Comparative Study of Bajaj and Hero Honda

Comparative Study of Bajaj and Hero Honda Bajaj Auto limited is one of the largest two wheeler manufacturing company in India apart from producing two wheelers they also manufacture three wheelers. The company had started way back in 1945. Initially it used to import the two wheelers from outside, but from 1959 it started manufacturing of two wheelers in the country. By the year 1970 Bajaj Auto had rolled out their 100,000th vehicle. Bajaj scooters and motor cycles have come an integral part of the Indian milieu and over the years have come to represent the aspirations of modern India. Bajaj Auto also has a technical tie up with Kawasaki heavy industries of Japan to produce the latest motorcycles in India which are of world class quality The Bajaj Kawasaki eliminator has emerged straight out of the drawing board of Kawasaki heavy industries. The core brand values of Bajaj Auto limited includes Learning, Innovation, Perfection, Speed and Transparency. Bajaj Auto has three manufacturing units in the country at Akurdi, Waluj and Chakan in Maharashtra, western India, which produced 2,314,787 vehicles in 2005-06. The sales are backed by a network of after sales service and maintenance work shops all over the country. Bajaj Auto has products which cater to every segment of the Indian two wheeler market Bajaj CT 100 Dlx offers a great value for money at the entry level. Similarly Bajaj Discover 125 offers the consumer a great performance without making a big hole in the pocket. Registered under the Indian Companies Act, VII of 1913 REGISTERED OFFICE Akurdi, Pune 411 035 WORKS Akurdi, Pune 411 035 Bajaj Nagar, Waluj Aurangabad 431 136 Chakan Industrial Area, Chakan, Pune 411 501 Type Public Founded 1945 Headquarter Pune, India Key  people Rahul Bajaj(Chairman) Revenue Rs. 1,01,063 billion (2006) or USD1.87 billion Net income Rs. 17,016 billion Employees Website www.bajajauto.com Bajaj Auto is a major Indian automobile manufacturer. It is Indias largest and the worlds 4th largest two- and three-wheeler maker. It is based in Pune, Maharashtra, with plants in Waluj near Aurangabad, Akurdi and Chakan, near Pune. Bajaj Auto makes motorscooters, motorcycles and the auto rickshaw. Contents 1HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Company.27s_history#Company.27s_historyCompanyHYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Company.27s_history#Company.27s_historyHYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Company.27s_history#Company.27s_historys history 1.1HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Timeline_of_new_releases#Timeline_of_new_releasesTimeline of new releases 2HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Scooters#ScootersScooters 3HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Motorcycles#MotorcyclesMotorcycles 4HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Upcoming_Models#Upcoming_ModelsUpcoming Models 5HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#New_Image#New_ImageNew Image 6HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#Forbes_Global_2000_Ranking_-_2005#Forbes_Global_2000_Ranking_-_2005Forbes Global 2000 Ranking 2005 7HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#External_links#External_linksExternal links 8HYPERLINK ../../../../../../../../C:/Documents and Settings/CIET/My Documents/Bajaj vs Hero Honda/New Folder/Bajaj_Auto.htm#References#ReferencesReferences Companys history Bajaj Auto came into existence on November 29, 1945 as M/s Bachraj Trading Corporation Private Limited. It started off by selling imported two- and three-wheelers in India. In 1959, it obtained license from the Government of India to manufacture two- and three-wheelers and it went public in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it managed to produce and sell 100,000 vehicles in a single financial year. In 1985, it started producing at Waluj in Aurangabad. In 1986, it managed to produce and sell 500,000 vehicles in a single financial year. In 1995, it rolled out its ten millionth vehicle and produced and sold 1 million vehicles in a year. Timeline of new releases 1971 three-wheeler goods carrier 1972 Bajaj Chetak 1976 Bajaj Super 1977 Rear engine Autorickshaw 1981 Bajaj M-50 1986 Bajaj M-80, Kawasaki Bajaj KB100 1990 Bajaj Sunny 1994 Bajaj Classic 1995 Bajaj Super Excel 1997 Kawasaki Bajaj Boxer, Rear Engine Diesel Autorickshaw 1998 Kawasaki Bajaj Caliber, Legend(Indias first four-stroke scooter) 2000 Bajaj Saffire 2001 Eliminator, Pulsar 2003 Caliber115, Bajaj Wind 125, Bajaj Pulsar 2004 Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i 2005 Bajaj Wave, Bajaj Avenger, Bajaj Discover 2006 Bajaj Platina 2007 Bajaj Pulsar-200 Upcoming Models Bajaj Pulsar 220 DTS-Fi Bajaj Krystal Bajaj Blade Bajaj Sonic New Image The company, over the last decade has successfully changed its image from a scooter manufacturer to a two wheeler manufacturer, product range ranging from Scooterettes to Scooters to Motorcycle. Its real growth in numbers has come in the last 4 years after successful introduction of a few models in the motorcycle segment.The company is headed by Rahul Bajaj who is worth more than US$1.5 billion. History of Hero Honda India has the largest number of two wheelers in the world with 41.6 million vehicles. India has a mix of 30 percent automobiles and 70 percent two wheelers in the country. India was the second largest two wheeler manufacturer in the world starting in the 1950à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s with the birth of Automobile Products of India (API) that manufactured scooters. API manufactured the Lambrettas but, another company, Bajaj Auto Ltd. surpassed API and remained through the turn of the century from its association with Piaggio of Italy (manufacturer of Vespa). The license raj that existed between the1940s to1980s in India, did not allow foreign companies to enter the market and imports were tightly controlled. This regulatory maze, before the economic liberalization, made business easier for local players to have a sellerà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢s market. Customers in India were forced to wait 12 years to buy a scooter from Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times its annual output for scooters. The motorcycle segment had the same long wait times with three manufacturers; Royal Enfield, Ideal Jawa, and Escorts. Royal Enfield made a 350cc Bullet with the only four-stroke engine at that time and took the higher end of the market but, there was little competition for their