24489_Makaon_Final2_[1]

Embed Size (px)

Citation preview

  • 7/30/2019 24489_Makaon_Final2_[1]

    1/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INDEX

    NO Sub No PARICULARS Page NO

    PREFACE

    ACKNOWLEDGEMENT

    DECLARATION

    1. GENERAL INFORMATION

    1.1 INTRODUCTION

    1.2 HISTORY AND DEVELOPMENT

    1.3 VISION

    1.4 MISION

    1.5 AIM

    1.6 ORGAN IZATION STRUCTURE

    1.7 ABOUT COMPANY

    2. PRODUCTION DEPARTMENT

    2.1 INTRODUCTION

    2.2 RAW MATERIALS

    2.3 PRODUCTION PROCESS

    2.4 QUALITY POLICY.

    2.5 PRODUCT PACKING

    3. HUMAN RESOURSE DEPARTMENT

    3.1 INTRODUCTION

    3.2 STRUCTURE OF HR DEPARTMENT

    3.3 HRP PROCESS

    3.4 RECRUITMENT AND SELECTION

    3.5 TRAINIG AND DEVELOPMENT

    3.6 My Research or Analysis with Questioner

  • 7/30/2019 24489_Makaon_Final2_[1]

    2/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    3.6 WAGES AND SALARY ADMINISTRATION

    4. FINANCE DEPARTMENT

    4.1 INTRODUCTION

    4.2 ORGANIZATION STRUCTURE OF FINANCE

    4.3 FINANCE PLANNING.

    4.4 My Research or Analysis I

    5. SUGGESTION

    6. CONCLUSION

    7. BIBLIOGRAPHY.

  • 7/30/2019 24489_Makaon_Final2_[1]

    3/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    PREFACE

    M.B.A is a professional course where in for a student to

    process only theroetical knowleedge Alone is not enough but

    also to improve practical knowledge, skill, and experience

    becomes necessary to have. which is helpur to them. In short

    student can get full practical knowledege of personnel,

    marketing Finance department need to improve a currentscenario. When we do work at particular position in the

    department, student can experience the workload, and about

    financial planning that is very important part of the business.

    How you will manage the finance to run your business. Political

    barriers and tax obligation, student can experience. The

    decision of taking an any project or not or how u can compare

    the project for their individual return with the help of certain

    financial techniques like a Project Index (PI), Initial Rate of

    Return and PayBack Period.

    I was visited MAKSON GROUP OF COMPANIES at

    SURENDRANANGAR for practical training and also studied on

    the working its different department and prepare report on it.

    For running the business it is necessary to have

    management knowledge and Managerial skill. Being

  • 7/30/2019 24489_Makaon_Final2_[1]

    4/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    management student we get theoretical knowledge in college

    but it is not enough for self development but also to have

    practical knowledge.

    MAKSON SAYS:-

    " Oh Children, the work is not just for you But also for

    Enjoy , flower, Sweets and Chocolates too",

    Such training promoters a Student to boost potentials and

    the inner qualities and there by student come to know abouttheir reality that how the theoretical knowledge work in actual

    work in sense in any unit.

  • 7/30/2019 24489_Makaon_Final2_[1]

    5/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    ACKNOWLEDGEMENT

    It was memorable experience for me to visit the industries.

    I do not have adequate words to express my profound gratitude

    to project report in charge Mr. Himmat Waghela & Mehul

    Permar

    For providing me such a valuable opportunity of industrial

    in MAKSON GROUP OF COMPANIES.

    My acknowledgement would not be complete if I don'texpress my deepest Senses of gratitude Mr.Dhanjibhai(

    Chairman), Mr.Kalpesh.(managing Director),Mr.Himmatbhai

    (HR Manager) and all executive without whose active my

    industrial report would not seen in the light of day.

    I am also thankful to all those people who have helped me

    in preparing this report directly and indirectly by providing

    necessary information the unit which I have Visited.

