Practice School Project On modern communication broadcast system

Practice School Project On modern communication broadcast system Pvt, ltd. Submitted to: Institute Code: - 832 Oakbrook Business School Offered By: Gujarat Technological University Ahmedabad

Company profile company name: - class of company: - MODERN COMMUNICATION AND BROADCAST SYSTEM PRIVATE LIMITED private Date of incorporation: - 25 July 1985 founder name: - ASHISH GYANCHAND JAIN registration Address: - 17 Vasuma Banglosvastrapur Ahmedabad GJ 380015 IN registration number: 7980

Introduction MCBS company is a private incorporated on 25 July 1985. its authorized share 50, 000 and its paid up capital is RS 3, 980, 248. MCBS is a leading manufacturer and technology solution provider for Set Top Box (STB) for CATV, SATCOM/ DTH and GSM based interactive applications. STB designed and manufactured using a variety of chipsets of world renowned companies namely ST, ALI, Mstar, National tec.

Quantitative analysis-II Transportation problem They are four methods to solve transportation problem as followed Ø North west corner method Ø Vogel approximation method Ø Least-Cost method In modern communication and broadcast system Privet limited company giving data we calculate transportation problem use Vogel approximation method. City/Product Setup Box Antenna DTH Supply Ahmedabad 6 8 10 150 Gandhinagar 7 11 11 175 Rajkot 4 5 12 275 Demand 200 100 300

City/Product Setup Box Antenna DTH Supply Ahmedabad 0 0 1 1 Gandhinagar 1 0 0 1 Rajkot 1 1 Demand 1 1 1 Total Cost = 1500+1225+100+500+1800 = 5125 Interoperation ØIn the transportation problem solve with use of excel. ØThe demand supply of products are different so company arise the problem which route his products from his plant to market places so that total cost involved in the transportation is minimized. ØIn solve problem Vogel method so find the initial feasible solution total cost is 5125 which is minimum transportation cost when company select demand Supple of products in Ahmedabad 150 units of DTH, Gandhinagar 175 units of setup box and Rajkot 25 units of setup box , 100 units of antenna, 150 units of DTH.

Management information system Information on IT Infrastructure: The Hardware and Software which is being use in this company are as follows. Ø Hardware – Ø They have four computer, two is manufacturing plant and two is manager office ØTwo printers and one scanners in the main office. Now about software - 1. They are using Windows 7 Professional 2. Intel Pentium CPU @ G 2010 2. 80 GHz 3. RAM - 4. 00 GB 4. System Type - 64 Bit Operating System 5. Speed is 4 mps Ø Network – As it is a small plant they are using wired Local Area Network. Ø Ø Network Provider Tata sky is internet provider of MCBS and is use wired in the company.

Understanding Information System: v Finance department uses Tally ERP 9 accounting software for maintaining the accounts, making salary slips and all. v Now, the Production and HR both the department uses only MS office to maintain their database. Drives of computer are connected with each other by sharing function to work properly and efficiently.

Marketing Management 4 P's of marketing 1) Product Ø product varies Set up box Antenna DTH Ø Brand name Such they are produces Tata sky, Videocon set top box, GTPL, CCTV camera, antenna 2) Price list The MCBS have different types of price list for the customer want. They have also provided all range of set top box, antenna, CCTV camera and its price list also provide to the customer. Ø Discount They have also in some festival and any promotional activity at that time offer of discount to the customer Ø Credit term MMCBS has to give 5 months of credit term to the customer and also some condition or offer of the customer such as if customer have during the 1 month to 2 month payment so 20 % discount given to the customer if 3 to 4 month so 10 % discount offer Ø

3)Place Ø Channel MCBS direct product provide to the customer there is no inter midday to the distribution for that Ø Location It means that where the company situated and also branches included and also easily get raw material, all kind of labor, transportation cost is minimum, business has easy to set of that area Address: SF-11, B-Wing, Maradia Plaza, Chimanlal Girdharlal Rd, Navrangpura, Ellisbridge, Ahmedabad, Gujarat 380009 Ø Inventory MCBS has own lowdown to carry for the raw material to store in that storage area. 4)Promotion Ø Public relation MCBS has maintained the good relation with other who has customer such as Tata sky set top box, Videocon etc. So that they have longer period of time to receive there order for the maintain the relation. Ø Direct marketing For the time sale the product at that time they have direct sale product to the customer.

