taylor Energy:

Taylor Energy is an independent American oil company that

drills in the Gulf of Mexico based in New Orleans, Louisiana.

Samsung Oil & Gas USA Corp., subsidiaries of Samsung,

currently owns 20% of Taylor Energy.

Major customers:

The world's largest oil and gas project, Sakhalin II- Lunskoye

platform under construction. The topside facilities of the LUN-A

(Lunskoye) and PA-B (PiltunAstokhskoye) platforms are being

built at the Samsung Heavy Industry shipyard in South Korea.

Major customers of Samsung include:

Royal Dutch Shell

Samsung Heavy Industries will be the sole provider of liquefied

natural gas (LNG) storage facilities worth up to US$50 billion

to Royal Dutch Shell for the next 15 years.

Shell has unveiled plans to build the world's first floating

liquefied natural gas (FLNG) platform. At Samsung Heavy

Industries' shipyard on Geoje Island in South Korea, work is


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about to start on a "ship" that, when finished and fully loaded,

will weigh 600,000 tonnes the world's biggest "ship". That is

six times as much as the biggest US aircraft carrier.

United Arab Emirates government

A consortium of South Korean firms - including Samsung, Korea

Electric Power Corp and Hyundai - has won a deal worth 40

billion dollars to build nuclear power plants in the United Arab

Emirates.

Ontario government

The government of the Canadian province of Ontario signed off

one of the world's largest renewable energy projects, signing a

$6.6bn deal that will result in 2,500 MW of new wind and solar

energy capacity being built. Under the agreement a consortium

led by Samsung and the Korea Electric Power Corporation

will manage the development of 2,000 MW-worth of new wind

farms and 500 MW of solar capacity, while also building a

manufacturing supply chain in the province.

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Organizational structure:
Advisor
Board of directors/ceo/chairman

House Assistant
counsel to the
chairman

President

Chief
Accounta auditor
nt

Vise Vise
president/finan president
ce

CFO CMO CPO coo cco

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BOARD OF DIRECTORS

Oh-Hyun Kwon

ViceChairman& CEO, Samsung Electronics, Head, Device


Solutions, Samsung Electronics (2012~Present).

Gee-Sung Choi

Head, Corporate Strategy Office (2012~Present)

Ju-Hwa Yoon

President& CFO, DMC Management Office, Samsung

Electronics,

President & CFO, Corporate Management Office, Samsung

Electronics (2011~Present)

Dong-Min Yoon

Attorney at Law, Kim & Chang Law Office (1999~Present)


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In-Ho Lee

Corporate Advisor, Shinhan Bank (2009~2011)

Han-Joong Kim

Professor Emeritus, Yonsei University (2012~Present)

Byeong-Gi Lee

Professor of Electrical Engineering, Seoul National University

(1986~Present)

Functional Chart
CPO

CFO CMO CPO coo cco

Purchasin Receiving Retail Custo


g
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Wholesale Order Accountin


sales Entry g and
billing

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SAMSUNG'S HISTORY AND ACHIEVEMENT


From its inception as a small export business in Taegu, Korea, Samsung has

grown to become one of the worlds leading electronics companies, specializing

in digital appliances and media, semiconductors, memory, and system

integration. Today Samsung's innovative and top quality products and processes

are world recognized. This timeline captures the major milestones in Samsung's

history, showing how the company expanded its product lines and reach, grew

its revenue and market share, and has followed its mission of making life better

for consumers around the world.

Pioneering the Digital Age

The digital age has brought revolutionary change and opportunity to global

business, and Samsung has responded with advanced technologies, competitive

products, and constant innovation.

Present - 2000 Pioneering the Digital Age

2000 - 1997 Advancing the Digital Frontier

1997 - 1994 Becoming a Global Force

1994 - 1990 Competing in a Changing Tech World

1990 - 1980 Entering the Global Marketplace

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1980 - 1970 Diversifying in Industries and Electronics

1970 - 1938 Samsungs Beginnings

2000-Present Pioneering the Digital Age


The digital age has brought revolutionary change and opportunity to global

business, and Samsung has responded with advanced technologies, competitive

products, and constant innovation. At Samsung, we see every challenge as an

opportunity and believe we are perfectly positioned as one of the world's

recognized leaders in the digital technology industry.

Our commitment to being the world's best has won us the No.1 global market

share for 13 of our products, including semiconductors, TFT-LCDs, monitors

and CDMA mobile phones. Looking forward, we're making historic advances in

research and development of our overall semiconductor line, including flash

memory and non-memory, custom semiconductors, DRAM and SRAM, as well

as producing best-in-class LCDs, mobile phones, digital appliances, and more.

