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SUBMITTED BY
MS. KASIS MUNNA SONI
ROLL NO. 230415040 / TY B.M.S (SEM VI)
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Ref. No ICLES’MJ-(Sr./Jr.)/2023 -2024 Date:
BMS Semester VI has undertaken & completed the project work titled
academic year 2023 – 2024 under the guidance of Ms. Prof. KUMUDINI
BHOSALE Submitted on
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DECLARATION
I Undersigned KASIS SONI, declare that the work embodied in this project titled
own contribution to the research work carried out under the guidance of PROF
KUMUDINI BHOSALE is a result of my own research work and has not been
previously submitted to any other university for any other degree/diploma to this or any
other university. Wherever references has been made to previous works of others, it has
been clearly indicated as such and included in the bibliography. I, hereby further declare
that all information of this document has been obtained and presented in accordance with
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ACKNOWLEDGEMENT
To list who all helped me is difficult because they are so numerous and the depth is so
enormous. I would like to acknowledge the following as being idealistic channels and
fresh dimension in the completion of this project. I take this opportunity to thank the
University of Mumbai for giving me a chance to do this project. I would like to thank
Principal Dr. Poonam Singh & Vice Principal Dr. Namrata Desai for providing the
necessary facilities required for completion of this project. I take this opportunity to thank
our Coordinator Prof. Minu Singh, for her moral support and guidance. Lastly I would
like to thank each and every person who directly or indirectly help me in the completion
of the Project, especially my Parents and Pears who supported me throughout my Project.
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EMPLOYEES SATISFACTION IN RELIANCE INDUSTRIES LTD
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SR NO. DESCRIPTION PAGE NO.
1. CHAPTER-1 8
INTRODUCTON
➢ Abstract summary 9
➢ Objective of the study 10
➢ Scope of the study 11
➢ Limitations of the study 12
➢ Conceptual model 13
➢ Hypothesis 14
EMPLOYEES SATISFACTION
1.1 Meaning 15
1.2 Importance of employee satisfaction 16
1.3 Methods of employees satisfaction 17
1.4 Factors affecting employees satisfaction 19
2. CHAPTER 2 21
LITERATURE REVIEW
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SR NO. DESCRIPTION PAGE NO.
3. CHAPTER-3
RESEARCH DESIGN
3.1 Types of research
• Sample size
• Sample method
5 CHAPTER-5
6 CHAPTER-6
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ANNEXURE: QUESTIONNAIRE 67-71
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BIBLIOGRAPHY 71
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CHAPTER- 1
INTRODUCTION
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ABSTRACT SUMMARY
Employee satisfaction refers to the extent to which employees are satisfied, pleased,
and getting what they want and need from their jobs. Numerous studies confirm that
employee satisfaction has a role in employee motivation, goal attainment, and a
positive work environment. Employee satisfaction essentially serves as a measured
for how satisfied employees are with their employment and workplace. A culture that
promotes employee satisfaction should be present in effective organization. Because
happy employees are more likely to produce more, take fewer vacation days, and
remain loyal to the Company, maintaining strong employee morale may be extremely
beneficial for any corporation. The Maintenance or improvement of high employee
satisfaction depends on a variety of factors.
But first, it’s crucial to measure how satisfied the employees are. Therefore, the goal
of this research is to evaluate employee satisfaction at Reliance Industries and how it
affects staff retention. The different approaches that one can raise employee happiness
are also covered in this study. This research also deals the various ways by which one
can improve employee satisfaction.
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OBJECTIVES OF THE STUDY
The main aim of the study is to study about the Employees Satisfaction in Reliance.
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SCOPE OF THE STUDY
14
LIMITATIONS OF THE STUDY
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CONCEPTUAL MODEL
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HYPOTHESIS
H1: Learning and career development has a positive relationship with employees
retention.
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Employee Satisfaction
Meaning
Employee satisfaction refers to the extent to which employees are satisfied and are
achieving the things they desire and require from their jobs. The most important
aspect of employee satisfaction is that happy employees must perform their duties and
contribute in the ways that the job expects.