    And specially, I would like to thanks Makson company all

    workers who is co-operate me and give me some advantage

    information about my project report and last I thanks to Makson

    security who is also help me.

  • 7/30/2019 24489_Makaon_Final2_[1]

    6/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    DECLARATION

    I am Anand S. Batada here by declare that the project

    work at entitled at "Makson group of Companies" Is

    result of my indebtedness to other work publication, if

    any, been duly acknowledged.

    Anand Batada

  • 7/30/2019 24489_Makaon_Final2_[1]

    7/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INTRODUCTION

    Makson Corporation was Founded in 1983 by Maksana

    Family.

    - Adhering to Quality Standards was the only aim , right

    since its conception, so that the customer can appreciate

    that their quality needs can be taken care at the best.

    - Konwledge is power, we strive to finish serving the

    customer regardless of the size, quantity price is Our aim.

    - On time delivery has been our specially in todays time no

    one can wait; hence that has been our major thrust.

    - Needless to say that all this virtues will be our Guarantee.

    Quality

    On time Delivery

    Service

    Reasonable Price

    Another side makson was produced machinery as well as

    engineering products in their other plant. Use in their machineryin his pharmcl plant . ther prouduced.

    Many Type of Machinery with many features are as follow.

    . Accurate shapes, weight That give You. Good Cost

    Control and highly efficient production.

  • 7/30/2019 24489_Makaon_Final2_[1]

    8/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    . Different Shapes, and flavours can be deposited

    Simultaneously.

    . Deposited filled and unfilled, Striped or three

    dimensionally shaped candies can be produced.

    . Makson depositing lines Suitable for Various products like

    clear hard Candy, Center filled Candies , Striped Two

    Color Candies, milk and Sugar free Candies.

    .

  • 7/30/2019 24489_Makaon_Final2_[1]

    9/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    HISTORY AND DEVELOPMENT

    In the year 1926 Makson Group started as a small

    manually operated in house Confectionery products operated

    in house Conffectionery products manufacturing unit for local

    market. Later the founder and Chairman of the Company Mr.

    Dhanjibhai who is a mechanical engineer visited an exhibition

    in 1972 at pragati maiden, New Delhi.

    The chairman of the company Mr. Dhanjibhai was

    awarded Self made Industrialist . Award in the year 1981 by

    the vice president of Indill and Ex-officio Chairman of the Rajya

    Sabha Mr. Hiddyat Ullah. Following this award many other

    awards such as The National Award For Import Substitution.

    In the year 1983, Export Award by the Government of Indill

    He was Also Awarded The LENCO Excellence Award As

    The Best Industrialist And Philanthropist. After this intical

    experience Makson Started to Build Machineries

    Later in the year 1983 Makson Expanded as a contract

    Confectionery manufactures to renowned companies Such as

    Nestle,Cadbury,Unilever, Hindustan Lever Limited, Ranbaxy,Cipla, Himalaya, Boots Primal, Knoll Parma, Coca Cola, Bile

    Cross Labs, etc. Makson has a dedicated manufacturing facility

    for P and G, Johnson and Johnson and Johnson awarded

    Makson Contract Manufacture Of the year Award For 2

    Consecutive years 1995 and 1996 .

  • 7/30/2019 24489_Makaon_Final2_[1]

    10/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    In the Year 2004, Makson started Manufacturing 100

    Various of gum & baser, equivalent to International standards

    for chewing and Bubble gum.

    Today Makson is the leading Confectionery machinemanufactures and also the largest contract having its branchesat Bhopal and Hyderabad.

  • 7/30/2019 24489_Makaon_Final2_[1]

    11/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    VISION

    We will make whole heated efforts for the fulfillment

    of this objective Through our interaction and interdependence

    with them.

    We will work and contribute and grow together in the Spirit

    of Saha Viryam this is our resolutions and we resolve so, we

    pray to the almighty fulfill our mission.

    v

  • 7/30/2019 24489_Makaon_Final2_[1]

    12/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    MISSION

    We strive for a happier heutthier Tomorrow Makson

    should provide total Customer satisfaction and achieve.