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CHAPTER-4

DATA ANALYSIS
AND
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INTERPRETATION

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TABLE 1

Table showing ages of Respondents:

Sl.N Age (years) No.of Percentag

o. Responde e

nts
1 18-25 15 18.75%
2 25-30 26 32.50%
3 35-40 33 41.25%
4 Above 40 6 7.50%
Total 80 100

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GRAPH -1

MONTHLY INCOME OF RESPONDENTS


35 33

30
26
25

18-25 25-30 20
35-40 Above 40
15
NUMBER OF RESPONDENTS 15

10
6
5
1
0

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TABLE 2

Table showing Gender of Respondents:

Sl.N Gender No.of Percentag

o. Responde e

nts
1 male 52 65%
2 Fe-male 28 35%
Total 80 100

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GRAPH -2

MONTHLY INCOME OF RESPONDENTS


60
52

50

40

male female
30 28
NUMBER OF RESPONDENTS

20

10

1
0

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TABLE 3

Table showing occupation of Respondents:

Sl.N Age (years) No.of Percentag

o. Responde e

nts
1 Businessman 09 11.25%
2 Employed 39 48.75%
3 Doctor 03 3.75%
4 Students 29 36.25%
Total 80 100

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MONTHLY INCOME OF RESPONDENTS


39
40

35

30 29

25
businessman employed doctor students
20
NUMBER OF RESPONDENTS
15
9
10

5 3
1
0

1
GRAPH -3

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TABLE 4

Table showing Monthly income of Respondents:

Sl.N Income No.of Percentag

o. Responde e

nts
1 Below Rs.10000 05 06%
2 Rs.10000- 36 45%

Rs.20000
3 Rs.20000-Rs . 24 30%

30000
4 Above Rs.30000 15 19%
Total 80 100

ANALYSIS:

The above table shows that 45% of the respondents belong to

the income group of Rs.10,000-Rs20,000. The people of

income group RS 20,000-30,000 with 30% follow them

respectively.

As income group ABOVE RS 30,000 are followed with 19%

respectively. And 6% of respondents with an income group of

below 10,000/- per month.


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This is represented with a graph.

GRAPH -4

MONTHLY INCOME OF RESPONDENTS


40
36
35
Below Rs.10000 Rs.10000-Rs.20000 Rs.20000-Rs.30000
30

25 24

20
NUMBER OF RESPONDENTS
15
15
Above Rs.30000
10
5
5
1
0

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INFERENCE:

From the survey it is clear that the middle-high class group of

people is much going for the Samsung products.

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TABLE 5

Table showing from where Respondents get information

about Samsung:

Sl.N Source No.of Percenta

o. Responden ge

ts
1 Advertisements 50 64%
2 Dealers 07 08%
3 Friends & 15 19%

Relatives
4 Mechanics 08 09%
Total 80 100%

ANALYSIS:

According to the survey, the customers are mainly

influenced by the advertisements in different Medias, which

stand at 64%. Friends and relatives next to follow with 19%,

which influences to buy the Samsung products And 9% & 8% of

respondents obtained the information through mechanics and

dealers respectively.

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This is represented with a graph.

GRAPH-5

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INFERENCE:

From the survey it is clear that people due to advertisement

much going for Samsung products.

TABLE 6

Table showing total number of brands considered before buying

Samsung products:

Sl.No No.of No.of Percenta

. Brands Responden ge

ts
1 One 00 00%
2 Two 14 18%
3 Three 58 72%
4 Four & 08 10%

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above
Total 80 100%

ANALYSIS:

72% of the customers have considered three brands before

taking the final decision to buy the Samsung products, and 18%

of the customers have considered two brands. And 10% of

respondents have considered four and above brands before

buying Samsung products.

This is represented with a graph.

GRAPH-6

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NUMBER OF BRANDS CONSIDERED BY RESPONDENTS BEFORE BUYING SAMSUNG PRODUCTS


58
60

50

40
One Two Three Four & above

NUMBER OF RESPONDENTS 30

20 14

8
10
1

0
0 1

INFERENCE:
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This shows that the Samsung is competing with at least 3

brands of products in the market and stands in its own position

in sales.

