UNIQUE REGISTRATION NUMBER

1. UNIQUE REGISTRATION NUMBER
Submitted To : Submitted By :
Abhishek Rathi Rakesh
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2. DECLARATION
I hereby declare that the project report titled “Distribution of Unique
Registration number” is my own work and the result of my own effort, is raised
on information collected, guidance given by my Industry mentor
AmritanshuParida (Research Associate)& faculty member.
The data gathered for the purpose of this report will not be made public and will be
kept confidential, except for academic purpose. All care has been taken to keep this
report error free and I sincerely regret for any unintended discrepancies that might
have crept into this report. I shall be highly obliged if errors (if any) be brought to
our attention.
Thank You.
Date: 13-06-2012 Rakesh
Place: FARIDABAD
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3. Acknowledgement
Any accomplishment requires the effort of many people and this work is no
different. I have been fortunate enough to get the help and guidance from many
people. It is a pleasure to acknowledge them though still it is inadequate
appreciation for their contribution.
I would not have completed this journey without the help, guidance and support of
certain people who acted as guides and friends along the way. I would like to
express my deepest and sincere thanks to our Industry mentor AmrutanshuParida
(Research Associate) for his invaluable guidance and help. The project could not
be complete without the support and guidance.
I am also thankful to all our coordinator and faculty member for cooperating with
us at every stage of the project. They acted as continuous source of inspiration and
motivated us throughout the duration of the project helping us a lot in completion
of this project.
Submitted with regards
Rakesh
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4. CONTENT
 INTRODUCTION 05-08
 TYPES OF INDUSTRIES 08-11
 REGISTRATION TYPE 11-15
 OBJECTIVE 16
 LITERATURE REVIEW 17
 RESEARCH METHODOLOGY 18
 FINDING 20
 QUESTIONAIRRE 21-23
 CONCLUSION 22
 REFRENCE 23
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5. INTRODUCTION
Dexter is a group of young professionals from varied backgrounds who
have come together to create a team working in multiple areas across
domains with an ever-increasing array of services. Within a short time,
Dexter has completed more than 150 projects and has setup branches at
Mumbai, Bangalore and NCR, apart from the headquarters at Ahmedabad.
With the average age of the core team at about 27, Dexter has now built
a panel of senior advisers and mentors whose experience and expertise in
their domains combines with our ability to execute and helps us design
and deliver on projects time and again.
It started as a one-room setup before 5 years without capital, clients or
experience. From there, Dexter now occupies more than 5800 sq. ft. of
office space across 4 cities and has aggressive plans of setting up bases in
many more locations in the next 2 years.
One of the key components at the heart of Dexter has been and remains
to be the philosophy of joint ownership and sharing of gains. We have
taken accountability to the extreme where even the founders’ stake in
the company can reduce if he/she doesn’t perform well.
With practices like 100% audio recording of interviews, 100% data
validation followed by 100% telephonic verification in place now, Dexter
has been trying to create practices and systems that assure authenticity
of data for each primary research we undertake.
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6. Having a lot of people with backgrounds in technology has also meant
that we have very easily leveraged technology for operational efficiencies
in planning and execution. This has allowed us at times to deliver work on
impossible deadlines. This has also allowed us to quickly challenge the
boundaries and constraints of conventional methods and ways, and come
out with innovations as a natural extension of projects.
With service offerings in 8 areas now, Dexter is quickly looking to
leverage its expertise and knowledge base across service areas, and
expand through diversifying, both horizontally and vertically.
Industrialization in Haryana
Haryana’s economy is largely dependent on agriculture. About 70% people
of the total population are engaged in farming. Wheat and rice are the
major crops grown in the state. Haryana is self-sufficient in food production
and the second largest contributor to India's central pool of food grains.
Haryana greatly contributed to the Green Revolution in India in the 1970s
as a result of which the country has become self-sufficient in food
production. Dairy farming is also an essential part of the rural economy.
Milk and milk products form an essential part of the local diet.
