Professional Documents
Culture Documents
PROJECT REPORT
ON
THE PREFERENCE
FOR
IMITATION
JEWELLERY
IN PARIAL FULFILLMENT OF
REQUIRMENT FOR A RESEARCH
METHODOLOGY COURSE OF FOURTH
YEAR M.B.A. OF K.S. SCHOOL OF
BUSINESS MANAGEMENT FIVE YEARS
INTEGRATED PROGRAMME.
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Acknowledgment
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Our research study bears the imprints of many
people. We sincerely feel that we would not have been
able to conduct this research without help of our research
guide Mr.Kaushik Trivedi for providing us an
opportunity to be involved in practical study of research
methodology.
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Now-a-days, lots of people are fond of TV serials.
Mostly females are crazy about daily sops. People
observe each and every moment of this daily sops with
interest. Females watch daily sops, talk daily sops, eat
daily sops. While watching TV serials people observe
what TV stars wear, how they talk, what they eat, etc.
Executive Summery
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Now-a-days, Imitation Jewellery can be a good
topic to be discussed upon. Considering the importance
of the jewellery on the overall personality of a person, we
conduced a project on one segment of jewellery i.e.
Imitation Jewellery.
Table of Content
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Sr. No. Particulars Page No.
1. Introduction to Research 8
2. Introduction to Imitation Jewellery 11
3. Questionnaire 15
4. Market Survey 18
5. Analysis of data 25
6. Testing of hypothesis 27
7. Limitations 31
8. Conclusion 33
9. Bibliography 35
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What is Research?
According to C. R. Kothari, “A careful investigation
or inquiry specially through search for new facts in one
branch of knowledge”.
Research Methodology:
Research Methodology is a way to systematically
solve the research problem. It may be understood as a
science of studying how research is done scientifically.
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research results are capable of being evaluated either by
the researcher himself or by others.
Research Objective: Do daily sops the most
influencing factor for demand of Imitation
Jewellery?
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Introduction to Imitation Jewellery:
Jewellery is every woman’s best friend and yet, whether
you agree or not her worst enemy. Why enemy? The answer is
simple; the price tag just makes her shun away the thought of
owning Jewellery. But then this is the case with expensive
Jewellery set in gold or real diamond. After all anything genuine
does come with a price tag. While real jewelry may not be
affordable, an absolutely wallet friendly option is Imitation
Jewellery. This is available in a wide range from junk Jewellery
to the gold- coated jewelry. It is far cheaper than anything
genuine. The gold coated or gold plated Jewellery look so real
that anyone would think you have paid a packet for it.
Not only gold, but also even diamonds are available in its
cheaper option called American Diamonds. These are actually
pieces of glass that are polished and cut in a way to give the
sheen and look of a diamond. American diamond Jewellery cost
less than half of what actually diamonds cost.
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What is Imitation Jewellery?
Imitation Jewellery is the most easily accessible Jewellery
today. Other than the trend of real Jewellery, Imitation Jewellery
is fast catching up across fashion scene. The biggest advantage
of Imitation Jewellery is its cost. Earlier people use to consider
Imitation Jewellery as cheap Jewellery. But today it is
considered to be a great fashion style statement.
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metal finish. There is a rhodium shine on the earring, to make it
more durable.
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A Market Survey on Consumers’ Preference of
Imitation Jewellery
N.B. 1) Please tick (√) the boxes for “YES” and leave the boxes blank for “NO”
answer.
2) The information in the survey will be kept confidential and will be used
only for the purpose of study.
Name: ________________________________________
Age Group:
Below 25 25-40
40-60 60 & above
Occupation:
Student
Housewife
Service
Professional
Businessman
Other ____________
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Imitation
If you use imitation jewellery then continue with Section-I
otherwise go to section-II
Section-I
Section-II
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THANK YOU FOR YOUR CO-OPERATION
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1)
Gender
180
80%
160
140
120
100
80
60
20%
40
20
0
male female
Gender Total
Male 40
Female 160
2)
Age group
90
40%
80
35%
70
60
50
20%
40
30
20
5%
10
0
below 25 25-40 40-60 60 & above
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60 & above 10
3)
Occupation
100
45%
90
80
70
30%
60
50
40
30
10%
20 8% 7%
10
0
Student House wife professional Service Businessman
Occupation Total
Student 60
House wife 90
professional 16
Service 20
Businessman 14
4)
Income group
100
43%
90
80 38%
70
60
50
40
30 13%
20 6%
10
0
below 10000 10000-20000 20000-30000 30000-& above
20
5)
Do you use Jewellary?
200
92%
180
160
140
120
100
80
60
40
8%
20
0
YES NO
6)
Preferance of different types of Jewellary
120
53%
100
42%
80
60
40
20
5%
0
Gold & silver Real Diamond Imitation
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7)
Factors affecting buying behavior of Imitation Jewellery
50
45%
45
40
35
30
25 22%
20
17% 16%
15
10
5
0
Low price Fashion/Daily sops Attractive Designs Vast varities
Factors affecting
buying behaviour Total
Low price 22
Fashion/Daily sops 44
Attractive Designs 17
Vast varieties 15
8)
Sources of awareness about the trend
45 43%
40
35
29% 28%
30
25
20
15
10
5
0
Daily sops Friends & relatives Retailers
Sources Total
Daily sops 42
Friends &
relatives 28
Retailers 28
22
9)
Events
60
57%
50
40
35%
30
20
10 8%
0
Festival Femily function Othrer
Events Total
Festival 56
Family function 34
Other 8
10)
Types of jewellery liked from daily sops
40
35 36%
30
25%
25
20
18%
13%
15
8%
10
5
0
Necklace Earring Bracelets Rings Bengles
Types Total
Necklace 25
Earring 35
Bracelets 13
Rings 17
Bangles 8
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11)
Preferance of Original Jewellery
40
42% 40%
35
30
25
20
18%
15
10
5
0
Status symbol Quality Other
Preference Total
Status symbol 36
Quality 34
Other 16
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Analysis of data:
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1) χ² Test:
Ho: Income is independent to the preference of
Jewellery.
Imitation
Income Group Gold Diamond Jewellery Total
O
Below 10000 i 21 1 47 69
Ei 28.88 3.38 36.75
O
10000-20000 i 38 2 40 80
Ei 33.48 3.91 42.61
O
20000-30000 i 13 3 9 25
Ei 10.46 1.22 13.32
O
30000 & above i 5 3 2 10
Ei 4.18 0.49 5.32
Total 77 9 98 184
Ei = 69*77/184
= 2.15
χ² = Σ (Oi-Ei)
Ei
= 2.15+1.68+2.86+0.61+0.93+0.16+0.62+2.60
+1.40+0.16+12.86+2.07
=28.10
D.F. = (r-1) (c-1)
= (4-1) (3-1)
=6
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income level has significant influence on preference of
jewelleries.
2) χ² Test:
Ho: Income and events on which Imitation Jewellery is
purchased are independent.
Family
Income Group Festivals Functions Other Total
O
Below 10000 i 21 14 4 39
Ei 22.29 13.53 3.18
O
10000-20000 i 27 15 2 44
Ei 25.14 15.27 3.59
O
20000-30000 i 6 3 1 10
Ei 5.71 3.47 0.82
O
30000 & above i 2 2 1 5
Ei 2.86 1.73 0.41
Total 56 34 8 98
Ei = 39*56/98
= 22.29
χ² = Σ (Oi-Ei)
Ei
= 0.07+0.02+0.21+0.14+0.005+0.70+0.015+0.06
+0.04+0.25+0.04+0.85
=2.40
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Here, χ²cal < χ²tab. So Ho is accepted. Therefore, income
and events on which Imitation Jewellery is purchased are
independent in other words; income level does not have
significant influence on events when imitation jewellery
is purchased.
3) Z Test:
Ho: p=0.50 (50% people get to know about the trend in
Imitation Jewellery by daily sops)
H1: p<0.50 (less than 50% people get to know about the
trend in Imitation Jewellery by daily sops)
p=42/98 = 0.429
Z= p-P
√p*q/n
= 0.429-0.50
√0.429*0.571/98
= -0.071
√0.245/98
= -0.071
0.05
= -1.42
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Scope and Limitation of the research
The research is guided by logical reasoning and it is
structured with the steps that go in accordance with the
well defined set of rules.
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3) During the survey some of the respondents showed
lack of interest in giving requisite information.
4) Taste and preferences of people are keeps on
changing.
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Conclusion:
Finally, we would like to conclude our project on
the ground that, through this research we have been able
to explore deeper insights into the topic and have been
able to extract the essential elements that are to be taken
care while concluding a research.
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6) There is no significant relationship between income
level and events at which imitation jewellery is
purchased as per Chi-square test.
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Bibliography
Webography
www.google.com
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