The Human Capital sector uses the broader word “employee satisfaction” to refer to
how content or satisfied employees are with factors like their jobs, their working
environments, and the organizations they work for. Many organizations use frequent
surveys to measure employee satisfaction and track satisfaction patterns over time
because it’s one of the main metrics that can assist measure an organization’s overall
performance. A high degree of satisfaction indicates that employees are satisfied with
their company’s treatment towards employees.
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Importance of employees satisfaction
• Organizational Commitment:
A satisfied employee will find it simple to live both inside and outside the firm.
Employee commitment and organizational commitment appear to be strongly
correlated. Higher commitment may ultimately lead to increased production.
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• Low Absenteeism:
• Low Turnover:
Rating Scales:
The most often used technique for assessing job satisfaction is a rating scale. It
consists of a few sentences that describe how the employees feel about their jobs, the
Company, and other personal aspects. The employee is asked to provide feedback for
each declaration or statement using a scale with various expressions.
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Minnesota Satisfaction Questionnaire:
Weiss, Dawis, England, and Lofquist created the Minnesota Satisfactio Questionnaire
(MSQ) (1967). The MSQ is intended to measure an employee’s level of satisfaction
with a certain position. The MSQ gives a detailed picture of the particular employee
satisfaction and dissatisfaction.
Critical incidents:
Herzberg and his associates created the critical incidents approach to measuring
employee’s satisfaction while conducting research on the two-factor theory of
Motivation. Employee’s descriptions of incidents were analyzed afterward to identify
which elements were most strongly correlated with both positive and negative
sentiments.
Interviews:
Organization who value their connections with employees and feel that the issue is
too complex to be comprehended through a poll will find that interviewing employees
is the most effective method for measuring employee satisfaction. Employees may not
be completely honest in their answers if they don’t trust the company or the
interviewer.
Survey:
A well-designed employee satisfaction survey is the most reliable way to measure
employee satisfaction. A series of questions or remarks about their job, supervision,
and work environment are rated by employees. The anonymity provided by survey
results at the business unit or workgroup level encourages employees to provide
truthful responses.
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FACTORS AFFECTING ON EMPLOYEE SATISFACTION
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• Work Task Factor:
The Work Task Factor has a significant impact on employee satisfaction. Workers are
happy in jobs that require brains, skills, abilities, difficulties, and opportunities for
more freedom. By addressing job stress, motivation, and balance, this element
significantly increases employee satisfaction. A sense of boredom, a lack of variation
in the tasks, difficulties, and failures all contribute to dissatisfaction.
One of the most significant elements that affects employees’ satisfaction is this
component, which has to do with an employee’s career progression inside an
organization. It takes into account elements like the promotion policy and the route
for career progress. It also includes elements like an employee’s work performance
inside the organization and their training and growth. Promotion can be viewed as a
great life achievement. More salary, responsibility, power, independence, and status
are promised and delivered as a result. The level of employee satisfaction is
determined by promotion.
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CHAPTER- 2
LITERATURE REVIEW
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ABOUT THE COMPANY
One of India’s largest employers, Reliance Industries Limited, keeps hiring even as it
considers launching new businesses in a variety of industries. Reliance Foundation
invests approximately 1022 crores in Corporate Social Responsibility (CSR)
initiatives to improve lives. It dabbles in a variety of charitable endeavours, including
those related to sports, education, and health.
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COMPANY’S HISTORY
1958–1980
The partnership expired in 1965, and Dhirubhai carried on the company's polyester
business. In Maharashtra, Reliance Textile Industries Pvt. Ltd. was established in
1966. It changed its name to Reliance Industries Limited on May 8, 1973. The
business entered the textile industry in 1975, and "Vimal" went on to become its
flagship brand. In 1977, the business conducted its initial public offering (IPO). The
business merged in 1979 with a Sidhpur Mills textile enterprise. With financial and
technical assistance from E. I. du Pont de Nemours & Co., the company expanded its
polyester yarn business by establishing a Polyester Filament Yarn Plant in Patalganga,
Raigad, Maharashtra.
