INDRUSTRIAL VISIT IN PARLE

contents of report
 Introduction of report
 Description of report
 objective of parle
 Organizational structure
 Layout of the organization
 Usage of information technology
 Management function
 Legal aspects
 Accounting method
 INTRODUCTION

IN 1929 a small company by the name of Parle products

emerged in British dominated India. A small factory was setup
in the suburbs of Mumbai to manufacture sweets and toffees. A
decade later it was upgraded to manufacture biscuit as well.
Parle products has been
India largest manufacture of biscuit and confectionary .the
company is makers of world largest selling biscuit PARLE-G and
host of other very popular brands like KRAKJACK,MONACO etc.
SINCE 1971 with a 40% a
share of the total biscuit market and 15% share of the total
confectionary market in India.
Apart from the
factories in Mumbai and Bangalore Parle also has factories in
Bahadurgarh in Haryana and Neemrana in Rajsthan Parle
product has 7 manufacturing units and 51 units on contract
.and Parle –G biscuit share 70% on glucose biscuit of India.
Mainly in
Bahadurgarh Parle plant manufactured biscuit include PARLE-
G,MONACO,KRAKJACK and chips.
PUNCHLINE OF PARLE
 SWAD BHARE SHAKTI BHARE (OLD)
 PARLE-G,G MEANS GINIUS (NEW)

QUALITY
The Parle name symbolize quality nutrition and great taste
.hygiene is precursor to every process at Parle from husking the
wheat and melting the sugar to delivering final products to the
supermarket and store shelves nationwide,Care is taken every
step to ensure the best product to long lasting freshness. Every
batch of biscuit and confectionery are thoroughly checked by
expert staff. Using the most modern quality equipment hence
ensuring the same perfect quality across the nation and abroad.

PRODUCT MANUFACTURED
 PARLE-G-: 

Filled with the goodness of milk and wheat, Parle G

is a source of strength for both body and mind.
Treat yourself to a packet of Parle-G to experience
what has nurtured and strengthened the minds of
millions of genius Indians for over 65 years. It’s the
Largest selling Biscuit Brand in the world.   
 
Ingredients :
Wheat Flour, Sugar, Partially Hydrogenated Edible
Vegetable Oils, Invert Syrup*, Leavening Agents
[ 503 ( ii ), 500 ( ii ) ], Salt, Milk Solids, Emulsifiers
[ 322 or 471 & 481 ( i ) ] and Dough Conditioners
[ 223 ]. Contains Added Flavors (Artificial).* (d -
Glucose, Laevulose)
Pack Sizes available:
16.5G, 38.5G, 60.5G, 82.5G, 99G, 209G,
313.5G, 418G, 825G 
 
 KRAKJACK:-
A little sweet and a little salty crafted in such
a delicate and delicious balance, you can
never get enough of it. Have it anytime you
like with anything you like.
 
Ingredient list:
Wheat Flour, Sugar, Edible Vegetable Oil,
Partially Hydrogenated Edible Vegetable Oils,
Leavening Agents [ 503 ( ii ), 500 ( ii ), 341
( i ) ], Invert Syrup, Salt, Yeast, Emulsifiers
[ 322 or 471 & E 481 ( i ) ], Acid Regulators
[ 270, 296 ], Milk Solids, Dough Conditioners [
223 ] and Improver [ Amylases & other
Enzymes]. Contains Added Flavours
(Artificial).
 
Pack Sizes available:
75G, 170G, 240G 
  MAGIX -:   Imagine a biscuit with the
goodness of a health biscuit and fun of rich
cocoa and crunchy cashews. Magix is an
eclectic mix of taste and health. Brimming
with 7 vital vitamins and 2 minerals, there’s
 no way that moms can refuse to let you have
something that is crunchy, healthy and tasty. 
  MONACO-:

Share the company of great taste anytime,

anywhere with Monaco. A light crispy biscuit
sprinkled with salt, Monaco adds a namkeen twist
to life’s ordinary moments.
 
Ingredient list:
Wheat Flour, Edible Vegetable Oil, Partially
Hydrogenated Edible Vegetable Oils, Sugar,
Leavening Agents [ 503 ( ii ), 500 ( ii ), 341 ( i ) ],
Invert Syrup, Salt, Yeast, Acid Regulators [ 270, 296
], Emulsifiers [ 322 or 471 & 481( i ) ], Dough
Conditioners [ 223 ] and Improver [ Amylases &
other Enzymes ]. Contains Added flavour
(artificial).
 
