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Product management Operations Project management Competitive analysis Law and policySkills
web scraping legal analytics business process ethical standards and conduct application programming interface (api) data acquisition business strategies data management data collectionGigEfx Laboratories is seeking to enhance its PriceScout application, a tool designed to provide users with comprehensive price comparisons. The challenge lies in developing a robust strategy or business process to efficiently acquire price data from various retailers and manufacturers. This project aims to address the complexities of data acquisition, ensuring that PriceScout remains competitive and reliable. The team will explore different methods the company can use to collect data for it's database, such as web scraping, API integration, and recommend potential partnerships with retailers. The goal is to identify the most effective and sustainable approach that aligns with GigEfx Labs' operational capabilities and legal considerations. By leveraging classroom knowledge in data management and business strategy, learners will contribute to a critical aspect of PriceScout's functionality.
- Understand the current data acquisition methods used by price comparison tools.
- Analyze potential legal and ethical considerations in data collection.
- Propose a strategy that balances efficiency, cost, and compliance.
The project will culminate in a comprehensive report detailing the proposed data acquisition strategy for PriceScout. This report will include an analysis of different data collection methods, a recommended approach, and an implementation plan. Additionally, a presentation will be prepared to communicate the findings and recommendations to GigEfx Laboratories' stakeholders.
- A detailed report outlining the proposed strategy and implementation plan.
- A presentation summarizing the findings and recommendations.
- An analysis of legal and ethical considerations in data acquisition.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
Sharing knowledge in specific technical skills, techniques, methodologies required for the project.
Direct involvement in project tasks, offering guidance, and demonstrating techniques.
Providing access to necessary tools, software, and resources required for project completion.
Scheduled check-ins to discuss progress, address challenges, and provide feedback.
Supported causes
The global challenges this project addresses, aligning with the United Nations Sustainable Development Goals (SDGs). Learn more about all 17 SDGs here.
About the company
GigEfx Laboratories is a startup studio focused on creating and scaling innovative businesses through global partnerships. We turn ideas into sustainable ventures while ensuring equity stakes for our partners, emphasizing meticulous selection processes for collaboration.