1981–2000
Reliance Industries Ltd. replaced Reliance Textiles Industries Ltd. as the company's
name in 1985. The business increased its installed capacity for making polyester yarn
between 1985 and 1992.
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The integrated petrochemical complex at Jamnagar, Gujarat, the largest refinery in the
world, was built between 1998 and 2000.
2001 and later reliance Industries Ltd. and Reliance Petroleum Ltd. overtook each
other as the two biggest businesses in India in 2001 based on all significant financial
metrics. Reliance Petroleum and Reliance Industries amalgamated in 2001–2002.
India's largest gas discovery in over three decades was reported by Reliance in 2002.
The second-largest petrochemicals firm in India, Indian Petrochemicals Corporation
Ltd. (IPCL), was acquired by RIL in 2002–2003 from the Indian government. The
Vadodara Plants of IPCL were acquired by RIL and given the new name Vadodara
Manufacturing Division (VMD). When IPCL and RIL combined in 2008, the
manufacturing facilities in Nagothane and Dahej became a part of RIL.
The corporation reorganized its operations in 2005 and 2006 by dividing its
investments in telecommunication services, financial services, and power generation
and distribution into four distinct organizations.
Reliance launched its retail store model in 2006 under the brand name "Reliance
Fresh," breaking into the organized retail industry in India.
With the acquisition of Infotel Broadband Services Limited in 2010, Reliance joined
the broadband services sector.
Reliance and BP formed a collaboration in the oil and gas industry the same year.
In order to build a butyl rubber factory in Jamnagar, Gujarat, RIL formed a joint
venture with the Russian company Sibur in 2017. The project is expected to be
operational by 2018.
For its consumer operations and mobile phone services in the e-commerce industry,
Reliance added Fynd in August 2019.
Reliance Industries Limited (RIL) announced on August 18, 2021, that it had closed
its manufacturing facilities in Nagothane, Maharashtra.
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ABOUT COMPETITORS
1. ONGC
The Ministry of Petroleum and Natural Gas, Government of India, is the owner of the
Oil and Natural Gas Corporation (ONGC), a key public sector enterprise in India. Its
main office is in Dehradun. On 14 August, 1956, the Indian government established
ONGC. It is the largest government-owned oil and gas explorer and producer in the
nation and produces over 84% of India’s natural gas and about 70% of its crude oil,
which corresponds to around 57% of the nation’s total consumption.
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2. Indian Oil
The Department of Petroleum and Natural Gas, Government of India, owns Indian Oil
Corporation Limited, a key public sector enterprise in India. Its main office is in New
Delhi. The Exploration of Oil Gas is in charge of overseeing the activities of this
public sector undertaking. In 2022, Indian Oil is listed as the 142nd largest corporation
in the world on Fortune Global 500 list.
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Vi for Telecommunication
1. Vi
Vodafone Idea, also known as Vi or simply V!, is an Indian telecom provider with
offices in Gandhinagar and Mumbai. It is a GSM operator that covers the entire
country of India and offers service on 2G, 3G, 4G, 4G+, VoLTE, and VoWiFi. With
245.62 million subscribers as of October 31, 2022, Vi is the third-largest mobile
telecommunications network in India and the eleventh-largest mobile
telecommunications network worldwide. In order to build a new firm called Vodafone
Idea Limited, Idea Cellular and Vodafone India merged on August 31, 2018.
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Flipkart, DMART for Retail
1. Flipkart
Flipkart Private Limited is an Indian e-commerce business. Before expanding out into
other product categories like consumer electronics, fashion, household staples, food,
and lifestyle goods, the company initially concentrated on online book sales.
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2. DMART
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SWOT ANALYSIS
STRENGTH
1. Strong Company with Low Debt: We already knew that Reliance Industries, with
significant funding from top corporations like Google, Facebook, Intel, and so forth,
will emerge stronger in 2020, during the world’s darkest period ever.
2. Strong Brand: The first privately held Indian company to be included on the
Fortune 500 Global is RIL. No matter what industry it operates in, Reliance Industries
is a fundamentally stronger firm.
