Thursday, January 30, 2020

Assignment 6A - Identifying Opportunities in Economic & Regulatory Trends


1.     Economic trend – Climate Change Is Causing More Natural Disasters
b.     Opportunity: I believe an opportunity exists here because this is a growing concern. In fact, it has been a concern for some time. This
c.     Protypical customer: Households and businesses  
d.     Opportunity easy/difficult to exploit: This opportunity is easy to exploit because there is still more we can all do to help in this fight. I know over the years as we have become more aware of the negative effects of global warming there have been a lot of positive changes in our world. However, even with that we are still seeing increasing environmental concerns. Such as, rising sea levels and increasing wildfires.
e.     Why: In my opportunity belief assignment, I felt there was an unmet need for more options for those living in apartment complexes and business to have access to recycling. Recycling is an important weapon to fight climate change and global warming. Recycling reduces deforestation, saves energy, and minimizes greenhouse gas emissions from landfills.


2.     Economic trend– Coronavirus Outbreak Test World’s Dependence on China
b.    Opportunity: I believe an opportunity exists here, because everyone is worried about the Coronavirus. It has spread so quickly that its impact is very concerning. Something needs to be done.
c.     Protypical customer: Pharmaceutical companies
d.     Opportunity easy/difficult to exploit: The opportunity here to exploit would be quickly finding a vaccine or treatment to stop the continued rapid spreading of this.
e.     Why: The outbreak of the coronavirus has affected our economy very quickly. It is a major concern in our world right now and a solution needs to be found.

3.     Regulatory Change – Opportunity to include LGBT individuals in the Civil Rights Act of 1964
b.    Opportunity: I believe an opportunity exists here. According to the text on “govtrack.us,” 28 states still allow discrimination based on sexual orientation or gender identity on the state level.”
c.     Protypical customer: LGBTQ community
d.     Opportunity easy/difficult to exploit: I believe this will be relatively easy to exploit because clear legal protections for the LGBTQ community are still lacking.
e.     Why: We all need to be understanding and accepting of one another. No one person should be discriminated for being who they are.


4.     Regulatory Change – Vaccination Requirement for Children
b.     Opportunity:  I believe an opportunity exists here. The bill was introduced to the House on May 3. However, it has not been passed yet. Vaccinations aid in the prevention of diseases spreading. Right now, especially with the Coronavirus outbreak, a lot of individuals are concerned about disease prevention.
c.     Protypical customer: Pharmaceutical companies
d.     Opportunity easy/difficult to exploit: The one problem I see with this is parents having an issue with not having the option as to whether or not they want to vaccinate their children. A lot of parents have chosen not to already for religious reasons or concerns that vaccines may be unsafe,
e.     Why: I saw this opportunity because there have been so many outbreaks in recent years of diseases that could have easily been prevented by vaccines.



1 comment:

  1. I fully agree with your point on climate change. As an issue that has only recently been emphasized in the political realm, the next step is taking actual actions to remedy the negative effects that have already occurred, while also preventing continuous environmental degradation. Climate change as a whole causes numerous, significant macro-level changes in the world that must be accommodated to prevent population displacement, food shortages, and other widespread issues.

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