Summer Project Diary 2014

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    SRI RAMAKRISHNA ENGINEERING COLLEGE

    (An Autonomous Institution, Affiliated to Anna University of Technology Coimbatore)Coimbatore - 641 022

    DEPARTMENT OF MANAGEMENT STUDIES

    SUMMER PROJECT DIARY (Batch 2013 15)

    NAME : ......

    REG NO : ......

    ORGANIZATION : ......

    ORGANIZATIONAL GUIDE : ......

    FACULTY GUIDE : ......

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    1. OBJECTIVE

    Summer Project work (12BA1303) aims at providing a real-time learning about the business practices and gain application oriented knowledge from the organisation. The students are expected to practice the conceptual skills learned.

    2. SCHEDULE

    Duration of Project : 4 Weeks

    Joining Date : May 26, 2014 ( Monday)

    First Review : June 08, 2014 (Sunday)

    Project closing date : June 21, 2014 (Saturday)

    Second Review : June 24, 2014 (Tuesday)

    Third Review : July 5, 2014 (Saturday)

    Submission Date : July 11, 2014 (Friday )

    Project review meeting should be attended without fail. Formal dress code should be adhered.

    A brief report on the everyday learnings to be mailed to faculty guide (th rou gh goo gledocs fo rms sent b y your re spect i ve guid es) during the project period and the

    project diary should be submitted at the time of each review .

    At the time of each review the student should submit the project diary properly attested by

    Organizational Guide

    Faculty Guide

    Presentations at the project review meeting should be facilitated using Power Pointin the laptop.

    Project completion certificate should be obtained while leaving the organization. (ReferAppendix 5). Feedback should be received from the organization in the enclosed format.

    Rough draft of Chapter 1&2, two functional departments details and report on every dayactivities should be submitted in the first review meeting.

    Details of all functional areas of the organization and day to day activity report up to June 21, 2014need to be submitted for the second review. Rough draft of the report should be submitted during the third review meeting.

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    PPT templates for presentation in the project reviews will be mailed to the group mail [email protected], Students are expected to follow the format.

    4. GUIDELINES FOR STUDENTS

    You are required to strictly observe the office timings and other norms of office prevailing inthe organization.

    Information obtained from the organization, formally or informally, orally or in writing,should be treated in strict confidence and no information should be disclosed to anybodyor mentioned in the report unless it is cleared by the organization before hand.

    You are advised to take care of your health and make your stay comfortable in the place of work.

    You are advised to be extremely tactful while discussing with people and avoid askingannoying, irrelevant or trivial questions.

    You are also advised to keep off politics, gossips and other interpersonalcontroversies, if any, within the organization.

    Bear in mind that you are going to the organization as a student in quest of knowledgeand not as an Auditor / Investigator.

    Faculty w i l l visit your organisation at any time to assess the progress of the work.Hence you are expected to be regular to the organisation.

    For identification purpose you can possess ID cards when you visit the organisation The soft copy of the following should be submitted along with the project report in one CD

    containing files of

    The executive summary of the report (not exceeding 3 pages) and full report in PDF format).

    1. GE NE RA L :The manual is intended to provide broad guidelines to the MBA candidates in the preparation oft he report. In general, the report s h o u l d b e p r e p a r e d , in an organised fashion. T h er e p o r t s ho u ld be a n account of original work of the candidate.

    2. NUMBER OF COPIES TO BE SUBM ITTE D :

    Students should submit T w o copies to the D i r e c t o r o f the Department on or b e for e July11, 2014 (Friday).

    3. SIZE OF PROJECT REPORT:

    The size of project report should not exceed 60 pages of typed matter reckoned from the first pa ge of Chapter 1 to the last page.

    4. ARRANGEMENT OF CONTENTS:

    The sequence in which the project report material should be arranged and bound should be a sfo ll ows :

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    1. Cover Page & Title Page2. Bonafide Certificate3. Declaration4. Project completion Ce r ti f icate

    5. Acknowledgement6. Executive Summa ry7. Table of Contents8. List of Table9. List of Figures10.List of Symbols, Abbreviations and Nomenclature11. Chapters12. Appendices13. Re f e r e nce s

    The table and figures shall be introduced in the appropriate places.

