Socio-Economic Background of the Employees in MSN Laboratories Hyderabad

  • Prof. Dara Sheaba Rani Andhra University, Visakhapatnam.
  • Guntupalli Sri Ranjitha Studies, Andhra University, Visakhapatnam
  • Kundeti Venkatarattaiah Studies, Andhra University, Visakhapatnam
Keywords: Socio-Economic Hindus M.Pharamacy Family Financial position Food House Loan

Abstract

At the outset an attempt is made in this paper to discuss the socio-economic background of 380
respondents in Manne Satyanarayana Reddy Laboratories. The study reveals that a vast majority
of 86.6 per cent of the respondents are belonging to the age group of 20-39 years. A whopping
majority of 79.2 per cent of them are Hindus. The education list is topped by the M.Pharmacy
and P.G holders with 72.4 per cent. About 47.9 per cent of the respondents are migrants. The
respondents’ adequate opinion on family financial position is 47.6 per cent. It is to be noted that
the respondents are spending more money on food consumption followed by shelter and
clothing. About 51.3 per cent of them are residing in rented houses and 42 per cent of the sample
respondents are having own houses. The study found that about 55 per cent of the respondents
took loan from different sources to meet their day to day necessities.

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Author Biographies

Prof. Dara Sheaba Rani, Andhra University, Visakhapatnam.

Professor, Department of Commerce and Management Studies

Guntupalli Sri Ranjitha, Studies, Andhra University, Visakhapatnam

Full Time Research Scholar

Department of Commerce and Management

Kundeti Venkatarattaiah, Studies, Andhra University, Visakhapatnam

Full Time Research Scholar

Department of Commerce and Management

Published
2017-06-30
How to Cite
Rani, P. D. S., Ranjitha, G. S., & Venkatarattaiah, K. (2017). Socio-Economic Background of the Employees in MSN Laboratories Hyderabad. IJRDO - Journal of Business Management, 3(6), 16-39. https://doi.org/10.53555/bm.v3i6.1257