Regent Report

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:

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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 :

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P RIN CI PA L

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.

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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’

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

CHAPTE R NO.

PARTICULAR

1.

GENERAL INFORMATION 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10

NAME & ADDRESS OF THE COMPNY HISTORY & DEVELOPMENT COMPNY OUR MOTTO STRACTURE & FORM OF ORGANISATION CORPORATE INFORMATION SIZE OF THE UNIT COMPANY SHARE IN THE INDUSTRY NAME OF THE COMPITITOR QUALITY POLICY QUALITY PRODUCT

2.

P.NO 7

8 9 10 11 12 13 14 14 15 16 17

MARKETING DEPARTMENT 2.1 2.3 2.4 2.5 2.6 2.7 2.8 2.9

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INTORDUCTION ORGANATIONAL STRUCTURE

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MARKET SEGMENMENTATION

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PRICING POLICY

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DISTRUBUTION CHANNEL ADVERTISING RESEARCH AND DEVELOPEMENT COST AND PRODUCTION

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3.

3.1

4.

PRODUCTION DEPARTMENT

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3.2 3.3 3.4

INTRODUCTION PRODUCTS &MANUFACTURING PROCESS ORG.STRUCTION OF PRODUCTION DEPARTMENT

26 27 28

3.5 3.6 4.1

RAW MATERIAL & ITS SOURCES

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TECHNOLOGY AND MACHINARY

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4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14

INTRODUCTION ORG. OF PERSONNEL DEPARTMENT OBJECTIVE OF PERSONNEL DEPARTMENT RECRUITMENT SOURCE OF RECRUTMENT SELECTION PROCESS PERFORMANCE APPRAISAL EMPLOYEE’S FACAILITES TRAINING AND DEVELOPMENT PROMOTION AND TRAINING JOB DISCRIPTION WAGES AND SALARY FIRE AND SAFTY

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PERSONNEL DEPARTMENT

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32 33 34 35 35 36 37 38 42 43 44 45 46 47

FINANCE DEPARTMENT 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9

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INTRODUCTION ORGANIZATION OF FINANC DEPARTMENT FINANCE PLANNING MGT. OF WORKING CAPITAL SWOT ANALYSIS FINDING DU-PONT CHART BIBLIOGRPHIY CONCLUSION

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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 [email protected] Website-www.regentgranito.com

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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.

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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…. “

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STRACTURE & FORM OF ORGANAZATION Mr.Ramanbhai Patel (CHAIRMAN)

Director of Finance Production

General Manager (Finance)

Director of Marketing

General Manager (Accounts)

Taxation Manager

Branch Manager (Acc.)

H.R.Manager

Recruitment T.D.S, I.T., F.B.T.

H.O.Acc.Manager

Pay Roll

Service Tax. Excise, Sales Tax

South Zone In charge

Data Entry

Director of

North & East in charge

Reporting

Data Entry

West in charge

Reporting

Data Entry

Reporting

Purchase & Sales & Debtors (C-Form) Banking

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CORPORATE INFORMATION CHAIRMAN Shree Mr.Ramanbhai Patel M.D. Shree Mahendrabhai Patel DIRECTOR 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) 13) 14) 15) 16) 17) 18) 19) 20) 21) 22)

Gandhi Tejas bhai S. Patel Raman bhai K. Patel Kachara bhai R. Patel Alpesh bhai J. Patel Bhavesh bhai D. Patel Chandreshekar P. Patel Haresh kumar J. Patel Hasmukh bhai P. Patel Hasmukh bhai M. Patel Hitesh bhai S. Patel Jigar bhai B. Patel Kirit bhai N. Patel Naresh bhai D. Patel Pradeep bhai D. Patel Jitendra bahi L. Patel Jayesh bhai K. Patel Hashmukh bhai k. Patel Mukesh bhai P. Patel Shailesh bhai M. Patel laxaman bhai J. Patel Apal kumar J. Patel Pravin bhai K.

BANKER AXIS BANK OF INDIA. STATE BANK OF INDIA.

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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.

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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) 2) 3) 4) 5) 6) 7)

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Oracle City tiles Asian tiles Kohinoor Alaska Eureka Durato

QULITY POLICY

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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…. “

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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

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ORAGANAZATION STRUCTION OF PRODUCTION DEPARTMENT

Managing Director

Technical Director

Production Manager

Quality Control Assurance

Production Supplier

Raw material Department Good

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Store Department

Packing Material Department

Quality

Finish

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.

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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.

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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.

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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.

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ORGANATION OF PERSONNEL DEPARTMENT M.D. ! Personnel manager ! Senior office ! Executive ! Supervisor ! Workers

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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

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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

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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

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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.

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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.

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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.

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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) (2) (3) (4) (5)

ON THE JOB TRAINING OFF THE JOB TRAINING CLASS ROOM TRAINING LECTURE 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.

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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.

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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.

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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

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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.

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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

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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 .

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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.

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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

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 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

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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 Profit

Net Sales

Return on Total Assets

Net Sales

Total Cost

*

Fixed assets Net Sales

+ Total assets turnover

+

/

Investment

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.

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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

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

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edition,

by

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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