Charan Full Project
Charan Full Project
Charan Full Project
MASTER OF COMMERCE
Submitted by
CHARAN P
Associate Professor
Department of commerce
Department of Commerce
November 2022
SRM Institute of Science and Technology – Ramapuram College of Science
and Humanities Department of Commerce
CERTIFICATE
Place: Chennai - 89
Date:
I CHARAN P , hereby declare that the Project Report, entitled “A STUDY ON CUSTOMER
SATISFACTION TOWARDS INSTANT NOODLES WITH SPECIAL REFERENCE
TO CHENNAI CITY submitted to the SRM Institute of Science and Technology in partial fulfillment
of the requirements for the award of the Degree of Master of Commerce is done by me during the period
2021 - 2023 under the supervision and guidance of Dr. A. JAYABAL, M.com.,M.Phil.,
B.Ed.,AFA, ph.D.Associate Professor Department of Commerce, SRM Institute of Science and
Technology, Ramapuram Campus and it has not formed the basis for the award of any
Degree/Fellowship or other similar titles to any candidate of any University.
Place: Chennai- 89
Date:
Signature of the student
(CHARAN P)
ACKNOWLEDGEMENT
I wish to record my gratitude with my hands folded to Almighty for making me successfully
complete my project.
I offer my sincerest gratitude to our Chancellor, SRM Institute of Science and Technology,
for his academic support and the facilities provided to carry out the project work at the
Institute. His wide vision and concern for students have been inspirational.
I express my heartfelt thanks to our Dean, Vice Principal (Academic), Vice Principal
(Admin), Head of the Department, Project Coordinator and Faculties of Science and
Humanities, SRM Institute of Science and Technology, Ramapuram Campus who provided
all facilities for carrying out this project.
I take this opportunity to express my profound gratitude and deep regards to my guide Dr.Dr.
A. JAYABAL, M.com.,M.Phil., B.Ed.,AFA, ph.D. Associate Professor for his exemplary
guidance, monitoring and constant encouragement throughout the course of this project. I owe
a lot to my parents, who encouraged and helped me at every stage of my personal and academic
life and longed to see this achievement come true.
Place: Chennai-89
Date:
(CHARAN P)
CONTENTS
BIBILIOGRAPHY
LIST OF TABLES
1
ABSTRACT
INTRODUCTION TO NOODLES
The instant food products originated in Japan with instant noodles and had its
beginning in India in the eighties but now a day we can easily found it in the kitchen
shelves of every Indian household. Demand for instant food product has been
increased due to modernization of home where many factors contribute like food
preparation, increasing number of working woman, changing in food habits, breaking
up of the traditional joint family system, increase in urbanization, rise in per capita
income, change in life styles and increasing level of affluence in the middle income
group. As every human being needs food to perform activity, food is the basic
requirement of any person but due to changing life style and consumers are spending
less time for planning, storing and cooking food. Modern homes also don't offer the
necessary facilities for processing the food. Thus, the food i.e. these instant food
gained instant acceptance. There are many kinds of instant foods available in
2
market. There are the many kinds of instant foods available in market like:
canned food items, instant mix products, Table relishes Dairy products.
Instant Noodles:-
The word instant itself reflects Quick means a type of food which we can cook
quickly. Instant noodles are simple, fast and convenient to cook. It occupied a
considerable shelf space in stores and supermarket in India. Now food companies are
providing number of varieties in instant noodles. Market of instant noodles
increasing day by day not only in India although overall world reason is simple cost
effective and easy to cook. Manufacturer offers different variety of instant noodles.
Noodles are a staple food in many cultures made from unleavened dough which is
stretched, extruded, or rolled flat and cut into one of a variety of shapes.
While long, thin strips may be the most common, many varieties of noodles are cut
into waves, helices, tubes, strings, or shells, or folded over, or cut into other shapes.
Noodles are usually cooked in boiling water, sometimes with cooking oil or salt added.