    Leadership in chosen market, products and Services across the

    glove, through excellence in technology, based on world class

    research and development.

    Makson human resources will continue to be the most valuable

    asset in this pursuit of leadership and the prime driving forces

    for his / her growth.

    Makson is a responsible to the Society. Makson Shall be good

    Corporate Citizen and will be driven high ethical standard s in

    our practices.

  • 7/30/2019 24489_Makaon_Final2_[1]

    13/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    AIM

    Makson Industry pvt. Ltd . has always him to

    provide customers quality for pesticides.Today Makson

    is earning 59 to 69 carore Form export as foreign

    exchange.

    The Company Continuous to make interest in

    organization of its plant to improve the productivity

    company has carried out substation expansion of

    production capacity of surendranagar.

    Today, makson is growing very fast in its field. It

    always aim to achieve success in its field with its

    employee better condition. It aims be helping hand of

    nation.

    Makson business is growing was founded on a

    class on close relationship with a customer who used its

    products and there derivcltives. Form an origin narrow

    rang of products for Specitics user.Makson has

  • 7/30/2019 24489_Makaon_Final2_[1]

    14/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    expanded its activities so That Today it provides the

    customers with a broad rang of products and technical

    guidance.

    An integral Competer in achieving this Succers in

    this system of fuly integrated production linked to the

    development technology appropriate to the need of its

    customers.

  • 7/30/2019 24489_Makaon_Final2_[1]

    15/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    ORGANIZATION STRUCTURE

    Chairman

    M.D

    General Manager

  • 7/30/2019 24489_Makaon_Final2_[1]

    16/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    ABOUT COMPANY

    Makson pharmaceutical (I) pvt Ltd. Was

    incorporated in the year 1987 primarily to go into the

    manufacture of cough drops / throat drops / Throat

    lozenges. Makson pharmaceuticals is an associated of

    cough drops for procter and gamble overseas and

    makson Food Pvt.Ltd.And also Makson Confectionery

    who are leading manufacturer of confectionery rang of

    product.

    The company has contractual manufacturingagreements for pharmaceuticals product with procter

    and gamble, dabur India Ltd, Knoll pharmaceuti cals,

    Blue crose crose laboratory ltd, Boots primal Healthcare

    ltd, Fermenta Biotech Ltd, Cipla Ltd, And Ranbaxy

    Laboratory Ltd.

    The company has contractual agreements in

    confectionclry rang of product with Nestle Indill Ltd,

    Nutrine Confectionary Ltd, Hindustan Unilever Ltd,

  • 7/30/2019 24489_Makaon_Final2_[1]

    17/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Makson pharmaceuticals India Pvt. Ltd infect is

    subsidiary of Makson group of companies,who areengaged in the manufactured of foods packaging,

    machinery, The group has vast Clentere in India and

    abroad inducing Cadburys, Nestle, parle, Nutrine,etc.

    The group has associated with fortune so Companies

    like procter and gamble India Ltd, BASF, and Nestle

    etc.Location :-

    Location at 600kms North west of Bombay International

    airport.

    Office / Factory :-

    Survey no 195, Rajkot highway, Surendrangar (Gujarat)

    Phone Numbers :-

    Office : (91-2752) 285991 TO 285995

    Fax :- (91-2752) 285009

    E-Mail :- Maksongroup @ Sancharnet.com.in

    WebSite :-WWW.Makson group .com

    Size of the unit

    The Makson is a large scale unit because their turn

    over is more then 100 carore rupee.

    http://www.makson/http://www.makson/http://www.makson/
  • 7/30/2019 24489_Makaon_Final2_[1]

    18/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INTRODUCTION

    Definition :-

    Operations Management may be defind as the

    design operation and important at the production system

    that creates the firms primary products and services.

    Makson group of companies is producing

    sweet product as well as Industrial Machinery for

    Customers use most Sweet products are being makson

    grop of companies has three major manufacturing units.

    They are as under.