3. Significant Market Share: Reliance Industries dominates the market across all
industry sectors.
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WEAKNESSES
1. Legal actions: Since Reliance Industries owns an oil firm that numerous social
activists are suing for environmental harm; it is more open to legal action.
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OPPORTUNITIES
3.. RIL can easily create the chemicals needed for batteries because they are already
in the petrochemical industry.
4. Enhancing Jio: RIL should concentrate on bug fixes and enhancements to prevent
widespread bugs that are reported.
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THREATS
1. Government regulations: As laws and policies become more stringent, this poses
a serious danger to businesses' ability to expand.
2. Competition: In the telecom industry, Airtel now offers a serious threat to Reliance
Jio, while Adani Group's entry into the petrochemicals industry could have an impact
on Reliance Industries.
3. Climate: At this point, climate change is regarded as one of the worst tragedies that
humanity has ever experienced.
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CHAPTER- 3
RESEARCH DESIGN
37
3.1 Type of research:
Descriptive research
Descriptive research can be defined as a description of the current condition of
Affairs, with the researcher having no control over the variables. Furthermore,
“descriptive studies can simply be defined as attempts to determine, describe, or
Identify what is, whereas analytical research tries to establish why it is that way or
How it can be.”
3.2Research method:
Survey and Questionnaire
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Convenience sampling (also known as grab sampling, accidental sampling, or
Opportunity sampling) is a type of non-probability sampling that involves the Sample
being drawn from that part of the population that is close to hand. This is The method
used in this research.
Rating techniques graphs, pie charts and other data analysis tools are employed. The
individual respondent is given the questionnaire and particular effort has been made to
make him or her feel at ease so that he or she can answer all of the questions. This
strategy is used to obtain objective results.
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CHAPTER-4
CLASSIFICATION AND
TABULATION OF DATA
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Q.1 Age
Options Percentage
20-30 55.10%
30-40 34.70%
Above 40 10.20%
Q.2 Gender
Options Percentage
Male 43%
Female 55%
Prefer not to say 2%
Q.3 Qualification
Options Percentage
HSC 6.2%
Undergraduate 20.4%
Postgraduate 61.2%
Other 12.2%
Options Percentage
4-5 hours 20.4%
5-8 hours 38.8%
8-9 hours 38.8%
Other 2%
Q.5 Are you satisfied with the job requirements in your current role?
Options Percentage
Yes 73.5%
No 8.2%
Sometimes 18.4%
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Q.6 Do you get opportunity to develop your skills?
Options Percentage
Yes 69.4%
No 10.2%
Sometimes 18.4%
Never 2%
Options Percentage
Yes 69.4%
No 8.2%
Sometimes 22.4%
Options Percentage
1-6 months 30.6%
1-3 years 42.9%
4-5 years 26.5%
Options Percentage
Yes 91.7%
No 8.3%
Options Percentage
Yes 65.3%
No 6.2%
Sometimes 28.6%
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Q.11 Are you able to achieve a work-life balance in your current role?
Options Percentage
Yes 65%
No 10%
Sometimes 23%
Never 2%
Options Percentage
Yes 87.8%
No 12.2%
Q.13 Are you happy with your specific job role and job requirements?
Options Percentage
Yes 67.3%
No 10.2%
Sometimes 22.4%
Never 1%
Options Percentage
Yes 63.3%
No 6.3%
Sometimes 30.6%
Options Percentage
Yes 61.2%
No 2.1%
Sometimes 36.7%
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Q.16 Do your employee benefits meet your expectations?
Options Percentage
Yes 89.8%
No 10.2%
Q.17 Are you happy with the amount of recognition you receive?
Options Percentage
Yes 61.2%
No 12.2%
Sometimes 26.5%
Never 1%
Options Percentage
Yes 73.5%
No 8.2%
Sometimes 18.4%
Q.19 Does your company offer adequate opportunities for promotions and career
development?