Pack Sizes available:
75 G, 120 G, 240 G
   PARLE KREAM -: Orange: Tickle your senses
with Parle Orange Kream – The tangy orange
cream between two scrumptious biscuits makes for
a real treat. 
Age no bar!

Ingredient list:
Wheat Flour, Sugar, Partially
Hydrogenated Edible Vegetable Oils,
Invert Syrup, Milk Solids, Salt, Leavening
Agents [ 503 ( Ii ), 500 ( Ii ) ], Emulsifiers [
322 or 471 & 481 ( i ) ] and Dough
Conditioners [ 223 ]. Contains Permitted
Synthetic Food Colour [ 110 ] and Added
Flavours ( artificial ).
  HIDE AND SEEK-: 

The ingredients that go into

making this prized cookie are a
well-guarded secret. What is the
effect it has on those who eat it. A
cookie with a reputation for
romance. Indulge in the sinful
taste of Milano and everything
that follows it.
 
Pack Sizes available:
 25 G, 62 G, 100 G, 200 G
 
 

Grab Your Sweets:

 KISMI TOFFEE -:

It’s everything that the Kismi Toffee Bar is,

only smaller. Wrapped in the distinct
flavour of elaichi (cardamom) this toffee is
sure to send your sweet tooth on a joyride.
 
Ingredients :
Sugar, Liquid Glucose, Partially
Hydrogenated Edible Vegetable Oils, Milk
Solids, Starch, Salt and Emulsifier ( 322 )
Contains added flavour     (artificial) 

  MAZELO -: Fruits are more fun with

Mazelo. As the name suggests, Mazelo is
filled with exciting fruit flavor, which
comes out with every roll of your tongue.

Ingredients: Sugar, Liquid
Glucose, Acidulant (E270) 
 

  POPPINS -:

Give the orange to a friend and the

mango to a stranger. Or try the lemon
for a neighbour and the strawberry for
a teacher. Give the black currant to the
school bus driver and the pineapple to
anyone else you please. With so many
flavours in each pack of Poppins, you
will have only one thing to say to
everyone you meet; "Doon Kya".
 
Ingredients :
Sugar, Liquid Glucose, Acidulants [ 296 ]
& Starch. Contains Permitted Synthetic
Food Colours [ E 110, E 102, E 133, E
122, E 124, E 127 ] and Added Flavours
[Artificial]. 
 
 
 
Snacks:-
  
MUSST BITES-:  Available in
mouthwatering Garden Spices, sweet
and sour Tangy Tomato, tantalizing
Chatpata Chat and heavenly garden
spices, you are going to have a hard
time deciding which one you want for
yourself.
And remember what we told you. If it’s
not your pack, don’t even think of
reaching for it or you might be in for a
“bite” of a surprise.

Ingredient list:
Wheat Flour, Edible Vegetable Oil,
Cheese, Partially Hydrogenated
Edible Vegetable Oils, Seasoning,
Sugar, Salt, Gram Flour, Potato
Flour, Yeast, Leavening Agents
[ 503 ( ii ), 500 ( ii ), 341 ( i ) ],
Invert Syrup, Spices &
Condiments, Acid Regulators
[ 270, 296 ], Emulsifiers [ 322 or
471 & 481( i ) ],Dough
Conditioners ( 223 ), Improver
[ Amylases & Other Enzymes ] and
Antioxidants [ 319 & 320 ].
Contains added flavour
(artificial). 
 Organizational structure

Apart from the original factory in Mumbai, Parle has

manufacturing facilities
mother units of parle
at Neemrana(Rajasthan), Bangalore(Karnataka), Kutch
(Gujarat), Khopoli (Maharashtra), Pantnagar
(Uttarakhand), Sitarganj (Uttarakhand)
and Bahadurgarh (Haryana). Bahadurgarh( Haryana) and
Pantnagar(Uttarakhand) plant are one of the largest
manufacturing plants of Parle in India. It deploys large
scale automation for manufacturing of quality biscuits. It
also has several manufacturing units on contract.
 Layout of the organization

Usage of information technology

Parle use to done maximam of its work by machines and
computer .parle is much more dependent on the machine and
technology . the whole manufacturing process of parle is done
by the machines and robots.
Mixing

This is a process where all ingredients are put

together in right proportion for doughf o r m a t i o n .
These ingredients are then fed into mixers
w h e r e m i x i n g i s d o n e a n d d o u g h i s  prepared for
moulding to cutting or ingredients are flour, fat, sugar and
othersas per the product one would like to have.

moduling

In this section we laminate the dough into sheet,

which then passes down togauge rollers, and sheet
thickness is achieved for moulder2cutter. =ere we
have a cutter or moulder as per the variety where one
gets the shape and sides of biscuits.

