Академический Документы
Профессиональный Документы
Культура Документы
SUBMITTED BY
SAIM ALI SHAIKH
POWAI.
DECLARATION
STATEMENT BY CANDIDATE
As required by university ordinance, I wish to state that the work embodied in this report of
undergone internship forms of my own contribution to the research work carried out under the
guidance of Mr Amritesh Mishra .
The said work has not been submitted for any degree of this or any other university.
However, references has been made to previous works of others.
Signature of Candidate
ACKNOWLEDGEMENT
First of all the researcher would like to convey his deepest gratitude towards the almighty and
other supportive people for making this report possible with their effort, knowledge and patience.
Without them preparing this report would not have been possible. The beloved almighty and
other people stood back with me very strongly and positively and made the thing happened.
The researcher would like first and foremost acknowledge Prof. Amritesh Mishra for giving this
privilege to annualize and conceptualize the report.
Further the researcher is obliged to the guiding professor in charge for timely guidelines and
direction to meet the aims of the report.
Table of Content
Sr N.o
Content
Page N.o
Introduction
1-9
10-12
13-16
Type of Ownership
17-23
Structure Of Organisation
24-25
Work Culture
26-37
Product Portfolio
38-50
Internship Report
51-52
Meaning Of Organization:
Organization is the foundation upon which the whole structure of management is built.
Organization is related with developing a frame work where the total work is divided into
manageable components in order to facilitate the achievement of objectives or goals. Thus,
organization is the structure or mechanism that enables living things to work together. In a static
sense, an organization is a structure or machinery manned by group of individuals who are
working together towards a common goal. Alike management, the term organization has also
been used in a number of ways.
An organization is a social arrangement which pursues collective goals, controls
its own performance, and has a boundary separating it from its environment.
The word itself is derived from the Greek word organon, itself derived from the better known
word ergon.
The broader analysis of organizations is commonly referred to as organizational studies, behavior
etc.
According to Keith Davis, Organization may be defined as a group of individuals, large or
small, that is co operating under the direction of executive leadership in accomplishment of
certain common object.
TYPE
PRIVATE
INDUSTRY
DISTRIBUTOR
FOUNDED
2014
FOUNDERS
PARVEZ KHAN
HEADQUATERS
MUMBAI
AREA SERVED
KEY PEOPLE
REVENUE
1.8 CRORES
EMPLOYEES
100
S.K Marketing is a distributor of Maybelline New York that uses network marketing to sell
variety of products , primarily beauty and cosmetics. The firm was founded in the year 2014 by
Nasir Khan. Based in Mumbai, Maharashtra the company reported sales growth of 2% reaching
1.8 crores for the year ending March 31st 2015.
The firm offers product lines which are offered by Maybelline New York. It includes wide
variety of products such as for Eyes it offers Eye Liners, Eye Brow, Eye shadow, Kajal,
Mascara.etc. For face it provides BB Creams, Blush, Concealer, Powder, Foundation, Remover.
Etc. For Lips it offers Lip Balm, Lipsticks, Lip liner. Etc. For Nails it offers Nail colours.
Maybelline New York - From a small, family-owned business to the number one
cosmetics company in America, Maybelline New York takes trends from the catwalk
to the sidewalk, empowering women to make a statement, explore new looks, and
flaunt their own creativity and individuality. Inspired by confident, accomplished
women, Maybelline gives you scientifically-advanced formulas, revolutionary
textures
and
up-to-theminute,
trendsetting
shades
effortlessly,
affordably,
beautifully.
The Maybelline Company was created by a 19-year-old entrepreneur named Tom Lyle Williams
in 1915. Maybelline has released several new products, including 'Eye Studio' collection for eye
products, 'Fit Me' collection for foundation/facial products, and new 'Color Sensational' shades
for lips. Currently, Maybelline is the Official Makeup Sponsor of Mercedes Benz Fashion Week.
In 1991, the company adopted its advertising slogan (Maybe she's born with it.) Maybe it's
Maybelline. which is still used today. The company was acquired by LOreal in 1996. Acquiring
Maybelline gave LOreal access to mass markets in cosmetics.
What does the Word S.K means? Its an abbreviations for SHAIKH AND KHAN.
