Project 1
Project 1
Project 1
CHAPTER-1
INTRODUCTION
After moving their head office and factory to Shinagawa, Tokyo, they successfully
produced and launched a power megaphone and completed the first magnetic tape recorder
prototype that was produced and launched in early 1950 and called the G-Type. In the
early 1950’s Ibaka traveled to the United States and came across Bell Labs’ invention of the
transistor. He negotiated with Bell to license the transistor technology to his company
intending to apply it to communications, while most American companies were looking
formilitary applications. In 1955 they launched Japan’s first transistor radio, the TR-55.
While they were not the first to produce the transistor radio, they were the first to
make it commercially successful as the product took off in Canada, Australia, the
Netherlands and Germany as well as within Japan and continued to be a good seller till the
sixties. In 1957 Totsuko produced the TR-63 model, the smallest transistor radio in
commercial production at the time, which was a worldwide success, ultimately cracking open
the American market and launching the new industry of consumer electronics. One year later,
in January of 1958, they changed the company name to Sony Corporation.
One year later, in January of 1958, they changed the company name to Sony
Corporation. The name Sony was chosen as a mix of two words. One, the Latin word
“Sonus”, the root of sonic and sound, and the other “Sonny” the familiar colloquial term used
in America at the time to call a boy. The Sony Corporation of America (SONAM) was
established in the United States in 1960, and they became the first Japanese company to offer
shares in the United States in the form of American Depository Receipts on the OTC market
of the New York Stock Exchange in 1961.Their shares became listed on the NYSE in 1970.
Sony Television, Sony TV, or Sony HD may refer to any of the following
television-related products from Japanese conglomerate Sony:Television sets designed and
manufactured by Sony Corporation in Japan
Trinitron, television hardware brand (1968-2008)
Bravia (brand), television hardware brand (2005-present)
Sony WEGA, television hardware brand (1975-2005)
Sony Watchman, pocket television line (1982-2000)
REVIEW OF LITERATURE
o DEEPIKA. A (2017) establishes that the objective of all customer satisfaction models
is to provide results that are relevant, reliable, valid and have predictive financial
capability. Customer satisfaction research should be done with greatest care. One
satisfied customer will spread thousands of positive news among the society. For this
purpose, the company is suggested to take some necessary step to consider the above
mentioned suggestion and it will automatically improve both customer’s satisfaction
and sales volume of Philips product.
o Berry and Parasuraman (1991) define as, “the consumer's response to the evaluation
of the perceived discrepancy between prior expectations (or some other norm of
performance) and the actual performance of the product/service as perceived after its
consumption”.
o Shahram Jenabi, Seyed Yahya Seyed Danesh and Minoo Yousefi (2013) made a study
titled, “Examining the effect of Brand dimension (trademark) on home appliances
consumers' behavior Case study:LG brand in Rasht city”,tells that one of the most
important and valuable assets of a company is its trademark. The more valuable is a
trademark for consumers more profit the company achieves
OBJECTIVES OF THE STUDY
o To determine the major factors influencing the buying decisions of the customer.
o To know customer problems and opinions about Sony products.
o To analyze the level of satisfaction towards Sony products.
o To understand the buying behavior of the customer.