Monday, January 27, 2020
Women In Medieval Europe
Women In Medieval Europe I chose the topic of Women in Medieval Europe to write my essay about. I will attempt to provide some basic knowledge about how the lives of women were very difficult during this time. Some things that will be discussed are the submissions women had to give to men. To start this essay I ask a number of questions, the first one is as follows: What type of work did women do during this period? Women that were from poverty stricken homes would have to go out and work with their husbands to bring in more income because his alone was not enough to support their household due to women having multiple children. Women would help their husbands haul hay or plow fields. Poor women did not have shoes to wear so they walked around barefooted and during the winter they would not have any winter clothes to keep them warm so they would wrap themselves in sheets to protect them from the cold. They also took their children to work with them because they could not afford nannies like the wealthy class could. How was life different for wealthy women during this time? As with any culture having money always gives you more advantages. Although wealthy women had to obey the same things, such as not speaking unless you were spoken to or only if it was approved by a man first and obey the men. Women of higher classes had jobs to do as well some would have to help run their businesses and if their multiple businesses or properties that the family owned then she would have to help her husband over see them too. Of course they could afford to hire workers but there were somethings that had to be handled by them personally. If the womens husband passed away, then everything was left entirely up to her to take care of. Wealthy women had more advantages even when it came to caring for their children. They had the luxury of hiring nannies for this job. The nannies would even breast-feed their babies for them. Why would women in this time become a Nun? Women became nuns in this time because this was a way they could get an education and gain some rights. This was especially popular for the lower class women because this was their only hope of getting a proper education. Becoming a nun meant that she would have to be celibate and the chance of having children would be lost. By becoming a nun women grew their own crops and had their own house. With the education that was provided, they were also able to pursue careers. Many of the poor families that had multiple daughters would make their daughter become a nun because they could not afford to raise them and to ensure that they would get an education. The bad side of this was that once you became a nun it was forbidden for you to leave or have children. Back in this time it was said that a woman that could not or would not bear a mans child was of no use at all. What happened to unwed women during this time? Unmarried women that owned land or multiple properties were considered to have the same rights as men. But if and or when she did get married, then she was forced to give her husband all of her properties and she gave up her rights. Women that were not married could wear their hair down but the women that were married had to wear their hair in a linen wimple to cover her hair up because this showed sign of modesty. Women were not able to pick their husbands. Men were able to pick their wives at times. Marriages were very carefully arranged by family members. Marriages were not based on love or emotions. Families would try and arrange marriages between their daughters and sons based on economic factors. These factors would be if they had their own land, if they owned their business or if they come from a wealthy family. So once again money had a great deal to do with influences with other people. It was really a marriage of property and money that the church unified and the families would have a very large crowd of well known people to witness this occasion. This was commonly between the wealthy people but what about marriages between the poor women? The poverty stricken women and men normally married who they pleased because they had nothing to gain or lose. The legal age to get married in the medieval days was 12 for girls and 14 for boys. This was a common age to be married back then because of the expected life span. Due to lack of medical care and medicine, people died at a much younger age than they do today. There were very few reasons that the couple could get divorced. Some of the reasons they could get divorced were if they were not Christians, they were not of legal age, if they had previous promises to another person or the woman could not perform sexual relations. Women had to submit to their husbands whenever he desired for her to. Were there any powerful women during this time? One person could sum this question up and that is Joan of Arc. Joan of Arc was considered a heroic figure in France. She disguised herself as a boy to join the army and became one of the most famous leaders. Women were not allowed to join the army and that is the reason she disguised herself as a boy. Joan had said that she had visions from God and he was calling her to be a warrior. There were other famous women such as Hildegard of Bingen who was considered to be a very famous writer of sacred music in the middle ages, Christine de Pizan was a famous writer and feminist one of her more popular books were The Book of the City of Ladies and last but not least there was Lady Godiva, she was the woman famous for riding nude on a horse through the town of Coventry. She wanted to prove that the towns people were honorable and would not look at her being naked. There were a number of much respected Queens during this time, as well as a number of princesses. Final question that runs through my mind is was it really that bad for women? My answer would be yes it was extremely bad for women. Women had absolutely no rights at all. Any man in the family could tell her to do something and she had to do it. If she did not do what she was asked to do then she was badly beaten. It was said that a woman that did not obey was disobeying God. A woman had to give up her land and rights to the man she married. Also women were not even allowed to pick the person they were to marry. Imagine if it was the same way today! So many women are so outspoken and very independent that we couldnt even think about a man running our entire lives. Not only not being able to speak or do what we want to do but to be badly beaten just because we choose not to. Women were also very often accused of doing very awful things. Some of the accusations were practicing witchery; women would be burn at the stake for this. Conclusion: The conclusion for my essay is that with all of the research that I have done to see what the lives were like for women during the Medieval Period, I have found that their lives did seem extremely hard and unfair. To justify why this may have been, many would say Christianity. Eve was perceived as the trouble maker and then there was the impurity that many men thought women had because of menstrual cycles. While Christianity might have played a role as to why men thought they could treat women this way, it also provided protection for women as well. It did not allow divorce for any given reason (as it is today). It also did not allow the men to kill their wives. Sure they were able to beat them within an inch of their life but at least they did get to keep their life. There were some kings that treated women fairly and had a great deal of respect for them but there were not a lot of them. But this was well over a thousand years ago and a lot of things have changed since that time. I am personally, very grateful that they have changed!
Sunday, January 19, 2020
Bingo vs Lays
Project Report On I. T. C ââ¬â Bingo V/S Frito-Lays V/S Submitted By:Under the guidance ofSubmitted to: Harpratap Singh- Prof. Santosh DharJ. K. Lakshmipat M. B. A II Semester(Professor MBA Dept)University, ââ¬â Mr. Sachin KadamJaipur (Area Executive ITC Mumbai) Declaration I hereby declare that my Project Report entitled ââ¬Å"I. T. C ââ¬â Bingo V/S Frito-Laysâ⬠is an authentic work done by me. The Project was undertaken as a part of the course curriculum of MBA of J. K. Lakshmipat University, Jaipur, Rajasthan. This has not been submitted to any other examination body earlier. Date: SignaturePlace: JaipurHarpratap Singh MBA II Semester Acknowledgement I would like to express my sincere gratitude to Prof. Santosh Dhar my project guide from Institute of Management, J. K. Lakshmipat University, Jaipur, Rajasthan and my company Guide; Area Executive Mr. Sachin Kadam for the successful completion of my project ââ¬â I. T. C Bingo v/s Frito-Lays. I sincerely thank th em for their extended support and encouragement from the initial to the final stages enabling me to develop a better understanding and provided me proper and correct direction for the completion of the Project work.Date: Harpratap Singh Place: Jaipur MBA II Semester Content S. No. | Title| Page No. | 1. | Title| 1| 2. | Declaration & Acknowledgement| 2-3| 3. | Executive Summary| 5| 4. | Company Profile| 6-15| 5. | Industry Overview| 16-17| 6. | Project Objectives| 18| 7. | Research Methodology| 19-20| 8. | About Bingo & Lays| 21-34| 9. | Observations and Findings| 35-37| 10. | Data Collection, Representation & Interpretation| 38-48| 11. | Recommendations| 49-50| 12. | Conclusion| 51| 13. | Annexure| 52-53| 4. | References| 54| Executive Summary Since its launch period in March, 2007, BINGO as a brand has been through a lots of ups and downs. Both Branding and Sales and Distribution aspects of marketing for BINGO have been explored and matured to a large extent. Though the product i tself is considered to be in a growth stage, with a market share of 16% in the branded snacks food category, it has been successful to a large extent in creating the required Brand recall for the category. With the fast growing retail industry in India, competition has increased between the major market players.Companies are continually trying to engage and construct innovate ideas to service this market. This project aims to study about ITC Bingo snacks and its competitor Frito-Lays. The project provides information about the various