They are often pan-fried or deep-fried. Noodles are often served with an accompanying
sauce or in a soup. Noodles can be refrigerated for short-term storage, or dried and stored
for future use.
In American English usage, the word “noodles” is an inclusive term that denotes
flour paste product in various shapes. In British English usage it generally a food in the
form of long, thin strips of flour paste products. The material composition or geocultural
origin must be specified when discussing noodles. the word derives from the German
word “nudel”
3
Instant noodles, or instant ramen, is a type of food consisting of noodles sold
in a precooked and dried block with flavoring powder and/or seasoning oil. The dried
noodle block was originally created by flash frying cooked noodles, and this is still the
main method used in Asian countries; air-dried noodle blocks are favored in Western
countries. Dried noodle blocks are designed to be cooked or soaked in boiling water
before eating. Ramen, a Japanese adaptation of Chinese noodle soup, is sometimes used
as a descriptor for instant noodle flavors by some Japanese manufacturers. It has become
synonymous in the United States for all instant noodle product
Even for the past more than 25 years our government, its officials were least
bothered about the Indian masses. Till today the things have turned against Nestle India,
which has landed the company to its dismal fate, the Indian government has filed case on
the company to pay damages, the first case in India of this kind on the other hand
company has firm opinion that the product is safe but the future of Maggi's return is
unpredictable.
4
INDUSTRY PROFILE
Urbanization , rising income levels , working couples, interstate migration and changing
lifestyle of young India are key drivers for the noodles market . The product was positioned
as meal which is filling and can be prepared in just a few minutes , thus offering both
convenience and time saving.
2. New product launches and extensive marketing : All players new or old have
been busy launching new products and marketing campaigns .
Maggi has Launched an extensive campaign with their new product vegetable
multigrain noodles. Tasty Treat increased its variants from two to five . Similarly,
foodles is stressing on the health aspect of its products.
5
3. Stress on health and wellness : As on all other food categories, players are
stressing on health and wellness aspects of their products . Maggi
launched Atta noodles and multigrain noodles to customers while Glaxo‟sFoodles also
stresses on the multigrain aspect of their product.
4. Traditional flavours still dominate: Masala , chicken and tomato are most
popular flavours in the market
5. Addressing rural market : Noodles are primarily consumed in urban India and to
expand this market companies such as Nestle have introduced small sized and low
cost products to address the demand of rural market . The success of this effort is
still to be seen.
6
COMPANY PROFILE
7
HISTORY OF NESTLE
The history of Nestlé began in Vevey, Switzerland, in1867 when founder Henri Nestlé
created one of the first infant foods in response to the need for a healthy and affordable
product to serve as an alternative for mothers who could not breastfeed their babies. He
called his product Farine Lactée Henri Nestlé.
Within a few years, the Farine Lactée product was marketed in Europe. Nestlé called his
company Société Farine Lactée Henri Nestlé. In 1874, Nestlé developed its condensed milk
product, to contend with the Anglo-Swiss Condensed Milk Company,
a competitor that was producing cheese, instant formulas and had opened Europe‟s
first sweetened condensed milk factory in Cham, Switzerland, to market the first
condensed milk, MILKMAID.
The two companies merged in 1905, the year after Nestlé added chocolate to itsline of foods.
The newly formed Nestlé and Anglo- Swiss Milk Company had factories in the United
States, Britain, Spain and Germany. Soon the company was manufacturing in Australia with
warehouses in Singapore, Hong Kong andBombay. Most production however still took place
in Europe.
The start of World War I made it difficult for Nestlé to buy raw ingredients and distribute
products. Fresh milk was scarce in Europe, and factories had to sell
milk for the public need instead of using it as an ingredient in foods. Nestlé
purchased several factories in the U.S. to keep up with the increasing demand for
condensed milk and dairy products via government contracts. The
company‟s production doubled by the end of the war.