Baking

This is the area where we pass these moulded wet

biscuit into baking oven. The biscuits are baked
on desired temperatures. Harious type of heating
are available now days as per the convenience and cost.
different type ovens are available.
 Management function
Marketing function
 Parle has nearly 1500 wholesailor,catering 4,25,000 retail
outlet directly or indirectly.

 A 200 strong dedicated field force services these

wholesailor and retailers.

 Additionaly,there are 31 deports and C&F ajents supplying

goods and wide distribution.
 Starting its operations in 1929 with just 12 People,
Parle Company has come a long way in the last 8
decades. It has emerged as the largest
biscuit brand globally. To reposition itself and drive a
fresh campaign Parle has roped in earlier famous
writer – lyricist Javed Akhtar for the campaign “Bharat
ka apna Biscuit”. With this repositioning Parle is eying
on increasing its market share in premium segment
biscuits from current 15 % to 20 % in the year 2017-
2018.
 Not only that, Parle has recently come up with a
campaign which wants to highlight the many different
types of biscuits which Parle manufactures. The
reason for this campaign was that Parle as a mother
brand was getting weaker as compared to the brands
of its individual products such as Krackjack, 20-20,
etc. Thus, Parle has a keen sight on the goal and it
 can surely achieve the same because of the
fantastic productportfolio that it has.

Segmentation, targeting, positioning in the Marketing

strategy of Parle –
Segmentation is the process of defining the characteristics
of the subdivision of a population or the market. Parle
uses psychographic and demographic segmentation
strategies to understand the different set customers and
their respective needs. Demographic segmentation is
majorly used for standard range of biscuits which have to
be distributed far and wide. Psychographic segmentation
is used for premium range of biscuits such as Milano
targeted towards the SEC A and SEC B classes.

It’s customer targeting process both differentiating and

undifferentiated segmentation strategies depending on the
kind of product. Like it has Parle –G which is a product for
customers of all group and income while it has premium
biscuits brand also meant for middle/upper-middle income
customers.

Parle has repositioned itself as a value based brand

offering biscuits which have Indian origin and is known for
creating memories.

