Identifying Opportunities in Economic and Regulatory Trends – 6A
1. Economic Trends
“UPS expects to hire about 95,000 workers for holiday season”
b.
What leads you to believe an opportunity exists?
Well an opportunity exists for people in need of a job. Anyone looking to make
more money can take on a seasonal job with UPS.
c.
Prototypical customer: The prototypical customer
is actual anyone looking for employment.
d.
Is the opportunity easy or difficult to exploit?
And why do you think so? I think this opportunity is easy to exploit, the only
difficulty would be applying to the job and going through the interview process.
e.
Why do you see the opportunity? I see the
opportunity because UPS is creating 95,000 more jobs. That means 95,000 more
people can be employed this holiday season.
2. Regulatory Changes
“Gun stocks surge on report Trump
is preparing to ease rules for overseas sales of US guns”
b.
What leads you to believe an opportunity exists?
Well I see the opportunity for sales overseas for small and large gun
manufacturers. They will be able to sell small arms to foreigners with less
regulations and oversight from the government.
c.
Prototypical customer: Overseas foreigners
looking to purchase US guns.
d.
Is the opportunity easy or difficult to exploit?
And why do you think so? I think this opportunity is easy to exploit. Like
mention in the article, the changes can be made without congressional approval.
These changes will happen soon.
e.
Why do you see the opportunity? I see the
opportunity because since this news has been shared, shares and stocks of
firearm manufacturers have already spiked. Meaning, people are investing in the
company in anticipation of large sales.
3. Economic Trends
“US tipped to put brakes on auto
sales as easy finance dries up”
b.
What leads you to believe an opportunity exists?
Well as the sales slow in the US, sales are increasing overseas. Meaning, US
car manufacturers might decrease prices.
c.
Prototypical customer: Mainly residents in India
and Japan, as their sales have increased by 5.7% this year. But also, hopefully
US residents in the market for an American car.
d.
Is the opportunity easy or difficult to exploit?
And why do you think so? I think the opportunity will be difficult to exploit
since there is no guarantee that US manufactures will drop prices. But easy for
those living in Japan and India.
e.
Why do you see the opportunity? Well, when the
demand for certain products goes down, suppliers lower prices in order to
attract more customers. I believe GMC and other American car manufacturers will
decrease prices of their products.
4. Regulatory Changes
“DC Lawmaker Wants To Let People
Get Medical Marijuana Without Doctor Approval”
b.
What leads you to believe an opportunity exists?
I believe there is an opportunity for medicinal cannabis shops to have more
customers. Since there is a possibility that customers will no longer have to
get a recommendation from a doctor. Thus, making it easier to access.
c.
Prototypical customer: The prototypical customer
would be someone looking for a natural alternative to opioid painkillers.
d.
Is the opportunity easy or difficult to exploit?
And why do you think so? I think the opportunity is difficult to exploit. This amendment
act would have to be approved by the right people and not all lawmakers have
the same positive view of marijuana as a natural healer.
e.
Why do you see the opportunity? I see the
opportunity because making marijuana more accessible for patients and allowing
them to self-certify as qualifying for medical cannabis, opens a larger
audience and customer pool for dispensaries. Patients will have the opportunity
to avoid going to the doctor which is costly and time consuming.
There is definitely a need for more jobs with this industry! Especially during the holidays there are more deliveries to be made. There is still a high percentage of people who are not employed so I think this opportunity is great. Also, as far as car sales overseas it is not common for a U.S. resident in a foreign country to buy an American-made car. It is usually much more expensive, even if the U.S. drops their prices. It’s much cheaper to buy a car from where the country is than any other "foreign" car.
ReplyDeleteI actually know somebody who works for UPS and he said that it ruins Christmas for him because he has so much work to do during the month of December. So absolutely they need a lot more employees during this time. Honestly, I don't see lawmakers legalizing medical marijuana use without doctor approval, it just seems like it might as well be made recreational at that point. I suppose there would be a minor difference in that dispensaries may not be able to advertise the marijuana or it would be carried differently but it just seems to me that lawmakers would just legalize marijuana recreationally at that point.
ReplyDeleteThe sale of guns is a really interesting topic to mention as a regulatory change. I am a strong believer in keeping tight regulations on gun control between countries. The fact that these changes can be made without congressional consent is crazy to me. This article brings to mind how entrepreneurs have to face moral and ethical dilemmas all the time. In this example, yes, gun dealers would make more money. However, don't we as humans have a moral obligation to keep other humans from harm? Entrepreneurs can create very innovative products but if people can harm others in the process, is it worth it?
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