Friday, February 7, 2020

Identifying Opportunities in Economic & Regulatory Trends

Regulatory Opportunity #1- Trump, the developer-in-chief, has a new way to fight poverty
https://www.washingtonexaminer.com/opinion/op-eds/trumps-new-way-to-fight-poverty-opportunity-zones

1. I found this information in the Washington Examiner website, once I saw this I immediately was interested in finding out the "new" plan that the Trump administration had to help poverty in our country.

2. There will always be poverty in the world, the key is to make those numbers as low as they can possibly be in a way to help the overall populations feel that they have a better chance of being financially stable. I believe the opportunity exists here by taking a new and different approach than others have in the past, as the Trump administration is attempting to do right now.

3. Technically, the customer in this situation is going to be the overall support of the people of America to approve of these actions to make the result become a reachable possibility.

4. The opportunity seems to be relatively difficult to exploit, only because there have been many of the same attempts to help the poverty in our country. Now there has been a proposition to take a new approach in which we can hope that there will be a different outcome and only time will tell us that.


Regulatory Opportunity #2- Expand Economic Opportunity by Supporting Community Colleges
https://www.insidehighered.com/views/2020/01/13/why-government-should-invest-more-community-colleges-opinion

1. I found this article via the Inside Higher Education website, which caught my attention because I am a full supporter of focusing on the issues and benefits of higher education, clearly because I am getting my higher education as of right now.

2. I believe that there is a lot of opportunities here because there is always room to fix the higher education system. Not too many people can afford a full four-year institution, and unfortunately college is a business and those prices won't ever change for the benefit of the students. So I believe focusing on community colleges in the country would be an ideal and great start for fixing the higher education system. 

3. The customer of this opportunity would be students graduating high school seeking the most ideal and affordable institution to be able to receive higher education.

4. I believe making community colleges more abundant and making them more of a hybrid, that can give you a bachelor's degree will be a relatively easy opportunity to exploit. The cost may go up a bit, but it will still be in the range of an "affordable" institution for most people in America. Santa Fe has recently been apart of this movement.


Economic Opportunity #1- Macy's is closing 125 stores and laying off 2,000 employees
https://www.washingtonpost.com/business/2020/02/04/macys-is-closing-125-stores-laying-off-2000-employees/

1. I found this article scrolling through The Washington Post, and as I read through this article I realized the opportunities that will come from this.

2. I believe that opportunities may exist for Macy's, as well as other companies in this situation. Online shopping has taken over the traditional shopping days as we knew it. I believe that Macy's is making an effort to make their shopping more exclusively online, which will be good for them competing against such companies, such as Amazon. I also believe that this will help other huge clothing stores such as Bloomingdale's take complete control over the traditional shopping area of their targets. 

3. I believe the customer in this situation would be the consistent shopper, both online and traditional, in which this will give them a broader range of action when shopping for their needs and wants.

4. I believe this opportunity will be relatively easy since Macy's is such a well-known big company that has been striving for decades.


Economic Opportunity #2- 7-Eleven is the next retailer to test cashier-less stores
https://techcrunch.com/2020/02/06/7-eleven-is-the-next-retailer-to-test-cashierless-stores/

1. I found this article via TechCrunch.

2. I believe opportunity exists here because as we all know, recently Amazon has created an extremely convenient, convenience/grocery store. I believe that 7-Eleven has a ton of opportunity to compete with Amazon and hold its high-standard in the convenience store business.

3. The customer in this situation would be just anybody who is looking to pick-up any item they are in need of in the quickest way possible, and it would be an amazing thing to make a norm in our modern society. Convenience is the key thing in modern-day society, so this idea is brilliant.

4. I believe this opportunity will be fairly easy to execute because we already have seen a test-run of it in major cities and so far it is striving for what it is exactly meant to do, and that is to make everyone in the world have less to do when doing these simple everyday tasks.








1 comment:

  1. Supporting the college system for future students will make a huge impact on the economy across the nation. The number one issue for many younger students is affordability. By prioritizing education over other issues, we can move forward and open up the job markets and overall outcome for future solutions.

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