AN ORGANIZATIOAL STUDY ON WENOXO
TECHNOLOGIES PVT LTD, NAGERCOIL
By
RABISHA R
[Link]
961219635027
A PROJECT REPORT
Submitted to the
FACULTY OF MANAGEMENT STUDIES
In partial fulfillment of requirements
For the award of the degree
Of
MASTER OF BUSINESS ADMINISTRATION
ANNA UNIVERSITY
CHENNAI-600 025
AUGUST 2023
Loyola INSTITUTE OF TECHNOLOGY AND SCIENCE
THOVALAI, KANYAKUMARI
CERTIFICATE
This is the certificate that the project entitled “A ORGANIZATIONAL STUDY
WENOXO TECHNOLOGIES PVT LTD, NAGERCOIL” is done by RABISHA R (Reg.
No: 961219635027) Student of Master of Business administration during the academic year
2022 - 2023 is submitted for the evaluation on ……………………
Internal Examiner External Examiner
DEPARTMENT OF MANAGEMENT STUDIES
Loyola INSTITUTE OF TECHNOLOGY AND SCIENCE
THOVALAI, KANYAKUMARI
CERTIFICATE
This is the certificate that the project entitled “AN ORGANIZATIONAL STUDY
ON WENOXO TECHNOLOGIES PVT LTD, NAGERCOIL” is done by RABISHA R
([Link] 961219635027) Student of Master of Business administration during the academic
year 2022 - 2023 is submitted for the evaluation on ……………………
Signature of the Guide Signature of HOD
Mrs. D. Lilly Evangeline [Link] ME, MBA.,
Assistant Professor, Assistant Professor,
Department of Management Studies, Department of Management Studies,
LITES, Thovalai LITES, Thovalai.
ACKNOWLEDGEMENT
First, I am very grateful to God Almighty who helped me to complete the project work
and I acknowledge with sincere gratitude to all those helped me to do the project.
I am grateful to our chairman [Link] for giving me the opportunity to
do my MBA in this prestigious Institution.
I am more obliged and wholeheartedly thank the principal [Link] for
giving me this great opportunity and encouraging me to successfully complete this project.
I am very much thankful to [Link] BRIGHT, Director Department of
Management Studies who was encouraging and inspiring me improve my interpersonal and
helped me to complete my project.
I sincerely thank to [Link], Head of the Department, Management Studies
who has been the source of encouragement by providing me to undertake the project and I
express my deepest thanks to her valuable guidance throughout the project.
I also thank all the Faculty Members of the Department of Management Studies,
Loyola Institute of Technology and Science, Thovalai, for their support.
My sincere thanks to my guide Mrs. [Link] EVANGELINE, Assistant Professor,
Department of Management Studies, for being a great source of inspiration and support.
My heartfelt gratitude to all the employees in the organization for providing valuable
information for the study.
I am very much thankful to my Parents, Family Members and my Friends for their
encouragement and support to finalize this report.
RABISHA R
DECLARATION
I hereby declare that the project report titled “AN ORGANIZATIONAL STUDY
ON WENOXO TECHNOLOGIES PVT LTD, NAGERCOIL” submitted in partial
fulfillment for the award of Master of Business Administration, of the Anna University,
Chennai, is a record of independence research work, carried out by the guidance of Mrs. D.
Lilly Evangeline, Assistant professor, Department of Management Studies, Loyola Institute of
Technology and Science. I also declare that this project report is the result of my own effort and
has not been submitted earlier for the award of any Degree/Diploma or Associate ship of Anna
University or any other University.
Place:
Date: Signature
ABSTRACT
Training is a learning experience in that it seeks a relatively permanent change on an
individual that will improve the activity to perform on the job. It involves the changing of skill,
knowledge, attitudes or behavior. It may mean changing what employees know, how they work,
their interactions, with their co-workers or supervisor.
This study is mainly based on the details collected from each department available in
WENOXO TECHNOLOGIES PVT LTD, NAGERCOIL. It provides a better understanding
at the financial level of each department i.e., Human Resources, Accounting and BDM.
Apart from that the researcher will gain knowledge of the functioning of different
departments and their inter relationships with each other. This report will be helpful for the
company in order to find their weakness and build up their strengths.