8
When fresh milk became available again after the war, Nestlé suffered and slipped into
debt. The price of ingredients had increased, the economy had slowed and exchange rates
deteriorated because of the war. An expert banker helped Nestlé find ways to reduce its
debt. By the 1920s Nestlé was creating new chocolate and powdered beverage products.
Adding to the product line once again, Nestlé developed Nescafé in the 1930s and Nestea
followed.
Nescafé, a soluble powder, revolutionized coffee drinking and became an instant hit.
With the onset of the Second World War, profits plummeted.
Switzerland was neutral in the war and became increasingly isolated in Europe. Because of
distribution problems in Europe and Asia, Nestlé opened factories in developing countries in
Latin America. Production increased dramatically after America entered the war and Nescafé
became a main beverage for the American soldiers in Europe and Asia. Total sales increased
by $125 million from 1938 to1945.
After 1945, Nestlé continued to prosper, merging with Alimentana S.A., a company that
manufactured soups and seasonings, in 1947. In the coming years, Nestlé acquired Cross &
Blackwell, Findus frozen foods, and Libby‟s fruit juices. Nescafé instant coffee sales
quadrupled from 1960 to 1974, and the new technology of freeze drying allowed the
company to create a new kind of instantcoffee, which they named Taster‟s Choice.
Expanding its product line outside of the food market, Nestlé became a major stockholder in
L‟Oréal cosmetics in 1974. Soon after, the company suffered with increasing oil prices and
the slowing growth in industrialized countries. Foreign exchange rates decreased, in turn
reducing the value of the sterling pound, dollar and franc. Prices of coffee beans and cocoa
rose radically, presenting further problems for Nestlé. The company decided to venture into
thepharmaceutical industry by acquiring Alcon Laboratories, Inc.
9
By the 1980s, in one of the largest takeovers at that time, Nestlé bought Carnation for $3
billion. International trade barriers diminished in the 1990s, opening trade with Eastern
parts of Europe and China. In the 1990s, Nestlé acquired San Pellegrino, and Spillers
Petfoods of the UK. With the acquisition of Ralston Purina in 2002, the Nestlé owned pet
care businesses joined to formthe industry leader Nestlé Purina PetCare
10
The Company's activities in India have facilitated direct and indirect employment and
provides livelihood to about one million people including farmers, suppliers of packaging
materials, services and other goods.
The Company continuously focuses its efforts to better understand the changing lifestyles
of India and anticipate consumer needs in order to provide Taste, Nutrition, Health and
Wellness through its product offerings.
NESTLE India manufactures products of truly international quality under internationally
famous brand names such as NESCAFE, MAGGI, MILKYBAR, KIT KAT, BAR-ONE,
MILKMAID and NESTEA and in recent
years the Company has also introduced products of daily consumption and use such as
NESTLE Milk, NESTLE SLIM Milk, NESTLE Dahi and NESTLE Jeera Raita.
After more than a century-old association with the country, today, NESTLE India has
presence across India with 8 manufacturing facilities and 4 branch offices
NESTLE India set up its first manufacturing facility at Moga (Punjab) in 1961 followed
by its manufacturing facilities at Choladi (Tamil Nadu), in 1967; Nanjangud
(Karnataka), in 1989; Samalkha (Haryana), in 1993
Ponda and Bicholim (Goa), in 1995 and 1997, respectively; and Pantnagar (Uttarakhand),
in 2006. In 2012, Nestle India set up its 8th manufacturing facility at Tahliwal (Himachal
Pradesh).
The 4 Branch Offices located at Delhi, Mumbai, Chennai and Kolkata help facilitate the
sales . and marketing activities. The NESTLE India's Head Office is located in Gurgaon,
Haryana.
11
MAIN BRANDS
BEVERAGES :
MILK PRODUCTS :
WEANING CEREALS :
CULINARY PRODUCTS :
CHOCOLATES :
Kitkat , Milky Bar, Munch , Bar One ,Classic , Chaco Stick , Milky Bar
Chaco.