procedures followed by ITC with respect to distribution chain function, and client management and the comparison and interpretation of data collected in regard with the project topic. The project includes a mix of observation, interview and questionnaires. Initially a period of 45 days was dedicated to fieldwork under the guidance of Area Executive Mr.Sachin Kadam of ITC limited. An effort was made to understand the various servicing procedure, the typ ical areas/localities, and kinds of retailers, classes of customers and the sales and distribution process and the retailersââ¬â¢ point of view for Bingo and Lays Regular interaction was done with retailers and distributors about the response and flow of product and variants respectively along with the competitor Laysââ¬â¢. Through this it makes easy to understand the process of accessing the competitorââ¬â¢s response in that outlet. week was dedicated to collect information of Frito-Lays regarding their marketing strategy, distribution and sales network and other useful information from the company officials. This project also includes the various tasks given to me by my AE and then my observation at retail outlets, the routes/areas/localities and the sales and distribution process. I concluded my project with some of my suggestion and recommendations, and the questionnaire that I had used to collect the primary data. The findings and recommendations help in better underst anding the shortcomings in the sales and distribution process of Bingo. As observed) Company Profile ITC is one of India's foremost private sector companies with a market capitalization of over US $ 33 billion and a turnover of US $ 7 billion. ITC is rated among the World's Best Big Companies, Asia's ââ¬ËFab 50â⬠² and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by Business World and among India's Most Valuable Companies by Business Today. ITC also ranks among India's top 10 `Most Valuable (Company) Brands', in a study conducted by Brand Finance and published by the Economic Times.ITC also ranks among Asia's 50 best performing companies compiled by Business Week. ITC has a diversified presence in Cigarettes, Hotels, Paperboards ; Specialty Papers, Packaging, Agri-Business, Packaged Foods ; Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products. While ITC is an outstanding market leader in its traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports, it is rapidly gaining market share even in its nascent businesses of Packaged Foods ; Confectionery, Branded Apparel, Personal Care and Stationery.As one of India's most valuable and respected corporations, ITC is widely perceived to be dedicatedly nation-oriented. Chairman Y C Deveshwar calls this source of inspiration ââ¬Å"a commitment beyond the marketâ⬠. In his own words: ââ¬Å"ITC believes that its aspiration to create enduring value for the nation provides the motive force to sustain growing shareholder value. ITC practices this philosophy by not only driving each of its businesses towards international competitiveness but by also consciously contributing to enhancing the competitiveness of the larger value chain of which it is a part.ITC's diversified status originates from its corporate strategy aimed at creating multiple drivers of growth anchored on its time-tested core competencies: unmatched distribution reach, superior brand-building capabilities, effective supply chain management and acknowledged service skills in hoteliering. Over time, the strategic forays into new businesses are expected to garner a significant share of these emerging high-growth markets in India. ITC's Agri-Business is one of India's largest exporters of agricultural products.ITC is one of the country's biggest foreign exchange earners (US $ 3. 2 billion in the last decade). The Company's ââ¬Ëe-Choupal' initiative is enabling Indian agriculture significantly enhance its competitiveness by empowering Indian farmers through the power of the Internet. This transformational strategy, which has already become the subject matter of a case study at Harvard Business School, is expected to progressively create for ITC a huge rural distribution infrastructure, significantly enhancing the Company's marketing reach.ITC's wholly owned Information Technology s ubsidiary, ITC InfoTech India Ltd, provides IT services and solutions to leading global customers. ITC InfoTech has carved a niche for itself by addressing customer challenges through innovative IT solutions. ITC's production facilities and hotels have won numerous national and international awards for quality, productivity, safety and environment management systems. ITC was the first company in India to voluntarily seek a corporate governance rating. ITC employs over 26,000 people at more than 60 locations across India.The Company continuously endeavours to enhance its wealth generating capabilities in a globalising environment to consistently reward more than 4,14,000 shareholders, fulfil the aspirations of its stakeholders and meet societal expectations. This over-arching vision of the company is expressively captured in its corporate positioning statement: ââ¬Å"Enduring Value. For the Nation. For the Shareholder. â⬠ITC was incorporated on August 24, 1910 under the name o f ââ¬ËImperial Tobacco Company of India Limited'. ITC had a humble beginning and in the initial days it used to operate from a leased office on Radha Bazar Lane, Kolkata.On its 16th birthday on August 24, 1926, ITC purchased the plot of land situated at 37, Chowringhee, (now renamed J. L. Nehru Road) Kolkata. Two years later companies headquarter building; ââ¬ËVirginia House' came on that plot. Progressively the ownership of the company Indianised and the name of the Company were changed to I. T. C. Limited in 1974. In recognition of the Company's multi-business portfolio encompassing a wide range of businesses, the full stops in the Company's name were removed effective September 18, 2001 and the Company was rechristened as ââ¬ËITC Limited'.ITC is a board-managed professional company, committed to creating enduring value for the shareholder and for the nation. It has a rich organisational culture rooted in its core values of respect for people and belief in empowerment. It s philosophy of all-round value creation is backed by strong corporate governance policies and systems. ITCââ¬â¢s corporate strategies are: * Create multiple drivers of growth by developing a portfolio of world class businesses that best matches organisational capability with opportunities in domestic and export markets. Continue to focus on the chosen portfolio of FMCG, Hotels, Paper, Paperboards & Packaging, Agri Business and Information Technology. * Benchmark the health of each business comprehensively across the criteria of Market Standing, Profitability and Internal Vitality. * Ensure that each of its businesses is world class and internationally competitive. * Enhance the competitive power of the portfolio through synergies derived by blending the diverse skills and capabilities residing in ITC are various businesses. Create distributed leadership within the organisation by nurturing talented and focused top management teams for each of the businesses. * Continuously stren gthen and refine Corporate Governance processes and systems to catalyse the entrepreneurial energies of management by striking the golden balance between executive freedom and the need for effective control and accountability. I. T. C and its diversified businesses: Cigarettes: ITC is the market leader in cigarettes in India and has a wide range of popular brands such as Insignia, India Kings, Classic, Gold Flake, Silk Cut, Navy Cut, Scissors, Capstan, Berkeley, Bristol and Flake in its ortfolio. Packaging: ITC's Packaging ; Printing Business is the country's largest convertor of paperboard into packaging. It was set up in 1925 as a strategic backward integration for ITC's Cigarettes business. It offers a variety of value-added packaging solutions for the food ; beverage, personal products, cigarette, liquor, cellular phone and IT packaging industries. Hotels: ITC entered the hotels business in 1975 with the acquisition of a hotel in Chennai, which was rechristened Hotel Chola. Toda y ITC-Welcomgroup with over 70 hotels is one of the foremost hotel chains in India.Paperboards: In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam Paperboards. ITC's Paperboards business has a manufacturing capacity of over 360,000 tonnes per year and is a market leader in India across all carton-consuming segments. Greeting, Gifting & Stationery: ITC's stationery brands ââ¬Å"Paper Kraftâ⬠; ââ¬Å"Classmateâ⬠are widely distributed brands across India. The Paperkraft designer stationery range consists of notepads ; multi subject notebooks in hard, soft covers ; multiple binding formats including spirals, wiros etc.ITC's Greeting & Gifting products include Expressions range of greeting cards and gifting products. Safety Matches: ITC's brands of safety matches include iKno, Mangaldeep, VaxLit, Delite and Aim. The Aim is the largest selling brand of Safety Matches in India. ITC also exports premium brands to markets such as Europe, Africa and the U SA. Aggarbattis: ITC has launched Mangaldeep brand of Aggarbattis with a wide range of fragrances like Rose, Jasmine, Bouquet, Sandalwood, Madhur, Durbar, Tarangini, Anushri, Ananth and Mogra.Mangaldeep is also being exported to USA, UAE, Bahrain, Nepal, Singapore, Malaysia, Oman and South Africa. Lifestyle Retailing: ITC entered the Lifestyle Retailing business with the Wills Sport range of international quality relaxed wear for men and women in 2000. The Wills Lifestyle chain of exclusive stores later expanded its range to include Wills Classic formal wear (2002) and Wills Clublife evening wear (2003). In 2002, ITC entered into the popular segment with its men's wear brand, John Players.In 2005, ITC introduced Essenza Di Wills, an exclusive line of prestige fragrance products. Food: ITC made its entry into the branded & packaged Foods business in August 2001 with the launch of the ââ¬Å"Kitchens of Indiaâ⬠brand. In 2002 it expanded into Confectionery, Staples and Snack Food s segments. ITC's brand in Food category includes: Kitchens of India, Aashirvaad, Sunfeast, Mint-O, Candyman, and Bingo! Agri Exports: ITC's International Business Division (IBD) is