From the training of WENOXO TECHNOLOGIES PVT LTD, NAGERCOIL, I
understand the functions and features of this company. This company is improving their
goodwill and they are giving job opportunities to so many people. The talented employees are
the strength of the company’s growth. It provides me a good exposure to the working.
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TABLE OF CONTENTS
CHAPTER TITLE PAGE NO
1 INTRODUCTION 3
2 INDUSTRY PROFILE 5
3 COMPANY PROFILE 9
4 ORGANIZATIONAL CHART 13
5 DEPARTMENTS 15
6 SWOT ANALYSIS 26
7 PURPOSE OF STUDY 29
8 FINDINGS 31
9 SUGGESTIONS 33
10 CONCLUSION 35
11 LEARNING EXPERIENCE 37
12 REFERENCE 39
2
CHAPTER 1
INTRODUCTION
3
INTRODUCTION
An internship is on the job training for many professional jobs, similar to an
Apprenticeship, more often taken up by college and university students during his
under graduate or master degree in their free time to supplement their formal
Education and expose them to the world of work.
Organizational functioning is the important factor of the organization to
achieve its desired goals and objectives. And it requires the cooperation from all
the levels of the organization for continuous functioning. This internship report
aims at understanding the functioning of companies at different departments.
The main purpose of this organizational study is to understand the working
culture of the organization and to apply theoretical concepts in real life situations at
work place for various functions of the organization.
The Training is scheduled for a period of 1 months and I did my training at
WENOXO Technologies PVT LTD, Nagercoil. Through this training I have
gained exposure to real world problems and issues that perhaps not found in
textbooks. Training helped me in communicating in a better way with people.
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CHAPTER 2
INDUSTRY PROFILE
5
INDUSTRY PROFILE
Wenoxo Technologies are ready to take on freelance projects and assist
you in enhancing your online presence. Wenoxo Technologies PVT LTD, a
leading IT solutions provider specializing in web and app development. With a
team of skilled developers and designers, we transform ideas into robust, user-
friendly digital experiences.
Whether you need a stunning website that captures your brand essence or
a custom mobile app that engages and delights your audience, we’ve got you
covered. Their expertise spans across various platforms and technologies,
ensuring seamless performance and intuitive user interfaces.
From concept to deployment, they work closely with their clients,
understanding their unique requirements to deliver tailor-made solutions that
drive business growth and exceed expectations.
Wenoxo Technologies PVT LTD, Nagercoil, is an IT solutions provider
and an IT based company and it deliver comprehensive and innovative solutions
to their clients. Its head office is located in 387, Joe Daniel Street,
Vetturnimadam, Nagercoil, TN, 629003.
They offer various services like mobile application development, Web
application development, Digital marketing, Software maintenance and support,
and Training and Development.
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They have developed many applications such as Bible Web applications,
Digital Business card, Food delivery application, Chat Box application. They have
successfully completed 40+ projects, fifty happy customers and nearly 300
students have completed internship program.
There are certain products that are under R & D are Bill Payment app,
Entertainment app, Robotics to students, E-learning platforms. The company has
five functional departments they are Administration, Accountant, Business
Analyst, technical, operation.
It provides various employee benefit activities like performance
improvement program, ESI and EPF, health insurances, office outing, flexible
work hours, professional development, maternity benefits, employee engagement
initiatives and their team consists of a project manager, UI/UX designer, team
lead, full stack developer, business analyst.
The company’s culture are they treat employees equally, flexible working
hours, friendly management and colleagues, dress code, learning opportunities,
enjoyment, discipline and work ethics etc.
The training & development, soft skill training, technical skills training, real
time work experience can gain real time experience.
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CHAPTER 3
COMPANY PROFILE
8
COMPANY PROFILE
CIN
U62099TN2023PTC161873
COMPANY NAME
WENOXO TECHNOLOGIES PVT LTD
COMPANY STATUS
ACTIVE
REGRISTRATION NUMBER 161873
COMPANY CATEGORY COMPANY LIMITED by SHARES
COMPANY SUBCATEGORY Non GOVT. COMPANY
CLASS OF COMPANY PRIVATE
DATE OF INCORPORATION July 12,2023
AGE OF COMPANY 4 months
ACTIVITY COMPUTER PROGRAMMING,
CONSULANCY AND RELATED
ACTIVITIES.