    5. PAGE DIMENSION AND BINDING SPECIFICATIONS:

    The report should be of A4 size. The report should be bound using flexible cover of thick whiteart paper. The cover should be printed in black letters and the text for printing should beidentical.

    6. PREPARATION FORMAT:

    6.1 Cover Page & Title Page A specimen copy of the Cover page & Title page of t he project report are given in Appendix 1.

    6.2 Bonafide Certificate The Bonafide Certificate shall be in one and a half li nes pacing using Font Style Times New Roman and Font Size 14, as per the format inAppendix 2.

    6.3 Declaration - Declaration to be given for the work done by the student as per the f ormatin Appendix 3.

    6.4 Acknowledgement It should be brief and should not exceed one page when typed on eand a half spacing.

    6.5 Table of Contents The table of contents should list all material fo llowing it as well a sany material which precedes it . The title page, Bonafide Certificate and Declaration will notf ind a place among the items listed in the Table of Contents: The page numbers for theabstract, li st of tables, list of figures and list of symbols should be in lower case Romanletters. One and a half spacing should be adopted for typing the matter under this hea d.

    6.6 Executive Summary A brief summary of the work not exceeding one page should be

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    presented with the following headings:

    1. Organisation Profile2. Macro Micro Analysis3. Learnings

    4. Conclusion

    One and a half line spacing, Fon t Style Times New Roman and Font Size 12 should be adopted for typing the matter under t his hea d.

    6.7 List of Tables The list should use exactly the same captions as they appear above theta b le s in the text. One and a half spacing should be adopted for typing the matter under thishea d.

    6.8 List of Figures The list should use exactly the same captions as they appear below t hefigures in the text. One and a half spacing should be adopted for typing the matter under this

    hea d.

    6.9 List of Symbols, Abbreviations and Nomenclature One and a half spacing should beadopted for typing the matter under this head. Standard symbols, abbreviat ions etc. should

    be use d.

    6.10Chapters The main text will be divided into several chapters and each chapter may be further divided into several divisions and sub-divisions (Refer to the chapter scheme atAppendix 4)

    * Each chapter should be given an appropriate t itle.

    * Tables and figures in a chapter should be placed in the immediate vicinity of t hereference where they are cited.

    :* Footnotes should be used sparingly. They should be typed single space and p lace d directlyunderneath in the very same page, which refers to the material they annotate.

    6.11 Appendices Appendices are provided to give supplementary information, which isincluded in the main text may serve as a distraction and cloud the central theme.

    Appendices should be numbered using Arabic numerals, e.g. Appendix 1, Appendix 2, etc .

    Appendices, Tables and References appearing in appendices should be numbered a ndreferred to at appropriate places just as in the case of chapters.

    Appendices shall carry the t it le of the work reported and the same t it le shall be made i n thecontents page also.

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    6.12.1. List of References The listing of references should be typed 2 spaces below theheading REFERENCES in alphabetical order in single spacing left justified. Ther e f e r e nce material should be listed in the alphabetical order of the first author. The nameof t he author/authors should be immediately followed by the year and other details.

    The page Nos. for the abstract, list of table, list of figures and list of symbols shou ld beinlow e r case roman letters.

    A typical illustrative list given below relates to the citation example quoted above.

    Examples of Article References

    1. Ku, G. (2008). Learning to de-escalate: The effects of regret in escalation of commitment.Organizational Behavior and Human Decision Processes , Vol.42, No.1, pp.421-425 .

    2. Barnard, R.W. and Klogg, C. (1980) Applications of Convolution Operators to

    Problems in Univalent Function Theory, Michigan Mach, J ., Vol.27, pp.8194.Examples of Book Reference

    1. Jay Diamond, 2011, Retail Advertising and Promotion, Fair Child Books & Visuals.

    2. G.P.Sudhakar, 2012, 1 st ed, Integrated Retail Marketing Communication, PHI Learning.

    6.12.2 Table and figures - By the word Table, is meant tabulated numerical data in the body of t he project report as well as in the appendices. All other non-verbal materials used in the bodyof the project work and appendices such as charts, graphs, maps, photographs and diagramsma y be designated as figures.