the country's second largest exporter of agri-products.ITC exports Feed Ingredients (Soyameal), Food grains (Rice, Wheat, and Pulses), Coffee ; Spices, Edible Nuts, Marine Products, and Processed Fruits. E-choupal: The e-Choupal model of ITC has been very effective in tackling the challenges posed by the unique features of Indian agriculture, characterized by fragmented farms, weak infrastructure and the involvement of numerous intermediaries. Board of Directors | Y. C. Deveshwar (Chairman) Executive Director Nakul Anand P. V. DhobaleK. N. Grant Non-Executive Directors A BaijalS.BanarjeeAV Girija Kumar S H KhanS B MathurD K Mehrotra H G PowellP B RamanujamAnthony Ruys Basudeb SenK. VaidyanathB Vijayraghavan Award Winning ITC ITC constantly endeavours to benchmark its products, services and processes to g lobal standards. The Company's pursuit of excellence has earned it national and international honours. ITC is one of the eight Indian companies to figure in Forbes A-List for 2004, featuring 400 of ââ¬Å"the world's best big companiesâ⬠. Forbes has also named ITC among Asia's Fab 50â⬠² and the World's Most Reputable Companies.ITC has several firsts to its credit: ITC is the first from India and among the first 10 companies in the world to publish its Sustainability Report in compliance (at the highest A+ level) with the latest G3 guidelines of the Netherlands-based Global Reporting Initiative (GRI), a UN-backed, multitask holder international initiative to develop and disseminate globally applicable Sustainability Reporting Guidelines. ITC is the first Indian company and the second in the world to win the prestigious Development Gateway Award.It won the $100,000 Award for the year 2005 for its trailblazing ITC e-Choupal initiative which has achieved the scale of a movement in rural India. The Development Gateway Award recognizes ITC's e-Choupal as the most exemplary contribution in the field of Information and Communication Technologies (ICT) for development during the last 10 years. ITC e-Choupal won the Award for the importance of its contribution to development priorities like poverty reduction, its scale and reliability, sustainability and transparency.ITC has won the inaugural ââ¬ËWorld Business Award', the worldwide business award recognizing companies who have made significant efforts to create sustainable livelihood opportunities and enduring wealth in developing countries. The award has been instituted jointly by the United Nations Development Programme (UNDP), International Chamber of Commerce (ICC) and the HRH Prince of Wales International Business Leaders Forum (IBLF). ITC is the first Corporate to receive the Annual FICCI Outstanding Vision Corporate Triple Impact Award in 2007 for its invaluable contribution capital for the nation.IT C has won the Golden Peacock Awards for ââ¬ËCorporate Social Responsibility (Asia)' in 2007, the Award for ââ¬ËCSR in Emerging Economies 2005ââ¬â¢ and ââ¬ËExcellence in Corporate Governance' in the same year. These Awards have been instituted by the Institute of Directors, New Delhi, in association with the World Council for Corporate Governance and Centre for Corporate Governance. The Company's Green Leaf Threshing plants at Chirala and Anaparti in Andhra Pradesh are the first units of their kind in the world to get ISO 14001-environment management systems certification.ITC's cigarette factory in Kolkata is the first such unit in India to get ISO 9000 quality certification and the first among cigarette factories in the world to be awarded the ISO 14001 certification ITC Maurya in New Delhi is the first hotel in India to get the coveted ISO 14001 Environment Management Systems certification. ITC Filtrona is the first cigarette filter company in the world to obtain ISO 14 001 ITC InfoTech finds pride of place among a select group of SEI CMM Level 5 companies in the world.ITC's Green Leaf Threshing plant in Chirala is the first in India and among the first 10 units in the world to bag the Social Accountability (SA 8000) certification ITC Chairman Y C Deveshwar has received several honors over the years. Notable among them are: Year| Award| | | 2007| SAM/SPG Sustainability Leadership Award conferred at the International Sustainability Leadership Symposium, Zurich. | 2006| Business Person of the Year from UK Trade & Investment, the UK Government organisation that supports overseas businesses in that country. 2006| Inducted into the `Hall of Pride' by the 93rd Indian Science Congress| 2005| Honoured with the Teacher's Lifetime Achievement Award| 2001| Manager Entrepreneur of the Year from Ernst & Young Retail Visionary of the Year from Images, India's only fashion and retail trade magazine| 1998| Honorary Fellowship from the All India Management Associat ion| 1996| Distinguished Alumni Award from IIT, Delhi | 1994| Marketing Man of the Year from A&M, the leading marketing magazine| 1986| Meridian Hotelier of the Year| Some of the other notable recognitions are:The Stockholm Challenge 2006 for the e-Choupal initiative. This award is for using Information Technology for the economic development of rural communities. The Corporate Social Responsibility Crown Award for Water Practices from UNESCO and Water Digest for its distinguished work carried out in the water sector in India. ITC also received the National Award for Excellence in Water Management 2007 in the ââ¬Ëbeyond the fence' category from the CII Sohrabji Godrej Green Business Centre for its leadership role in implementing water and watershed management practices.The watershed programme also won the Asian CSR Award 2007 for Environmental Excellence given by the Asian Institute of Management. The Award recognizes and honours Asian companies for outstanding, innovative and wo rld-class projects. The Company also received the Ryutaro Hashimoto Incentive Prize 2007 for Environment & Development from the Asia Pacific Forum. This Award aims at promoting information dissemination of good practices towards sustainable development in the Asia-Pacific region.The Readers' Digest Pegasus Award for corporate social responsibility, recognizing outstanding work done by socially conscious companies. The Corporate Award for Social Responsibility 2008 from The Energy and Resources Institute (TERI) in recognition of its exemplary initiatives in implementing integrated watershed development programmes across 7 states in India. The company also won the award in 2004 for its e-Choupal initiative. The Award provides impetus to sustainable development and encourages ongoing social responsibility processes within the corporate sector.The ââ¬ËEnterprise Business Transformation Award' for Asia Pacific (Apac), instituted by Infosys Technologies and Wharton School of the Univer sity of Pennsylvania for its celebrated e-Choupal initiative. The Business Today Award for the Best Managed Company in recognition of its outstanding initiatives in the consumer products segment. The only Indian FMCG company to have featured in the Forbes 2000 list. The Forbes 2000 is a comprehensive ranking of the world's biggest companies, measured by a composite of sales, profits, assets and market value. The list spans 51 countries and 27 industries.The NDTV Profit Business Leadership Award for being the Best Food Company of 2007. The Award has been instituted to recognize organizational excellence. The CNBC-TV18's International Trade Award 2008 for Outstanding Exporter of the Year in the FMCG & Food category. ITC continues its dominance of The Economic Times' Brand Equity listing of India's 100 Biggest FMCG Brands, with three brands from its stable making it to the top five. Gold Flake remains India's biggest FMCG brand in terms of sales. Navy Cut ranks at No. 4. ITC's Scissors brand ranks at No 5 and is the only new entrant into the top 10.Restaurant magazine has chosen Bukhara at the ITC Maurya, New Delhi as the best Indian restaurant in the world and the best restaurant in Asia. Bukhara has also been adjudged one of the top 50 restaurants in the world by the London based magazine ââ¬ËThe Good Food Guide'. Bukhara is the only South Asian restaurant to figure in the list. The ââ¬Å"Best Supply Chain Practices Awardâ⬠for time-effective and cost-efficient Logistics Management in Organized Retail to ITC's Lifestyle Retailing Business Division (LRBD) Indian Snack Industry Snacks are a part of Consumer Convenience/ Packaged Foods segment.Snack is described as a small quantity of food eaten between meals or in place of a meal. Snack food generally comprises bakery products, ready-to-eat mixes, chips, namkeen and other light processed foods According to the ministry of food processing, the snack food industry is worth Rs 100 billion in value and over 4,00,000 tonnes in terms of volume. Though very large and diverse, the snacks industry is dominated by the unorganized sector. According to an Apeda survey almost 1,000 snack items and 300 types of savories are sold across India. The branded snacks are sold at least 25% higher than the unbranded products.Savory snacks have been a part of Indian food habit, since almost ages. Though there is no particular time for snacks, normally they are consumed at teatime. The variety is almost mind-boggling with specialties from all regions, which have gained national acceptance. The industry has been growing around 10% for the last three years, while the branded segment is growing around 25% per annum to stand at Rs 5,000-Rs 5,500 crore, due to various reasons like Multiplex culture, snacking at home while watching TV, pubs and bars (where they are served free).AC Nielsen's retail audit shows that the large sales volumes are due to a marked preference for ethnic foods, regional bias towards ind igenous snacks and good value-for-money perception. Of course the branded segment is much smaller at Rs 2,200 crore, which is what makes it so attractive to food Companies that are looking at bigger shares. In the branded snacks market, to get down to basics, Frito Lay commands a share of 45%, followed by Haldiramââ¬â¢s at 27% and ITC at 16%. The rest is divided between a handful of new entrants, wannabes and many regional players.Of the wide range of snacks available, potato chips constitute a sizeable segment of the Indian snack food industry, according to India Infoline. The potato chip market is generally an unorganized industry. Nearly