Friday, September 14, 2018

Assignment 6

Identifying Opportunities in Economic

& Regulatory Trends


Where I found this article?

I found this article in The New York Times. I think it is interesting to see how the big players in the market economy can affect everything as a whole.

https://www.nytimes.com/2018/08/25/upshot/big-corporations-influence-economy-central-bank.html?rref=collection%2Ftimestopic%2FEconomics


What leads you to believe that an opportunity might exist?
The article expresses how we have a low inflation rate due to these large firms. When labor markets strengthen, employers will have to receive an increase in worker pay. 

Attracted Customers?

All players that online shop through Amazon or would love to work for the increased wages of Amazon. These employees will be better off in the long run, and the inflation will stay low so prices will remain relatively the same making consumers want to buy products.

Easy or Difficult to exploit?
I think that this is relatively easy to exploit because Amazon will continue to grow and continue to expand so they can afford the increase and wages. They are also a dominant firm in the economy so with the low inflation rates they know that they can make long-term changes and that consumers are looking to buy goods and services.

I formed this belief because many people can actually benefit from this side. Amazon is definitely going to benefit from this, but its customers, as well as employees, can definitely take care of this advantage.



Where I found this article?

I found this article also in the New York Times. This article will express how the U.S. household income levels have risen.

https://www.nytimes.com/2018/09/12/us/politics/median-us-household-income-increased-in-2017.html?rref=collection%2Fsectioncollection%2Fbusiness

What leads you to believe an opportunity might exist?
As median income levels rise, we see a direct correlation for a rise in jobs. We see fewer struggling individuals and we see more disposable income. Through more disposable income we see the opportunity for economic growth.

Attracted Customers?

The opportunity for this would be a lot of middle-class individuals who were looking for that extra pay to be able to support themselves and support their families. We also see the ability of people who were looking for jobs to now have more opportunities.

Easy or Difficult to exploit?

This one is relatively difficult because we never know when possible recession levels will hit again and when people may start to get laid off again.

I found this belief and opportunity very significant as my family was one of the people that were deeply affected when the recession hit. I felt like this article hit home for me and will help a lot of people with its impact.





Where I found this article?

I found this article when searching in google for regulatory changes.
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html

What leads you to believe an opportunity might exist?

Online retailers now have to reevaluate if they want to freely sell e-commerce through every state in the United States or they want to set up remote locations.

Attracted Customers?
This will definitely affect every customer that does a lot of online shopping as they now may see an increase in the price of all of the goods they are buying.

Easy or Difficult to exploit?

This will definitely be difficult to exploit since we have gone from zero e-commerce tax to now almost full tax on all online sells.



I this as an opportunity for online retailers to decide whether they want to stay completely online or have small remote retailers throughout the world.



Where I found this article?

I found this article when searching in google for regulatory changes with social media.

http://theconversation.com/regulate-social-media-platforms-before-its-too-late-86984


What leads you to believe an opportunity might exist?
Through social media, we are fed tons of lies and fake news that we either have to choose to believe or choose to ignore.

Attracted Customers?
This will attract and relate to the customers who are active on social media and like to be kept up to date with information through it.

Easy or Difficult to exploit?

This is hard to exploit because you have to actively manage the information that is put out there and monitor the use of this information.

I this as an opportunity for people to be fed the correct information and monitored on the information that is distributed. I also see that there could be a problem with this because people may complain about not having the right to free speech or freedom of expression.





1 comment:

  1. Hi, there! While completing this assignment, I realized just how valuable it is to search for specific opportunities that are based in a certain area, like economic trends or regulatory changes. It’s completely different looking at things on a global scale in comparison to local or personal opportunities that may be noticed while going about our daily tasks. I think your second opportunity is very interesting in that it will be a major factor many companies will have to consider. This may cause their prototypical customer to include more people than before and that change would need to be reflected in the marketing of their product and services.

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