    7 TYPING INSTRUCTIONS:

    7.1 General

    This section includes additional information for final typing of the project r e por t . So meinformation given earlier under Manuscript preparation shall also be referred.

    The impressions on the typed copies should be black in colour.

    The font and size : 12 point Times New Roman with bold letters whe r e ve r necessary shall be

    used to have un ifor mit y of the report.

    A sub-heading at the bottom of a page must have at least two full lines below it or else it should be carried over to the next page.

    The last word of any page should not be split using a hyphen.

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    One and a half spacing should be used for typing the general te xt . Single

    spacing should be used for typing:

    (i) Long Tables

    (ii) Long quotations(iii)Foot notes(iv)Multiline captions(v) References

    All quotations exceeding one line should be typed in an indented space t heindentation being 15mm from either margins. One and a half spacing should be used fortyping the Bonafide Certificate and Acknowledgement.

    7.2. Chapters

    The format for typing chapter headings, division headings and sub division headings a r eexplained through the following illustrative examples.

    Chapter heading : CHAPTER 1

    Division heading : ORG ANISATION PROFILE

    Division heading : 1.1 INT RO DUC TIO N

    Sub-division heading : 1.1.2 HISTORY

    The word CHAPTER without punctuation should be centered 50mm down from the t op of the page.

    One space below, the tit le of the chapter should be typed centrally in ca p ital letters. The text should

    commence 2 spaces below this t it le, the first letter of the te xt starting 20mm, inside from the left

    hand margin. (Refer Appendix 6 )

    The division and sub-division captions along with their numberings should be le f t - justified. The

    typed material directly below division or sub-division heading shou ld commence 2 spaces below it and

    should be offset 20 mm from the left hand ma rg in. Within a division or sub-division, paragraphs are

    permitted. Even paragraph shou ld commence 1 space below the last line of the preceding paragraph,the first letter in the paragraph being offset from the left hand margin by 20mm.

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    8. NUMBERING INSTRUCTIONS

    8.1. Page Numbering

    All pages numbers (whether it is in Roman or Arabic numbers) should be t ype d without

    punctuation on the upper right hand corner 20mm from top with the last digit i n line with the righthand margin. The preliminary pages of the project report (such a s Title page, Acknowledgement,

    Table of Contents etc.) Should be numbered i n low e r case Roman numerals. The title page will

    be numbered as (i) but this should not be t yp e d. The page immediately following the title page

    shall be numbered (ii) and it shou ld a pp ea r at the top right hand corner as already specified.

    Pages of main text, starting w it h Chapter 1 should be consecutively numbered using Arabic

    numerals.

    8.2 Numbering of Chapters, Divisions and Sub-Divisions

    The numbering of chapters, divisions and sub-divisions should be done, using Ar a b ic numerals

    only and further decimal notation should be used for numbering t he divisions and sub-

    divisions within a chapter. For example, sub-division 4 und e r division 3 belonging to chapter 2

    should be numbered as 2.3.4. The caption for t he sub-division should immediately follow the

    number assigned to it. Every chapter beginning with the first chapter should be serially

    numbered us ing Arabic numerals. Appendices i n c l u d e d should also be numbered in an

    id e ntical manner starting with Appendix 1.

    8.3 Numbering of Tables and Figures

    Tables and Figures appearing anywhere in the project report should bea r appropriate

    numbers. The rule for assigning such numbers is illustrated through a n example. Even if figure

    or table in Chapter 3, happens to be the fourth then a ss ign 3.1 to that figure or table. Identical

    rules apply for tables except that the word Figures is replaced by the word Table. If figures (or

    tables) appear in appendices then figure 3 in Appendix 2 will be designated as Figure A 2.3.

    If a table to be continued into t he next page this may be done, but no line should be

    drawn underneath a n unf in ishe d table. The top line of the table continued into the next page

    should, for e xam p le read Table 2.1 (continued) placed centrally and underlined.