HUMAN RESOURCE MANAGEMENT OF PARLE

BISCUIT PRIVATE LIMITED
Parle Products Pvt. Ltd. engages in the manufacture and
marketing of biscuits andconfectionaries. It offers glucose, milk,
sweet and salted cream, wafer crème, cumin seed, andcheese
biscuits; chocolate, mint, cola, and tropical fruit flavored toffees
and candies; and snacks.The company offers its products in
India, the Middle East, Africa, South East Asia, the
UnitedStates, the United Kingdom, Canada, Australia, and New
Zealand. Parle Products Pvt. Ltd. wasfounded in 1929 and is
based in Mumbai, India.Parle Products Ltd. entered the snack
market with the launch of Musst Chips and Musst Stix
inMaharashtra. It is selling these two new products at price
points of INR 10 and INR 5 but givingmore quantity as
compared to competition. The company has set up a unit in
Nashik formanufacturing the new brands. It intends to promote
these two products by extending itsdistribution network.Parle
Products Private Limited announced that it has launched new
product-Parle 20-20. Parle'snew 20-20 cookies promised to be a
combination of crunch and scrumptious delicacy. Thissummer
experience the richness in taste with Parle's brand new 20-20
cookies. Each biscuit is baked to perfection and comes in two
variants-Butter & Cashew Butter. Consumers especiallythe
young adults are looking for a tastier and crunchier variety of
cookies than ever before. Parle20-20 cookies are aimed towards
young adults-the 'now' generation. This is the generation
thatwants to live right now, and is in a hurry to cram a medley of
experiences into life. The nowmantra of the day is 'instant
gratification' which 20-20 delivers without compensating on
qualityor taste.Parle Ltd. has decided to unveil butter and
cashew cookies under the 20:20 brand. The new 20:20 brand
would have the baseline Choice of Champions.
Financial management
 A sample organization chart emphasizing the finance
function. The finance function is usually headed by a
vice president of finance, or chief financial
officer  (CFO), who reports to the president.
In some corporations the CFO may also be a member of
the board of directors. In addition to overseeing the
accounting, treasury, tax, and audit functions, today’s CFO
often has responsibility for strategic planning, monitoring
and trading foreign currencies, managing the risk from
volatile interest rates, and monitoring production and
inventory levels.
 A sample organization chart emphasizing the finance
function. The finance function is usually headed by a vice
president of finance, or chief financial officer  (CFO), who
reports to the president.
In some corporations the CFO may also be a member of
the board of directors. In addition to overseeing the
accounting, treasury, tax, and audit functions, today’s CFO
often has responsibility for strategic planning, monitoring
and trading foreign currencies, managing the risk from
volatile interest rates, and monitoring production and
inventory levels. CFOs also must be able to communicate
effectively with the investment community concerning the
financial performance of the company.
The Practice of Financial Management
 During the 1980s and 1990s, interest in the ethical
dimensions of business practice exploded. Front -page
stories of the stock trading scandals involving the use of
insider information that led to the downfall of Dennis
Levine and Ivan Boesky, the Treasury bond trading scandal
at Salomon Brothers that severely damaged Salomon’s
reputation and resulted in its top managers being forced
to resign, and the billions of dollars of questionable loans
made by savings and loan executives that caused the
collapse of much of the savings and loan industry have
focused attention on the ethical practices followed by
business and financial managers. Webster’s  defines ethics
as “the discipline dealing with what is good or bad, right or
wrong, or with moral duty and obligation.”a John J. Casey
defines ethics as follows:
“At its best, business ethics is excellence in management
applied with fairness and dispatch. It involves hard
-headed thought, not a sentimental reaction. It also
involves articulate, effective communication to all
parties....”b Casey identifies a number of techniques that
managers can keep in mind when addressing the ethical
dimensions of a business problem.
 Clarify the parameters of the problem.
 Involve the right team of participants at the outset.
 Collect all the facts bearing on the problem.
 Articulate the harm and benefit that may result from
proposed actions.
 Weigh the consequences of alternatives.
 Seek equity for those who may be affected.
Other action guidelines that have been suggested for
managers include to
 Ensure that personal interests do not conflict with
business decisions being made.
 Respect the confidentiality of information entrusted
to you.
 Make decisions based on rational, objective business
analysis rather than on inappropriate factors, such as
race, sex, or religion.
 Act fairly in dealing with customers while protecting
the legitimate interests of the business.c
Ethical considerations impact all kinds of business and
financial management decisions. Some financial decisions
with important ethical dimensions, such as the loan
administration policies apparent in many failed savings
and loan institutions, command national attention.
However, financial managers encounter day-today
decisions that have important ethical dimensions. For
example, as a new bank loan officer, should you
recommend approval of a loan to a longtime friend, even
though she does not quite meet the normal loan standards
of the bank? As an account executive for a brokerage firm,
should you recommend to your clients the securities of
firms that have poor environmental management records
or that deal in such products as alcohol and tobacco?
Should you tell your father-in law that your firm is likely to
become a candidate for a takeover before this is publicly
announced? As a division manager being evaluated in part
on a return -onassets calculation, should you lease assets
to keep them out of the asset base for evaluation
purposes and thereby enhance your apparent
performance?
Should your firm aggressively use allowable accounting
practices to mask a fundamentally deteriorating level of
performance? Should your firm move its plant from the
Northeast to the Southeast in an attempt to break the
union and save labor costs?
This brief sampling of the areas of business and financial
-management decision making that possess important
ethical dimensions provides a feel for the breadth of
ethical issues facing financial managers. In most cases,
the answers to these questions are not clear-cut. Actual
decision making is very complex and involves many trade-
offs among parties with competing interests. However,
explicitly recognizing the costs and benefits associated
with each of these decisions and making the decision in
an atmosphere of balanced objectivity and fairness can
help financial managers avoid apparent or real breaches
of their ethical trust.
Sample Organization Chart