12
CONFECTIONERY :
Polo , Eclairs , Milky bar Eclairs, Toffo , Fruitps , Splash , Twins , Chews,
Soothers.
DESERT MIX :
MINERAL WATER :
Pure life.
SPECIALLY IMPORTS :
Gold
13
PRODUCT PROFILE
14
MAGGI PRODUCT PROFILE
Industry : Food
Founded : 1890
Maggi noodles are part of the Maggi family, a Nestlé brand of instant soups,
stocks, and noodles. In Malaysia, there are fried noodles made from maggi
noodles known as Maggi goreng. Maggi noodles recently introduced a new
variety of its noodles, to cater for the health conscious like 'No MSG', 'Less
Salt', and 'No Trans fat'. A wholewheat flour based noodle variation marketed
by the name "Vegetable Atta Noodles" has been introduced in India.
15
Following are Range of Maggi Products:-
Noodles :-
MAGGI noodles is one of the largest and most loved food brands that
defines Instant Noodles in India.
Continuing to spread joy as it has done for the last 25 years, your favourite MAGGI Noodles
is as tasty as ever and even provide essential nutrients for all age group.with the goodness of
protein and calcium ,MAGGI Noodles is available in 4 delectable flavours –MASALA ,
CHICKEN-TOMATO-and CURRY.
Sauces:-
MAGGI Sauces have been in integral part of the India consumers household for
decades now.
Maggi instant noodles, foods major Nestle's flagship brand that has dominated
the Indian instant noodles market for nearly three decades, is losing market share on a
monthly basis to newer entrants such as Patanjali Noodles, GlaxoSmithKline's (GSK)
Horlicks Foodies, Hindustan Unilever's (HUT.) Knorr Soupy noodles, Big Bazaar's Tasty
Treat, Top Ramen and several other smaller players.
It all started back in march 2014 in Uttar Pradesh, where the authorities informed
nestle that MSG was detected in a sample of MAGGI Noodles that carried a "No added
MSG" claim on the pack. In the first half of 2015, Nestle India decides to temporarily
stop selling MAGGI Noodles in India until the situation with the authorities is resolved.
The Food Safety and Standards Authority of India (FSSAI) issues an order to Nestle
India which includes, among
16
others, the:
Recall of all nine variants of MAGGI Noodles from the market
Halt of commercial activities related to the product, including sale and
production
Removal of the "No Added MSG" claim from product packs
Withdrawal / recall of MAGGI oats Noodles as it did not have 'Product
Approval'.
In June 2015, Nestle India files a legal petition with the Bombay High Court,
seeking a judicial review of this order. While legal proceedings arc ongoing, Nestle
continues to comply with the FSSAI order and destroys over 35,000 tonnes of the
product, Though The Bombay High Court allows Nestle India to continue exporting
MAGGI Noodles.
As the year passed, in the second half of the year in August 2015, The Bombay
High Court overturns the government's ban on MAGG3 Noodles, arguing that the move
was "arbitrary" and "that principles of natural justice were not followed."
The court rules that Nestle India can bring the product back to the market if fresh
tests - conducted in three accredited laboratories on the existing samples and
subsequently on the freshly manufactured product - find the product safe.
In October 2015, Test results from all three laboratories mandated by the
Bombay High Court show MAGGI Noodles to be safe, with lead content well within the
permissible limits.
In compliance with the orders of the Bombay High Court, Nestle India
commences manufacturing MAGGI Noodles and submits the new batches for fresh tests
to reconfirm they are safe for consumption.