all potato chip snack products are manufactured and sold locally. There is also no uniform standard for packaging, as there is in Europe, the United States and other more developed regions. Many snack foods are sold loose or packaged in poly-pouches, which may only be folded, or in some cases, stapled closed.As the Indian economy continues to grow, and production standards improve, many snack food companies are making significant investments into plant equipment and packaging machinery. Potato-based snacks, and in particular potato chips, are the largest product segment, holding an 85%-share of the salty snack market Pepsi Foods Ltd. , now known as Frito-Lay India Ltd. , produces India's largest snack food manufacturersââ¬â¢ brands, including Ruffles, Hostess, Cheetos and Uncle Chips. Frito Lay's story is an example of how American recipes were adjusted to satisfy local tastes.Procter & Gamble's Pringles brand of potato crisp was launched in Delhi in 1999. Pringles is also a baked potato crisp, unlike many other potato based Indian snack foods that are fried. P&G currently imports the Pringles product and therefore the product has been priced at a premium and is marketed to a micro-niche. Also to be kept in mind, organized sector is growing at 15 -20 per cent a year, and unorganized sector is growing at 7-8 per cent. Project Objectives 1. Find and know everything on Bingo 2. Find out about the competitor Lays . To find out the key points of difference in the process of Distribution & selling, and of Bingo and Lays. 4. To understand the workings of DS (Distributor Salesman) 5. To understand the workings of Supervisor 6. To check and achieve visibility, availability and quality distribution across the identified target outlet. 7. To know and evaluate the response of retailer about the product. 8. To understand the details of Order Booking and Ready stocking. 9. To find out the key points where Lays has the edge over Bingo 10.To identify the areas, methods, ideas that can help in increasing Bingoââ¬â¢s sales. Research Methodology It includes the response of Bingo Snacks from retailers at retail outlets with respect to its competitors. It also includes the responses of competitor Frito-Lays from various sources. Work at retail outlets: 1) To check the availability of products. 2) To check visibil ity of products. 3) SWOT analysis of products. 4) To check how old the product is. 5) To trace the complaints regarding the product. 6) Identifying what would the factor to increase sale.Data collection technique: ââ¬â 1) Interview with retailers, customers, distributors, and company officials of ITC. 2) Interview with distributors and company officials of Frito-Lays 3) Primary data via 1) Questionnaire, 2) Observation, 3) Interview 4) Secondary data from, 1) Newspaper, 2) Internet Sampling Plan: ââ¬â Sample size100 Retailers Sample SegmentationOn the basis Location, & Type of Outlet. Sampling AreaAndheri(includes Andheri East and West, Jogeshweri East & West, Juhu, Irla, J.P. Road, Lalubhai, A. K. Road, Sahar Road,Sher e Punjab, Mahakali, Chakala, Takshila, Lokhandwala, Shastri Nagar, Veera Desai Road, Bhawani Nagar, Marol Military Road, Vile Parle East & West) BINGO! No Confusion Great Combination About Bingo The Bingo brand of chips was launched by à ITC on 14th March 2007 with an aim to capture at least 25 percent market share of the Rs 2000 crore branded snack market within five yrs.The launch is symbolic of ITC Foods' distinct approach of introducing innovative and differentiated products in a largely undifferentiated market place. Bingoââ¬â¢s launch was strategically timed around the World Cup. The idea was to get the consumer to take that first bite. This was an extremely ambitious target according to observers as the market was dominated by the Frito Lay group (owned by Pepsi Co) with a slew of brands like Lays, Kurkure and Uncle Chipps holding 50 per cent of the market share. The other was the Haldiram group with 25 percent of the market share.Bingoââ¬â¢s portfolio includes an array of products in both Potato Chips & Finger Snacks segment. Bingo! is positioned as a youthful and innovative snack, offering the consumers a choice of flavours that are fast becoming popular. Bingo used combination of leveraging synergies, building on cons umer insights and high decibel advertising can win the game. The company leveraged its existing distribution network and relationship established with farmers. Its earlier foray into categories like atta and biscuits had already given it access to the supply chain.ITC Foodââ¬â¢s salted snack brand Bingo continues to tickle consumer taste buds with new variants. The latest to hit the shelves is Tangles, the fourth in its portfolio, after Bingo potato chips, Bingo Tedhe Medhe and Bingo Mad Angles. The product, which took two years to develop, will be launched in select markets in north and south India, before being scaled up nationally. The market for ââ¬Ëwesternââ¬â¢ format of snacking is fairly nascent in India, and the addition of variants, the company hopes, will help create ââ¬Å"new pegs of loyaltyâ⬠. In snack food, consumers are always looking for change, and as a brand we strive to provide this through a unique mix of taste, bite and shapes,â⬠says Chittara njan Dar, CEO, ITC Foods. To begin with, Tangles will be available in a unique pillow pack shape, in two flavours, Masala and Tomato. Subsequently, Tangles will be extended to regional flavours. Bingo, which is estimated to be worth Rs 650-700 crore, is expected to break even this year, say analysts. Since its launch in 2007, the brand has given stiff competition to market leader Pepsi.While Pepsi brands Lays and Kurkure lead by a huge margin, their shares have taken a hit in recent months. According to Nielsen 2010 data, Lays potato wafers reported a drop in share from 48 to 45 per cent, and Kurkure witnessed a 3 per cent decline in market share between January-December 2009 to January-December 2010. On the other hand, Bingoââ¬â¢s potato chips have notched a 1 per cent increase in share, whereas its sub-brands in the bridge category like Tedhe Medhe and Mad Angles have seen a small rise in market share.Other players in the snack food arena are mostly Indian players such as Parle Products, Haldiram and Balaji Namkin, besides a host of local and regional brands. The launch of Tangles is in line with the companyââ¬â¢s strategy to focus on the ââ¬Ëbridge segmentââ¬â¢. Dar explains, ââ¬Å"Today, potato chips represent almost 70 per cent of snack food consumption, with the bridge category still small. In the next few years, we expect the numbers to reverse. Thatââ¬â¢s because Indians are used to snacking alternatives as each region in India has its own snack options. With Tangles, ITC will adopt a similar route to communication and distribution as it did for the other Bingo variants. The new television commercial for Tangles, slated to be on air in a month, will continue to flog the ââ¬Ëyouthââ¬â¢ plank. On the distribution front, the company will invest in sampling and providing innovative racks to trade. Dar admits that unlike biscuits, sales of chips in rural areas is still a very small part of the market. Bingo currently reaches 5. 5 lakh outlets and it aims to increase it by 2 lakh every year. So is a health variant on Darââ¬â¢s wishlist?He is not blind to the opportunity, but notes in a category like snacks, where consumption happens in small quantities, the health proposition needs to be weaved in with taste. Variants/Flavours Bingo! Potato Chips| | Potato Chips ââ¬â Variants| à | à à Product Description| | Premium Salted| à | Salted crunchy potato chips| | International Cream N Onion| à | Unique combination of cheese, cream and spring onion on potato Chips| | Red Chilli Bijli| à | Potato chips spiced up with red-hot chillies| | Spicy Masala Remix| à | A mix of spicy masalas on potato chips. | Juicy Tomato Ketchup| à | Succulent, ripe tomatoes on crisp and crunchy potato chips| | Pickle Tickle| à | Tongue-tickling combination of achaari lemons and potato chips| | Fiery Red Tomato| à | Potato Chips smeared with dry red chillies and juicy red tomatoes| | Oye Pudina| à | Combination of cr unchy potato chips and sprinkling of fresh Pudina leaves| | Bingo! Mad Angles ââ¬ââ⬠har angles se Mmmmâ⬠¦Ã¢â¬ One of the biggest successes from the Bingo! portfolio, Bingo! Mad Angles has carved a niche for itself in the consumers mind and is synonymous with the perfect triangular snack.A combination of innovative flavours on a traditional khakra base, Mad Angles is a snack that is true to taste and perfect flavour delivery as well as shape, making it a snack thatââ¬â¢s trulyâ⬠har angles se Mmmmâ⬠¦Ã¢â¬ What's new? Bingo! brings you the chaat flavour that you can savour without having to stop by theà ââ¬Å"gali ka chaatwalaâ⬠. Let your fingers dive in to the perfect combination of the taste of fresh pudina, tangy tamarind, creamy yogurt and of course, the crunchiness of khakra triangles. Available in packs of Rs. 5, Rs. 10 and Rs. 20, the new Bingo!Mad Angles Masti Chaat now adds to the excitement of Mad Angles range from Bingo! Bingo! Mad Angles| | Mad Angles Variants| à | à à Product Description| | Mad Angles Tomato Mischief| à | A combination of khakra-like crunchy triangles with tangy tomato flavour| | Mad Angles Chilli Dhamaka| à | Crunchy triangles with a taste of chillies| | Mad Angles Achaari Masti| à | Mouth-watering combination of Mad Angles andà sweet-sour mango pickle| | Mad Angles Masti Chaat| à | A chaat flavor that you can savour without having to stop by the galli kaà chaatwaala.The perfect combination of fresh pudina, tangy tamarind, creamy yogurt and of course, the perfection ofà khakraà triangles. | | | | Bingo! TanglesThe latest addition to the Bingo! portfolio is Bingo! Tangles in masala and tomato flavours. Each piece of this innovative crunchy snack is made out of strands loaded with lip smacking masala or tantalizing tomato flavours. Once bitten, they break into many more delicious strands in the mouth. | ââ¬ËBe A Little Dillogicalââ¬â¢ About Layââ¬â¢s Brand HistoryLayà ¢â¬â¢s, the worldââ¬â¢s largest and favourite snack food brand, has steadily established itself as an indispensable part of Indiaââ¬â¢s snacking culture since its launch in 1995. With its irresistible taste, international and Indian flavours