TABLE 7

Table showing time taken for final decision to buy Samsung

products by the Respondents:

Sl.N Time taken No.of Percentag

o. Responden e

ts
1 Within a Week 10 12%
2 Within a 15 19%

Month
3 Within 3 43 54%

Months
4 Above 3 12 15%

Months
Total 80 100%

ANALYSIS:

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By the above table it is clear that 54% of the respondents took

time for final decision to buy the Samsung products.

Respectively 19% of the costumers next to follow within a

month to buy the same.And 12% & 15% of the respondents

took time for final decision to buy BSNL that is within a week

and above 3 months respectively.

This is represented with a graph.

GRAPH-7

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INFERENCE:

This makes clear that the consumers will be always aware

regarding the market and they take time to think, to go for any

product.

TABLE 8

Table showing who makes the final decision to buy the

Samsung product:

Sl.N Decision No. of Percenta

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o. taken by Responde ge

nts
1 Solely 22 27%
2 Along with 19 24%

parents
3 Spouse 28 35%
4 Friends 11 14%
5 Children 00 00%
6 Others 00 00%
Total 80 100%

ANALYSIS:

The above table shows that 35% of the consumers made

decision with spouse. And secondly 27% of the customers took

decision solely. Along withparents as next to follow with

24%. & 14% of the respondents made their decision with

friends regarding buying the Samsung products.

This is represented with a graph.

GRAPH-8

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WHO MADE THE FINAL DECISION IN BUYING SAMSUNG PRODUCT

30 28

25 22
19
20 Friends Childrens Others
Solely Along with parents Spouse

NUMBER OF RESPONDENTS 15 11

10

5
1

0
1 0 0

INFERENCE:

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From the above, it is clear greater no. of consumer made

decision with spouse.

TABLE 9

Table showing how often the Samsung product is used by the

respondents.

Sl.No. Frequenc No.of Percentage

y Responde

nts
1 Every day 62 78%
2 Weekly 14 17%
3 Occasionall 04 05%

y
Total 80 100%

ANALYSIS:

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This table shows that the 78% respondents of use the

telephone for daily use. And 17% of the customers are next to

follow with; who use the Samsung weekly. And 5% of the

respondents use their cars occasionally

Even this is represented in the form of graph.

GRAPH-9

FREQUENCY OF SAMSUNG PRODUCTS USED BY THE RESPONDENTS

100%
100%
78%
50% 200%
0% 17%
300%
Every day 5%

Weekly

Occasionally

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INFERENCE:

From this graph we can make out that businessmen,

individuals, professionals, small family and office going people

are the most using the SAMSUNG PODUCTS.

TABLE 10

Table showing number of users of SAMSUNG PODUCTS in a

family:

Sl.No. Users No.of Percentag

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Respondents e
1 One 43 53%
2 Two 19 24%
3 Three 14 18%
4 Four & 04 05%

above
Total 80 100%

ANALYSIS:

This table shows that the 53% of the respondents use the care

solely. Two users are next to follow with 24% respectively. Three

users are next to follow with 18% respectively.

This is represented in the graphical form.

GRAPH-10

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NUMBER OF USERS OF SUMSANG IN A FAMILY

5%

18%

One Tw o Three Four & above

53%

24%

INFERENCE:

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Here 53% of the respondents opinioned that telephone are

used by one person in the family. And 24% of the respondents

opinioned that telephone are used by two persons in the family.

And 18% of them claimed that 3 persons are using the

telephone in the family. 5% respondents opinioned that 4 and

above use the telephone in the family.

TABLE 11

Table showing how the Respondents rate the new

technology in SAMSUNG PRODUCTS:

Sl.N Opinion No.of Percentag

o. Responde e

nts
1 Fair 09 11%
2 Good 55 69%
3 Excellent 16 20%
4 Not upto 00 00%

expected level
Total 80 100%

ANALYSIS:

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This table clearly the 69% indicates that the customers find

GOOD technology and 20% 0f the respondents follow with the

opinion EXCELLENT. And remaining 11% of the respondents

with the opinion of FAIR.

This is represented in the graphical form.

GRAPH-11

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INFERENCE:

From the survey it is clear that majority of the respondents

gave their opinion about new technology in Samsung products

as good technology.

TABLE 12

Tables showing how often the Respondents go for

Service:

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Sl.N Frequency No.of Percenta

o. Responden ge

ts
1 Weekly 00 00%
2 Monthly 16 20%
3 Once in 3 44 55%

Months
4 Once in 6 12 16%

Months
5 Not frequently 08 09%
Total 80 100%

ANALYSIS:

This table shows that the 55% of the respondents go for service

ONCE IN 3 MONTHS. And other 20% of the respondents go for

ONCE IN 6 MONTHS. And next to follow is with 16% of the

respondents go ONCE IN A MONTH.