In November 2015, All three NABL (National Accreditation Board for Testing
and Calibration Laboratories) accredited laboratories - mandated by the Bombay High
Court - find samples of the newly manufactured MAGGI Noodles to be safe for
consumption, with lead content well within permissible limits. Now that the orders of the
Bombay High Court have been complied with, Nestle India has made MAGGI Noodles
available
17
THE BURNT FROM MAGGI
18
To carter to the diverse Indian palate ,MAGGI has a host of variants like :
The quintessential Rich Tomato Ketchup and Rich Tomato sauces (no onion no garlic) The
unique Hot & SweetTomato Chilli sauces and oriental chilli garlic sauces the Indian style
tomato chatpat sauces maggi pichku-pichkoo is a small pack which makes MAGGI tomato
ketchup affordable to a host of new
consumers . and now , MAGGI makes the delight “bigger”by introducing a badapichkoo,
which is a large tomato ketchup pack which ensures that the fungoes on and on.
The growing popularity of asian in the united states has given rise to an array of convenient
new food products that makes preparing authentic Asian cuisine easier than ever before .
When looking for helpful meal ideas to bring to your table , Maggi will help you enhances
any dish by adding a savory authentic taste.
MAGGI has a vast product range . Some of the products of maggi are worldwide known
like maggi noodles and maggi soup while there are also some products of maggi like
maggibhuna masala which are not much known as compare to other products of maggi
19
CHAPTER – 2
CONSUMER BEHAVIOUR
20
CONSUMER BEHAVIOUR
1) The victory of any business unit rests on consumers who are willing to accept and
play for the product or services.
2) The firm must be aware of what the market want well in advance of production
and
DEFINITION :
Professor walter C.G and professor paul G.W it is “ the process where by
individual decide whether , what , when , where , how and from whom to purchase
goods and services.
REVIEW OF LITERATURE:
21
Gupta Aakriti,Umeshkapil and Singh Gajendrabeen written his research
paper "Consumption of junk foods by school aged children in rural Himachal Pradesh ,
India that : many children not consuming instant noodles regularly this results in mood
swings and they are becoming cranky ,tired and depressed . They gave suggestions
like a greater attention to the education of parents and children in a healthy dietary
required".
Anitha N.&Radhika S. has been written in their research article "A study on
consumer behaviortowards instant food products in the modern era" that "There has
been an increase in the consumption of junk among teenagers observe and this
possibly lead to obesity .This is the time when our society should take some strong
steps to reduce the consumption of junk food . Promotion of dietary habits and
educating children about the ill effect of junk food is became necessary." Mishra S &
Singh M has written in their research paper "Fast food consumption pattern and
obesity among school going (9-13) year in Luknow district", published in
International Journal of Social Sciences 2014, 3:1672-4.
22
STEPS IN CONSUMER BUYING PROCESS
The following are the five steps generally followed by the consumer while buying a
product .
1) Need recognition :
2) Information search :
The evaluation stage is the stage of mental trial of the produce or aservice.
4) Purchase Decision :
The post purchase experience may be a set of positive or negative feeling. Positive
feeling or satisfaction will result is repeat sales or at least recommending the product
or services to others : on the other hand , dissatisfaction or negative feeling creating
anxiety and doubts .
23
A MODEL OF CUP INSTANT NOODLE COMPOSITION
Flour
Noodles can be made from different kinds of flours, such as wheat, rice,
and buckwheat flour. For instant noodles, flours that have 8.5–12.5% protein
are optimal because noodles must be able to withstand the drying process
without breaking apart, which requires a higher amount of protein in flour,
and during frying, high protein content can help decrease the fat uptake.
Gluten, which is made up of glutenin and gliadin, is the most important
Water
Water is the second most important raw material for making noodles,
after flour. The hydration of dough determines the development of gluten
structure, which affects the viscoelastic properties of dough. The water
absorption level for making noodles is about 30%–38% of flour weight; if the
water absorption level is too high, hydration of flour cannot be completed,
and if the water absorption level is too low, the dough will be too sticky to
handle during processing. For instant noodles, dehydration is an important
step after noodles are made because water can offer a hospitable environment
for microorganisms. The USDA uses different regulations of moisture content,
depending on dehydration method: for instant noodles dehydrated by frying,
moisture content cannot exceed 8%, and for those dehydrated by methods
other than frying, moisture content cannot exceed 14.5%.