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    8.4 Numbering of Equations

    Equations appearing in each Chapter or Appendix should be num be r e d serially, the numbering

    commencing a fresh for each Chapter or Appendix. Thus for example, an equation appearing in

    Chapter 2, if it happens to be the eighth equation in that Chapter should be numbered (2.8) thus:

    C(s) G 1 G2 = ----------------- (2.8)

    R(s) 1 + G 1 G2 H

    While referring to this equation in the body of the project report it should be referred to asEquation (2.8).

    9. BINDING SPECIFICATIONS

    Project report submitted should be bound using flexible cover of thick white art paper. The spine for

    the bound volume should be of black Calico of 20mm width. The cover should be printed in black

    letters and the text for printing should be identical to what has been prescribed for the title page.

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    APPENDIX 1

    (A typical Specimen of Cover Page & Title Page)

    A STUDY ON THE BUSINESS PRACTICES IN ORGANISATION NAME

    A SUMMER PROJECT REPORT

    Submitted by

    NAME OF THE CANDIDATE

    Register Number:

    in partial fulfilment for the award of the degree of

    MASTER OF BUSINESS ADMINISTRATION

    IN

    DEPARTMENT OF MANAGEMENT STUDIES

    Name of the Institution

    MONTH & YEAR

    AnnaUniversityEmblem

    CollegeEmblem

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    SPECIMEN

    A STUDY ON THE BUSIENSS PRACTICES IN ROOTS INDUSTRIES LIMITED,

    COIMBATORE

    A SUMMER PROJECT REPORT

    Submitted by

    SUSMITHA . S

    Register Number: 191000

    in partial fulfilment for the award of the degree of

    MASTER OF BUSINESS ADMINISTRATION

    in

    DEPARTMENT OF MANAGEMENT STUDIES

    SRI RAMAKRISHNA ENGINEERING COLLEGE

    Coimbatore-641 022

    JULY 2014

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    APPENDIX 2(A typical specimen of Bonafide Certificate)

    Name of the I nstitution

    Name of the Department

    A SUMMER PROJECT WORK

    JULY 2014

    This is to certify that the project entitled

    A STUDY ON THE BUSIENESS PRACTICES IN ORGANISATION NAME

    is the bonafide record of project work done by

    NAME OF THE CANDIDATE Register Number:

    of Department of Management Studies during the year 2013-14

    -------------------------------- ---- --------------------------- Project Guide Director Department of Management Studies

    Subm itted

    for the Project Viva-Voce examination held on _____________________________

    ------------------------- ----------------

    Internal Examiner External Examiner

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    SPECIMEN

    SRI RAMAKRISHNA ENGINEERING COLLEGE

    COIMBATORE-641 022

    Department of Management Studies

    A SUMMER PROJECT REPORT

    JULY 2014

    This is to certify that the project report entitled

    A STUDY ON BUSINESS PRACTICES IN ROOTS INDUSTRIES LIMITED, COIMBATORE

    is the bonafide record of project work done by

    SUSMITHA.S

    Register Number: 1291000

    of Department of Management Studies during the year 2014-2015

    ______________

    Project Guide Director Department of Management Studies

    Submitted for the project Viva-Voce examination held on ______________

    _______________ ________________

    Internal Examiner External Examiner

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    APPENDIX 3

    DECLARATION

    I affirm that the Summer Project work titled . bei ng submitted in partial

    fulfillment for the award of MBA, is the original work carried ou t by me. It has not formed

    the part of any other project work submitted for award of any degree or diploma, either in this

    or any other University.

