Impact of Covid 19 on Financial Performance of Amazon: Research Methodology and Proposal
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Added on 2023/06/10
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This presentation discusses the impact of Covid 19 on the financial performance of Amazon. It includes research questions, aim, objectives, literature review, research methodology, and conclusion. The presentation is relevant to the subject of financial performance and is suitable for students studying retail industry.
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Research Project part 1 (Impact of Covid 19 that had on financial performance of an organisation)
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Table of Contents •Background of the project •Research aim •Research objectives •Research questions •Literature review •Research methodology •Conclusion •References
BACKGROUND OF THE PROJECT •The hit of Covid 19 pandemic was were worst for the business world as all the activities of the company scatter. •The time of pandemic was such that almost all the nations has put many restrictions on the trade (El Chaarani and et. al, 2021). •When the first wave of the Covid arose all the countries put complete lockdown in which movement of goods and service as well as person are restricted.
Research questions •What is the concept of financial performance in context of retail industry? •How Covid 19 has impacted upon the financial performance of Amazon? •What are the effective ways that Amazon has used for overcoming the impact of Covid 19 on their financial performance? •What are the advantages that could be gained by Amazon by overcoming the impact of Covid 19 on their financial performance?
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Research Aim •To determine the impact of Covid 19 that had on financial performance of an organisation: A study on Amazon
Research Objectives •To understand the concept of financial performance in context of retail industry •To determine the impact of Covid 19 upon financial performance of Amazon •To evaluate the ways used by Amazon for overcoming the impact of Covid 19 on their financial performance •To examine the benefits that Amazon could be gained by overcoming the impact of Covid 19 on their financial performance
LITERATURE REVIEW What is the concept of financial performance in context of retail industry? •As per the view of Pereira and et. al, 2021, Finical performance is a quantitative metrics for the organisation. •This term is used by the company to know how their asset are utilising in order to gain advantage.
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LITERATURE REVIEW How Covid 19 has impacted upon the financial performance of Amazon? •As per the view of Tortorella, Narayanamurthy and Staines (2021), Financial performance is used by the organisation to measures how effectively they are using their assets in order to increase their revenue. •At the time of pandemic, the financial performance of the company was positively impacted as compared to past year.
LITERATURE REVIEW What are the effective ways that Amazon has used for overcoming the impact of Covid 19 on their financial performance? •According to Ahmed and et. al (2020), a drastic chain was seen in the working of Amazon in order to overcome for the negative impact of Covid 19 on their financial performance. •Theforemoststrategythattheyadoptisprovidingremoteworkingtotheir employee.
LITERATURE REVIEW What are the advantages that could be gained by Amazon by overcoming the impact of Covid 19 on their financial performance? •As per the view of Rahmani (2020), by using various strategy and ways Amazon has acquired various advantage which facilitates them to improper their financial performance due to Covid 19 pandemic. •The foremost advantage is increased productivity and performance by using remote working.
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RESEARCH METHODOLOGY •Research Philosophy: Positivism philosophy •Research Approach: Deductive approach •Research Strategy: Survey strategy •Research Choice: Quantitative •Data Collection: Primary and Secondary •Sampling: Probability sampling is used for selecting30 employees are selected from Amazon
Conclusion •From the above gathered data it is being concluded that at the time of Covid 19 the financial performance of the company has impacted in positive manner. •At that time, it become very difficult for the company to manage their assets in greeter way but the company has implemented various measures which helps them to increase their financial performance in sound manner
References •Ahmed, T., and et. al, 2020. Impact of employee’s engagement and knowledge sharing on organizational performance: Study of HR challenges in COVID-19 pandemic.Human Systems Management.39(4). pp.589-601. •Bairagi, V. and Munot, M.V. eds., 2019.Research methodology: A practical and scientific approach. CRC Press. •Daniel, B., Kumar, V. and Omar, N., 2018. Postgraduate conception of research methodology: implications for learning and teaching.International Journal of Research & Method in Education.41(2). pp.220-236.