    . Makson group of companies, Surendranagar.(Head

    Office)

    Madhya Pradesh, Bhopal

    . Andhra Pradesh, Baddi.

    Recently Company is producing a wide range of Agro

    Chemicals and Formulations Products At the manufacturing

    Sitrs

  • 7/30/2019 24489_Makaon_Final2_[1]

    19/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Following product is manufactured. At

    Surendranagar Unit.

    Nestle Eclairs

    Vicks Cough Drops

    Strepsils

  • 7/30/2019 24489_Makaon_Final2_[1]

    20/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Pams Throat Sweets

    Sunfill

    Hajmola candies

  • 7/30/2019 24489_Makaon_Final2_[1]

    21/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Iodex

    Max Chocomax

    Johnsons Powder and Oil

  • 7/30/2019 24489_Makaon_Final2_[1]

    22/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Butter Scotch Candies

    Nestle polo

    Melters

  • 7/30/2019 24489_Makaon_Final2_[1]

    23/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Olesan Cough Drop

    Vicks Vapo Rup

    Funbar

  • 7/30/2019 24489_Makaon_Final2_[1]

    24/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Butter Cup

    Zoom

  • 7/30/2019 24489_Makaon_Final2_[1]

    25/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    RAW MATERIALS

    Makson receives raw material from Insia and

    abroad.

    The Raw material and packing Materials are

    provided by the Companies for whom we are

    manufacturing products on loan license and under

    approval validation study is done by the Company for

    whom we are working.

    It Covers all the activities of procurement,allocation and utilization of resources Such as labor

    energy, material, equipment and machines etc.

  • 7/30/2019 24489_Makaon_Final2_[1]

    26/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    PRODUCTION PROCESS

    Preparation of sugar liquid. Glucose Syrup and

    addition of colour

    Syrup

    Temperature 75o

    to 95o

    Filtration of syrup Syrup Clarity

    Transfer to Holding Tank Cooking Team

    140o

    + 2oC

    Cooking Team 140o

    Discharge under vacuum Vacuum of

    0.8 + 0.1 bar

    In line Mixing of

    Citric Acid Canhydrous

    Medicated Essence / Flavour

    Dosing bar

    minute

    Speed of in -1+

  • 7/30/2019 24489_Makaon_Final2_[1]

    27/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    QUALITY POLICY

    To deliver a Quality product meeting or exceeding

    International Specification at a most Reasonable price to

    the customer and also a Zero level Complaint from

    Customer within Three years of implementing of this

    was written quality policy.

    Quality Control -:

    If one were to seek out a single word that

    embodies the spirit of the Company, It is apparent right

    from moment you step into the premises in the

    numerous facets ingrained and internalized into the

    Companys ethos.

    The results are reviewed by head of the Q.A.

    Department. The Q.A. Manager Checks the raw material

    .The Results of the analysis conducted are Subjected tocomply with the Specification is decided by the Senior

    person of the Team member evaluate out the Study For

    Food Safety . They out Hazard Analysis and critical

    control point.

  • 7/30/2019 24489_Makaon_Final2_[1]

    28/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    The Slogan Innovative Sweets Technologist that

    was deeply etched into every logo of the company, and

    Subsequently into the minds Of millions,is adherd to withutmost special Quality Management Division Spearheds

    the concept of total Quality Management, an interation

    of all Functions With Built in Quality.

  • 7/30/2019 24489_Makaon_Final2_[1]

    29/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    PRODUCT PACKING

    The activities of designing and producing or

    wrapper for product are called packing. Attractive

    pakage is having Consumer identification plus

    Confidence Which builder Company successful Carrier.

    Makson group of companies instated new plastic bag

    packaging System for export Contaniner lead.

    Resulting in Substantial grop of Companies is paked in

    following machine.

    Strip packing machine

    Pillow pack machine

    Blister packing machine

    Auto castooning machine

    Pouch packing machine

    FFS packing machine.