and youth-centric imagery, Layââ¬â¢s has established itself as a youth brand and continues to grow in the hearts and mind of its consumers. Over the years, Layââ¬â¢s has become known for its engaging and innovative promotions and campaigns. The brand known for its ââ¬ËNo one can eat just oneââ¬â¢ campaign has moved its positioning to ââ¬ËWhatââ¬â¢s the programme? making Layââ¬â¢s ââ¬Ëthe main food of every programmeââ¬Ë! Frito-Lay India Ltd. produces India's largest snack food manufacturerââ¬â¢s brands, including Ruffles, Hostess, Cheetos and Uncle Chips. Frito Lay's story is an example of how American recipes were adjusted to satisfy local tastes. Saif Ali Khan has been the face of the brand for over five y ears, and has recently been joined by the captain of the Indian cricket team M. S. Dhoni. Both embody the youthful energy and appeal of the brand.In 2008, Layââ¬â¢s launched the never-before ââ¬ËFight for Your Flavourââ¬â¢ allowing consumers to vote for the flavour of their choice. The flavour with the maximum votes would continue in the market. The flavours have been selected by the Layââ¬â¢s brand ambassadors Saif Ali Khan and M. S. Dhoni with each celebrity rooting for the flavour of their choice. In November 2008, Layââ¬â¢s made yet another innovative breakthrough ââ¬âà the Chip-n-Sauce pack. This first-to-market pack has been launched for cricket lovers as they settle in their seats to savour the best sporting action of the season.The Layââ¬â¢s Chip-n-Sauce large pack comes in two unique flavours ââ¬â Chilli Chinese with a Schezwan Sauce sachet and Chatpata Indian with a Tamarind Sauce sachet inside the pack. In June 2009, Layââ¬â¢s launched its n ew positioning platform: ââ¬ËLayââ¬â¢s ââ¬â Be a Little Dillogicalââ¬â¢. The new Dillogical concept makes an instant connect with youth caught between the desire to succeed and the desire to remain engaged with certain moments that offer a deep emotional fulfilment. This friction is like a game between the heart and the head, a struggle between what you want to do and what you have to do.Itââ¬â¢s all about making things that matter to the heart, happen. The new platform has been launched with a series of ads built around the universal consumer struggle between what the mind asks one to do and what the heart desires. A powerful 360 degree approach supports the new TVC, and has indeed prompted consumers to be a little Dillogical. WINNING FLAVOUR Layââ¬â¢s, the world and Indiaââ¬â¢s No 1 potato chips brand from Frito-Lay India, is all set to provide some new lip smacking tastes to its consumers. The four short listed flavors from a whopping 1. million ideas came f rom four winning consumers, each of whom gets Rs 5 lakh for their dillogical flavor ideas. Cheesy Mexicana, Tangy Twist, Mastana Mango and Hip Hop Honey & Chilly from a three-month long Give Us Your Delicious Flavor (GUYDF) campaign. The four flavors will be sold in the market across India for the next two months with the theme bachega sirf tastiest (survival of the tastiest). The flavor that elicits the maximum consumer votes will not only continue to stay in the market as the mega winner, but its ideator would be awarded a grand prize of Rs 50 lakh and 1% of sales revenue.KurKure Brand History: Launched in 1999, this perfect ââ¬Ënamkeenââ¬â¢ snack, developed entirely in India, has come to be identified with fun and lovable human quirks. It developed an even stronger identity through associations with celebrities like Juhi Chawla (2003) and Kareena Kapoor (2008), well-known Indian actors. Brand Promise: Kurkure is a crunchy new-age namkeen snack brand which symbolizes light-h earted fun. Embodying the spirit of India, Kurkure has found a home in millions of hearts and minds and enjoys the position of a strong Lovemark brand in India.Juhiââ¬â¢s vibrant and fun-loving personality complements and embodies the essence of Kurkure. Over the years, Kurkure has journeyed effortlessly from being a snack with a twist to becoming an integral part of Indiaââ¬â¢s teatime menu and an embodiment of endearing human ââ¬Ëimperfectionsââ¬â¢ or ââ¬Ëtedhapanââ¬â¢. Innovations Kurkure has constantly re-invented itself to sustain its relevance to Indian culture and the Indian ethos. Not only does Kurkure provide an inimitable taste and superior quality, it has also brought fame and happiness to many through its ââ¬ËChai-time-achieversââ¬â¢ face on pack initiative.Kurkure Desi Beats: Kurkure Desi Beats is an exciting new range of crunchy triangular snacks in irresistible Indian flavours. This newly launched youth-oriented sub-brand personifies our inhere nt ââ¬ËDesiââ¬â¢ spirit and gives one the license to be Desi. Desi Beats celebrates the contemporary Indian youth who straddles both tradition and modernity and is confident of his Indian identity. VARIANTS OF FRITO LAYS CHIPS| Kurkure| Uncle chips| Aliva| 1. Spanish tangy tomato| 1. Masala munch| 1. Spicy treat| 1. Special | 2. American cream and onion| 2. Chili chatka| 2. Chatpata Masala| 2.Special tomato| 3. Classic salted| 3. Funjabi(rajma)| Others | 3. Special salted| 4. Magic Masala| 4. Rajhasthani| Desi beats| 4. Special mint| Winning flavours| 5. Hyderabadi| | New| 5. Hip hop honey| 6. Solid masti twist| | 5. Cream & herb| 6. Cheesy Mexicana| 7. Solid masti khatta-mittha| | 6. Pizza Blast| 7. Tangy twist| 8. Dewana tomato desi beat| | 7. Sweet Chilly| 8. Mastana mango| 9. Flirty lime| | 8. Apple Delight| | 10. Naughty tomato| | 9. Milk Minis Sugar Vanilla| Competition among the variants of Bingo and Lays Chips| | 1. Spicy Masala remix| Chilly Mexicana| . International cream onion| American cream and onion| 3. Juicy tomato ketchup| Spanish tangy tomato| 4. Red chili bingo| Magic Masala| 5. Premium salted| Classic salted| Bridges | | 6. Mad angle tomato| Kurkure Dewana tomato| 7. Mad angle chilli| Kurkure chili chatka| 8. Mad angle achari| Kurkure Rajhasthani| 9. Hatke-Jhatke Funky| Kurkure Funjabi| 10. Hatke-Jhatke Tomato| Kurkure Naughty Tomato| 11. Tedhe-Medhe| Kurkure Masala Munch| Market Pattern (India) S. W. O. T Analysis of Bingo Strengths 1. Excellent branding and advertising on TVCs and print ads 2.Great variety of flavours gives customers options 3. Reasonable pricing ensures spontaneous purchase 4. Strong backing of ITC Limited brand name Weakness 1. A slight gap in demand and supply on bingo 2. Lacking in infrastructure as compared to Lays 3. Shallow penetration 4. Not well trained and inexperienced salesman Opportunity 1. Leverage successful brand ITC, especially Atta and biscuits 2. Advertise more to attract target group 3. Buy out sm aller competition and tie-ups with resort, food chains Threat 1. Threat from local substitute snacks 2.Balajiââ¬â¢s strategy ââ¬â winner in terms of quantity Observation at W. D. Point a. The WD point is very well connected to all the nearby areas/locality/potential b. ITC use software that is called SIFY to prepare bills and detail information product wise, variant wise, summarize sales reports are make in the help of this software. Format of sales report code of the goods are in this. c. ITC gives 3. 5% margin to his distributors and d. ITC bears vehicle cost. e. CALCULATION OF PRICE TO RETALIER (PTR) = f. MAXIMUM RETAIL PRICE ( MRP) 100 + % MARGIN g. Basic terms LC: Line cutBC: Bill Cut UBO: Unique Bill Outlet ABV: Average bill value CFC: Collaret Fibre Container ABC: Average Bill Cut ALC: Average Line Cut TDP: Temporary Dispatch Time h. The salesman here lack the competent skills and they are not so knowledgeable about the product and the variants i. They lack persuasion and convincing technique j. Majority are inexperienced because they are new k. It has been observed that a lot of time is wasted in loading the stock in the vehicles and getting the stocks billed l. Salesman turnover ratio is high. Findings I. Works assigned wereTo check the availability, visibility and DND (if any) of Bingo at retail outlet. While doing this, I understood about distribution and stocking process at WD (Wholesale Distributor) point which are as follows: A) Ordering Booking Process B) Ready Stock Process. From the above mentioned works assigned and the objectives given, the Retailer point of view was clear II. To collect information of Frito-Lays and analyze the data thereafter. For that I have interviewed Frito-Lays distributors and company official i. e. Chetna Traders III. In order to overcome weakness, my recommendations and contributions.In the duration of my project I used to visit the market daily, in the initial 7 days as a DS (distributor salesmen) and from t he 8th day onwards as a supervisor with DS and analyze the market of ITC Bingo and Frito-Lays. While checking availability and visibility of Bingo snacks at Retail Outlets I came across following observations: 1) ITC has a good mix of traditional and modern type of distribution channel. 2) The response of customer towards Bingo is positive. 3) At major outlets the sale is good. 4) At big retailers there is a huge demand 5) Like Bingo there is only one Distributor for Lays in Andheri ââ¬â Chetna Traders ) Small ââ¬ËKiranaââ¬â¢ shops and retailer get confused among the variants of Bingo! 7) All the shops where Layââ¬â¢s and Bingo are not present, Balaji has dominated. 8) Shopkeepers ask for more credit even if they have and are already on credit 9) The total coverage of ITC Bingo snacks falls very short in comparison to Frito-Lays. 10) The problem is the lack of coverage and infrastructure 11) Lack of competent advertisement. 12) Bingo Lacking the Infrastructure 13) Balaj i is also a cut throat competitor 14) Lays have fixed PTRs 15) Balaji who who hardly spends on rack and nets also has PTRs and schemes 6) Parts of Jogeshwari, IRLA, lalubhai, Marol Military road are dominated by Balaji and then Lays 17) Unlike Lays and Balaji, Bingo faces a gap in demand and supply. 18) All the variants are never available at the W. D. point Analysis & Interpretation Demand of Bingo Interpretation: 1. The demand for Bingo is good and increasing because ââ¬â Bingo! Is positioned as a youthful and innovative snack, offering the consumers with choice in terms of both formats and flavors including Local tastes. 2. Also because the name is catchy, easy to pronounce, recallable, trendy. 