24
Salt
Kansui
25
Oil
Frying is a common dehydration process for producing instant noodles.
Therefore, oil becomes an important component of instant noodles.
According to USDA regulations, oil-fried instant noodles should not have fat
content higher than 20% of total weight, which means theoretically, the
amount of oil uptake during the frying process could go even higher. Palm
oil is chosen as the frying oil for instant noodles due to its heat stability and
low cost. However, overall, due to their high fat content and low moisture
content, instant noodles are highly susceptible to lipid oxidation, and
relatively high amount of preservatives are added. Hence, to avoid the
generation of off-flavors and health-risking compounds, some instant noodles
are dehydrated by ways other than frying to reduce fat content. According to
the USDA, non-fried instant noodles should have a fat content lower than
3%.
Other ingredients
26
CHAPTER – 3
OBJECTIVES & RESERARCH
METHODOLOGY
27
Need of the Study
Maggi has been the staple food in India and in the light of the recent
controversy, it is pertinent to know whether the perception of the consumers towards the
company and the product has changed and whether there has been a change in the
consumption pattern of consumers. Our country had embraced this product like no other,
so it is important to determine whether there has been a change in the loyalty of the
consumer base and whether consumer perception is affected by age, gender, marital status
etc. There is a section of consumers who are vocalising their support in the form of
videos and jokes and there are some who feel this is just a publicity stunt by the company
to come into the limelight. With differing opinion on the controversy, the authors are
interested in knowing whether decades of trust can be impaired by allegations of harmful
substances in the product consumed
OBJECTIVES
1) To know consumer‟s behaviour towards maggi 2 minute noodles
2) To find out level of satisfaction of the consumer towards maggi 2minutenoodles.
3) To know the consumers perception regarding the price of maggi noodles
4) To understand the stimulus magi noodles as a brand on consumer mindset .
5) To understand the perception of the people about magi
6) To examine the root cause of maggi row.
7) To assess the impact of maggi row in India.
8) To understand the marketing and promotional strategies adopted by NESTLE India
Limited post ban.
28
RESEARCH METHODOLOGY
Research Gap
The present study is the first of its kind in India to determine the perception of the consumers
towards a particular brand before and after controversy surrounding the product empirically. The
studies done abroad have not focused on a particular brand but rather gauged consumer perception
towards food products and automobiles product recalls in general. Also this study is the first of kind
in India to study consumer perception of a controversial food product across demographic variables.
Maggi is a household name in India and given its emotional bond with the people, this study aims to
determine the impact of perceived health risk on decades old consumer confidence and trust.
29
METHODS OF DATA COLLECTION
a) Primary data: Primary data means fresh data which is collected for the
first time with a stated purpose. It could be collected through surveys, observations,
interviews etc.
b) Secondary data : data which is gathered and analysed by someone else and
for an objective other than the current objective is secondary data. It involves less cost,
time and efforts.
This project is based on data collected from secondary sources such as newspapers,
internet, magazines, books etc.
DATA SOURCES :
1) Primary sources
2) Secondary source
In the survey being conducted both primary and secondary sources of data has
been in collection of relevant information.
Researchers need to consider the sources on which to base and confirm their research and
findings. They have a choice between primary data and secondary sources and the use of
both, which is termed triangulation, or dual methodology.
30
Primary data is the data collected by the researcher themselves, i.e.
1. interview
2. observation
3. action research
4. case studies
5. life histories
6. questionnaires
7. ethnographic research
8. longitudinal studies
1. Previous research
2. Official statistics
3. Mass media products
4. Diaries
5. Letters
6. Government reports
7. Web information
8. Historical data and information
APPROACH SURVEY :
Survey is best suited for the descriptive research . They are undertaken to learn about
peoples‟s knowledge , beliefs , preferences and satisfaction
INSTRUMENT :
Questionaire :
31
FORM OF INSTRUMENT
The form used here is closed ended question with all the possible answer
to make the respondents feel comfortable.