The chief financial officer often distributes the financial

management responsibilities between the controller  and
the treasurer. The controller normally has responsibility for
 all accounting-related activities. These include such
functions as
 Financial Accounting This function involves the
preparation of the financial statements for the firm, such
as the balance sheet, income statement, and the
statement of cash flows.
 Cost Accounting This department often has
responsibility for preparing the firm’s operating budgets
and monitoring the performance of the departments and
divisions within the firm.
 Taxes This unit prepares the reports that the
company must file with the various government (local,
state, and federal) agencies.
 Data Processing Given its responsibilities involving
corporate accounting and payroll activities, the
controller may also have management responsibility for
the company’s data -processing operations.
 The treasurer is normally concerned with the
acquisition, custody, and expenditure of funds. These
duties often include
 Cash and Marketable Securities Management This
group monitors the firm’s short -term finances
forecasting its cash needs, obtaining funds from
bankers and other sources when needed, and investing
any excess funds in short-term interest -earning
securities.
 Capital Budgeting Analysis This department is
responsible for analyzing capital expenditures that is,
the purchase of long -term assets, such as new facilities
and equipment.
 Financial Planning This department is responsible
for analyzing the alternative sources of long-term funds,
such as the issuance of bonds or common stock, that
the firm will need to maintain and expand its operations.
 Credit Analysis Most companies have a department
that is responsible for determining the amount of credit
that the firm will extend to each of its customers.
Although this group is responsible for performing
financial analysis, it may sometimes be located in the
marketing area of the firm because of its close
relationship to sales.
 Investor Relations Many large companies have a unit
responsible for working with institutional investors (for
example, mutual funds), bond rating agencies,
stockholders, and the general financial community.
 Pension Fund Management The treasurer may also
have responsibility for the investment of employee
pension fund contributions. The investment analysis and
portfolio management functions may be performed
either within the firm or through outside investment
advisors.
It should be emphasized that the specific functions of the
controller and treasurer shown in Figure are illustrative
 only and that the actual functions performed vary from
company to company. For example, in some companies,
the treasurer may have responsibility for tax matters. Also,
the board of directors of the company may establish a
finance committee, consisting of a number of directors
and officers of the firm with substantial financial expertise,
to make recommendations on broad financial policy
issues.

Legal aspects
Welfare scheme followed
PBPL cares for its employees hence to ensure that every
employee is happy & healthy itruns various welfare schemes
likeIt also provides flat facility, transport facility, canteen
facility etc to its employee. Thewelfare schemes help in
ensuring a good and healthy relationship between the
employees and thecompany. The employee feels like a part
of the company & gives his 100% towards the growthof
the company.

1. Eligibility:

 Participant must have Internet access and a valid e-

mail id in order to participate in this contest.

 The Contest is open to all individuals who are legal

residents of India and have completed eighteen (18) years
 of age and/or have reached the age of majority at the time
of participation.

 Employees, officers and directors of Sponsor, its

advertising, promotional, fulfilment and marketing agencies
(collectively the "Program Entities"), their immediate
families (parent, grandparent, child, sibling & spouse) and
persons living in the same households as such individuals
(whether related or not) are not eligible to participate in
the Promotion.

 All federal, state, provincial and local laws and

regulations are separately and individually applicable to the
Contest.
2. Creating and Entering your Submission(s):
 Entries are to be made on the Parle-G website
at parleg.in. Participant will be required to create and
submit a unique recipe.

 Recipes must include Parle-G biscuits.

3. Participation:

 Participant shall complete the registration form as the

details asked, follow the prompts to upload the recipe.

 Participant shall have limit of one (1) Submission

/entry of recipe per person per day; a day ("day") is defined
at the twenty-four (24) hour period beginning at 00:00:01
AM IST and ending at 11:59:59 PM IST.
 Each entry that Participant will submit must feature
unique and different content from any of the other
Submissions of the same Participant.

 By entering the Submission Participant(s) are licensing

the rights and waiving moral rights to use Participant(s)
submission to and in favour of the Sponsor for advertising
and promotion of its products and/or its company in any
media now known or hereinafter developed in perpetuity
in exchange for no compensation of any kind to the
Participant and/or its any relative or its claimants.
4. Kindly note:

 The recipe may be posted on a public website(s) for

public viewing during and/or after the Overall Promotion
Period. Participant’s Submission should comply with the
following:

 The recipe must be unique and may not infringe on

any licensing or copyright laws.

 The recipe must include Parle-G biscuits in

Participant’s recipe.

 Do NOT include any personally identifiable

information in the Submission or the optional caption; i.e.
name, contact details, address, location, etc. Parle/
Sponsor are not responsible to keep them secret on public
domain as it is available to all public viewers.
 Do not include images of any object, location or
building with brand names or logos, other than the Parle-G
brand name or logo. (If the Submission includes logos or
branded images, Sponsor has the right to remove the
infringing image(s) or to disqualify the Submission of
Participant.)
5. Participant Submission must be:

 Created by own, be totally original and cannot be

previously published or appear anywhere else. Submission
cannot contain any third party copyright protected
material (including but not limited to logos, artwork or
locations etc.) or otherwise infringe on the intellectual,
property or other rights of a third party;

 suitable for general audiences (i.e., may not be

political, discriminatory, religious or obscene or indecent,
including but not limited to nudity, pornography, violent or
profane depictions);

 Submission should not depict or in any way violate any

law or regulation.