3. Bingo identifies itself as a brand which is youthful, fun and colorfulCriteria kept in mind when Retailers sell Bingo Interpretation: 1. After having a face to face communication with the retailers it was observed that the major influence they see in the buying pattern of the consum ers is that the consumers go for quality first then the size. 2. Similarly the criteria that the retailers keep in mind is at first the quality then the size but also the margin, because there a lot stiffness among the competitors and their schemes and offers. 3. In low income areas/slum areas retailers prefer to go for Balaji to any other because the consumers there go for the size/ quantity 4.The big and organized retailer go for the quality and Margin 5. Giving competition to Lays Interpretation: 1. Lays has revamped its branding strategy with new promotions featuring actress like Juhi Chawla, Kareena Kapoor etc. 2. About 35 AC BEST buses in Mumbai and metro in Kolkata are now branded by Kurkure 3. But Bingo has managed to do a dent in Lays market share. Is the fact that ITC spend close to 3 years researching, finding and analyzing the Finger snack segment to come up with its own indigenous variety responsible for Bingo's success. Problems faced to sell ITC BingoInterpretation: 1 . Brand Loyalty of Lays customer is posing threat to Bingo 2. Stagnant Market Share 3. Unawareness of the variety of flavours introduced by Bingo 4. Threats of local players like Balaji, Haldiram and Diamond Effect on sales by improving infrastructure Interpretation: 1. ITC was the first one to introduce racks which has helped them to achieve a considerable increase in terms of sales and visibility and availability. 2. Lays has heavier promotional activities, better infrastructure as it has modified racks which gives the advantage of keeping more stock 3.It is noted that Lays keeps on bringing in new packet ranges which Bingo does not. For e. g. the Rs 15 packets, Rs 30 packet and combo offer of 4 packets of Rs 20 each for Rs 60 4. Lays has more racks than Bingo Convincing the customer to purchase Bingo Interpretation: 1. The convincing is not required because Bingo has maintained the quality throughout since its launch 2. It is in good competition with Lays 3. Consumers can easily recall the brand and the product Rating Bingo and Lays Interpretation: 1. It can be seen from the data that at some stages Bingo is at par with the market leader Lays 2.Lays has a better and deeper penetration. 3. Lays has more salesman as compared to Bingoââ¬â¢s 4. Consumerââ¬â¢s point of view ââ¬â Lays has many and clearly distinguished flavours Rack availability of Bingo as compared to Lays Comparing Bingo! To Layââ¬â¢s 1. It is difficult to make out the flavour from seeing the colour of the packing which is not the case with Lays 2. Lays penetration is deep, and they have done it by reducing the demand supply gap and arranging better visibility by providing racks more than competitors. 3. Lays also gets the upper hand because it keeps on coming with new schemes, for e. g. hey give 4 Rs20 packet for Rs 60, we have no such schemes 4. Lays even has modified racks, customized to hold/contain more packets, this is some good strategy keeping in mind that it was ITC who ha d come up with the rack system. 5. Lays has a higher demand as compared to Bingo because of its promotion, they have characters in their advertisement which public/consumers can recollect even at a later stage e. g. Saif Ali Khan, M. S Dhoni whereas in Bingo we do not have such concept. Although it is noticeable but after having a considerable interaction with the retailer this is the most common topic they had put up. 6.The major difference between Lays and Bingo is that Layââ¬â¢s as a brand has related itself to cricket. Relating to cricket is the promotion strategy in which the brand relates itself to the events and experience, and in Mumbai or in Maharashtra or in whole of India cricket mean mass, this way Lays already has a strong grip than Bingo. 7. Lays have a better, stronger and an efficient distribution system, talking in terms of availability of product then Lays is always available where Bingo falls short here as the stock is sometimes available and sometimes not caus ing inconsistency in the availability of the product. 8.Though it can be stated that because Lays has been in the market for a much longer period than Bingo so it has the brand advantage but Bingo still lags way behind in the a competent distribution process 9. Lays has 30% more rack installed than Bingo, making it the prime reason for the retailer to buy the product Porters 5 forces Model Threat of new entry: * As the market is growing at 30 percent annually, new entrants may consider it a profitable venture * As branded players are priced similarly, new players might penetrate by adopting a lower price or by offering more quantity at the same price (Balaji-strategy) New players with a distinct USP and marketing strategy may find it easier to enter the market (Bingo Strategy) * Unorganized players still account for half of the total wafer segment, thereby discouraging market entry * Veteran players such as Fritolay, Haldiram etc enjoy economies of scale, well-established distributi on and good distributor relations. Competitive Rivalry: * High Competition ââ¬â Branded Players involved in cut-throat competition to increase market share, entice new consumers, find new markets * Low Quality differences among branded players. Quality difference between branded and unbranded offerings is offset by low price offered by unbranded players * Cost of switching is low as all players have a similar pricing strategy * Brand Loyalty is high for branded players Bargaining power of suppliers * Suppliers provide raw materials such as potatoes, spices and other ingredients. * Their ability to raise input costs is high. * Higher cost of input commodities leads to lower margins, making the market unattractive for distributors and retailers (in an already low-margin, high-volume market) Shortage of any input material may also affect production and thereby impact distribution. * Veteran players like Fritolay and ITC already have a well- established network of suppliers. ITCâ⠬â¢s e-choupal venture permits a steady supply of raw materials at the lowest price. Bargaining power of Buyers * Frito-Lay enjoys a healthy lead with a 45 percent market share for its portfolio of products * Competitor differentiation is in terms of variants and communication. * Ability to substitute is high as brands are priced similarly and distribution problems for one brand promote sales for the other. Price Sensitivity is high. An increase in the price of Lays may promote a switch to Bingo for most buyers (except for loyalists) * Threat of substitutes: * Indian Snack Segment is high-volume, low-involvement driven (thrives on impulse buy) * All snacks are considered to be substitutes of each other * Biscuits, Wafers and local snacks like Chakli, banana chips, Farsan etc are all substitutes of one another Recommendations/Suggestions 1. For distribution different vehicles should be used which has opening from 3 sides because a lot of time is wasted in the unloading the particula r order 2.The market report should be prepared more thoroughly 3. The routes should be predefined and the salesman should not mix up the routes 4. Some routes are very small to be covered for order booking for Bingo like IRLA Market so it can be combined with Lalubhai market 5. There should be less variations in giving different schemes to multiple shopkeepers as they eventually come to know about the schemes given to other shopkeepers and then they raise their demand to either reduce net rates or give additional schemes 6.Bingo can come up with different shapes of packaging in small areas where there is more sale of Rs 5 packet e. g. triangular packs, as they do not need racks to be put in because different packaging always attracts consumers. 7. Should increase the size of Rs 5 packets, because this is the main reason for less sale of Bingo, on the other hand Balaji is also tough competitor in terms of quantity 8. Company can opt for seasonal promotions because the sales in the mo nth of May-June are very low because the schools are closed. 9.Gift packs or combos with 4-5 flavours can be introduced in this period only 10. Posters on buses and trains can be done for e. g. the way Fanta has utilized the opportunity on local trains of Mumbai 11. Brand ambassadors should be introduced because Bingo has almost completed 5 years in the market, brand ambassadors because people can then relate to the brand and or the product 12. Also because Layââ¬â¢s our prime competitor has quite some good brand ambassadors like Saif Ali Khan, M. S. Dhoni 13. Relating Bingo to current burning topics, the same way AMUL does in print ads. 4. Having too many flavours is causing some problem because the customers and even the retailer are not able to differentiate between different variants. 15. Even though itââ¬â¢s a good strategy as people are forced to try each flavour, the ones which are not going good in the market should be removed from the companyââ¬â¢s portfolio. 16. T his would reduce the problem of confusion amongst the consumers. Conclusion From the survey of the retailers and the market comparison following conclusions can be drawn 1. Bingoââ¬â¢s sale has noticably increased by providing good infrastructure . Retailers put Bingo next to Lays which is a market leader 3. Such an brand image has to created which creates a lasting image, which can be done by introducing a couple of brand ambassadors 4. Lays still has the upper hand because it has been in the market for a longer time as compared to Bingo 5. Improving the distribution level to meet up the competition given by lays is the only way to cover up the demand suppy gap 6. Though Bingo is of good quality as noticed but it is yet to meet International Standards to give more stiff competition to Lays 7.In small localities Balaji is preferrred 8. A lot of time is wasted during the unloading of the order/stock during the ready stock. It is not thecase with Lays because the order for Lays are in bulk and as per the CFC boxes. Annexure QUESTIONNAIRE (RETAIL OUTLET) Outlet Name: ââ¬â Outlet Type: ââ¬â Route: ââ¬â 1. How is the demand of Bingo? a) Very good ___b) good ___c) average ___ d) below average __ 2. Stock availability of various brands a) Lays ____ b) Bingo ____ c) Haldiram ____ d) Balaji_____ e) Parle______ 3. What criteria you keep in mind when you sell your product? ) Focus on Quality_____ b) Focus on Price____ c) Focus on Size___ d)Focus on Margin____ 4. How far do you think ITC Bingo has captured market over Lays? a) On a Small Scale_____b) On a Large Scale________ 5. What problem you face to sale ITC Bingo!? a) Size____ b) Brand Loyalty for other Brand_____ c) Lack of Awareness_____ d) Any Other 6. Has the sale increased by improving the infrastructure by Bingo? a) Highly Increased____ b) Increased____ c) Somewhat Increased__ d) Not at all increased 7. Do you have to convince customer to purchase Bingo? ) Yes ___ b) No ___ 8. Please assign a valu e from 1-5 to BINGO & LAYS a) For Excellent5 b) For Very Good4 c) For Good3 d) For Average2 e) For Bad1 9. Do you have a rack of Lays? a) Yes____b) No_____ 10. Do you have a rack of Bingo? a) Yes____b) No_____ References 1. http://www. itcportal. com 2. http://www. nowthatsnifty. com/2012/01/204-lays-potato-chip-flavors-from. html#. T9zOwCEggUg 3. http://www. the-top-tens. com/lists/best-flavour-lays-india. asp 4. http://pepsicoindia. co. in/media/fact-sheet. html