    (Signature of the Candidate) Name of the Candidate

    Register Number

    I certify that the declaration made above by the candidate is true

    Signature of the Guide, With Name & Designation

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    CHAPTER SCHEME

    I. ORGANISATION PROFILE

    Introduction

    Type of the organisationMembers of Management

    Product and services of the organisation

    History

    Vision and Mission

    Organisation chart

    CSR Initiatives &

    Other Details

    II. MACRO MICRO ANALYSIS

    Industry position in Indian and International Scenario

    Political, Economical, Social, Technological, Legal and Environmental Analysis

    SWOT Analysis

    III. LEARNINGS

    3.1 FUNCTIONAL AREAS

    Marketing Department

    Production /Operations Department

    Finance Department

    Human Resources

    Systems

    3.2 Field Study if any conducted

    Objectives

    Methodology

    Findings

    Recommendations

    APPENDIX

    REFERENCES

    APPENDIX 4

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    APPENDIX 5

    PROJECT COMPLETION CERTIFICATE

    This is to certify that Mr./Ms. ........................................................ (Reg. No.............. .............) a

    student of Department of Management Studies, Sri Ramakrishna Engineering College, has

    undergone a Project t itled ........................................................................................

    for a period of 4 weeks from May 26, 2014 to June 22, 2014.

    Signature of the authorized signatory with seal

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    50 mm

    APPENDEX 6

    CHAPTER 1

    ORGANISATION PROFILE

    1.1 INTRODUCTION

    Bajaj Auto Limited is an Indian two-wheeler and three-wheeler manufacturing company.

    Bajaj Auto manufactures and sells motorcycles, scooters and auto rickshaws. Bajaj Auto is a

    part of the Bajaj Group. It was found by Jamnalal Bajaj in Rajasthan in the year 1930. It is

    based in Pune, Mumbai, with plants in Chakan(Pune), Waluj (near Aurangabad and Pantnagar

    in Uttarakhand. The oldest plant at Akudi(Pune) now houses the R&D centre.

    1.1.1 HISTORY

    Bajaj Auto came in existence on 29 November 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 a licence from the Government of India to manufacture two-wheelers and three-

    wheelers and it became a public limited company in 1960. In 1970, it rolled out its 1,00,000

    vehicle in 1977, it sold 1,00,000 vehicles in a financial year. In 1985 it started producing a

    Waluj near Aurangabad. In 1995, it rolled out its ten millionth vehicle and produced and sold

    one million vehicles in a year

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    General Guidelines

    The student are expected to learn the following from the different functional areas of an organization

    I. Organisation Profile

    Introduction

    Type of the organisation

    Members of Management

    Product and services of the organisation

    HistoryVision and Mission

    Organisation chart

    CSR Initiatives &

    Other Details

    II. MACRO MICRO ANALYSIS

    Industry position in Indian and International Scenario

    Political, Economical, Social, Technological, Legal and Environmental Analysis

    SWOT Analysis

    III. FUNCTIONAL AREAS

    A) MARKETING DEPARTMENT

    The product profile/Pricing methods/Distribution Channel/Promotion Mix

    Market share of the Organisation

    Competitive position of the product

    Competitors list

    Segmenting Targeting and Positioning for the products of the company

    Customer acquisition process

    Complaints handling

    Number of customer /clients for the last five years in graphical format

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    Customer profiling and analysis based on business volume and values

    CRM practices(if any software used)

    Distribution channels

    Logistics handling

    After sales service

    Warranty terms

    Customer invoice or any other documents and formats

    Quotation analysis

    Pricing Strategies

    Selling Process - (Sales negotiations/ Receivables/ Delivery Performance)

    Export details.

    Customer Satisfaction Survey

    Customer loyalty programs

    Online/interactive marketing

    Marketing campaigns

    B) PRODUCTION /OPERATIONS DEPARTMENT

    Quality practices

    Production process at each work center

    Technologies used

    Plant layout

    Inventory Management & Valuation

    Supply chain management

    Information on raw materials

    Raw material sourcing

    Vendor identification/selection

    Lean manufacturing

    Inspections

    ERP usage in material planning(or any other software used)

    Different forms used for purchase order

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    Scheduling of material, people and methods

    Work details @ R & D

    C) FINANCE DEPARTMENT

    Books of Accounts maintained and the format in which the accounts are maintained

    Business Plan Short Term and Long Term

    Book value/Share Capital of the company( if the company is unlimited company)

    Capital structure of the company

    Share price of the company Historical share price movements for a year if the company is listed

    company.

