Question

I need recommendations, comments for project proposal of my MBA Capstone project, is it right topic which i chose, description, problem to be addressed?  I begin my graduate capstone project i need just opinion of experts if I am on the right way. This was requirements from my professor:

Week 1: Project Proposal

Describe in 2-3 sentences (a short paragraph) the project proposal that contains the following:

1.Introduction and description of your selected business environment

2.Problem to be Addressed

And this is my answer:

The impact of health issues on the US economy

Introduction And Description Of Your Selected Business Environment
The economy of the United States is mixed and highly developed. It is currently considered the
largest economy in the world in terms of nominal GDP and net worth and is also the second-
largest by purchasing power parity (PPP). The US economy has improved tremendously in the
last ten years, with the unemployment rate shifting to its lowest in 50 years, and this is attributed
to multi-sectoral factors that have an unmeasured and unregulated influence on the economy.
Problem to be addressed
Health care issues such as the current global health pandemic are a great threat to the economy of
the United States, where consumers and businesses have now radically curtailed the operations
and changed their consumption habits leading to the closure of some companies and sacking of
employees.

Answer 1

The area that you have chosen is perfect. Introduction to the topic and the problems addressed should be specific in nature rather than general.

Comments:

1. The topic should be very specific for the project. So, you can amend the topic heading as “The impact of Covid-19 on the US economy”. This defined the particular focus area of project.

2. The description from the country point of view is good. But you also have to add the description from health perspective. The business environment or area which you have chosen is now the health sector of US economy rise or downfall from previous years. Add some points like growth of Health sector percentage in US economy. Number employees in this sector, the percentage contribution in GDP of the country. Advancement in the sectors also mention in it.

3. Problems to be addressed also should be very clear and specific as we need to work upon it. Hence, put it in point wise. Such as

1. Changes in the Health sector after and before pandemic.

2. Effects of Covid -19 on consumers and business

3. Pattern of change in consumers and businesses consumption habits leading to the closure of some companies and sacking of employees.