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Organizational Study of Wenoxo Technologies

Wenoxo Technologies PVT LTD is an IT solutions company located in Nagercoil, India that provides services such as mobile app development, web development, and digital marketing. As a leading IT solutions provider, they have developed over 40 projects for 50 customers and provided internships to 300 students. Their team consists of designers, developers, and analysts who work to deliver customized digital solutions that meet clients' unique needs and drive business growth.

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0% found this document useful (0 votes)
84 views42 pages

Organizational Study of Wenoxo Technologies

Wenoxo Technologies PVT LTD is an IT solutions company located in Nagercoil, India that provides services such as mobile app development, web development, and digital marketing. As a leading IT solutions provider, they have developed over 40 projects for 50 customers and provided internships to 300 students. Their team consists of designers, developers, and analysts who work to deliver customized digital solutions that meet clients' unique needs and drive business growth.

Uploaded by

Rabisha.R 5027
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

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.

1
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.

4
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.

6
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.

7
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.

10
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.

21
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
36

Common questions

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Wenoxo Technologies fosters a collaborative working environment through participative leadership where employees and managers communicate freely and regularly exchange ideas. This open communication aids self-development and motivates employees to perform better . The company also maintains a culture of treating employees equally, offering flexible working hours, and encouraging learning opportunities .

Inter-departmental cooperation at Wenoxo Technologies contributes to its business objectives by ensuring seamless coordination across different departments such as HR, accounting, and technical teams . This coordination fosters efficiency, improves problem-solving capabilities, and enhances the quality of services delivered, directly aligning with the company's goal of providing high-quality, innovative IT solutions and maintaining strong client relationships .

The secured and advanced infrastructure of Wenoxo Technologies plays a crucial role in its operational efficiency by supporting flexible and innovative IT solutions which are key strengths of the company . This reliable infrastructure enables the completion of online client projects effectively, thus ensuring client satisfaction through consistent service delivery and high-quality product design .

Wenoxo Technologies faces economic opportunities such as the potential increase in innovative designs and the introduction of additional firms to enhance customer satisfaction . Conversely, threats include the possibility of client dissatisfaction after service delivery due to limited design options and the high cost of inputs and maintenance which could affect the company's competitiveness .

Exposure to real-world problems is critical for interns at Wenoxo Technologies because it provides the opportunity to apply theoretical concepts in practice, enhancing communication skills and understanding of workplace dynamics. This experience is invaluable as it bridges the gap between academic learning and practical organizational functioning .

Leadership at Wenoxo Technologies is participative, allowing open communication and idea exchange between employees and managers. This approach empowers employees by making them part of the decision-making process, fostering a culture of trust and collaboration that is conducive to innovation. Such a leadership style encourages creativity and problem-solving, which aligns with the company's mission to drive technological advancement through cutting-edge solutions .

Suggested strategies for Wenoxo Technologies include expanding their business, using employee feedback to improve relationships, adopting modern technology, and encouraging employee innovation . Implementation could involve strategic planning for business expansion, initiating regular feedback sessions to address staff concerns, investing in the latest technologies to enhance product offerings, and creating innovation forums where employees can pitch and develop new ideas collaboratively .

Wenoxo Technologies' comprehensive approach to employee welfare, including health benefits, flexible work hours, and professional development initiatives, is likely to enhance employee satisfaction and productivity. By creating a supportive work environment, the company boosts employee morale and retention, fostering a stable workforce that contributes to consistent company performance and prepares Wenoxo for long-term growth by cultivating a skilled and motivated team .

The strengths of Wenoxo Technologies include its flexible and innovative approach, secured infrastructure, limited competition in the area, the ability to undertake client projects online, highly visible website, and excellent product design . The weaknesses identified are the failure in software performance and limited flexibility in pricing .

Wenoxo Technologies' mission is to empower innovation through exceptional software solutions, while its vision is to be a globally recognized leader in software development, driving technological advancement through cutting-edge solutions . These guiding principles impact their business strategy by focusing on delivering high-quality and innovative IT solutions, aligning internal goals with global standards, and focusing on customer satisfaction to achieve sustained growth .

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