MANAGERIAL ECONOMICS

Final Project:

Regression Analysis
Submitted By:
Muhammad Raheel Siddiqi

Submitted To:
Miss Mariyam Zafar

General Tire Pakistan

TABLE OF CONTENT
1.0 Acknowledgement----------------------------------------------------------------------01
2.0 Executive Summary--------------------------------------------------------------------01
3.0 Introduction of Organization----------------------------------------------------------01
4.0 History and background---------------------------------------------------------------01
5.0 Product /Service------------------------------------------------------------------------01
6.0 Regression Analysis--------------------------------------------------------------------01
7.0 Conclusion-------------------------------------------------------------------------------01
8.0 Bibliography-----------------------------------------------------------------------------01

1.0 ACKNOWLEDGEMENT:
I would like to show my greatest pleasure to Prof. Miss Mariyum Zafar. I cant
say thank you enough for his wonderful support and help. I feel motivated and
encouraged every time I attend his meeting. Without his encouragement and
guidance this project would not have materialized.

2.0 EXECUTIVE SUMMARY:

I have selected two variables for the purpose of regression analysis i.e.: first one
is sale and second is administrative expense. I select the five year data of
general tires from the financial statements from PLS account from 2009 to
2013.The sale is dependent on expenses. The purpose of project is to estimate
the future expenses and sale for the purpose of analysis evaluation.

3.0 INTRODUCITON OF ORGANIZATION:

Gentipak is a public limited listed company with majority shares held by
Bibojee Services Ltd., Pak Kuwait Investment Company (Pvt) Ltd. and National
Investment Trust. CONTINENTAL AG (Germanys # 1 tyre manufacturer) is also
Companys share holders, providing Gentipak all the technology needed for
production under a long term Technical Service Agreement (TSA) as well. It also
allows

Gentipak

to

use

its

international

brand

name

General.

The awareness of the GENERAL brand name is very high. Recently, Gentipak

has also launched a new line of passenger car tires of latest European designs
under the brand name EURO. All the radial tires are tubeless and steel belted
and have a full cap ply for safety and durability.

Gentipak is the major supplier of tires to the local automotive and tractor
assembly plants. It has contracts to supply 15 radial passenger car tires to
Toyota and Honda approved after stringent testing by their principal companies
in Japan. Beside above, Gentipak is also supplying tires to Pak Suzuki Motor
Company, Hino Pak, Ghandhara Industries, Ghandhara Nissan, and Al-Ghazi
Tractors.

Gentipak is also exporting tires to few neighboring and Middle East countries.
It is currently exploring other markets as well for export.

Gentipak employs directly and indirectly approx. 1800 persons all over the
country. It has offices in three other cities of Pakistan besides having its Head
Offices in Karachi. It is selling its products in the replacement (after) market
through a network of more than 100 dealers and has a backup in the shape of
sales
and
technical
force
covering
the
entire
territory.
All tires produced by Gentipak are marketed after stringent testing and quality
assurance and backed up by a comprehensive after sales warranty.

3.1 MANAGEMENT:

Lt. Gen (Retd) Ali Kuli Khan Khattak

Chairman

Mohammad Shahid Hussain

Chief Executive Officer

Nasser Kamal

Asif Jameel

Ashraf Teli

Hussain Kuli
Khan

Executive Director
Marketing & Sales

Executive Director
Corporate Affairs /
HR

Chief Financial
Officer

Chief Operating
Officer
(Plant & Projects)

Sarfraz A. Zahid

Muhammad Amin
Khan

Jeelani Baig

Brig (Retd) Najam

uz Zafar

Group Resident
General Manager Islamabad

General Manager O.E & Government

Sales / CS

Sr. General
Manager Works

Sr. General
Manager Corporate
Services

Raashid I. Malik

Zubair A. Mufti

Mussarat Ahmed

Muhammad
Arshad Ansari

General Manager
Sales

General Manager
Finance

Head of Internal
Audit

Div. Manager
Industrial
Engineering

Tariq Soulat
Div. Manager
Administration

3.2 VISION:
To be the leader in tyre technology by building the Companys image through quality
improvement, competitive prices, customers satisfaction and meeting social obligations.