This is represented in graphical form.

GRAPH-12

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HOW OFTEN THE RESPONDENTS GO FOR SERVICING THE SAMSUNG PRODUCT

Weekly Monthly Once in 3 Months Once in 6 Months Not frequently

INFERENCE:

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From the survey it is clear that majority of the respondents go

for service once in a 3 months.

TABLE 13

Table showing the Quality of SAMSUNG PODUCTS:

Sl.No. Opinion No.of Percentag

Responden e

ts
1 Excellent 15 19%
2 Good 54 67%
3 Fair 11 14%
4 Poor 00 00%
Total 80 100%

ANALYSIS:

From the above table it is clear that 67% of the customers

believes that the Samsungs products are GOOD. And are rated

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as excellent by the 19% of the respondents and as by the 14%

respondents says fair.

This is represented in a graphical form.

GRAPH-13

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INFERENCE:

This makes clear that most of customer believe that the

qualities of SAMSUNG PRODUCTS are good.

TABLE 14

Table showing the rate of the Samsung product concerned

with price:

Sl.No. Rate No. of Percenta

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Respondent ge

s
1 Cheap 00 00%
2 Reasonabl 64 80%

e
3 Too Costly 16 20%
Total 80 100%

ANALYSIS:

This table clearly shows that the respondents have shown

satisfactory results with spares concerned with price factor,

which stands at 80%. No respondents consider it as low

price.Too costly as next to follow with 20% respectively.

This is represented in a graphical form.

GRAPH-14

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HOW THE RATE OF THE SAMSUNG PRODUCT CONCERNED WITH PRICE

Cheap Reasonable Too Costly

INFERENCE:

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From the above, it is clear that the respondents believe that the

rate of call concerned with prices should be reasonable.

TABLE 15

Table showing satisfaction of respondents regarding

service of SAMSUNG PODUCTS:

Sl.No. Opinion No.of Percenta

Responden ge

ts
1 Excellent 14 18%
2 Good 58 72%
3 Fair 08 10%
4 Poor 00 00%
Total 80 100%

ANALYSIS:

This table shows with regards to satisfaction of respondents.

72% of the respondents were highly satisfied with the service

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done by the company. This shows that the wide range of

customers have accepted the service renders capability.And

18% & 10% of the respondents consider excellent and fair

respectively

This is represented in a graphical form.

GRAPH-15

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INFERENCE:

The above survey shows that most of the respondents believe

that the service done by the companies are good.

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CHAPTER-5

SUMMARY OF

FINDINGS AND

CONCLUSION

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SUMMARY OF MAIN FINDINGS

1) 41.25% of the respondants are aged between 35-40.

2) 65% of respondants are male.

3) 48.75% of the customers are professionals and 30% of

them are self employed and salaried.

4) 45% of the customers monthly income is between Rs.

10000/- to 20000Rs.

5) 64% of the customers get to know about Samsung

products through advertisement.

6) Most of the times, three brands are considered before

buying Samsung products.

7) Spouse makes the final decision to buy the Samsung

8) 80% o the customers have not received any compliment

form the SAMSUNG for any occasions.

9) From the survey I found out that the respondents believe

that the rate of call concerned with prices should be

reasonable.

10) From the survey I found out thatmost of the respondents

believe that the service done by the companies are good.

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CONCLUSION

To sum up the art of consumer behaviour plays a very

significant role contributing to the organizations goals, image,

survival and growth.

When consumer satisfaction is improved it spreads satisfaction

to the employees, supervisors, manager . It even helps society

and the nation through better utilization of the resources of the

SAMSUNG.

The SAMSUNG has adopted so many new techniques to attract

the customers. But there is no effective implementation. If done

effectively the SAMSUNG not only satisfy the customers but it

can also delight them, which is very important for the growth of

business of the bank.

Many experts have played very important role in consumer

behaviour technique. Every bank or organizations has to select

the right techniques suitable for the organization so as to give

full satisfaction to the customers.

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CHAPTER-6

RECOMMENDATION

S AND

SUGGESTIONS

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RECOMMENDATIONS AND SUGGESTION

1) Schemes: Attractive schemes should be provided for the

customers and also the SAMSUNG should start giving

more facility to its customers without much complications.

2) Compliments: SAMSUNG can provide its customers with

compliment gifts like calendar or a dairy notifying

where the customers are delighted.

