Friday, May 29, 2020

6A - Identifying Opportunities in Economic/Regulatory Trends

Economic Opportunity 1: Grocery Prices are on the Rise – Here are 6 Ways to Keep your Food Budget Under Control
B.    When there is an increase in price throughout grocery stores, people know that places like Sam’s and Costco can sometimes be cheaper because they don’t offer the same services as regular grocery stores.
C.    I believe big box stores and farmers markets will be able to take advantage of offering lower prices to consumers.
D.   The opportunity is relatively easy to exploit. Consumers are looking for deals and paying attention to prices even more so now so may be more willing to shop around for the lower prices.

I believe I was able to see this opportunity because of the way I live. I am always looking for a great deal. I will buy certain items at Sam’s Club because it is cheaper and other things at my local grocery to save money.

Economic Opportunity 2:  Schools Face Nightmare Scenario After Coronavirus Crisis
B.    Teachers needing to get more training on becoming online educators and kids needing to be more engaged shows me that there is opportunity here.
C.    Companies who make laptops and offer VR can potentially have great opportunities to present educators and children with more engaging ways of learning.
D.   Yes, the opportunity is easy to exploit because I am sure the sales of laptops/Chromebook have gone up due to kids and adults working from home.

I believe I was able to see this opportunity because I have a daughter that is currently been going to school online and am able to see that it is not easy for the kids or educators. Educators are trying to make themselves available for students through zoom and YouTube videos, but what if there were more options?

Regulatory Opportunity 1: Wisconsin Approves Measure to Send Absentee Ballot Applications to Voters
B.    Ballots being sent by mail can potentially meet more people and making voting more convenient.
C.    People who work irregular shifts, single parents, older people could find it more convenient to vote and both parties could benefit by receiving more votes from people who don’t normally vote.
D.   Yes, the opportunity is easy to exploit because it makes voting so much more convenient.

I believe everyone would would see the opportunity because everyone (most) have waiting in line to vote.

Regulatory Opportunity 2: EPA Declines to Regulate Water Contaminant Linked to Fetal Damage
B.) The fact that it is proven that there is a water contaminant, but the EPA does not plan on taking any action to prevent it.
C.) For profit hospitals will gain from this opportunity because there will be more sick people coming for visits.
D.) I think this opportunity is easily visible. There is a movie called Dark Waters (based on a true story in West Virginia) that this opportunity reminded me of.

Its possibly easy for me to see the opportunity because of the movie Dark Waters.

No comments:

Post a Comment