Great companies start with great ideas, and S.K is no exception. Mr. Parvez Khan and Azra
Shaikh the two co founders of the firm earlier started their career as a sales executive in
cosmetics products of Lakeme. After working for 10 to 12 years in this field the two gained
enough knowledge about the cosmetics products and the cosmetics market in india and then they
decided to start their own distributorship of the company. SK marketing was started as a
partnership firm in the year 2014.
SK continued to grow under the co ownership of Mr.Khan and Miss Shaikh. The pair acquired
the distributorship of the company they had started as employees with.
The company is still thriving and still offers opportunityto individual who have the desire to own
a retail business.
SK has grown fairly and quickly since its inception.
VISION OF SK MARKETING:
MISSION OF SK MARKETING:
1. Through the partnering of retailers, employees, and the founding families and
the support of quality products and services, we offer all people the
opportunity to achieve their goals through SK Marketing Plan.
2. To facilitate best business opportunities.
3. To deliver high quality products to semi urban and urban homes in diverse
areas of personal care and cosmetics.
GOAL OF SK MARKETING:
BUSINESS OPPORTUNITY:
STRENGHT:
1.
2.
3.
4.
Training to staff
Organize meetings and events time to time.
Have good customer service system.
Quality products that inspire confidence.
WEAKNESS:
OPPORTUNITES:
THREATS:
1. Change in government policy may affect to the profit and freedom of the firm
2. Competitors like Kulsum Marketing, and substitute brand products of
Maybelline new York creates strong marketing competition in the market.
10
KEY COMPETITOR
KULSUM MARKETING
11
Starting with a single product a nail enamel unlike any before it the three founders pooled
their meager resources and developed a unique manufacturing process.
Since 1932, Revlon has developed a long-standing reputation as a trendsetter in the world of
cosmetics, skin care, fragrance, and personal care.
Revlons vision is to provide glamour, excitement and innovation through quality products.
Being distributor of Revlons KULSUM Marketing offers variety of cosmetics as well as health
care products.
The firm is distributor of Faces.
FACES products are globally acclaimed and are available at attractive price points in all its
markets from North America to India. The wide assortment of shades, textures and designs helps
the FACES consumers capture every look and style, right from casual to professional to
glamorous.
12
POINTS
S.K MARKETING
KULSUM MARKETING
Incorporated
Distributorship
SK
Marketing
distributorship
of
Marketing
was
owns Kulsum
Marketing
owns
New York
Faces
Annual Turnover
Activity
Directors
13
The Objective of this internship were mainly to study the Financial activities of an organization,
but there are some more and they are:
1. The main purpose of our study was to render a better understanding of financial
concepts.
3. To measure the financial activities of the firm by analyzing various methods and
applying Book Knowledge.
Industrial End:
1. Suitability:
Writing an accurate position as and description is an important part of the recruitment process. It
describes the primary tasks involved as well as the core competencies required to perform the
role.
14
2. Consistency
A good recruitment and selection policy will also require that hiring managers use predetermined criteria at all stages of the recruitment process, thereby reducing the risk
of bias or discrimination.
It should be noted that treating everyone consistently does not always imply fairness. If a
candidate is at a disadvantage for any reason (i.e. has a disability), you may need to take their
individual circumstances into account, so they are given an equal opportunity to present their
case.
3. Legality
Privacy and equal opportunity legislation require that the recruitment process is conducted in a
fair and transparent manner.
A candidate may have recourse to legal action if they feel they have been discriminated against,
so impartiality is not only the right thing to do.
Privacy laws also require that a candidates application is treated confidentially. Penalties apply
if breaches occur, so here as well, a good recruitment and selection policy helps to protect the
organizations best interests.
4. Credibility
Some are placed by organizations wishing to build up a talent pool or to simply to test the
waters and see whats out there.
5. Transparency
By requiring transparent procedures at every step, the recruitment and selection policy ensures
that all stakeholders in the recruitment process (HR, department head, line manager etc) are able
to follow the process and be confident of the outcome.
15
LEARNING OBJECTIVES
How are the concepts I have read about in textbooks applied in practice?
What theories, ideas, or concepts might be applied in my career area?
Skill Development
What new skills will I learn or hope to learn during the internship?
Some skills you may have the chance to develop include: operating office or computer
equipment; handling a variety of situations simultaneously; organizing or analyzing data,
records, or budgets; or improving teamwork, writing, and speaking abilities.
Assignments and work environment will determine the types of skills developed.
16
Personal Development
How will I benefit personally from the internship experience? During your internship, make a
special effort to observe the personal style of supervisors and colleagues.
Be able to identify clear examples of leadership styles that either promote good working
relationships or hinder a productive work environment.
Note how to deal with pressure, tension, and praise in work relationships.
It is important to understand how to communicate knowledge to strangers, supervisors, and
peers.
Be aware of when to speak and when to listen. Try to understand the employers organizational
chart (formal or informal). What is a typical career path? What sort of education and experience
is normally required in each line of work?
What can you learning about laws, taxes, and fringe benefits that are important to employees in
this field? What grievances are there? What are the personal satisfactions and rewards? Try to
obtain knowledge of job opportunities available in this field. Become familiar with occupational
literature and professional organizations.
17
S.K Marketing
18
STOCKS
19
PREMISES
20
Type of Ownership
A Business ownership should be structured according to the needs of the owners and potentially
liability that the business could incur.
S.K Marketing is a Partnership firm:
S.K Marketing is partnership firm owned by
Mr.Parvez Khan and Azra Shaikh. It was formed in 2012 by these two. It is registered and
authorized distributors of Maybelline New York.
51% of Capital of the firm is owned by Mr Parvez Khan.
49% of Capital of the firm is owned by Miss Azra Shaikh.
Persons who are entered into partnership with one another to carry on a business
are individually called Partners, collectively called as a Partnership Firm.
A partnership firm is not a separate legal entity distinct from its members. It is
merely a collective name given to the individuals composing it. Hence, unlike a company
which has a separate legal entity distinct from its members, a firm cannot possess
property or employ servants, neither it can be a debtor or a creditor. It cannot sue or be
sued by others. It is only for the sake of convenience that in commercial usage terms like
firms property, employee of the firm, suit against the firm and so on are used, but
in the eyes of the law that simply means property of the partners, employees of the
partners and a suit against the partners of that firm.
It is relevant to state that for the purposes of levy of taxes, a partnership firm is
an entity quite distinct from the partners composing it and is assessable separately. But
for all other laws, they are treated as the same because a partnership firm does not have a
separate legal entity of its own.
21
The different types of business ownership are:
1) A Corporation:
The most significant benefits to forming a corporation is that it limits the
owners personal liability for business dents and any court judgments against the
business. A corporation is an independent legal and tax entity. This sets it apart from other
types of businesses. The owners do not use their personal tax returns to pay tax on
corporate profits because the corporation itself pays these taxes. Any money drawn from
the corporation in the form of salaries, bonuses, etc is paid by the owners in their personal
income tax returns.
2) Limited Liability Corporations:
Limited Liability Corporations provide their owners just that, limited personal
liability for business debts and claims. However, LLCs resemble partnerships when it
comes to taxes. The owners of an LLC pay taxes on their shares of the business income
on their personal tax returns. This type of organization is good for business owners who
either could be sued by customers run the risk of piling up a lot of debt have substantial
personal assets they want to protect.
3) Sole Proprietorships:
A Sole Proprietorship is a form of private sector enterprise that is owned,
managed and controlled by an individual entrepreneur. This type of business organization
is also called one man business or Individual proprietorship or Individual
Entrepreneurship and owner of the business is commonly called the Sole Proprietor or
Sole trader. Sole Proprietorship is a form of organization having only one owner. The
word proprietor means owner and sole means single. It is the oldest and simplest form of
organization.
22
Sole Trader invests his own capital into the business and manages all the
business. The full control of business rests in him. He bears the entire risk and derives the
total benefits. He may engage in any business he chooses without much legal formalities,
unless he wishes to engage in certain types of business requiring licences e.g. if a man
wishes to open general stores, he may do so, if he can find good location and have
sufficient money for that business. On other hand, to open a medical store, he will have to
obtain a licence from Government authorities.
4) Nonprofit Corporations:
A nonprofit corporation is a corporation formed to carry out a charitable ,
educational, religious, literary or scientific purpose. A nonprofit can raise much needed
funds by receiving public and private grant money and donations from individuals and
companies. The federal and state governments do not generally tax nonprofit corporation
on money they make that is related to their nonprofit purpose, because of the benefits
they contribute to society.
5) Cooperatives:
Some people dream of forming a business of true equals. An organization
owned and operated democratically by its members. These grassroots business organizers
often refer to their business as a group, collective or co-op but these are usually
informal rather than legal labels. For example, a consumer co-op could be formed to run
a food store, a bookstore or any other retail business. Or a workers co-op could be
created to manufacture and sell arts and crafts.
23
6) Private Corporation:
A business that is a legal entity created by the state whose assets and
liabilities are separate from its owners. While there are also public corporations whose
stocks are traded on a public stock exchange. Most small business are started as a private
corporation. A private corporation is owned by a small group of people who are typically
involved in managing the business. Forming a corporation requires developing a legal
document called the Articles of Incorporation and submitting them to the state in which
the corporation wishes to reside. Advantages of a corporation include limited liability. An
owner can only lose up to the amount he/ she invested, unlimited lifespan. A corporation
is charted to last forever unless its articles of incorporation state otherwise, great sources
of funding; and case of transfer of ownership. Disadvantages include double taxation.
The corporation, as a legal entity, must pay taxes, and then shareholders also pay taxes on
any dividends received.
24
Organization Structure
Director
Sales Manager
Supply Chain
Manager
Finance
Manager
Operation
Manager
Warehouse
Manager
Marketin
g
Manager
Marketin
g
Executiv
e
GT Sales
Manager
MT Sales
Manager
Chief
Accountant
Delivery
Manger
Sales
Supervisor
s
Salesmen
Sales
Supervisors
Salesmen
PGs
IM/EX
Manager
Accountant
s
HR Manager
HR Staffs
25
ORGANZATIONAL OUTLOOK
MANAGING DIRECTOR
OTHER DIRECTORS
GENERAL MANAGER
MARKETING MANAGER
FINANCE MANAGER
ESTABLISHED IN
2012
26
WORK CULTURE OF ORGANIZATION
Organizational culture encompasses values and behaviors that "contribute to the unique social
27
employees.
Communication: The Communication between the departments and between the
higher level and the lower level management is excellent. There is no type of
28
1) Finance Manager:
He is responsible for financial matters in the organization. He assesses the financial needs
of the organization and sources of the finance. He should be an expert in the field of
financial management. He should know different tools used in the financial management
ratio analysis, fund flow analysis, cash flow analysis, Budgeting etc. All these are
necessary to prepare a sound financial policy for the organization. He is also responsible
for financial planning, raising necessary fund, controlling the use of funds, appropriation
of profits etc. Other function include financial forecasting and planning, procurement of
funds, investment decision, management of income, management of cash, deciding upon
borrowing policy, negotiating for new financing, analysis and appraisal of financial
performance, advising the top management, co-coordinating and control, helping in
valuation decisions, and tax administration.
2) Accounts Manager:
He is responsible for keeping the details of day book, ledger and P.F registers. Moreover,
he should record and maintain all the details of the sales tax calculation and related
documents and produce them on demand.
3) Marketing Manager:
He is in charge of the marketing department of the organization. The marketing
department aims to increase the turnover of the organization, market share, profitability
of the organization. The marketing manager should be tactful. He should know marketing
concepts like product mix, price mix, distribution mix etc. He should be knowing the
strength and weakness of the firms products. He is also able to design and implement
market strategies to enhance turnover and capture new markets.
29
4) Human Resource Manager:
A human resource manager occupies a very important position in an organization. The
duty of the human resource manager is to recruit and develop Personnel required by the
30
Functional Department
1) Finance Department:
General Manager
Finance Manager
Branch Manager
Finance department is headed by finance manager. Finance manager reports to the General
Manager and in certain strategy and urgent issues directly report to managing director and take
decisions. Finance Manager works in the coordination with chief accountant, marketing
manager, branch managers.
Sources of Finance:SK Marketing find sources of finance through banks and other private financial institutions. As it
is a partnership firm, the partners contribute their funds to make capital requirements and other
expenditure with the help of banks and financial institutions. SK marketing deals all finance
requirement with State Bank of India.
Companys Financial Policies: Low cost of operation of funds.
31
Efficient receivable management, through acceleration of funds.
Faster sourcing of funds from institutions.
Functions of Finance Department:Finance function is concerned with all aspects of business operations. It is very difficult to set
limits to the finance function. The key activities under finance department are:
Management of firms assets structure.
Financial analysis, planning and control.
Management of firms financial structure.
2) Accounts Department:
Accounts department deals with day to day book keeping, daily collection, salaries of all
employees, etc. Accounts department is headed by chief accountant. He is assisted by
four assistant accountants. In each production centers and marketing branches have an
accountant and cashier which does daily function at the places.
Chief accountant works in coordination with finance manager, on the fund flow
issues and in case of any shortage of cash occurs. Finance manager canalized the shortage
from financial institutions in case of emergency and normal cases, chief accountant
tightness the payment collection from the whole sellers and other sources.
32
Other main function of accounts department is tax payments. They deal with the
central sales tax, K VAT, excise and other department. Monthly returns are prepared by
the accounts department.
3) Marketing Department
Marketing department is entrusted with the function of planning and executing the
conception, pricing, promotion and distribution of ideas goods and services, to create
exchanges that satisfy individual and organizational boards. In simple terms the
marketing function is catered around the customer and his needs.
Marketing Manager
Branch Manager
Sales
Executive
Representatives
33
Marketing Policy:
As SK Marketing is Distributor Company , billing is directly done to the wholesalers and
retailers. In case of other state sales, its a one through the branch offices. SK marketing has its
own online site named nyaka.com, by which the customers can directly connect to the company.
In the case of logistics the supply of products is done through company owned feet vehicles.
Some policy followed with inter-state also.
34
Functions of Marketing Department in SK Marketing:
The major functions are explained below:
1) Demand Forecasting
2) Marketing Research
3) Marketing Control
1) Demand Forecasting:
Demand forecasting is the main function of marketing in SK Marketing. It should be
done through sales force in the company such as sales representatives, sales
executives etc. by collecting information from the customers. On the basis of this
information demand forecasting is to be done.
2) Marketing Research:
Marketing research is more comprehensive composing all the function of a marketing
manager that is it covers product, price, sales, market, promotion, distribution
policies. It commonly says that marketing research begins where manufacturing ends.
The main objective of market research are:
To know buyers.
To measure the impact of promotional efforts.
To know consumer response.
To know market costs and profits.
3) Marketing Control:
Various tools used for marketing control are cost control and a market share analysis.
Cost control is one task, for monitoring the cost of marketing and it is compared with
planned cost standard, so as to identify deviations and take corrective action. Market
share analysis is also used for marketing control.
36
Objectives of Marketing:
The basic objectives of marketing are to satisfy human wants. The important
objectives of marketing are briefly explained below:
1. Customer Satisfaction through Quality Products
37
PROMOTION
In S.K Marketing promotion is done in the case of sale of products, in the case of dealers and in
the case of sale force.
38
Product Portfolio
EYES
BROW
Step up your Brow game right now, with ultimate game changer in brow
beauty.
BEFORE
AFTER
39
Brow Precise Fiber Volumizer delivers full and colored brows in a few easy
strokes.
40
Ready for the new brow perfection? Up your game with our first brow pencil to
create perfect, naturally-shaped brows.
41
Sculpt, tame, and master perfectly bold brows in one, sweeping move with our
first pomade crayon.
42
EYELINER
Whether you want sleek and straight, smokey and smudged or your own personal
twist on all of the above, the MNY Liner Gallery has something for everyone.
43
44
Sleek, defined, and on point. Master the most precise eye looks with our alwayssharp gel liner.
45
FACE
46
BB CREAM
CONCEALER
47
48
LIPS
Let your lips do the talking. This is your canvas to express yourself from vivid, bold looks, to matte fi nishes to custom blurred shades.
Go subtle, go LOUD. We have all the lipsticks, lip balms, and lip
liners you could ever need. Find your choice cherry red lip, pick a
perfect jelly gloss, swipe on a creamy matte, or treat your lips to the
best lip balms that heal, protect, and beautify.
LIPBALM
49
LIPCOLOUR
50
LIPGLOSS
LIPLINER
51
INTERNSHIP REPORT
JOB PROFILE
Worked as Finance Executive Trainee
RESPONSIBILITIES:
WORK DONE:
I worked in finance Department as a executive trainee, where I;
OTHER DETAILS:
REPORTING OFFICER:
Name ProfileDepartment.
Mehnaz Shaikh