Saturday, January 11, 2020
Book Reflection : The Book Of Negroes
It's 1802 and Aminata Diallo, now an old woman, sits down to write her life story at the request of the Abolitionists in London. Abducted from her village in West Africa at the age of eleven and marched in a coffle (a string of slaves) for three months before reaching the coast, Aminata survives the voyage to America and ends up sold to an indigo plantation owner in South Carolina. She describes herself as lucky, because compared to the tragic circumstances and end of so many other black slaves, Aminata manages to survive using her wits, her skills as a midwife, her ability to pick up new skills quickly, and her strength of character.She witnesses many horrors and sorrows, and experiences them as well, that make her ponder the human nature and the hypocrisy of religions, even her own. Yet through it all surprisingly she does not succumb to anger or hatred; she wants only to be together with her husband, Chekura, their children, who are all taken from her and her homeland.When Britain surrenders to the rebels they keep their promise to the Black Loyalists ââ¬â in a way. With a certificate proving they have worked behind British lines for at least a year, they can sign their name in the Book of Negroes and be given passage to a British colony. Most are sent to Nova Scotia, including Aminata. She may have escaped the American slave owners but she hasn't escaped the prejudice, fear and hatred with which the blacks face everywhere they go. The opportunity to return to Africa ââ¬â the dream she's always had ââ¬â comes her way, but if she ever wants to see her home village of Bayo again she'll have to make a deal with the devil.out of all the books I have read about slavery this novel is by far the greatest. This book is going straight onto my ââ¬Å"favouritesâ⬠list. The Book of Negroes is a powerful story on many fronts: it's a very human story, sympathetic, honest, fair to the greys of history, thought-provoking, poignant.One of the beautiful thin gs about this book is how, as a reader, you feel more in tune with the Africans, while the whites seem strange, alien, bewildering, contradictory. I don't mean that Hill paints an uneven picture ââ¬â far from it, the rendering of history into something visceral, tangible, grants perspective and context. It's not a simple matter of ââ¬Å"white man, bad; black man, victimâ⬠. That's what I mean by this book being honest: honest about human nature, about the complexities of history, without making excuses for anyone of any colour. I don't mean that there weren't characters who enrage you, but that they are presented relatively free of the taint of presentism.If you're not familiar with the term, ââ¬Å"presentismâ⬠refers to our natural tendency to judge history through the lens of the present, by our own modern standards, rather than acknowledging and positioning things within a historical perspective. Hill has done an admirable job of completely immersing us in the 18th century, creating a protagonist who is a product of the time as much as one of circumstance.Hill has managed to write a convincing, wonderful female protagonist ââ¬â frankly, not many male writers are this successful. Aminata is unflinchingly honest with herself and others, and by being so thoroughly in her head, she gives us what the Africans needed most during slavery: a voice, the understanding that she's just like us, not some black beast from darkest Africa ââ¬â heathen, barbarian, uncivilised. As in some other books, the irony comes through clearly: which is the uncivilised race? Who is the barbarian? When Aminata arrives in London, the first thing she sees are the legless beggars on the street, the filth and crowds and pretensions. She doesn't even need to say anything.Another irony is the rebellion in the American colony ââ¬â Aminata is in New York when things get nasty, and constantly hears the white Americans talking about being slaves to the British, and figh ting for their freedom. Aminata doesn't need to point out anything here, and I don't think I do either.Her own people don't come off smelling of roses either. The book is thoroughly researched and historically accurate, and makes no bones about Africans enslaving each other well before the white people came, and it isà Africans who capture Aminata, kill her parents, torch her village, and sell her to the white slavers. Slavery has a long, long history, and no race, it seems, is exempt. The Egyptians did it, the Chinese, the Japanese, the Israelites were famously enslaved, the Romans are guilty ââ¬â and what is feudalism if not a form of slavery, which the English and French and others used for a very long time?If nothing else, this book highlights the fact that, no matter what colour you are or what your diet is, we are all human and share this intangible thing called human nature. Cruelty exists everywhere, and cannot be simply attributed to your race, though neither can it b e excused. This is why I insist that the history of black slavery ââ¬â while it existed predominantly between the British slaving companies and the Americas ââ¬â is everyone's history. For a comprehensive story covering three different continents and exposing many of the situations black slaves, runaways and freed slaves faced, you can't go wrong with this one.It's also beautifully written. Aminata has a simple, honest style, without embellishment or fanciful detail. She rarely passes judgement, but offers her own thoughts and perspective subtly. She is captured just before reaching puberty and so, ironically, escapes female circumcision, which her people practised (removing the clitoris and part of the labia, and sewing up the vaginal entrance ââ¬â extraordinarily painful and meant to make a woman ââ¬Å"pureâ⬠for her husband ââ¬â Aminata isn't keen but doesn't judge; I on the other hand believe it is the cruellest form of torture you can do to a woman and the re's no excuse for it. It's an old African tradition, nothing to do with Islam, and still occurs in some places like Ethiopia).There are moments of violence and cruelty, because that was largely the life of the black slaves, but while Aminata doesn't gloss over them, neither does she dwell on them in such detail that you shy away from the book.I was walking one day behind a yoked man who swerved without warning to the left. I had no time to react, and my foot sank into something wet and soft. Something like a twig cracked under my heel. I let out a scream. Under myà foot was the body of a naked, decomposing man. I jumped away and ripped leaves from the nearest branch. In a frenzy, I wiped a mass of wriggling white worms from my ankle. I was shaking and wheezing. Fanta took the leaves and wiped my foot and held me and told me not to be afraid. But my hysteria escalated, even though Fanta barked at me to calm down, and I could not stop screaming. (p41)For all that Aminata and other slaves go through, she deserves the right to tell her whole story and not shy from the unpleasant details, or have her account censored. Remember her audience: white, genteel 19th century English men and women, the Abolitionist committee, the court of law, the common people who can read the newspapers in which parts of her story are published. It is the early 1800s, Regency London ââ¬â the same time and place in which we love to read carefree romance novels that are free of the taint of black slavery ââ¬â and the English have no real idea or any sympathy for what the black slaves endured. She argued to be the one to write her own story, by herself, and she refused to let the Abolitionists remove details that ââ¬Å"couldn't be provenâ⬠. Even though she is a fictional character in a fictional account, she deserves to be heard by us as well.There's one other thing I just have to mention: the evolution of the African-American dialect. I've come to appreciate it because of this book. I mean, I always understood that it was their way of forming a new identity, one that couldn't be taken away from them, even now. But as they learnt English, as slaves, what would happen if they spoke like their masters? Aminata learns this, she learns the dialect that the slaves speak to each other, and the grammatically stronger but far from perfect English they use with the white people.They needed a way to speak to each other without the whites understanding, yet they all came from different African tribes speaking one of thousands of African languages, or they were born on plantations and don't know any African languages at all, and so they devise their own way of speaking, close to English but entirely of their own creation. After Aminata escapes slavery, she drops this dialect and speaks ââ¬Å"properâ⬠English, but I get the sense it is due to her ability to learn languages quickly and well, and her desire not to be looked down upon,à rather than a form of pretension. It certainly makes her a bit of a curiosity with the white people.The Book of Negroes is a masterpiece of historical literature, capturing the contradictions of the human condition in graceful, honest prose, and gifting us with a new, entirely sympathetic protagonist.