Rapid industrialization has been recorded in the state over the last two
decades. More than a thousand medium and large industries with a capital
investment of Rs.200 billion have been established in the state. These
include Maruti Udyog Limited, Escorts, Hero Honda, Alcatel, Sony India,
Whirlpool India and Bharti Telecom. Gurgaon and Faridabad have seen
emergence of an active information technology industry in the recent
years. In addition there are more than 80,000 small-scale industries in the
state which cumulatively bring in a substantial income for the state and its
people. Haryana is among the top rankers in the nation in the production
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7. of cars, motorcycles, tractors, sanitary ware, gas stoves and scientific
instruments.
UNIQUE REGISTRATION NUMBER (URN)
The URN is a 64-bit unique identifier contained in the memory
devices, or nodes, in which IEEE 1451.4 Transducer Electronic
Data Sheets (TEDS) data is stored. Because multiple nodes may
be arrayed in a multi-drop network format, to allow memory
capacity to be increased, or other functions to be added, the URN
allows a number of nodes to be individually accessed by the
system. It utilized to ensure unique access to IEEE 1451.4 TEDS
memory devices arranged in a multi-drop two conductor network
as described in IEEE Std 1451.4-2004.
The URN is the basis upon which node-addressable, digital
communication takes place, within the multi-drop architecture of
the IEEE 1451.4 mixed-mode interface. It contains an 8-bit family
code (FD) to identify the functions available in the node and the
command set to be used with the node. Each node must contain
a 64-bit URN to control access to the TEDS.
A serial number is a unique, identifying number or group of
numbers and letters assigned to an individual piece
of hardware or software. A serial number for a piece of software
is not usually the same as a product key but they are sometimes
used interchangeably.
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8. The Haryana govt. is going to merge all identifications of
companies Haryana Like TIN number,PAN number,excise number
etc.They are going to issue unique registration number to all
companies existing in Haryana.
Types of industries in Haryana
1- Proprietorship.
A business structure in which an individual and
his/her company are considered
a single entity for tax and liability purposes. A proprietorship
is a company which is not registered with the state as
a limited liability company or corporation. The owner does
not pay income tax separately for the company, but he/she
reports businessincome or losses on his/her
individual income tax return. The owner is inseparable from
the proprietorship, so he/she is liable for any business debts.
also called sole proprietorship.
2-Partnership
A partnership is an arrangement where parties agree to cooperate to
advance their mutual interests.[1]
Since humans are social beings, partnerships between
individuals, businesses, interest-based
organizations, schools, governments, and varied combinations thereof,
have always been and remain commonplace. In the most frequently
associated instance of the term, a partnership is formed between one or
more businesses in which partners (owners) co-labor to achieve and share
profits and losses (see business partners). Partnerships are also common
regardless of and among sectors. Non-profit, religious, and political
organizations, may partner together to increase the likelihood of each
achieving their mission and to amplify their reach. In what is usually called
an alliance, governments may partner to achieve their national interests,
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9. sometimes against allied governments who hold contrary interests, such as
occurred during World War II and the Cold War. In education, accrediting
agencies increasingly evaluate schools by the level and quality of their
partnerships with other schools and a variety of other entities across
societal sectors. Partnerships also occur at personal levels, such as when
two or more individuals agree to domicile together, while other partnerships
are not only personal but private, known only to the involved parties.
Partnerships present the involved parties with special challenges that must
be navigated unto agreement. Overarching goals, levels of give-and-take,
areas of responsibility, lines of authority andsuccession, how success is
evaluated and distributed, and often a variety of other factors must all be
negotiated. Once agreement is reached, the partnership is typically
enforceable by civil law, especially if well documented. Partners who wish
to make their agreement affirmatively explicit and enforceable typically
draw up Articles of Partnership. It is common for information about formally
partnered entities to be made public, such as through a press release, a
newspaper ad, or public records laws.
