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A Study on Customer Preference Toward Cements Product with Reference of the Ramco Cements Ltd

Sheik Faraaz Ahmed, Khadeeja Bilquees A.

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Journal of Social Welfare and Management 15(3):p 247-250, September-December 2023. | DOI: https://doi.org/10.21088/jswm.0975.0231.15323.17

How Cite This Article:

Khadeeja Bilquees A., Sheik Faraaz Ahmed/A Study on Customer Preference Toward Cements Product with Reference of the Ramco Cements Ltd/J Soc Welfare Manag. 2023;15(3)(II):247–250.

Timeline

Received : July 11, 2023         Accepted : October 04, 2023          Published : December 25, 2023

Abstract

In 2021, the value of the worldwide cement market was US$ 344.5 billion. Looking ahead, IMARC Group projects that the market will grow at a CAGR of 6.1 percent from 2022 to 2027, reaching US$ 488.4 billion. We are continually monitoring and evaluating the direct and indirect impact of the pandemic on various end - use sectors while keeping in mind the uncertainties associated with COVID-19. According to the study's findings, these observations constitute a major factor in market contribution. Researchers who want to assist business managers with their strategic planning and decision - making have always been interested in customer preferences. Modeling the customers' multicriteria decision making (MCDM) is an efficient technique to analyse their preferences. However, many conventional methods fall short because they can't consider numerous factors simultaneously. In this chapter, we use the Coquet Integral aggregation function technique and introduce the Rfm tool tool box, a newly created tool box for preference analysis. We show how this tool box may be used to learn about the preferences that influence traveller's hotel choices by focusing on a case study of the Singapore hotel business. Researchers and managers worldwide are anticipated to gain from the newly introduced technique and produced tool kit to execute more effective business management. A study on cement product preferences concerning Ramco Cement Ltd. Data were gathered through 120 customer use structure questionnaires from diverse customer users at Ramco Cements because the study is a descriptive research design. The study's findings show a correlation between respondents' gender and Regarding Ramco Cement.


References

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Data Sharing Statement

There are no additional data available. All raw data and code are available upon request.

Funding

This research received no funding.

Author Contributions

All authors contributed significantly to the work and approve its publication.

Ethics Declaration

This article does not involve any human or animal subjects, and therefore does not require ethics approval.

Acknowledgements

We would like to express our gratitude to the patients, their families, and all those who have contributed to this study.

Conflicts of Interest

No conflicts of interest in this work.


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Cite this article

Khadeeja Bilquees A., Sheik Faraaz Ahmed/A Study on Customer Preference Toward Cements Product with Reference of the Ramco Cements Ltd/J Soc Welfare Manag. 2023;15(3)(II):247–250.


Licence:

Attribution-Non-commercial 4.0 International (CC BY-NC 4.0)

This license enables reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, and only so long as attribution is given to the creator.


Received Accepted Published
July 11, 2023 October 04, 2023 December 25, 2023

DOI: https://doi.org/10.21088/jswm.0975.0231.15323.17

Keywords

Multi Criteria Decision MakingCorrelationPreference Analysis

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Timeline


Received July 11, 2023
Accepted October 04, 2023
Published December 25, 2023

licence


Attribution-Non-commercial 4.0 International (CC BY-NC 4.0)

This license enables reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, and only so long as attribution is given to the creator.


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