University Project: Solving Managerial Issues at Jocil Limited
VerifiedAdded on 2023/06/04
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Project
AI Summary
This managerial project delves into the operational and managerial issues faced by Jocil Limited, an Indian public limited company specializing in Stearic Acid Flakes, Fatty Acids, and refined glycerine. The project identifies key problems such as decreasing brand value due to outsourcing, high raw material costs, and the use of outdated technology. A comprehensive literature review highlights the impact of outsourcing on product quality and efficiency, while the research methodology employs a deductive approach with positivism philosophy and descriptive design. Primary data is collected through employee interviews and surveys, complemented by secondary data from sales reports and financial statements. The project presents a detailed analysis of the collected data, revealing opportunities for Jocil Limited in product diversity and market positioning. Limitations of the research include the lack of identified organizational risks and weaknesses in business strategies, suggesting directions for future research to analyze threats and trigger organizational expansion. The research concludes with recommendations aimed at improving Jocil Limited's overall performance.
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