Friday, January 3, 2020
Parkinson s Disease A Progressive Disease - 1344 Words
Parkinsonââ¬â¢s disease Parkinsonââ¬â¢s disease is a progressive chronic incurable neurological disorder that affects 0.3% of the populations in the United States. The incidence of Parkinsonââ¬â¢s disease increases with age and it is estimated to affect 5% of the population over the age of 85 (Nolden 2014). Historians have found evidence of the disease as far back as 5000 B.C. It was first described as ââ¬Å"The shaking Palsyâ⬠by British Doctor James Parkinson. Because of his early work in identifying the symptoms, the disease came to bear his name. (Parkinsons foundation, n.d.) (Parkinsons foundation, n.d.) Research has progressed at a rapid rate, however, a cure for the disease has yet to be found. A dopamine deficiency in the brain is known to be the cause of the disease but the exact mechanism for the deficiency is still unknown. Although there is not currently a cure, research has provided ways for the medical community to control and alleviate the severity of the symptoms of the disease (Parkinsons foundation, n.d.) Pathophysiology Parkinsonââ¬â¢s is the second most common neurological disease after Alzheimerââ¬â¢s. It is an incurable, chronic progressive disease. Parkinsonââ¬â¢s disease is not life threatening, but, it does have a profound effect on the quality of life (Magennis Corry 2013). Parkinsonââ¬â¢s disease is caused by a loss of Dopamine that affects two main brain structures, the substantia nigra pars compacta and basal ganglia deep in the central hemisphere. Low levels ofShow MoreRelatedParkinson s Disease : A Progressive, Chronic, Neurodegenerative Disease883 Words à |à 4 PagesParkinsonââ¬â¢s disease is defined as ââ¬Å"a progressive, chronic, neurodegenerative diseaseâ⬠(Medscape, 2014). Parkinsonââ¬â¢s disease affects the movement of the body and develops gradually, starting from a slight tremor and can progress into loss of autonomic movements to speech changes and writing changes. In this paper the author will discuss ethical and legal concepts rela ted to Parkinsonââ¬â¢s disease and how certain treatments like stem cell transplants can help but also be a major risk factors and haveRead MoreParkinson s Disease : A Progressive Disorder1751 Words à |à 8 PagesEach year more than 60,000 Americans are diagnosed with Parkinsonââ¬â¢s disease (PDF, 2014). That sixty thousand does not include the many thousand cases that go undetected each year. Parkinsonââ¬â¢s is a progressive disorder that occurs in the nervous system. This disease affects a personââ¬â¢s movement. Parkinsonââ¬â¢s disease develops progressively. The most common first sign of Parkinsonââ¬â¢s is slight shaking of a body part. In the initial phase of Parkinsonââ¬â¢s a person will experience slurring of speech and anRead MoreParkinson s Disease : A Progressive Neurodegenerative Movement Disease Essay6696 Words à |à 27 PagesThe research problem Parkinsonââ¬â¢s Disease (PD) is a progressive neurodegenerative movement disease affecting approximately 1% of people at age 60. It is the most second most commonly occurring neurodegenerative disease in the elderly (after Alzheimerââ¬â¢s Disease). In PD patients, loss of dopamine-producing neurons results in a range of motor and non-motor symptoms. The prevalence of PD increases with age, and currently there is no cure, no means of slowing the disease progression, and no means of preventionRead MoreParkinson s Disease Is A Progressive Loss Of Functioning Of The Brain1361 Words à |à 6 PagesIntroduction: Parkinsonââ¬â¢s disease is a progressive loss of functioning of the brain that results in stiffness, trembling and loss of fine motor control. This disease mainly affects the neurons in the particular area called the substantia nigra with a total loss of dopamine, the absence of these dopamine-producing cells causes the loss of the brainââ¬â¢s ability to control the body movements progressively (Parkinsonââ¬â¢s disease, 2016). Parkinsonââ¬â¢s disease is very common, with about 70000 Australians asRead MoreParkinson s Disease : A Long Term Progressive Neurodegenerative Disease Essay1664 Words à |à 7 PagesParkinsonââ¬â¢s Disease is a long-term progressive neurodegenerative disease consisting of motor system impairment, neuropsychiatric, and nonmotor features. The disease is characterized by the following key clinical features: bradykinesia, resting tremor, postural instability, and rigidity. These symptoms are due to the diminishing of dopamine in the nigrostriatal p athway and substantia nigra, which causes inhibition of the thalamus decreasing excitatory input to the motor cortex.1 Along with the keyRead MoreParkinson s Disease Is A Chronic Progressive Movement Disorder Of The Central Nervous System895 Words à |à 4 PagesParkinson s disease is a chronic progressive movement disorder of the central nervous system. Early in the course of the disease, the most obvious symptoms are movement-related; these include shaking, rigidity, slowness of movement and difficulty with walking and Parkinsonââ¬â¢s like gait (leaning forward, small fast pace steps, shuffling, etc.). Parkinsonââ¬â¢s involves the malfunction and death of nerve cells in the brain, entitled neurons. Although damage can be spread about, it primarily affects neuronsRead MoreIs Parkinson Disease A Disease?1290 Words à |à 6 Pages Parkinson Disease Danielle West University Of Arkansas Fort Smith Medical Terminology Fall of 2015 Introduction Parkinson is a disease that is a glitch in the neurons in the brain, which frequently affects the substantia nigra. Part of the dying neurons produces a chemical called dopamine. As this progresses, the dopamine in the brain decreases. Dopamine is a chemical in the brain which helps the body regulate coordination and movement in the body. Once Parkinson Disease (PD)Read MoreSymptoms And Symptoms Of Parkinson s Disease Essay831 Words à |à 4 PagesParkinson Disease by Melissa Green Topical Bibliography In partial fulfillment of the writing requirement for Anatomy and Physiology 304 and the Department of Speech-Language Pathology SUNY Buffalo State Fall 2016 Parkinsonââ¬â¢s disease is a neurodegenerative disorder characterized by motor symptoms or tremors, rigidity, (bradykinesia) or slowness of movement and posture instability. Parkinsonââ¬â¢s involves the malfunction and death of vital nerve cells in theRead MoreOn Nervous Disorders : Parkinson s Disease1193 Words à |à 5 PagesOn Nervous Disorders: Parkinsonââ¬â¢s disease Parkinsonââ¬â¢s disease is a progressive disorder of the nervous system characterized by tremor, slowed movement, and muscle rigidity; typically only seen in those over the age of forty. It is named after James Parkinson, an English surgeon, whom first described the symptoms of ââ¬Å"the shaking palsy,â⬠in a report published in 1817 (Grimes, 2004). The brain is the control center of the body. The brain orchestrates movement, sensations, feelings, personality, andRead MoreParkinson s No Longer Happens But Is Inherited1181 Words à |à 5 Pageshappens but is inherited An autosomal recessive is how one inherits a trait, disorder, or disease that is passed or shared through families. Whether it is albinism or red hair (also referred to as day walkers or ginger) height or heath both parent carry the autosomal trait that is passed to the child. An autosomal recessive disorder means that two copies of an abnormal gene must be present in order for the disease or trait to develop. A mutation in a gene on one of the first 22 non-sex chromosomes can
Subscribe to:
Posts (Atom)