While partnerships stand to amplify mutual interests and success, some
are considered ethically problematic. When a politician, for example,
partners with a corporation to advance the corporation's interest in
exchange for some benefit, a conflict of interest results. Outcomes for
the public good may suffer. While technically legal in some jurisdictions,
such practice is broadly viewed negatively or as corruption.
Governmentally recognized partnerships may enjoy special benefits in tax
policies. Among developed countries, for example, business partnerships
are often favored over corporations in taxation policy, since dividend
taxes only occur on profits before they are distributed to the partners.
However, depending on the partnership structure and the jurisdiction in
which it operates, owners of a partnership may be exposed to
greater personal liability than they would as shareholders of a corporation.
In such countries, partnerships are often regulated via anti-trust laws, so as
to inhibitmonopolistic practices and foster free market competition.
Enforcement of the laws, however, is often widely variable. Domestic
partnerships recognized by governments typically enjoy tax benefits, as
well.
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10. 3-Private ltd.- In a private limited company, all the shares are
managed by a small number of people and their liability is limited
to the extent of each individual shared held by them.
Section 3 (1) (iii) defines a private company as one which—
1. has a minimum paid-up share capital of Rs.1 Lakh or such higher
capital as may be prescribed; and
2. by its Articles Association:
3. restricts the right of transfer of its share;
4. limits the number of its members to 50 which will not include:
1. members who are employees of the company; and
2. members who are ex-employees of the company and were
members while in such employment and who have continued to
be members after ceasing to be employees
5. prohibits any invitation to the public to subscribe for any shares or
debentures of the company; and
6. Prohibits any invitation or acceptance of deposits from persons other
than its members, directors or their relatives.
This goes to say that a private company, in addition to the earlier
conditions, shall have a minimum paid-up share capital of Rupees One
Lakh or such higher capital as may be prescribed and its Articles shall
prohibit invitation or acceptance of deposits from persons other than its
members, directors or their relatives. In case of such companies, public
interest is not involved.
The basic characteristics of a private company in terms of section 3(1)(iii)
of the Act do not get altered just because it is a subsidiary of a public
company in view of the fiction in terms of section 3(1)(iv)(c) of the Act that
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11. it is a public company. May be it is a public company in relation to other
provisions of the Act but not with reference to its basic characteristics. In
terms of that section, a company is a private company when its articles
restrict the right of transfer of shares, restricts its membership to 50
(other than employee’s shareholders) and prohibits invitation to public to
subscribe to its shares. Therefore, all the provisions in the articles to
maintain the basic characteristics of a private company in terms of that
section is restriction on the right to transfer and the same will apply even
if a private company is a subsidiary of a public company.
4-Incorporation (Inc.) is the forming of a new corporation (a corporation
being a legal entity that is effectively recognised as a person under the
law). The corporation may be a business, a non-profit organization, sports
club, or a government of a new city or town. This article focuses on the
process of incorporation;
Registration type-
1-S.S.I.- Defining small-scale industry is a difficult task because the
definition of small-scale industry varies from country to country and from
one time to the another in the same country depending upon the pattern
and stage of development, government policy and administrative set up of
the particular country.
Every country has set its own parameters in defining small-scale sector.
Generally, small-scale sector is defined in terms of investment ceilings on
the original value of the installed plant and machinery. But in the earlier
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12. times the definition was based on employment. In the Indian context, the
parameter are as follows.
The Fiscal Commission, Government of India, New Delhi, 1950, for the first
time defined a small-scale industry as, one which is operated mainly with
hired labour usually 10 to 50 hands.
Fixed capital investment in a unit has also been adopted as the other
criteria to make a distinction between small-scale and large-scale
industries. This limit is being continuously raised up wards by government.
The Small Scale Industries Board in 1955 defined, "Small-scale industry as
a unit employing less than 50 employees if using power and less than 100
employees if not using power and with a capital asset not exceeding Rs. 5
lakhs".
'The initial capital investment of Rs. 5 lakhs has been changed to Rs. 10
lakhs for sma industries and Rs. 15 lakhs for ancillaries in 1975. Again this
fixed capital investment limit was raised to Rs. 15 lakhs for small units and
Rs. 20 lakhs for ancillary units in 1980. The Government of India in 1985,
has further increased the investment limit to Rs. 35 lakhs for small-scale
units and 45 lakhs for ancillary units.
Again the new Industrial Policy in 1991, raised the investment ceilings in
plant an machinery to Rs. 60 lakhs for small-scale units and Rs. 75 lakhs for
ancillary units.
As per the Abid Hussain Committee's recommendations on small-scale
industry, the Government of India has, in March 1997 further raised
investment ceilings to Rs. 3 crores for small-scale and ancillary industries
and to Rs. 50 lakhs for tiny industry.
The new Policy Initiatives in 1999-2000 defined small-scale industry as a
unit engage in manufacturing, repairing, processing and preservation of
goods having investment in plant and machinery at an original cost not
exceeding Rs. 100 lakhs.
In case of tiny units, the cost limitation is up to Rs. 5 lakhs. Again, the
Government of India in its budget for 2007-08 has raised the investment
limit in plant and machinery of small-scale industries to 1.5 corers An
ancillary unit is one which is engaged or proposed to be engaged in the
manufacture c production of parts, components, sub-assemblies, tooling or
intermediaries or rendering services and the undertaking supplies or
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13. renders or proposes to supply or render not less than 50% of its production
or services, as the case may be, to one or more other Industries
undertakings and whose investment in fixed assets in plant and machinery
whether held on ownership terms or lease or on hire-purchase does not
exceed Rs. 75 lakhs.
For small-scale industries, the Planning Commission of India uses terms
'village an small-scale industries'. These include modern small-scale
industry and the traditional cottage and household industry.
2-MSME
Small and Medium Enterprises (SMEs) play a vital role for the
growth of Indian economy by contributing 45% of industrial
output, 40% of exports, employing 60 million people, create 1.3
million jobs every year and produce more than 8000 quality
products for the Indian and international markets. SME’s
Contribution towards GDP in 2011 was 17% which is expected to
increase to 22% by 2012. There are approximately 30 million
MSME Units in India and 12 million persons are expected to join
the workforce in the next 3 years. SMEs are the fountain head of
several innovations in manufacturing and service sectors, the
major link in the supply chain to corporate and the PSUs. By
promoting SMEs, the rural areas of India will be developed.
SMEs are now exposed to greater opportunities than ever for
expansion and diversification across the sectors. Indian market is
growing rapidly and Indian entrepreneurs are making remarkable
progress in various Industries like Manufacturing, Precision
Engineering Design, Food Processing, Pharmaceutical, Textile &
Garments, Retail, IT and ITES, Agro and Service sector.
Definition of MSMEs in India
Manufacturing Enterprises – Investment in
Plant & Machinery
Description INR USD($)
Micro upto Rs. 25Lakhs upto $ 62,500
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14. Enterprises
above Rs. 25 above $ 62,500 &
Small
Lakhs & upto Rs. upto $ 1.25
Enterprises
5 Crores million
above Rs. 5 above $ 1.25
Medium
Crores & upto Rs. million & upto $
Enterprises
10 Crores 2.5 million
Service Enterprises – Investment in
Equipments
Description INR USD($)
Micro
upto Rs. 10Lakhs upto $ 25,000
Enterprises
above Rs. 10
Small above $ 25,000 &
Lakhs & upto Rs.
Enterprises upto $ 0.5 million
2 Crores
above Rs. 2 above $ 0.5
Medium
Crores & upto Rs. million & upto $
Enterprises
5 Crores 1.5 million
3-SIA:
The Security Industry Authority (SIA) is the organisation responsible for
regulating the private security industry in the UK. It is a non-departmental
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15. public body reporting to the Home Secretary and was established in 2003
under the terms of the Private Security Industry Act 2001.
The SIA has two main duties. One is the compulsory licensing of
individuals undertaking designated activities within the private security
industry; the other is to manage a voluntary Approved Contractor Scheme,
which measures private security suppliers against independently assessed
criteria.