Open ended question are useful in knowing the ideas of the respondents
in their own words.
Types of questions asked:
Rating Scale :
Sampling procedure :
32
LIMITATIONS
Through ever effort has been made the project study comprensive
there has been limitations.
5) Time, being the major constraint while undertaking the research has limited it
to an extent
33
CHAPTER – 4
DATA ANALYSIS &
INTERPRETATION
34
TABLE 1 SHOWING THE TYPE OF FOOD
PREFERREDBY CONSUMERS
Inference:-
Source : questionnaire
35
GRAPH SHOWING THE TYPE OF FOOD
PREFERRED BY CONSUMERS
36
TABLE 2 SHOWING THE TYPE OF FAST
FOODPREFERRED BY CONSUMERS
Inference:-
Source : questionnaire
37
GRAPH SHOWING THE TYPE OF FAST FOOD
PREFERRED BY CONSUMERS
peference
30%
70%
38
TABLE 3 SHOWING THE DIFFERENT
BRANDS OF NOODLES PREFERRED BY
CONSUMERS
Inference :
Source : Questionnaire
39
GRAPH SHOWING THE DIFFERENT BRANDS OF
NOODLES PREFERRED BY CONSUMERS
40
TABLE 4 SHOWING THAT VARIOUS
RESPONDENTSUSING DEFFERENT VARIETIES OF
MAGGI NOODLES
Percentage
Varieties No .of respondents
Inference :
0.5 % and 7.5% of respondents are using chicken and hungroo noodle
Source : Questionnaire
41
GRAPH SHOWING THAT VARIOUS RESPONDENTS
USING DEFFERENT VARIETIES OF MAGGI
NOODLES
100%
80%
60%
40% 44%
40%
20%
0% 7.50%
0.50%
42
TABLE 5 SHOWING THE CONSUMERS
PERCEPTIONTOWARDS MAGGI
PRODUCTS
Inference:
10% of consumers perception about maggi products are Good for health
30% of consumers perception about maggi products are Junk food tasty
Source: Questionnaire
43
GRAPH SHOWING THE CONSUMERS PERCEPTION
TOWARDS MAGGI PRODUCTS
44
TABLE 6 SHOWING THAT HOW FREQUENTLY
CONSUMERS BUY MAGGI 2 MINUTE
NOODLES
Daily 5%
Rarely 34%
Inference:
Source : Questionnaire
45
GRAPH SHOWING THAT HOW FREQUENTLY
CONSUMERS BUY MAGGI 2 MINUTE
NOODLES :
100%
80%
60%
39%
40% 34%
22%
20% 5%
0%
Daily Rarely Once a week Once a month
46
TABLE 7 SHOWING THE CONSUMERS PERCEPTION TOWARDS
MAGGI NOODLES AS A HEALTHY PRODUCT
Opinion percentage
YES 52%
NO 48%
Inference :
Source : Questionnaire
47
GRAPH SHOWING THE CONSUMERS PERCEPTION TOWARDS
MAGGI NOODLES AS A HEALTHY PRODUCT
Yes No
48% 52%
48
TABLE 8 SHOWING THE PERIOD
OFCONSUMPTION
Period Percentage
Evening as snacks
58%
Dinner 0%
Inference :
Source : Questionnaire
49
GRAPH SHOWING THE PERIOD OF
CONSUMPTION
100%
90%
80%
70%
60%
Respondents
50%
40%
30%
20%
10%
0%
When you Evening as
Break fast Dinner
hungry snacks
period of consumption 28% 58% 14% 0%
50
TABLE 9 SHOWING THE FACTORS
INFLUENCINGCONSUMERS TO PURCHASE
MAGGI NOODLES
Moderate price 6 6%
Availability 8 8%
Brand image 6 6%
Inference :
From the above table , it is clear that
6% of respondents influenced by Moderate price
Source : Questionnaire
51
GRAPH SHOWING THE FACTORS INFLUENCING
CONSUMERS TO PURCHASE MAGGI NOODLES
Factors
6% 6%
8%
80%
52
TABLE 10 SHOWING THE CONSUMERS
VIEWREGARDING PRICE
Very high 6 6%
High 10 10%
Reasonable 74 74%
Low 10 10%
Inference :
Source : Questionnaire
53
GRAPH SHOWING THE CONSUMERS VIEW
REGARDING PRICE
Price
Values
74%
6%
10
%
10%
very
high high
reasonabl
e low
54
TABLE 11 SHOWING THE CONSUMERS LEVEL OF
Excellent 14 14%
Good 46 46%
Satisfied 34 34%
Not satisfied 6 6%
Inference :
46% is Good ,
34% is satisfied,
Source : Questionnaire
55
GRAPH SHOWING THE CONSUMERS LEVEL OF
SATISFACTION TOWARDS MAGGI 2 MINUTE
NOODLES
56
TABLE 12 SHOWING THE CONSUMERS USING
OTHERPRODUCTS OF NESTLE
Opinion Percentage
Yes 80%
No 20%
Inference :
From the above table it is clear that ,
Source : Questionnaire
57
GRAPH SHOWING THE CONSUMERS USING
OTHER PRODUCTS OF NESTLE
No
20%
Yes
80%
58
CHAPTER- 5
FINDINGS , SUGGESTIONS
AND CONCLUSIONS
59
FINDINGS
NET SALES
In 2013, Net sales grew up by 7.1% contributed by net realisations and volume growth in
certain products as compared to year ended 2012
In 2014, the net sales grew up by 8.2% as compared to the previous year.
In 2015, net sales decreased by 17.2% largely due to the impact of MAGGI noodles issue
Net domestic sales decreased by 18.3%. Export sales also decreased by 1.3% because of the
MAGGI issue and lower coffee exports.
Share prices were also impacted with the MAGGI issue.
The other current liabilities have increased, in comparison to the year 2014, mainly due to
the MAGGI noodles issue liability.
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Suggestions
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CONCLUSION
Nestle motto 'Good Food, Good Life' will have to prove its credibility and put a lot
of efforts again as it has ended up in scratch.
Nestle should concentrate on product portfolio diversification with focus on diary,
beverages and coffee and also chocolates as well as confectioner}' in order to avoid over-
dependence on single product. It is rightly said one can do anything but only if God and
Time permits. Those who fail to analyse the happenings in the surroundings become losers
and those who accommodate and adjust according to time rule the world. The controversy
started igniting last year but no officials of Nestle India paid heed to do the necessary
rectification resulting now a bad name and shame for the company. Health is of prime
concern for everyone though taste also matters. It is very difficult to restore the faith lost
because even the school going kids now say -Maggi is bad.
This controversy will surely lead to increased awareness among consumers for
understanding the impact of any product before consumption rather than blindly believing
on false claims in the advertisements. It will also pressurise the other food product giants to
move cautiously by abiding the norms of Food and Safety regulatory norms.
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CHAPTER – 6
QUESTIONNAIRE
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Questionnaire
2) If you like to eat fast food which one do you prefer to eat?
6) What comes first in your mind when you hear the word Maggi ?
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7)
8)
9)
10)How do you perceive Maggi products?
a) Good for health b)Ready to eat c)Junk food Tasty d) Fun eating
8 ) How frequentl y do you buy maggi 2 minute noodles?
a) Yes b)No
10) When do you like to eat maggi 2 minutes noodles ?
a) Yes b) No
15) Give your valuable suggestions if any :
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BIBLIOGRAPHY
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BIBLIOGRAPHY
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