Options Percentage
Yes 83.7%
No 16.3%
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CHAPTER- 5
DATA ANALYSIS
45
Q.1 Age
60.00%
50.00%
40.00%
30.00%
55.10%
20.00%
34.70%
10.00%
10.20%
0.00%
20-30 30-40 Above 40
20-30 30-40 Above 40
INTERPRETATION:
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Q.2 Gender
2%
43%
55%
INTERPRETATION
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Q.3 Qualification
70
60
50
40
30 61.2
20
10 20.4
12.2
6.2
0 0 0 0 0 0
HSC Undergraduate Postgraduate Others
INTERPRETATION
48
Q.4 Designation
INTERPREATATION
49
Q.5 What are your working hours?
45
40 38.8 38.8
35
30
25
20 20.4
15
10
5
2
0
4-5 hours 5-8 hours 8-9 hours Other
INTERPRETATION
50
Q.6 Are you satisfied with your job requirements in your current role?
SOMETIMES 18.4
Yes
No
NO 8.2 Sometimes
YES 73.5
0 20 40 60 80
INTERPRETATION
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Q.7 Do you get opportunity to develop your skills?
NEVER 2
SOMETIMES 18.4
NO 10.2
YES 69.4
INTERPRETATION
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Q.8 Are you happy with your working environment?
100
69.4
50
0 8.2
22.4
Yes
No 1.2
Sometimes
INTERPRETATION
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Q.9 How long you have been working in reliance?
50
45
42.9
40
35
30 30.6
25 26.5
20
15
10
5
0
1-6 months 1-3 years 4-5 years
INTERPRETATION
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Q.10 Do you feel connected with your peers or manager?
91.7
100
80
60
40
20 8.3
0
Yes No
INTERPRETATION
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Q.11 Are you pleased with your performance?
70
60
50
40 65.3
30
0
20 0
0 0
10 0 0
28.6 0
0 6.1 0
Yes
No 0
Sometimes
INTERPRETATION
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Q.12 Are you able to achieve a work-life balance with your current role?
2%
23%
10%
65%
INTERPRETATION
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Q.13 Do you feel interested and excited about your job?
100
90 Yes, 87.8
80
70
60
50
40
30
20
10 No, 12.2
0
Yes No
INTERPRETATION
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Q.14 Are you happy with your specific job role and job requirements?
INTERPRETATION
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Q.15 Do you feel like you have an impact on the organization?
SOMETIMES 30.6
NO 6.3
YES 63.3
INTERPRETATION
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Q.16 Do you get new creative ideas often at work?
INTERPRETATION
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Q.17 Do your employee benefits meet your expectations?
100
90 89.8
80
70
60
50
40
30
20
10 10.2
0
Yes No
INTERPRETATION
62
Q.18 Are you happy with the amount of recognition you receive?
Never
1
Sometimes
26.5
No
12.2
Yes
61.2
0
20
40
60
80
INTERPRETATION
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Q.19 Are you inspired to be your best self at work?
100% 0 0 0
90%
80%
70%
60%
50%73.5 8.2 18.4
40%
30%
20%
10%
0% 0 0
Yes No Sometimes
INTERPRETATION
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Q.20 Does your company offer adequate opportunities for promotions and career
development?
90
0
80
70
60
50
83.7
40
30
20
0
10 16.3
0 0 0
Yes No
INTERPRETATION
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CHAPTER -6
FINDINGS,
RECOMMENDATIONS AND
SUGGESTIONS
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FINDINGS
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RECOMMENDATIONS AND
SUGGESTIONS
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CHAPTER- 7
ANNEXUER: QUESIONNAIRE
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ANNEXURE: QUESTIONNAIRE
RELIANCE
AGE
20-30
30-40
Above 40
Gender
Male
Female
Prefer not to say
Qualification
SSC
HSC
Undergraduate
Postgraduate
Other
Designation
BIBLIOGRAPHY
Websites referred;
➢ http://www.ril.com
➢ http://www.ongcindia.com
➢ http://iocl.com
➢ http://www.flipkart.com
➢ http://www.myvi.in
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➢ http://www.dmart.com
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