    Operating cycle and working capital Cycle

    Financial statement analysis

    Ratio analysis- Liquidity, Solvency, Efficiency, Turnover, Profitability Ratios

    Comparative and common size statement

    Methods of depreciation calculation

    Quarterly (4 quarters) performance of the company

    Benchmarking with industry average of top performing company

    Bankers of the company

    Methods of performance analysis

    If company has Forex Exposure Risk management methodology adopted

    Statutory obligation IT,VAT, Service Tax Exercise Duty, TDS

    Filing of Statutory forms/Returns

    Periodical returns sent to Bank/RBI/ Tax Department/Statistical Department

    D) HUMAN RESOURCES

    Vision and Mission of the HR Department

    Objectives of the HR Department

    Policies of the HR Department

    Functions of Human Resource Department:

    Recruitment:Recruitment PolicySources of Recruitment

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    Recruitment ProcessSelection:

    Selection ProcedureSelection Tests TypesInterview Types

    Orientation (Induction):Programme StructureDays of Conduct

    Job Analysis:Job DescriptionJob SpecificationJob EvaluationRole Analysis

    Career Planning & Development:Career Planning ProcessPromotion Plan

    Training & Development:ObjectivesTraining ProcessMethods of Training & Development

    Compensation:Compensation PoliciesTypes of CompensationComponents of CompensationSalary Calculation / Pay Roll Processing

    Performance Appraisal:MethodsFormsAppraiser Norms

    Motivation:Techniques used for MotivationAwards / Rewards

    Grievance Handling:Grievances ProcedureGrievance Reporting MechanismGrievances Handling Mechanism & Redressal

    Human Resource Information System:Human Resource AccountingHuman Resource AuditSpecial Software used

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    Other Functions:Counseling, Coaching and MentoringWelfare ActivitiesHealth and Safety MeasuresRetention Techniques Employee Satisfaction SurveyExit Interview

    E. SYSTEMS DEPARTMENTTechnical InfrastructureService DeliveryBusiness Systems

    IV. LEARNINGS

    Field Study if any conducted

    Objectives

    Methodology

    Findings

    Recommendations

    APPENDIX

    REFERENCES

    The documents and formats applicable to all departments to be collected after obtainingapproval from concerned department

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    Details of the Learnings Mailed to Project Guide

    Date Details E-mailed (Google Docs) StudentSignature

    Remarks/FacultyGuide Signature

    May 26, 2014

    May 27, 2014

    May 28, 2014

    May 29,2014

    May 30, 2014

    May 31,2014

    June 1, 2014

    June 2, 2014

    June 3, 2014

    June 4, 2014

    June 5, 2014

    June 6, 2014

    June 7, 2014

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    Brief Report on the Learning from June 9 to 21, 2014

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    __________________________________________________________________________________

    Signature of Organisation Guide

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    Date Details E-mailed (google docs) StudentSiganrure

    Remarks/FacultyGuide Signature

    June 9, 2014

    June 10,2014

    June 11,2014

    June 12,2014

    June 13,2014

    June 14,2014

    June 15,2014

    June 16,2014

    June 17,

    2014

    June 18,2014

    June 19,2014

    June 20,2014

    June 21,2014

    June22,2014

    Details of the Learnings Mailed to Project Guide

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    DEPARTMENT OF MANAGEMENT STUDIES PROJECT WORK : FEEDBACK FORM

    Name of the Student

    Register No

    Title of the Project Name of the Organisation

    Name of the Organisation Guide

    Designation of the Organisation Guide

    Contact No.of the Organisation Guide

    Kindly give your opinion on the performance of the student:

    Criterion Excellent Good Satisfactory Fair Poor Not Applicable

    Ability to understand

    Ability to communicate

    Ability to learn

    Ability to make decisions

    Ability to take initiatives

    Willingness to take responsibility

    Meeting the schedules

    Working in a team

    Passion in executing the task

    Leadership skill

    Subject Knowledge

    Adaptiveness

    Punctuality

    Ethical Practices

    Analytical skills

    Overall Comment

    SRI RAMAKRISHNA ENGINEERING COLLEGE(An Autonomous Institution, Affiliated to Anna University)

    Coimbatore - 641 022

    Signature with Company Seal: