MBA PROJECT REPORT
In any industry various types of equipment are installed and various types of material used so, we need of their spare. For reducing the production losses & problem solving in minimum time.
If we found the problem but we don’t have any spare then there is a big time loss & production is also very affected.
In this my project shows how material is managed properly in an organization for better production & organization growth.
Today is changing dynamic field to functional area of management of increasingly important as compared to other fields. Information in life is important as any research report, which keeps the management in minimizing the risk & uncertainty through systematic decision-making.
“Research is a systematic & objectives for analysis of information relevant to the identification & solution of any problem in any field.”
Research comprises defining & redefining problems, formulating hypothesis or suggested solutions, collecting, organizing & evaluating data, making deduction & reaching conclusions to determine whether they the formulating the hypothesis.
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Research seeks answers to certain questions which have not been answered so far & which depend upon human efforts. It seeks to only those questions of which the answer can be given based on this data.
Research is devoted to find the condition under which a certain phenomenon occur & the conditions under which it does not occur in similar circumstances. The term research
contains of two words Re+ Search. “Re” means again & “Search” means to find out something new. Thus, research is the process of which a person observes the phenomena again & again collects the data & based on data he draws conclusion. This is clear by the following:-