customers. Ideal Jawa and Escorts took the middle and lower end of the market respectively. In the mid-1980s, the Indian government regulations changed and permitted foreign companies to enter the Indian market through minority joint ventures. The two-wheeler market changed with four Indo-Japanese joint ventures: Hero Honda, TVS Suzuki, Bajaj Kawasaki and Kinetic Honda. The entry of these foreign companies changed the Indian market dynamics from the supply side to the demand side. With a larger selection of two-wheelers on the Indian market, consumers started to gain influence over the products they bought and raised higher customer expectations. Hero Honda Motorcycles Limited is an Indian manufacturer of motorcycles and scooters. Hero Honda is a joint venture that began in 1984 between the Hero group of India and Honda from Japan. It has been the worlds biggest manufacturer of 2-wheeled motorized vehicles since 2001, when it produced 1.3 million motorbikes in a single year. Hero Hondas Splendor is the worlds largest selling motorcycle[.Its 2 plants are in Dharuhera and Gurgaon, both in Haryana, India. It specializes in dual use motorcycles that are low powered but very fuel efficient. Contents 1HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Models HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#ModelsModels 1.1HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Bikes HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#BikesBikes 2HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Company_Profile HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Company_ProfileCompany Profile 2.1HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Just-in-Time HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Just-in-TimeJust-in-Time 2.2HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Ancillarisation HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#AncillarisationAncillarisation 2.3HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Dealer_Network HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Dealer_NetworkDealer Network 2.4HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Financial_Planning HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Financial_PlanningFinancial Planning 2.5HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Quality HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#QualityQuality 2.6HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#Diversification HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#DiversificationDiversification 3HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#External_links HYPERLINK http://en.wikipedia.org/wiki/Hero_Honda#External_linksExternal links [ Models ] Bikes Hero Honda Splendor Plus Hero Honda Passion Plus Hero Honda Karizma Hero Honda CBZ Hero Honda Super Splendor Hero Honda CD Dawn Hero Honda CD Deluxe Hero Honda Glamour MARKETING :s agents from Hero travels to all the corners of the country, visiting dealers and send back daily postcards with information on the stock position that day, turnover, fresh purchases, anticipated demand and also competitor action in the region. The manufacturing units have a separate department to handle dealer complaints and problems and the first response is always given in 24 hours. HYPOTHESIS [Financial Planning] The Hero Group benefits from the Group Chairmans financial acumen and his grasp on technology, manufacturing and marketing. Group Company, Hero Cycles Limited has one of the highest labor productivity rates in the world. In Hero Honda Motors Limited, the focus is on financial and raw material management and a low employee turnover. [ Quality ] Quality at Hero is attained not just by modern plants and equipment and through latest technology, but by enforcing a strict discipline. At the Group factories, attaining quality standards is an everyday practice a strictly pursued discipline. It comes from an amalgamation of the latest technology with deep-rooted experience derived from nearly four decades of hard labor. It is an attitude that masters the challenge of growth and change change in consumers perceptions about products and new aspirations arising from a new generation of buyers. Constant technology up gradation ensures that the Group stays in the global mainstream and maintains its competitive edge. With each of its foreign collaborations, the Group goes onto strengthen its quality measures as per the book. The Group also employs the services of independent experts from around the world to assist in new design and production processes. [ Diversification ] Throughout the years of enormous growth, the Group Chairman, Mr. Lall has actively looked at diversification. A considerable level of backward integration in its manufacturing activities has been ample in the Groups growth and led to the establishment of the Hero Cycles Cold Rolling Division, Munjal and Sunbeam Castings, Munjal Auto Components and Munjal Showa Limited amongst other component-manufacturing units. OUTCOMES After the data has been collected, it was tabulated and findings of the project were presented followed by analysis and interpretation to reach certain conclusions. Q-1 Which Model do you Have? Hero Honda Bajaj Splender 21 CT 100 7 Passion 13 Discover 12 Karizma 7 Pulsar 11 Any other 6 Any other 8 Q-2 In which family Income level do you Fall? 100000-200000 22 200000-300000 45 300000-400000 23 above 400000 10 Q-3 How would you rate the following factors of Bikes with respect to different company? Hero Honda Bajaj Mileage 74% 72% Price 68% 65% Pick up 70% 80% Maintenance 58% 62% Look Shape 85% 80% Brand Image 53% 55% Conclusion Most of the Pulsar, CBZ Karizma are purchased by young generation 18 to 30 because they prefer stylish looks and rest of the models of Hero Honda are purchased more by daily users who needs more average of bikes than looks. Hero Honda is considered to be most fuel-efficient bike on Indian roads. Service Spare parts are available throughout India in local markets also. While buying a motorcycle, economy is the main consideration in form of maintenance cost, fuel efficiency. Majority of the respondent had bought their motorcycle more than 3 years. RECOMMENDATIONS Bajaj should introduce some more models having more engine power. Hero Honda should think about fuel efficiency in case of upper segment bikes. More service centers should be opened. Maintenance cost and the availability of the spare parts should also be given due importance. They also introduce some good finance/discount schemes for students. The price should be economic.

