Suggestions
Suggestions
1. The overall data across the background characteristic categories show that across the
background categories the preference for Cadbury chocolate and milk products is better than
Nestle.
2. Most respondents would purchase both Chocolate and Milk products of Cadbury for its
Taste and that of Nestle for its price.
3. It can be seen that more percentage of respondents has seen the advertisement of both
Cadbury and Nestle products.
4. Both companies have been using the promotion media to enhance the readi of their
message to the target audience.
5. The overall effectiveness of the Cadbury products has been rated higher than that of Nestle
products.
6. It is observed that for Chocolate and Milk products of Cadbury as well as Nestle, most of
the respondents take festive season or mood and Word of mouth communication respectively
as more important factors affecting their buying individually. Whereas packaging as a factor
affects the decisions for both the products in Cadbury.
7. It can be seen that across all the predefined background characteristic categories, more
percentage of respondents are satisfied with the availability of quantities or Size of Milk
products and Chocolate of Cadbury as well as Nestle.
8. It can be observed that most percentage of respondents are satisfied by the packaging of
Chocolate and Milk products of both Cadbury as well as Nestle.
9. Most percentage of respondents believes that there is a difference in Milk products and
Chocolate available in India & Other Countries of Cadbury & Nestle.
10. Most of the respondents buy Chocolate and Milk products from Regular retail shops,
Medical stores and Super markets, whereas most of them do not buy from Special stores like;
Customs shop or a Dollar shop.
11. It is observed that Pastries seem to be the nearest substitute of the chocolate and milk
products as most percentage of respondents across all the categories shows the readiness for
the same.
12. Most percentage of respondents believes that there exists a significant price difference
between the products of Cadbury and Nestle and that Cadbury has more prices than Nestle
although it is not justified.
13. It is seen that most of the respondents believe that they have not been disappointed by any
brand of Cadbury or Nestle.
14. Respondents have not been found to attach much importance to the brand ambassadors of
these companies. However Cadbury does more advertising of its products and has an
advantage of brand ambassador over Nestle.
15. It is observed respondents strongly believe that chocolates and milk products increase
weight and are not sufficient to substitute normal food requirements in routine. However,
respondents disagree with the beliefs that chocolate and milk products lead to heart disease
and that they are not good for overall health.
16. Traditional sweets can and do easily override customer purchase of Chocolate and Milk
products. 17. It can be seen that most respondents would contact the dealer for resolving their
complaints for both the products.
18. Most of the respondents are unaware of the existence of a sound customer complaint
handling system in any of these companies.
19. Respondents across various background categories believe that Cadbury has a leading
advantage over Nestle for its products.
20. Most of the respondents are of the opinion that Nestle should improve its brand image,
launch new promotion schemes and improve quality to increase its market share. A
significant amount of respondents also give importance to concentration on distribution and
having better advertising appeal and message for the same.
22. It is observed that according to most of the dealers, the demand for Cadbury products is
more among customers. On the other hand, dealers also prefer Cadbury products for their
family use.
CONCLUSION
Our group survey and research on Nestl Company in this Management Principles
assignment has definitely benefit us of the advantages and knowledge. Nestle is the largest
company which is in the worlds leading food manufacturer and the market leader in both
coffee and mineral water, produces a wide range of products including prepared dishes and
cooking
aids,
milk-based
products,
cereals,
instant
coffee
and
baby
foods.
Although Nestle company has achieved their mission and objectives, Besides, after we know
the theories of Microeconomic and Macroeconomic, we know that some of the theories can
apply in our real life such as law of demand. According to the law of demand, when the price
of the product falls, the quantity demand of the product will increase, vice versa. In real life,
customers will prefer to purchase the product which is the lowest price rather than highest
price. However, most of people are poor economic capacity, so they cannot purchase the
product. Therefore, the sellers decrease the price of product, same as other company product
such as VICO and other else. With this condition, it gives more choice to the consumer to
choose their goods. There are some theories of Microeconomic and Macroeconomic are
suitable to apply in our real life. According to the law of supply, other things equal, the
quantity supplied will vary directly with the price of the good. In Kampar, there are many
supplies and the average price is RM18.80 and in Teluk Intan, there are few supplies and the
average price is RM17.65. It is because the factors are supplier input prices and prices of
related products. On the other hands, there are some theories of Microeconomic and
Macroeconomic that should differentiate on the market structure. Like Nestl Company, it is
a monopolistic competition in...
Besides, Nestle is a organic model of organizational design. It is flexible and highly adaptive
to the competitive external environment and also decentralized decision authority.