9
WENOXO TECHNOLOGIES was established in 2023, it is an IT solutions
providing service based company. The CEO of the company is Mr. Sajin and
director of the company is Mr. Yosuwa Raja. Wenoxo Technologies PVT LTD
having CIN U62099TN2023PTC161873 is a 4 month old private company
incorporated with MCA on July 12, 2023.
WENOXO TECHNOLOGES PRIVATE LIMITED is listed in the class of
private company and classified as Non – Govt Company. This company is
registered at Registrar of Companies (ROC), ROC Chennai with an authorized
share capital of rupees 1, 00,000 and paid-up capital is rupees 1,00,000. Its
registration number is 161873.
As per MCA records Wenoxo Technologies is involved in activities such as
Computer programming, consultancy and related activities.
MISSION
Empowering innovation through exceptional software solutions.
VISION
To be a globally recognized leader in software development, driving
technological advancement by delivering cutting-edge solutions that inspire and
transform businesses.
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CHAPTER 4
ORGANIZATIONAL CHARTS
11
ORGANIZATION CHARTS
MANAGING DIRECTOR
ZONAL MANAGER
HR TECHNICAL
ACCOUNTANT BDM
MANAGER
12
CHAPTER 5
DEPARTMENTS
13
HUMAN RESOURCE
DEPARTMENTS
14
HUMAN RESOURCE DEPARTMENT
Human resource management, HRM is the department of a business organization that
looks after hiring, management and firing of staff. HRM focuses on the function of people
within the business, ensuring that best work practices are in place at all times. It manages the
process of recruiting, selecting training, development and appraising the performance of
employees.
Hence this unit covers the number of employees, recruitment, salary training &
appraisal of employees.
NUMBER OF EMPLOYEES
An employee is an individual who was hired by an employer to do a specific job.
Employees are the backbone of the organization. They provide the skills and experience
required to keep productivity levels up. An employee is a person who is paid to work for an
organization. There are 11-50 employees are working in the company.
RECRUITMENT
Recruitment is the process of identifying the job vacancy, analyzing the job
requirements, reviewing applications, screening, short listing and selecting the right
candidate. It can also be defined as the process of finding and hiring the best and most
qualified for the job.
15
SALARY
A Salary is a form of payment from an employer to an employee, which may be
specified in an employment contract. It is contracted with piece wages where each job, hour,
or other unit is paid separately, rather than on a periodic basis.
The Salary rates of the employees are fixed on the basis of experience and work.
Yearly once the salary is incremented.
EMPLOYEES WELFARE MANAGEMENT
Sickness Benefit:
The Company provides Medical facilities to the employees. Ventilation: Ventilation is
an important working area in every industry without proper ventilation work cannot be
carried out in an effective way, it needs a cool atmosphere to carry on the production process.
Rest Rooms:
A Rest Room and Lunch Room are constructed inside the premises for use of the
workers who feel sick may approach take rest in the restroom. The benefits are provided to
reduce the continued work of the employees.
16
FINANCE DEPARTMENT
17
FINANCE DEPARTMENT
The Finance Department is the part of an organization that is responsible for
acquiring funds for the firm, managing funds within the organization and planning for the
expenditure of funds on various assets. It is the part of an organization that ensures efficient
financial management and financial control necessary to support all business activities:
● This is the most basic function of the finance department. It involves the day-to-day
recording, analysis and interpretation of a company's financial transactions. This will
include the tracking of all expenses.
● It is the duty of the finance department to manage all cash flows into and out of a
company and ensure that there are enough funds available to meet the day-to-day
running of the company.
● Financial reporting and analysis is the function that takes raw accounting entries and
transforms them into meaningful, usable and comparable financial statements. The
finance department contributes to organizational growth by measuring and reporting
on regular bases, key numbers that are vital to the success of the company.
18
BUSINESS DEVELOPMENT
DEPARTMENT
19
BUSINESS DEVELOPMENT DEPARTMENT
The BDM Department have a BDM manager, executive, Business analyst, Data
analyst, SEO analyst, product manager. The main goal of business development manager is
to set goals and develop plans for business and revenue growth. The business develop
manager research, plan and implement new target market initiatives.