Human Resource management Performance appraisal method � � Traditional Methods: - It is the oldest method of performance appraisal and it means that it is a technique and method of measure the performance of employee. Ranking Method: - It is the oldest and simplest formal systematic method of performance appraisal in which employee is compared with all others for the purpose of placing order of worth. Grading Method: - There can be three categories established for employees: outstanding, satisfactory and unsatisfactory. Forced-Choice Method: - It contains a series of groups of statements, and ratter rates how effectively a statement describes each individual being evaluated. Modern Methods � Management by Objectives (MBO): - process whereby the superior and subordinate managers of an organization jointly identify its common goals, define each individual’s major areas of responsibility in terms of results expected of him and use these measures as guides for operating the unit and assessing the contribution of each its members

� � � Behaviorally Anchored Rating Scales(BARS): - It combines the benefits of narratives, critical incidents, and quan tified ratings by anchoring a quantified scale with specific behavioural examples of good or poor performance. The proponents of BARS claim that it offers better and more equitable appraisals than do the other techniques of performance appraisal. 360 – Degree Appraisal: - This method for appraising the performance of their employees. This feedback based method is generally used for ascertaining training and development requirements, rather than for pay increases. Cost Accounting Method: - This method evaluates an employee’s performance from the monetary benefits the employee yields to his/her organization.

Cost and Management Accounting Cost control The process of cost control is completed when the specified target is achieved. � Cost control method Activity Based Management (ABM) Activity based management is the use of activity based costing to improve operations and to eliminate non-value added cost. The main goal of ABM is to identify and eliminate non-value added activities and costs. Life Cycle Costing Life cycle costing estimates and accumulates costs over a product's entire life cycle in Order to determine whether the profits earned during the manufacturing phase will cover the costs incurred during the pre-and-post manufacturing stage. � Cost Reduction The process of cost reduction has no visible end as it is a continuous process that targets for eliminating wasteful expenses Cost Reduction which is permanent

Cost reduction method Just-In-Time (JIT) System The main aim of JIT is to produce the required items, at the required quality and quantity, at the precise time they are required. JIT purchasing requires for the items where too much carrying costs associated with holding high inventory levels. Purchasing system reduces the investment in inventories because of frequent order of small quantities. Cost of material consumed = last year usage – current year usage = 6055. 01 -4037. 30 = 2017. 71 So we can say that the cost of material is reduce the 2017. 71 for the cost reduction of material consumed durining the year. Purchase of stock in trade = last year purchase stock – current year purchase stock = 5, 962. 14 – 3991. 93 = 1970. 21 So for the above calculation we can understand the purchase of stock in trade reduce as compare to last for the help of cost reduction method.

Production and operation Management Location of the plant: � � � GIDC offers on shelf availability of industrial land with quality infrastructure GIDC follows a simple and transparent allotment procedure GIDC offers reasonable allotment price with soft repayment options GIDC provides social and commercial infrastructure like Housing, Schools, Banks, Post Office, Dispensaries etc. in major estates GIDC has promoted sector specific estates for IT, BT, electronics, apparels, chemicals, engineering, brass parts etc. Type of production process: - Batch production process : - This process is adopted when batches or lots of items are to be produced using the same set of machines in same sequence. � Lower start-up costs- machinery required for batch production is often cheaper than the complex, mass-scale equipment required to carry out flow production. � More motivating to staff- they will experience better job satisfaction as the working environment will be changing. Quality: - � In plant they give worker training and education so that they easily work in new machine effectively and efficiently which reduce wastage and improve quality of the product. � The technological reasons the production cost and quality are improve.

Layout of the plant: -

Material handling Equipment: � � � Hand truck Lift and turn table Cartons and bags Selective pallet rack Bar code Inventory control: � In the manufacturing plant they have fire safety equipment so during any emergency they secured inventory. � In plant they have security camera so the any protect against theft. � In the MCBS Company every material enter the plant and every material out the plant the security officer are note in the register so the material theft are chance is low.

Financial Management working capital Particulars Amount (RS. ) CURRENT ASSETS Current investment 2359. 20 Bills Receivables 2838. 52 Cash 2676. 10 Short term Loans & advances 10532. 68 Others currents assets 177. 10 (A) Total current assets 18608. 80 CURRENT LIABLITIES Short-term borrowings 4312. 21 Bills Payable 1164. 84 Other liabilities 2516. 73 Short-term Provisions 67. 02 (B) Total current Liabilities 8060. 82 (A-B) 10547. 98

Conclusion: � � The study on working capital management conducted in modern communication broadcast Pvt. Ltd. Analyses the financial position of the company. The company financial position is analysed by using the tool of annual reports from 2014 -15 to 2015 -16. The financial status of modern communication broadcast system Pvt. Ltd. Is good. In the last years the company current assets are more than current liabilities which so that the company operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses

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