On 14 October 2010 the UK Government's Cabinet Office made an
announcement on the future of many public bodies. Its intention for the SIA
was stated as: 'Security Industry Authority - No Longer an NDPB -
Phased transition to new regulatory regime'. The exact nature of this
new regulatory regime is yet to be determined. In the meantime the existing
regulatory regime remains in place and existing laws will continue to be
enforced.
. One of the main duties of the SIA is the compulsory licensing of
individuals working in specific sectors of the private security industry.
Whether or not an individual requires a licence is determined by the role
that is performed and the activity that is undertaken. These are
described fully in Section 3 and Schedule 2 of the Private Security Industry
Act 2001 (as amended). It is a criminal offence to engage in licensable
conduct without a licence: if found guilty, the maximum penalty is six
months imprisonment and/or a fine of up to £5,000.
Types of SIA Licence
There are two types of SIA licence:
 A front line licence is required if undertaking licensable activity, other
than key holding activities (this also covers undertaking non-front line
activity). A front line licence is in the form of a credit card-sized plastic
card that must be worn, subject to the licence conditions.
 A non-front line licence is required for those who manage, supervise
and/or employ individuals who engage in licensable activity, as long as
front line activity is not carried out - this includes directors or partners. A
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16. non-front line licence is issued in the form of a letter that also covers key
holding activities.
Objective
1-To provide Unique registration number to companies in Haryana.
2-To estimate the av. electricity consumption by companies.
3-To estimate the requirement of land in Industrial areas in Faridabad.
4-To estimate % of companies connected with DHVBN virsues UHVBN
5-To reduce paper work for different industrial works.
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17. Literature Review
 The President under Notification dated 9th May 2007 has amended
the Government of India (Allocation of Business) Rules, 1961.
Pursuant to this amendment, Ministry of Agro and Rural Industries
(Krishi Evam Gramin Udyog Mantralaya) and Ministry of Small Scale
Industries (Laghu Udyog Mantralaya) have been merged into a single
Ministry, namely, “MINISTRY OF MICRO, SMALL AND MEDIUM
ENTERPRISES (SUKSHMA LAGHU AUR MADHYAM UDYAM
MANTRALAYA.
 Worldwide, the micro small and medium enterprises (MSMEs) have
been accepted as the engine of economic growth and for promoting
equitable development. The major advantage of the sector is its
employment potential at low capital cost. The labour intensity of the
MSME sector is much higher than that of the large enterprises.
 The MSMEs constitute over 90% of total enterprises in most of the
economies and are credited with generating the highest rates of employment
growth and account for a major share of industrial production and exports. In
India too, the MSMEs play a pivotal role in the overall industrial economy
of the country. In recent years the MSME sector has consistently registered
higher growth rate compared to the overall industrial sector. With its agility
and dynamism, the sector has shown admirable innovativeness and
adaptability to survive the recent economic downturn and recession. As per
available statistics (4th Census of MSME Sector), this sector employs an
estimated 59.7 million persons spread over 26.1 million enterprises. It is
estimated that in terms of value, MSME sector accounts for about 45% of
the manufacturing output and around 40% of the total export of the country.
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18.  The Government of Haryana proposes to undertake a fresh survey of
industrial units established and operating in the State as it has become
imperative to understand the dynamics of MSME Sector in the background
of new parameters fixed under the provisions of MSME Development Act,
2006. It is simultaneously intended to create a database of the number of
existing and operating industrial units along with those in the process of
being established.
-: RESEARCH METHODOLOGY:-
Nature of research
Since source of primary data is available. It was decided that the analysis had to be
primary research, collected directly from the field. This is a primary research .
Sample Area: Industrial areas of Faridabad
Data collection: Data collected directly from field
Software used: MS word.,MS excel.
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19. Findings
First I have to collected data of the region
Assess relationships such as manufacturing and srvice.
Model events such as impact of registration
Improve workflow processes, from data gathering and analysis to
publication and distribution of findings.