  • 7/30/2019 24489_Makaon_Final2_[1]

    30/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INTRODUCTION

    Marketing is a comprehensive terms It includes all

    resources and a set of activities all resources and a set of

    activities necessary to direct and facilitate from produces to

    Consumer in the process of distribution.

    Marketing is a Societal process by which individuals and

    group obtain what they through creating offering and freely

    exchanging products and Services of value with others.

    Marketing management is an art and Science of

    Choosing target Markets and getting, keeping and growing

    Customers through Creating, delivering and communicating

    Superior Customers through creating delivering and

    communicating superior customers value Marketing is a

    Creative and Communicating Superior customers ValueMarketing is a Creative and essential Function of

    Management. It plays a significant role in the Survival and

    Success. Of business .It is one of the Effective. Ways to

    increase the Company Sales.

  • 7/30/2019 24489_Makaon_Final2_[1]

    31/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    Makson Group of Companies is a large scale unit and is a

    huge manufacturer of sweet Technology. It owes monopoly

    wants and creates customers the company has set up amarketing department at its SURENDRNAGAR branch .here

    Marketing efforts are carried out by four basic principles.

    1.Reasonable and consistent pricing

    2.good quality

    3.Dependable Supplies

    4.Technical Service to inform and educate the Consumer

  • 7/30/2019 24489_Makaon_Final2_[1]

    32/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INTRODUCTION

    Personnel department is heart of organization. As the one had

    truly said that one plus one makes two in organization where there

    is two or more person work with co-ordination according to George

    R. Terry personnel management is concerned with obtaining and

    maintaining of satisfactory and satisfied work force.

    Personnel management means to manage people with both as an

    individual and as a group at working place, personnel management is

    known besides personnel administration labor management and

    manpower management.

    As the term implies personnel management is the management

    of human resource in origin in order to solve their problems in a

    responsible manner. It has become necessary for almost all units to set

    up a separate personnel department.

    Makson group of companies has separate personnel dept. the

    welfare activates done for their employees are remarkable. In this

    company it can be seen that there is bonding between management

    and workers and hence result is to smooth functioning of the

    organizational activities. The HR activities under taken by personnel

    department are the best.

  • 7/30/2019 24489_Makaon_Final2_[1]

    33/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    STRUCTURE OF HR DEPARTMENT

    VP

    Chaturbhai Patel

    Employee Relations Employee Engagement

    GM Dy. Manager

    Manager

    Asst. Manager

    Executive

    Executive

    Sr. Supervisor Staff Staff Supervisor

  • 7/30/2019 24489_Makaon_Final2_[1]

    34/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    HRP Process

    Organization objectives and polices

    HR Need Forecast HR Supply Forecast

    HR Programming

    HRP Implementation

    Control and evaluation

    Surplus Shortage

  • 7/30/2019 24489_Makaon_Final2_[1]

    35/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    RECRUITMENT AND SELECTION

    Recruitment means "right number of people at right time at right place"

    which is necessary to ensure the continued operation of the organization.

    Recruitment has been regarded as a most important function of the people

    with the best plans organization chart and control system would not do much

    good.

    Recruitment is a process of searching for employees and simulating and

    encouraging them to apply for jobs in an organization.

    Recruitment arise cause to.

    1. Death

    2. Retirement

    3. Retrenchment

    4. Resignation

    5.New Project

    6. Plant Expansion

    7.New Technology

    8. Other Reasons

    Makson Pvt. Ltd. is doing this with two different sources.

    1. External

    2. Internal

    1. Internal source: Promotion

    2. External source: Employee recommendation

    Advertisement employment exchange campus interview in

    rare cases professional institute are consulted.

  • 7/30/2019 24489_Makaon_Final2_[1]

    36/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    3. For supervisor post they are going for advertisement

    contact with employment exchange and for technically specialized

    person professional instate are consulted.