 Submission should not depict the Promotion Entities

negatively.
6. Sponsor’s Role:

 In Sponsor's sole opinion, Submissions which do not

meet any of the requirements and/or which Sponsor
 deems negative, offensive or controversial in any way will
be disqualified and removed from public view.

 If Sponsor is duly notified that any element of an

entrant's Submission infringes upon the rights of another
person and/or receives a legally valid request to remove or
invalidate the affected Submission because of such
infringement, such Submission may be removed and
disqualified from the Promotion, as Sponsor may
determine in its sole discretion.

 No entrant will be eligible to receive a prize unless

Sponsor determines, in its sole and absolute discretion that
such entrant's Submission has been or can be sufficiently
cleared for legal purposes and such entrant has complied
with the terms of these Official Terms and Conditions.
7. Sponsor Judging to Determine Winners:
During the Judging Period, Submissions will be reviewed
by a panel selected by the Sponsor ("Judging Panel") and
will be judged and weighted according to the following
criteria:

 Use of Parle-G biscuit – 25%,

 Creativity/Originality – 25%,

 Feasibility – 25%, and

 Flavor/Overall Appeal of Recipe – 25%.

 The decisions of the Judging Panel will determine First
Prize winners each week and one Grand Prize winner each
week. No individual will be eligible to win more than one
prize per week. No individual will be eligible to win the
same prize twice. The decisions of the Judging Panel are
final.
8. Prize, Data Collection and Winner Confirmation:

 There are no prize substitutions or options available.

No prize recipient shall be permitted to replace his/her
designated prize with another prize or item or redeem
his/her prize or any portion of the prize for cash.
Promotion Entities reserve the right, exercisable at any
time in their sole discretion, to substitute a prize or prize
component of equal or greater value. Any costs associated
with prize acceptance and use not specified herein as being
provided, is the winner's sole responsibility. Kindly explain

 All personal information from the Participant that is

collected by Sponsor will be used for the administration of
the Promotion and in accordance with the Sponsor's
Privacy Policy. By entering the Promotion, Participant
consent to the Sponsor, its agents and/or representatives
for storing, sharing and using the personal information
submitted with the Submission for the purposes of
administering the Promotion.

 The potential Grand Winners will be contacted within

two (2) business days of the conclusion of the Sponsor's
 Judging Period by the e-mail address associated with the
Participant entry ("Prize Notification"). When the winners
receive their Prize Notification, they will be required to
respond within five (5) days with confirmation of prize
acceptance and an address for the purposes of prize
fulfilment.

 Failure on the part of any potential winner to comply

with any of these provisions will result in disqualification
and forfeiture of the prize. Return of Prize Notification or
prize as undeliverable for any reason will result in
disqualification and forfeiture of the prize. Any unclaimed
prizes will not be awarded.
9. Sponsors right to use the work and information about
Participant:

 It is represent and warrant that Participant’s

Submission is its wholly original work and not previously
published one, and does not incorporate or include
anything that is owned by any third party or would require
the consent of any third party. Submission does not violate
any copyright, trademark, publicity right, privacy right or
any other right of any third party;

 Participant shall agree with all terms and conditions as

set forth in these Terms and Conditions;

 Sponsor’s have the express permission of any

individual appearing in Participant’s Submission, the right
 to use their image and if requested by the Sponsor can
provide written proof of such;

 the Sponsor can grant automatically to an exclusive,

world-wide, royalty free, irrevocable license to use,
reproduce, create derivative works from, modify, publish,
edit, translate, distribute and display your Submission;

 Participant agree that upon selection as a winner of

any prize, Participant agree that its Submission shall legally
be considered a "work made for hire," with all rights
therein, including, without limitation, the exclusive
copyright, transferred to and being the property of the
Sponsor;

 Participant agree that upon selection as a winner of

any prize, in the event Participant’s Entry is considered not
to be a "work made for hire," Participant irrevocably assign
to the Sponsor all right, title, and interest in and to its
Submission (including, without limitation, the copyright) in
any and all media whether now known or hereafter
devised, in perpetuity, anywhere in the world, with the
right to make any and all uses thereof, including, without
limitation, for purposes of advertising or trade;

 Participant agree to waive all moral rights in the

Submission and
 Participant agree that by submitting an entry, it grant
to the Sponsor the right to sell and otherwise distribute the
Submission on any of its websites or in any of its
advertising and/or products without any compensation to
the Participant.