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20. DIRECTORATE OF INDUSTRIES & COMMERCE
Interviewer’s Name:
Supervisor Name:_______________________________________
__________________________________________
Inward taken by: ___________________Inward
Survey Date: __________________Validation Date:_________
Date: ______________
Form Validated by:
______________________________________________ Validation Comments: __________________________________
Verified by: 1.________________ ____________________________________________________________
2.___________________
Verification Date 1.________________
Verification Comments 1.________________ 2.__________
2.___________________
Allotted Unique Registration Number H R
BASIC PARTICULARS
Name of the
Firm/Company
Type or Nature of the Proprietorship 0 Partnership 0 Pvt. Ltd/Ltd. 0 Any Other
Firm/Company __________________________
Plot/Unit No.
Location/ Address of the
Area/Locality
Manufacturing
Facility/Unit City/Town/Vil
lage
Bloc Distr
k ict
Name of Authorized/Competent
Respondent & Designation
Contact No. E-Mail
(Mobile/Phone) ID
Classification of Area/Location (Please ) Industry Category (Please )
Urban 0 Rural 0 Manufacturing0 Service0
Date of Commencement of Commercial
Production
(If exact date is not known,mention
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21. Does your unit have a credit rating? Is the Unit Self-Financed or loan has been availed?
Yes 0 No 0 Don’t Know/Can’t Say 0 Self Financed 0 Loan Availed 0
Term Loan Outstanding as on 31-03-2011?
Status on Term Loan? Regular 0 In Default 0 N.A. 0
Rs.
month/year)
Any
MSME
SSI 0 SIA 0 Other____________________________________
Are you registered 0
__________
with any of the
mentioned bodies? Registration No.
_____________________________________________________________________________
_________
Area of Land available under the Unit Built-up Area
__________________ sq.mtr ______________________________
_ sq.mtr
Whether allotted an Ind. Plot in HSIIDC/HUDA developed Ind. Estate or
purchased/Own land outside the same (Pl. )
HSIIDC/HUDA/Ind. Dept. Estate 0
Conforming Area 0 Non-
Outside Controlled Area 0
Conforming Area 0
Within Controlled Area and on CLU Basis 0 Not
Not Aware 0
Aware 0
Units Located in Land which is
Self-Owned 0 Hired on Lease Basis 0
(Please )
CREDIT STATUS & SUBSIDY
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22. ___________________________________________________________
Working Capital Loan Sanctioned as on 31-03-
2011? Working Capital Loan Availed as on 31-03-2011?
Rs. Rs. _____________________________________________________________
_____________________________________________________________
Amount of Subsidy Availed from Government, if any?
Any other Rs. _________________
Capital Rs. Gen Set Rs. Freight Rs.
_________________________________
____________________ ____________________ ____________________
Financial Assistance availed from the state in the form of “Interest-Free
Yes 0 No 0
Loan”
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23. EMPLOYMENT GENERATION
Details Male Female Total
Direct (on the rolls of unit)
Indirect (Through
Outsourcing/Contract Labour),
etc
Total Employment Generated
TAX REGISTRATION DETAILS
TIN CST
Service
PAN
Tax
Any
EXCISE
Other
ENERGY SOURCING DETAILS
Connected for Electricity Supply
with: Do you have any power back-up
UHBVN 0 DHBVN 0 No Connection facilities? Yes 0 No 0
0
Sanctioned Load( in KVA): If Yes, Capacity of Gen-set Installed?
_____________________________ (in KVA) _________________
Connected Load: (in KVA): Type of Fuel? Diesel 0 Gas 0 Others
_______________________________ (Pl. Specify_____________)
Any preference for natural gas Yes 0 No 0 Don’t
linkage? Know/Can’t Say 0
PRODUCTS MANUFACTURED/SERVICES OFFERED AS ON 31.03.2011
3. Items/Products Installed Average Selling Rate
Manufactured/Service Capacity (in Rs.)
i). _____________________ ____________________________
____________________________________ ____________ _________________
__________________
_____________________ ____________________________
ii)._________________________________ _____________ _________________
_____________________
CAPITAL INVESTMENT
Any expansion done If Yes, Yr. of Expansion: ________, Increase in
in last 3 Years? Yes 0 Capacity (in %):_______
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24. No 0
Initial Capital Rs.