3) Customer research study: The SAMSUNG can do a

customer research study, yearly or half yearly to get more

information about the customers likes, dislikes and can

change the attitudes and policies to provide satisfaction to

the customers.

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4) Advertisement: SAMSUNG customer are unaware of its

schemes, other schemes, simply because the lacks

publicity, so it requires more advertisement.

Advertisement can be made in the following ways

according to the SAMSUNG convenient:

a) Advertisement can be made through print media &

TV

5) Training schemes for employees: The SAMSUNG

should implement a well designed training scheme for

employees with regard to the proper

method like TQM (Total Quality Management), PD (Product

development), stimulation which helps in dealing with

customers that inturn will help both the customers and

also the SAMSUNG to improve its business.

6) The foremost suggestion, which I have to give, is reduction

in minimum balance and initial deposit. They must reduce

to some minimum amount.

7) Reception area: To avoid waiting time of customers the

SAMSUNG can provide enough number of chairs with TV

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and light music facility, which in turn help in reducing the

burden of waiting time.

8) SAMSUNG should provide the convenient parking facility

to the customers.

9) Response from the employees: All employees should give

proper response to the employees when customers have

any doubts.

10) Majority of the customers of SAMSUNG feel that service is

good but not excellent.

11) Awareness of some of the services like Campus, Senior

citizens services among the people is less.

12) Door service facility: SAMSUNG was introducing the door

service facility but they are not implementing effectively.

So customers are dissatisfying with this facility.

13) SAMSUNG is concentrating only a high class and higher

middle class people. It has to concentrate on lower middle

class people also.

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CHAPTER-

APPENDICES AND

ANNEXURES

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APPENDICES AND ANNEXURES

QUESTIONNAIRE

TITLE: A STUDY ON CUSTOMER SATISFACTION

TOWARDS SAMSUNG

Respected Sir/Madam

I am MOHAMMED GUFRAN, III year BBM student, as part of my

curriculum I am preparing a project report on the title A STUDY

ON- CONSUMER SATISFACTION TOWARDS SAMSUNG. So

kindly lend me few valuable minutes for your response.

Name: .
Address:

.
Mobile No: .
Occupation: .

1.AGE

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18-25 [ ]

25.30 [ ]

30-35 [ ]

40&above [ ]

2. Gender:-

Male [ ]

Female [ ]

3. OCCUPATION:-

Businessman [ ]

Employed [ ]

Doctor Housewife [ ]

Students [ ]

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4. ANNUAL INCOME:-

Below 10,000 [ ]

10,000-20,000 [ ]

20,000-30,000 [ ]

Above 30,000 [ ]

5. Have you seen the advertisement of Samsung? If yes

which media?

Television [ ]

Newspaper [ ]

Magazine [ ]

Hoardings [ ]

6. Total number of brands considered before buying Samsung

products?

One [ ]

Two [ ]

Three [ ]

Four & Above [ ]

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7. How much time taken for final decision to buy Samsung

products by you?

Within a Week [ ]

Within a Month [ ]

Within 3 Months [ ]

Above 3 Months [ ]

8. Who makes the final decision to buy the Samsung product?

Solely [ ]

Along with parents [ ]

Spouse [ ]

Friends [ ]

9How often the Samsung product is used by you?

Every day [ ]

Weekly [ ]

Occasionally [ ]

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10. How many Number of users of SAMSUNG PRODUCTS in a

family?

One [ ]

two [ ]

Three [ ]

four& above [ ]

11. How will you rate the new technology in SAMSUNG

PRODUCTS?

Fair [ ]

Good [ ]

Excellent [ ]

Not Satisfactory [ ]

12. How often the you go for Service?

Weekly [ ]

Monthly [ ]

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Once in 3 Months [ ]

Once in 6 Months [ ]

Not frequently [ ]

13. How will you rate the Samsung product concerned with

price?

Cheap [ ]

Reasonable [ ]

Too costly [ ]

14. Are you satisfy with the service of Samsung product?

Excellent [ ]

Good [ ]

Fair [ ]

Poor [ ]

Thank you for your Kind and Honest response

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Date: -

Sign/-

CHAPTER-8

BIBLIOGRAPHY
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REFERENCES

Books:

NAME OF THE BOOKAUTHOR


Marketing management Philip Kotler

Product Management M . shiv Kumar

Business Research Method Reddy, Appannaiah

Website:

www.google.com

www.Samsung.org.

www.Samsung.co.in.

News paper:
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Times of India

Magazine:

Business Today

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