    4. Mainly three type of recruitment is there

    5. Permanent recruitment

    6. Temporary recruitment

    7. Apprenticeship

    Recruitment

    Campus Walk in Interview Through reference Websites

    Naukari.com

    Monster.comTimesjob.com

  • 7/30/2019 24489_Makaon_Final2_[1]

    37/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    TRAINING AND DEVELOPMENT

    It means the act of increasing skills and knowledge of employee forparticular job. It is an application of knowledge.

    To work accurately and perfectly organization must have welltrained

    staff and experienced people. Training is an essential part of the orientation

    program for new recruits at Makson group of companies it selected employees

    are trained appropriately. Then the investment made by the Makson group of

    companies in recruiting the employee might not give the expected results or

    benefits.

    1. Main objectives of training

    2. Improving employee performance

    3. Updating employee skills

    4. Avoiding Managerial obsolescence

    5. Retaining and motivating employees

    6. Creating an efficient and effective organization

    Methods

    On the job Training Off the job Training

  • 7/30/2019 24489_Makaon_Final2_[1]

    38/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    WAGES AND SALARY ADMINISTRATION

    In Makson wages and salaries distributed for workers and staff on the 7thof each month salary is provided by Cheque the employee can apply for

    advance on 22nd of preceding month. It employee takes a loan from company

    the amount of interest is deducted directly from the salary.

    There are three grades for salary distribution:

    1. Executive

    2. Staff / Supervisor

    3. Workers

    ADD: Salary + Daily Allowance + General Allowance

    LESS: P. F + E. S. I + Installment if loan is taken

    = Total

    Allowance may be of dearness allowance house rent, washing allowance,

    night shift, leave travel assistance etc.

    A part from this company provides convergence charges as.

    13 litter petrol, 650 ml Oil, Rs. 65 maintenance charge for moped and 18

    litter petrol 900 ml Oil and Rs 75 maintenance for scooter.

    Consider the factor like:

    1. Profit

    2. Keep in match future condition

    3. Regional pattern of wages and salary

    4. Keep in mind the substitutes of wages and salary.

  • 7/30/2019 24489_Makaon_Final2_[1]

    39/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    INTRODUCTION

    In modern money oriented economy may be defined as provision ofmoney of the time it is required.

    The first aspect to be attended to is the estimation of how much money a

    business organization requires and for what purpose in the second place it is to

    be seen how much the amount estimated for meeting the business requirement

    should be raised having reused the capital required from the most dependable

    sources. The management will now have to take care of the proper utilization of

    funds.

    The finance of management will have particular responsibility:

    1. Ensuring a fair return on investment

    2. Generating and building up surplus

    3. Planning directing and controlling the utilization of fund

  • 7/30/2019 24489_Makaon_Final2_[1]

    40/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    ORGANIZATION STRUCTURE OF FINANCE

    The responsibility for financial management re-spread throughout the

    organization in the sense that financial management is to an extent an integral

    part of the job for the manager involved in planning allocation of resources and

    control finance management is highly specialized in nature and is handed by

    specialist financial decisions are very important. it is therefore essential to set up

    an efficient organization for financial management function.

  • 7/30/2019 24489_Makaon_Final2_[1]

    41/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    FINANCIAL PLANNING

    Financial planning is pre-requisite for the smooth functioning financedepartment and for the purpose of growth and expansion of business activates.

    There are two types of financial plan:

    1. Long term financial planning

    2. Short term financial planning

    The term financial plan are formulated for the expansion of business for

    starting new units for developing new products for modernization of the unit

    and for the purpose of sales of fixed assets.

    The share term financial plans are formulated for the smooth functioning

    of the day to day business operation for the payment of miscellaneous expenses

    like salary wages etc. Expenses or losses also for meeting unexpected expense

    or losses

    At Makson they have planning about long term as well as short term

    financial planning short term financial planning is for monthly planning and

    long term planning is for yearly planning. Financial planning and decision

    making are undertaken at central level decision are made in the contest of

    organization objectives.

    In Makson short term planning are major function of account department

    they make available the case in flow for day to day operation from the banks

    from bank of India (46%), Central syndicate (26%), state bank of India there is

    a limit of cash flow of Rs. 50,000. They sent a cash flow before one month

    according to expression of requirement of each department and they have to

    prepare a report on cash utilization for every 10 days and sent to the head office.

