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Business Capstone Project - Assignment

   

Added on  2021-04-21

8 Pages1373 Words165 Views
Running head: BUSINESS CAPSTONE PROJECTBusiness Capstone Project: UBER business EnvironmentName of the student:Name of the university:

1BUSINESS CAPSTONE PROJECTProgress report 1 In the current technical era, Application software has become of the most widely usedtechnologies. Not only large or business organizations but also many of the start up businessesare also using the concept of application software for commercial success. For this report thenominated topic is “Analysis of UBER Technology Inc. environment and its marketcompetition”. During the project progress phase many challenges were raised and accordingly In order to present the final report with all added values there are certain phases thosehave to follow during the report formation period. Just after the selection of the topic the projectgroup has been formed and before starting the assignment a schedule has been plannedaccordingly. For the successful completion of each phase time has been estimated. In order toaccomplish the assignment it is necessary to complete each of the phases within the allotted time.At the beginning the project group was formed and the group was consists of fourstudents, as more than four students are not allowed in a group. After successful formation ofthe group the project group had to register the proposed project topic that is “Analysis of UBERTechnology Inc. environment and its market competition”. Group issues: As the project group was consists of four different people thus theirthoughts were different and they failed to meet one project requirement following a single pathdirection. Challenges with internal analysis: During the project development phase, internalenvironment analyses are done in terms of SWOT and PESTLE. During this phase are theproject group faced major challenges.

2BUSINESS CAPSTONE PROJECTChallenges with external analysis: During external environment analysis, or whilemeasuring competitive market of UBER Technologies, many other service providers and theirservice details such as OLA, Taxi for sure etc are also analyzed. During this phase also theproject group faces serious challenges. Growth strategy analysis: The growth strategy used by UBER is very muchcomplicated thus while analyzing the growth strategy of UBER the project group faced majorchallenge accordingly. As the nominated project was based on real world company thus in details, companybackground rather the company profile has to be submitted before further progress. In order togive proper information about the project it may happen that the project group has to interactwith the employees or executive of the company. Thus, in the project initiation phase the project submitted a requested permission letterfrom the UBER Technologies itself. This is referred to as an solution for the project group thatevidentially mitigated the issues of professional project development. After getting approvalfrom the lecturer the student group can easily move for further detail analysis. It is expected thatfrom company survey the employee and executives will help a lot to prepare the project report.As per the instruction the final project report has to be submitted within 15 weeks from thestarting. Thus, the total time was divided accordingly.

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