identify the problem statement

write down the objective

our company for this project is Dominos

Identify problem

1. Performance of company (profit or loss) during covid 19

:Material n method

2. Know type of data (nominal/ordinal/.......)

3. Choose statistical way to analyse data

Abstract

1. Summary whole study

This consist of

Explanation:

1. Abstract :

Use financial data obtained from Dominos companies to study the impact of COVID-19 on the performance of firms. And also, analyse the effect of COVID-19 on performance of industries. That production, sales of companies will increase or decrease. This analysis is evidence of relation between pandemic and performance of companies.

2. Introduction :

COVID-19 affected people's health, economy, and mobility, which affected the economy and different industries.

In this article, they study two problems related to industry.

Objective of the study is:

Objective : 1. To study the impact of COVID-19 on firm performance.

2. To study the impact of COVID-19 on performance of industries.

For this, use different statistical methods such as regression analysis, forecast analysis, prediction analysis.

3. Material and method :

Data : Financial data from 2013 to 2019 from different companies of China

Variables : NROA = Net profit margin on total asset

GROWTH = growth rate of operating income.

Treated = dummy variable containing 0 and 1.

And so many variables such as nominal, ratio type data including.

State different problems regarding objective and analyse to obtain results by using a regression analysis, a time series analysis, descriptive statistics such statistical techniques.

1) Predict the performance of industries in the first quarter of 2020.

To predict this performance they use previous data from 2013 to 2019 of first quarter data.

Use a time series different model to analyse this problem.

2) Obtain average, median, and variability in financial data.

For this use descriptive statistics to obtain performance during 2013 to 2019.

3) Find impact of COVID-19 on firm performance.

For this problem, use a regression analysis to check the performance.

4. Result and discussion:

By applying statistical technique, predict the performance of firms in the first quarter of 2020. This gives the decreasing trend in net profit of the company.

Average growth rate of income is -0.194.

Regression analysis shows the negative impact of COVID-19 on firm performance.

5. Conclusion :

This study showed negative effects of COVID-19 on firm performance, production, and sell.

The production and sale of companies decreases in the period of COVID-19 due to a lockdown effect.

6. Managers should focus on different strategies related to their business to meet the performance like before pandemic. They should focus on ups and downs that happen in pandemic and accordingly take decisions reducing risks in the business.