Investment(on _____________________________________
Machinery & Equipment) _______________
Details Phase-I Expansion
of
Capital
Invest Cumula Cumula
ment tive till 200 2009 2010- 2008- 2009 2010- tive till
made 2007- 8- 2010-
-10 11 09 -10 11
as per 08 09 11
Origina
l Book
Value
Land
Buildin
g
Machin
ery &
Equipm
ent
Others
TOTAL
Categor
y of the
unit Micro 0 Small 0 Medium 0 Large 0
(Please
)
NEED & PLANS FOR EXPANSION
Any Need & Plans for Yes 0 No 0 Don’t Know/Can’t
Expansion? Say 0
If Yes, would you like to be If Yes, How much land (in sq. mtr):
allotted land in a Developed ______________________________
Industrial Estate? Yes 0 No Possible Locations:
0 _________________________________________________
TURNOVER & CAPACITY
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25. Financial Year 2008-09 2009-10 2010-11
Value of Turn Over (in Rs.)
Value of Exports, if any (in
Rs.)
Installed Capacity/Value of
Services
Capacity Utilization (%)
Profit Making 0 Incurring
Profit/Loss Status
Loss 0
Do you have any other
company apart from this Yes 0 No If Yes, No of Companies
one? (Any Sister 0 ___________________________________
Concern/Subsidiaries)
Following are the main limitations of Marketing Research:
 Marketing Research (MR) is not an exact science though it uses
the techniques of science. Thus, the results and conclusions
drawn upon by using MR are not very accurate.
 The results of MR are very vague as MR is carried out on
consumers, suppliers, intermediaries, etc. who are humans.
Humans have a tendency to behave artificially when they know
that they are being observed. Thus, the consumers and
respondents upon whom the research is carried behave artificially
when they are aware that their attitudes, beliefs, views, etc are
being observed.
 MR is not a complete solution to any marketing issue as there are
many dominant variables between research conclusions and
market response.
 MR is not free from bias. The research conclusions cannot be
verified. The reproduction of the same project on the same class
of respondents give different research results.
 Inappropriate training to researchers can lead to misapprehension
of questions to be asked for data collection.
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26.  Many business executives and researchers have ambiguity about
the research problem and it’s objectives. They have limited
experience of the notion of the decision-making process. This
leads to carelessness in research and researchers are not able to
do anything real.
 There is less interaction between the MR department and the main
research executives. The research department is in segregation.
This all makes research ineffective.
 MR faces time constraint. The firms are required to maintain a
balance between the requirement for having a broader perspective
of customer needs and the need for quick decision making so as
to have competitive advantage.
 Huge cost is involved in MR as collection and processing of data
can be costly. Many firms do not have the proficiency to carry wide
surveys for collecting primary data, and might not also able to hire
specialized market experts and research agencies to collect
primary data. Thus, in that case, they go for obtaining secondary
data that is cheaper to obtain.
 MR is conducted in open marketplace where numerous variables
act on research settings.
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27. Limitations of the research:
1-As we know that people in India are narrow minded.They do not have faith in
people.so that ,they are not ready to fill questionnaire or share the data of their
company.They use to relate us with income tax department.
2-Many times,during visit to the company,we could not meet the concern person so
that we could collect data.
3-The different departments in a company is also a problem for data collection
because we have to go through different departments.
4-Some times they use to give false data,that directly affect the project work.
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28. Chart Title
Manufacturing company Service company total respondant
45%
50%
5%
In sector-6 of Faridabad,total visits for filling questionarre are 167 and total respondant were 50
%,in which 45% are manufacturing company and 5% are service company
~ 28 ~

29. ~ 29 ~

30. ~ 30 ~