  • 7/30/2019 24489_Makaon_Final2_[1]

    42/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    In the cash of long term financial decision is taken from the head office

    only few planning of long term are handing by account department of

    Surendranagar site.

    1. Estimating the amount of capital to be raised

    2. Determining the from and proportionate

    3. Having down the policies as to the administration of the plans

  • 7/30/2019 24489_Makaon_Final2_[1]

    43/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    SUGGESTION

    The Makson is contract base company and that is contract with manycompanies so I suggest to him to increase your plant in Parma product because I

    analyze your company and look it some companies manager are said to your

    production manager to produce my companies product and stop another

    companies production.

    Some training regarding the attitude of employee towards employee and

    also towards their respective head can improve upon the motivational level of

    employees. Training can be with respect to human resource.

    Process of motivation

    Opportunity

    Environment

    Need and

    Satisfaction Tension Effort Performance

    Goals and

    Incentive

  • 7/30/2019 24489_Makaon_Final2_[1]

    44/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    According to Ivan Paviov you have to use the classical conditioning c

    learning theory and operant conditioning.

    There is also a need found for some increase of salary at every level in

    the organization because it has been that the satisfaction level with regards to

    the salary paid is low.

    Company should find some other way for performance appraisal because

    many employees have complained that the paper work done for performance

    appraisal is much and the results are not up to the mark.

    To management should think upon providing more facilities towards the

    development of employees i.e., self development on an overall basis.

    Working conditions can also be improved upon.

    Need of batter arrangement of raw materials that's you can get more store

    raw materials

    Please provide full information in your web site

  • 7/30/2019 24489_Makaon_Final2_[1]

    45/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    CONCLUSION

    From the findings of the research it can be concluded thatIn Makson there are many reasons that an employee is motivated to say in

    the organization such as the family type of atmosphere good working conditions

    as well as the support from their colleagues as well as the management staff.

    But the compensation or the salary paid is not a motivating factor for the

    employees so this can be looked upon.

    Report also concludes that the person over the age of 40 are satisfied and

    wish to stay in the organization because of several reasons such as less mobility

    and also dependency on the organization due to lack of other skills.

    But the young technocrats do not prefer to stay for a long time in Makson

    and the major factor for this is the salary paid. They find every other thing

    satisfactory but not satisfied with the compensation so to retain such talented

    young and energetic staff it is observed that a great need for updates in

    compensation structure is needed.

    Lastly Makson carries out an extra ordinary amount of welfare activities

    programs and services for its employees which are highly appreciated by them

    and also this play a major role in retaining the employees.

    Today Makson group of companies continues its journey. Leveraging on

    its 'low cost, high intellect' advantage foraying into new markets and new

    business taking on new challenges and growing stronger and more capable Each

    failure and each success renewing the sense of purpose and helping the

    company evolve.

  • 7/30/2019 24489_Makaon_Final2_[1]

    46/46

    Makson Pharmaceuticals (I) Pvt. Ltd. For more project visit techshristi.com

    BIBLIOGRAPHY

    REFRENCE BOOKS: I. M. Pandey Financial management Ninth Edition, Vikas publishing

    house private limited, New Delhi.

    Prashanna Chandra: "Financial Management", 5th Edition, TATA MC

    Graw Hill publishing company Ltd., 2004

    Human Resource management, Biju verkery

    Cost Accounting By Paresh Shah

    WEB SITES:

    www.makson.com

    www.maksongroup.com

    www.maksoneng.com

    www.maksonpharma.com

    http://www.makson.com/http://www.makson.com/http://www.maksongroup.com/http://www.maksongroup.com/http://www.maksoneng.com/http://www.maksoneng.com/http://www.maksonpharma.com/http://www.maksonpharma.com/http://www.maksonpharma.com/http://www.maksoneng.com/http://www.maksongroup.com/http://www.makson.com/