 By submitting an Entry, Participant grant to the

Sponsor and its affiliated companies the right, except
where prohibited by law, to use the information as
provided viz; its name, likeness, picture, address (city and
state), voice, biographical information, for advertising and
promotional purposes of Parle/ Sponsor in promoting or
publicizing the Sponsor, its products or services, in any and
all media now or hereafter known throughout the world in
perpetuity without compensation, notification or
permission unless required by law. Participant shall have
no right of approval, no claim to compensation, and no
claim (including, without limitation, claims based on
invasion of privacy, defamation, or right of publicity) arising
out of any use, blurring, alteration, or use in composite
form of your name, picture, likeness, address (city and
state), e-mail address, biographical information, or entry.
The rights granted under this paragraph shall extend to the
Sponsor, its affiliated companies with respect to all
entrants in the Promotion, including non-winners and
winners. The Sponsor however, does not have any
obligation to use the winning or non-winning Entries for
any purpose.
10. In General:
All entries become the property of the Sponsor. Entrants/
Participants agree that the decisions of the Sponsor are
final and binding on all entrants without right of appeal,
with respect to all aspects of the Promotion. In the event
of any dispute regarding the interpretation of these Official
Rules, the decision or interpretation of the Sponsor shall
prevail. There are no prize substitutions or options
available. No prize recipient shall be permitted to replace
its designated prize with another prize or item, transfer any
prize or redeem its prize or any portion of the prize for
cash.
All entrants agree to comply fully with each provision in
these Official Rules. Proof of submission will not be
deemed to be proof of receipt by Sponsor.
Sponsor is not responsible for technical, hardware,
software, telephone or other communications
malfunctions, errors or failures of any kind, including
without limitation with respect to any third party website
or service, lost or unavailable network connections, web
site, Internet, or ISP availability, unauthorized human
intervention, traffic congestion, incomplete or inaccurate
capture of entry information (regardless of cause) or failed,
incomplete, garbled, jumbled or delayed computer
transmissions which may limit one's ability to enter the
Promotion, including any injury or damage to participant's
or any other person's computer, phone/device relating to
or resulting from participating in this Promotion or
downloading any materials in this Promotion.
Sponsor reserves the right, in its sole discretion, to cancel,
terminate, modify, extend or suspend this Promotion
should (in its sole discretion) virus, bugs, non-authorized
human intervention, fraud or other causes beyond its
control corrupt or affect the administration, security,
fairness or proper conduct of the Promotion. In such case,
Sponsor may determine the winners (based on the Judging
process in #4 above) from all eligible entries received prior
to and/or after (if appropriate) the action taken by
Sponsor.
Sponsor reserves the right, at its sole discretion, to
disqualify any individual it finds, in its sole discretion, to be
tampering with the entry process or the operation of the
Promotion or web site. Sponsor may prohibit an entrant
from participating in the Promotion or winning a prize if, in
its sole discretion, it determines that said entrant is
attempting to undermine the legitimate operation of the
Promotion by cheating, hacking, deception, or other unfair
playing practices (including the use of automated quick
entry programs) or intending to annoy, abuse, threaten or
harass any other entrants or Sponsor representatives.
CAUTION: ANY ATTEMPT BY AN ENTRANT TO
DELIBERATELY DAMAGE ANY WEBSITE OR
UNDERMINE THE LEGITIMATE OPERATION OF THE
PROMOTION MAY BE A VIOLATION OF CRIMINAL AND
CIVIL LAWS AND SHOULD SUCH AN ATTEMPT BE
MADE, THE SPONSOR RESERVES THE RIGHT TO SEEK
DAMAGES FROM ANY SUCH PERSON TO THE FULLEST
EXTENT PERMITTED BY LAW.
11. Release of Liability and Issues of Law:
By participating Participant release the Sponsor, its
affiliates, partners, subsidiaries, officers, directors, agents,
employees and all Promotion Entities associated with the
development and execution of this Promotion and their
respective employees, officers, directors and shareholders
("Released Parties") from any and all liability with respect
to and in any way arising from participating in this
Promotion, acceptance or use of prizes.
Participants also agree that the Released Parties are not
responsible or liable for any injury or damage to a
registrant's or third person's computer or phone/device,
related to or resulting from the Promotion, the
Registrations, publishing of Winners and/or its prizes.
Released Parties are not liable for damage to a user's
computer system or phone/device (including, without
limitation, any server failure or lost, delayed or corrupted
data or other malfunction) due, either directly or indirectly,
to an entrant's participation in the Promotion or
downloading of information in connection with the
Promotion.
Entrants agree that Released Parties shall not be liable for
personal injuries, death, damages, expenses or costs or
losses of any kind resulting from participation or inability
to participate in this Promotion or parts thereof or
acceptance of, use of or inability to use a prize or parts
thereof including, without limitation, claims, suits, injuries,
losses and damages related to personal injuries, death,
damage to or destruction of property, rights of publicity or
privacy, defamation or portrayal in a false light (whether
intentional or unintentional), whether under a theory of
contract, tort (including negligence), warranty or other
theory. Prize winners agree to release the Releases from
any and all liability and responsibility with respect to the
prize (including any property loss, damage, personal injury
or death). Prize winners acknowledge the aforementioned
individuals and entities have neither made nor are in any
manner responsible for any warranty, representation or
guarantee, expressed or implied, in fact or in law, related to
the prize.
Released Parties shall not be liable to a winner or any other
person for failure to supply a prize or any part thereof, by
reason of any acts of God, any action(s), regulation(s),
order(s) or request(s) by any governmental or quasi-
governmental entity (whether or not the action(s),
regulation(s), order(s) or request(s) prove(s) to be invalid),
equipment failure, terrorist acts, earthquake, war, fire,
flood, explosion, unusually severe weather, hurricane,
embargo, labor dispute or strike (whether legal or illegal),
labor or material shortage, transportation interruption of
any kind, work slow-down, civil disturbance, insurrection,
riot, or any other cause beyond Released Parties' sole
control.
All State, provincial and local laws and regulations are
applicable. The Promotion is void where restricted or
prohibited by law.
 The invalidity or unenforceability of any provision of these
Official Rules shall not affect the validity or enforceability
of any other provision. In the event that any provision is
determined to be invalid or otherwise unenforceable or
illegal, these Official Rules shall otherwise remain in effect
and shall be construed in accordance with their terms as if
the invalid or illegal provision were not contained herein.
For any suit or legal proceeding arising out of this
agreement only the courts at Mumbai shall be the courts
having jurisdiction to entertain and try the same.
12. Information about the Winners:
Winners will be announced as per above schedule.
13. Communication
Any questions or comments regarding this Promotion
should be directed to Parle-G, via social media only.
Accounting methords