Lack of Proper Management Practices in the Roaring Dragon Hotel

Roaring Dragon Hotel, a state owned enterprise, was one of the reputed 3 star hotels in China. This case study is about the conflict aroused by taking over of a former C Lack of proper management practices brought down the vibrant history and reputation of Roaring Dragon hotel, which was a premium hotel in south-west China. Hotel International was given the responsibility to transform the Chinese hotel to a modern market oriented organization, to improve its potential. Problem Though the problem areas of the Organizational culture are identified, management failed to manage the Cultural Differences of Expatriate Managers and Employees. The employees faced severe conflicts in adapting the changes made by the new management; consequently they lost their significance, motivation and developed a feeling of insecurity over the top management decisions. Opportunities The change in Management has brought an excellent opportunity to change the deeply entrenched non-productive work behavior and modernize the Hotel to international recognition by proper training, motivation and trust which also generate profits and deliver the quality of service. Recommendations. Inculcating a manager who is thrown out with the Chinese Culture and including the locals in the Management, taking the Employees into confidence by salary hikes, identifying their hard work, and also make sure the change is properly communicated to the Employees through right cha Conclusion Strategy was good initiative but they failed to capitalize it by not taking into account Locals Culture and improper communication between Expatriate Managers and Employees. HI would have improved the communication between the managers and employees by paying more attention to rted following the Guanxi management rather than HI management.

