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Name of Researcher: Shweta Pradip Bhatia Name of Guide: Dr. Kapil Khatter Registration Date: 06-11-2012 Title (with Subtitle): Cost Analysis of Cement Companies (With Special Reference to Rajasthan) Abstract: Constructions have always played a great role in the development of any nation in any culture. Be it the age old Harappa civilization or the wonders of the world, the world still identifies a civilization with its constructions. One of the core element of any such construction is cement. The role of cement in the field of construction or real estate is essentially important. It is a mixture of compounds and acts as a binding agent which adds to the strength of any construction. All construction works such as building of houses, shopping malls, places of great social, political or economic importance, etc. all need cement as an important ingredient. However, we have seen in the recent times that the fluctuations in the rate of cement has direct effect on the cost of the construction. Controlled cement prices, will not only help industries but also individuals, as it will lead to cheaper constructions. This is especially of great value in countries where affordable housing is still a matter of concern. Cement prices, if controlled, will help greatly in achieving targets of affordable housing. However, in the modern scenario, maximization of profit is not the only objective of any business but also survival and growth in this cutthroat competition has also become equally challenging. These goals can be achieved only by satisfying the customers through supply of better quality goods and services at the lower and competitive prices. For this, a company needs to device and adopt an effective control over its activities through an effective mechanism of cost

control. The introduction chapter is divided into two major parts. The first part is brief overview of the cement industry along with its importance, manufacturing, types, growth, barriers, sickness and research in the industry. Second part is about Cost, elements of cost, classification, cost control and cost reduction. This part of the chapter was the determining factor for the further study of this research. The chapter ‘Review of Literature’ begins with the conceptual background of cost analysis system. This chapter relates to the cost analysis of cement companies, studies done on cost, cost control and cost control techniques. It describes cost analysis and cost reduction techniques evolving in different industries as a major concept and also deals with its significance. After this, it describes the different related concepts of the subject under study. It helps in exploring the different studies have already been conducted in the area and the missing gaps. The chapter on research methodology will provide us with a description of the actual research done and the objective of study. This would further explain the goal of the kind of the descriptive research adopted in the study. Further it will highlight the kind of relationship in between the study and the research methods opted for. A major part of this chapter describes how the data was collected for the study to be conducted and the procedure for the same. The chapter helps in framing the hypothesis, scope and limitations of the study. Analysis and Interpretation will give an introduction to all the parameters on the basis of which the study was done. This chapter helps in understanding the core of the study and its journey towards the findings. The chapter helps in identifying each factor responsible for the inflated costs and also helps in finding the reasons for the inflations. Further, it smoothly takes us further to the next chapter on findings of the research. Based on the analysis and the interpretations done in the previous chapter, the chapter on findings and recommendations, is used to present the findings of the research. This chapter helps in summarizing the research and conclude it by listings the recommendations of the researcher. This conclusion will suggest the future scope of the research.

Keywords: i.

Cement Companies

ii.

Cost Control

iii.

Cost Reduction

iv.

Administrative Overhead

v.

Labour Cost

vi.

Material Cost

vii.

Factory Overhead

viii.

Selling and Distribution Overhead