I am familiar with Parle "roducts. 5oday, Parle enDoys a (0)

share of the total biscuit market anda $*) share of the total
confectionary market, in India. Parle Products has
one factory atMumbai that manufactures biscuits 2
confectioneries while another factory at ahadurgarh,
in3aryana manufactures biscuits. +"art from this, Parle has
manufacturing facilities at ;eemrana,in 7aDasthan and at
angalore in Earnataka.5he techni>ue of Marginal -osting is
being used in the organiation.Marginal costing is not a
system of costing like Dob costing, "rocess costing,
o"erating costing,etc. but a s"ecial techni>ue used for
managerial decision making. 5he techni>ue of
marginalcosting is used to "rovide a basis for
the inter"retation of cost data to measure the "rofitability
ofdifferent "roducts, "rocesses and cost centres in the course
of decision making. It can, therefore, be used in conDunction
with the different methods of costing such as Dob costing,
"rocess costing,etc. or even with other techni>ues such as
standard costing or budgetary control.In marginal costing,
cost ascertainment is made on the basis of the nature of cost.
It givesconsideration to behaviour of costs. In other
words, the techni>ue has develo"ed from a "articular
conce"tion and e"ression of the nature and behaviour of
costs and their effect u"on
Macro and micro enviroment

STRENGTH:-

 Parle brand

 Diversified product range

 Extensive distribution network

 Low and mid price range

 Catering to mass

 Better understanding of consumer psyche

WEAKNESS:-

 Dependence on grocery stores & retailer

 Dependence on Parle-G flagship

OPPRTUNITY:-

 Estimated annual growth

 Low per capita consumption

 Changing consumer preference

 Increasing demand for sugar free

 Diet biscuit
THERETS:-
 Hike in raw material price

 Increasing distribution system cost

 Local bakery products

 Entry of various new entrants like ITC.BRITANIA

ETC.