Are Females Better Students Than Males Essay

Sajetha: As a whole, females do better than males in school. Am I saying that the individual female will always do better than the individual male? No. There are of course males who perform academically better than girls in school. However, speaking from a male’s point of view, female academic performance is higher than male academic performance. A simple Google search will also attest to this fact. Amy: Males are simply smarter. Thousands of years of male dominance must have meant something. Why would males be considered dominant by history? Because its a fact that was always proven. Males are born smarter, although they have a lot of sexual desires. Yeeting: The time has change. Come on. We might think that boys are good at everything†¦ And that is wrong. Most of the scientist might be boys, but what about Barbara McClintock-the one that found out that DNA and Irine Joliot-Curie-the one that found nuclear. I have to admit that girls are also better. Tvya: No gender is better than the other. Even if women generally test better than males, you can’t say that one gender is better at school than the other. It doesn’t matter what is in between a student’s legs as much as what is in between their ears. Society molds boys and girls into acting a certain way rather than the opposite. Sajetha: Girls are more dedicated. Girls have a tendency to dedicate more time and energies to their studies than boys. Girls typically set a schedule for studying that rarely is interrupted. This consistency ensures that studying will occur on a set and regular basis. Amy: No, females and males are equal students. Females are no better or worse students than males. Both genders have their pros and cons in terms of being a student, but more importantly, how great a student is is up to the individual. It’s really impossible to say if any one gender is better than  the other. They’re both equal. Yeeting: Intelligent, powerful and smart. Girls are more intelligent, discipline and matured than boys. Now a days in most of the universities girls are in the top of the list.What do you say? But boys think that they are more creative and intelligent. Tvya: Females are NOT better than Boys. Most people will tell you that girls are smarter than boys. A study by Dr. Paul Irving and Dr. Richard Lynn, states that the opposite is true. Despite the fact that girls get slightly better grades, males on average have a higher IQ than girls by about 5 points. The grades are merely a product of an educational system geared towards females. Sajetha: I’am a boy. Being a boy I will support girls as it is universal truth that girls are better students. I accept boys have stupid and nasty thoughts. Girls have a kind of discipline in them and they maintain it. Girls follow what the teacher say in class and boys usually do opposite. Only a few examples can be seen that boys seems to be better ones but other boys use to call them bookworms. But girls don’t do. Amy: No I do not believe this. This doesn’t mean that one is better than the other, this simply means that each excel in their own way. As for successful males versus females, it hasn’t been proven that females have more success in the future or that they are smarter. Yeeting: Yes they are Because girls are more mature than boys and they focus better and they get in trouble way more than boys. Also the female gender starts to mature a year or two earlier than the male gender so that’s why i think girls make better students than boys. Tvya: If females were better students than males why would males always be dominant. To choose a governor for your place country you would choose someone wise which shows men are better students than males because they are mostly the ones in power and to be in power you have to be a good student Sajetha: Females are always better student than the male. I am totally agree with this statement. That’s why they got the chance to study in old time and there was no chance of study of girls. Their family members think that this is not good to send females to school but females proof this that they are good they have right to study even they are better than the males in our classes. Amy: Are female students better or are males I think that males can be better than females in studies because if you see, that most of the best students in the world are males. Many people think that females are better in studies because it is a natural fact. This does not mean that males are not as good as females in a studious environment Yeeting: Of course! There is no doubt that the girls are superior than boys in every aspect. I think that the girls have more moral values than the guys. Girls make world but the boys just destroy it. By the way I KNOW that there is no need to explain the importance of girls because we all know that our world cannot run without them. Tvya: I say no they are the same. Each student are the same. Some can do good on day and the other can do bad. You cant chose which is better because at the end of it they are all just the same. I think that pupils shouldn’t be judged by the way they do their work we should just let them be them. Sajetha: Yes there are Because I said so. They are better because at school we are doing a debate on who are better students. And my group got girls are better students. So I did some research and I went on this website and I see that 6% more voted for boys than girls so I said girls are so it would be only 3% and then it told I have to write something if I brought it up a % so I wrote this. Amy: Definitely not — .. Affirmative action for females, a system designed for female learning patterns. As students are females better? No! But in current conditions, maybe. This is a very poor excuse to preach female  superiority, whereas if anything even hinting to superiority of males is taken with little seriousness and is seen as blatant sexism, double standards. Yeeting: I think that females are better at school Because as my school we got to go to a baseball game if you got straight a’s in all subjects there were like 15 people invited and only 1 guy got invited. So that why I think that girls are usually better students than guys but that’s at my school your school may be different. Tvya: I totally Disagree. I believe everyone’s equal . We are all born with the same brain capacity . We choose to study or not to study , women choose to study but it does not point a finger that they are smarter . We are the one’s that have control over ourselves . No one was born stupid!

Role Of A Leader s Top Responsibilities - 973 Words

Seagram was challenged with maintaining a good image to their employees as well as the public. Much of the challenge involved the lack of communication. According to Tay, Ang, and Hegney (2012), effective communication is defined as â€Å"a two-way process – sending the right message that is also being correctly received and understood by the other person† (p.2648). In order to communicate effectively, leaders must be active listeners, understand how perception influences actions, and understand the impacts of the lack of communication. In addition, communication is an essential element in enhancing value change in companies. The values must be well presented, understood for the implementation to be a success. One of a leader’s top responsibilities is to communicate expectations clearly and accurately to followers. Seagram had to change every aspect of the way that it was managed. They had to unlearn their old culture and new values had to be reinforced. 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