BUSINESS EXECUTIVE:
A business development executive or a business development manager is a sales
professional who helps an organization to grow by identifying and developing new business
opportunities. Their duties include searching for new clients, finding new potential services to
offer, and helping the company expand to new markets.
BUSINESS ANALYST:
Business analysts are responsible for bridging the gap between IT and the
business using data analytics to assess processes, determine requirements, and deliver data-
driven recommendations and reports to executive and stakeholders.
DATA ANALYST:
Data analysts collect, organize and interpret statistical information to help
colleagues and clients use it make decisions. Data analysts gather and scrutinize data using
specialist tools to generate information that helps others make decisions.
20
SEO ANALYST:
The Search Engine Optimization (SEO) analyst will act as part of the SEO team,
implementing search engine optimization efforts to that keyword searches and organic search
engine traffic will funnel more visits to the website.
PRODUCT MANAGER:
A product manager is the person who identifies the customer need and the larger
business objectives that a person or feature will fulfill, articulates what success looks like for a
product, and rallies a team to turn that vision into a reality.
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CHAPTER 6
SWOT ANALYSIS
22
STRENGTH:
● Flexible and innovative
● Secured infrastructure
● Limited competition is the area
● Ability to do client projects online
● Highly visible website
● Excellent product design
WEAKNESS:
● Failure in software performance
● Limited flexibility in pricing
OPPORTUNITY:
● Increase in innovative designs
● Introduce number of firms that shows an approach to increase customer
satisfaction
THREATS:
● clients may be dissatisfied after providing services
● Only limited design options available in the company.
● High cost of inputs and maintenance
23
CHAPTER 7
PURPOSE OF STUDY
24
PURPOSE OF STUDY
The organization study was carried out in W E N O X O TECHNOLOGIES
Pvt Ltd. situated at Nagercoil is to achieve the following specific purposes:
● To study the overall performance of the organization.
● To familiarize with the organization structure and its functioning.
● To understand the performance measurement of employees and variousemployees
welfare activities and Training activities.
25
CHAPTER 8
FINDINGS
26
FINDINGS
● Company offer high quality services at reasonable price
● Good coordination among various departments.
● Satisfying the needs of the employees
● Good relationship between the management and its employees
● They provide products in High quality
● The company has got a very good infrastructure factor.
27
CHAPTER 9
SUGGESTIONS
28
SUGGESTIONS
● The company can adopt strategies that would result in lowering the wastage.
● The company has to expand their business.
● Make use of employee feedback for better relationships.
● The company has to adopt modern technology for the development.
● Organization can improve the working environment facilities.
● Organization can encourage the innovative ideas of the employees.
29
CHAPTER 10
CONCLUSION
30
CONCLUSION
In this internship an attempt was made to study about the organization, the various
departments in the organization and to secure practical knowledge regarding HR functions,
financial activities, the BDM departmental process etc., involved in WENOXO
TECHNOLOGIES PVT Ltd, NAGERCOIL. Organization can create a good bond between
the employees to remove the dissatisfactory thoughts of the employees towards the
organization.
31
CHAPTER 11
LEARNING EXPERIENCE
32
LEARNING EXPERIENCE
The study is done in an organization study of WENOXO TECHNOLOGIES PVT
LTD,NAGERCOIL. Learning would be complete only when theoretical concepts are put into
practice. It helped me to relate the theoretical concepts learnt in the classroom to
organizational functioning.
The learning experience gained by me during the organization training was very much
practical oriented. Through skills, I got to know employees are recruited and selected. The
leadership style in the WENOXO TECHNLOGIES PVT Ltd ,NAGERCOIL, is participative:
the employees and their managers communicate freely and regularly exchange ideas freely
with each other. This helps in the self-development of the employees and they are motivated
to perform better.
The strategies followed at WENOXO TECHNOLOGIES PVT Ltd, TUTICORIN are
well planned and well structured. The employees are well informed about the company's
strategy which helps them to achieve the company's goals and objectives.
33
CHAPTER 12
REFERENCE
34
REFERENCE:
[Link]
[Link]
[Link]
Aavin-Milk-Opposite-Max-Vetturnimadam
35
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