3.2 MISSION:
To

Offer

Quality

Products

At

Competitive

Prices

To

Our

Customers.

To Endeavor To Be the Market Leader By Enhancing Market Share, Consistently

Improving
Efficiency
And
The
Quality
Of
Our
Products.
To Improve Performance In All Operating Areas, So That Profitability Increases Thereby
Ensuring Growth For The Company And Increasing Return To The Stakeholders.
To Create A Conducive Working Environment Leading To Enhanced Productivity, Job
Satisfaction And Personal Development Of Our Employees.

4.0 HISTORY & BACKGROUND:

5.0 PRODUCT/SERVICE:
5.1 Passenger Car Tyre:
Design

Available Sizes

Speed
Rating
T, H

Euro klass

175/65 R 15, 195/65 R

15
195/65 R 14

Euro glide

185/70 R 13

Eurokompact

155/70 R 12, 165/70 R

12
P 175/70 R13

P 145/80 R12, P 155/70

R13, P 155/80 R13, P
165/80 R13, P 175/70
R14
145/70 TR12

Euro star

Euro tycoon

XP 2000 II

Radial ST

Description
An ultimate design for a comfortable ride
and good grip.
Directional pattern tyre for better fuel
economy and excellent road grip in all
weather conditions.
Latest directional pattern tyre for a
comfortable and smooth drive.
Non directional tubeless radial tyre for
Suzuki Mehran, Alto and Daihatsu Cuore.
The tyre that provides excellent road grip in
all weather condition & better fuel
economy.
Steel belted tubeless radial tyre

The tyre that looks good and rides good on

our roads in all weather conditions.
Especially for Suzuki Mehran & Daihatsu
Cuore.

5.2 Light Truck Tyre:

Design
Super All Grip
(SAG)
Star Sprinter

Available Sizes
7.50-R16 C

Load Issue
112/110

145 R12C, 185

R14C, 195 R14C
185 R14 C
4.50-12, 6.50-14

86/84, 102/100,
106/104
D
D, E

Euro Load
Power Jet
Commercial (PJC)
4.50-12, 6.50-14
Chief

D, E

Description
Radial tyre for 4x4 vehicles.
A radial rib type tubeless tyre for
excellent drive on any surface.
New Generation light truck tyre.
The tyre designed for vans and
pickups.
Durable & long lasting for pickups

Non Directional
(ND)
Traction Rib (TR)

6.00-16

C/D

6.50-16

E/G

/ vans.
The versatile and dependable tyre
for Suzuki 4x4.
The most popular rib pattern for all
position light truck tires.

5.3 Bus Tyre:

Design
Heavy Contract
Transport (HCT)
Super Loader
Super Tiger
(STGR)

Available Sizes

Load
Range
9.00-20, 10.00-20, 11.00- G, H, J
20, 12.00-20
10.00 - 20
H
9.00-20, 11.00-20

G, H

Description
A non-directional pattern tyre for
heavy duty service
Engineered for heavy duty services
both on highway and off the road.
An Ultimate tyre for long haul
service.

5.4 Tractors Tyre:

Design
Power Lug (PL)

Available Sizes
12.4/11-28

Agri Trac (AT)

6.00-16, 7.50-16

Load Range
C/D
C/D

Description
Original OEM rear tyre for MF,
Fiat and other tractors
Front tractor tyre for MF, fiat and
other tractors.

5.5 Motorcycle Tyre:

Design
Hyper Sonic
Duro Grip

Available Sizes
2.25 - 17F
2.25 - 17F

Black Cobra

2.50 - 17R

Load Range
C
C
C

Description
Front tyre for excellent grip.
Rib type pattern provides
excellent road grip.
Provides excellent floatation,
powerful control and remarkable
tractions.

5.6 Rickshaw Tyre:

Design

Available Sizes

Load Index

Description

Chief

135 10

81

6.0 REGRESSION ANALYSIS:

7.0 CONCLUSION:
8.0 BIBLIOGRHAPHY:

Durable and more fuel efficient

on all road surfaces.