- Economic trend: Climate Change Is Causing More Natural Disasters resulting in increased food prices
- This information leads me to believe that an opportunity may exist because no one is happy when there is an increase in food prices. The linkages between climate change and food prices are proven and factual making the opportunity legit.
- The prototypical customer is everyone in the U.S. (since that is where the research is observing the climate change). Everyone purchases food and experiences the climate change so this problem is shared by all.
- I think this opportunity will be relatively difficult to take advantage of because climate change is not easily reversed, thus it would be difficult to adjust the prices of crops like soybeans and corn which thrive below certain temperatures.
- I believe I saw this opportunity because I grocery shopping frequently and have noticed a gradual increase in food prices. I live in a house with 25 other girls and for a couple semesters, I was the Business Manager meaning I did the grocery shopping for the house. Because of this I became familiar with prices and noticed changes as well.
- Economic trend: Financial Markets Control Oil, Gas, and Foods Prices
- This information leads me to believe that an opportunity exists because there are facts to prove that it exists.
- The prototypical customer would be anyone who drives a motor vehicle and uses gas.
- I think this problem could be difficult to take advantage of because it involves having to take control of markets of oil, gas, and food in their entirety.
- I believe I saw this opportunity because I am personally affected by the fluctuation in gas prices. Like everyone else, I desire low prices.
- Regulatory trends: Regulate Marijuana Like Alcohol Act
- This opportunity exists because although it has not passed yet, there are people who are concerned with the regulation of marijuana.
- The prototypical customer would be anyone who supports or wants to prevent the regulation of marijuana.
- Because this regulation has to go through congress and the president in order to pass, it would be relatively difficult to take advantage of.
- I believe I saw this opportunity because marijuana has been at the forefront of conversation for a few years. My hometown, Orlando, actually made a shift in regulation by changing the penalties associated with possession.
- Regulatory trends: American Dream and Promise Act of 2019
- This opportunity exists because although the bill has not been through the full process, it has passed through The House making it a legit possibility.
- The prototypical customer would be anyone that is affected by the American Dream and Promise Act (both directly and indirectly).
- Because this regulation has to go through congress and the president in order to pass, it would be relatively difficult to take advantage of. However, it has already made progress by passing through The House.
- I believe I saw this opportunity because I personally know many people who would be affected by the removal of immigration status.
Thursday, September 5, 2019
Assignment 6A – Identifying Opportunities in Economic & Regulatory Trends
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Hello Julianna,
ReplyDeleteI enjoyed reading your post, especially the first one about climate change affecting the prices of food. As a new college student, starting to buy my own food, I take into consideration the prices of food now. I find a correlation that healthy foods are normally more expensive than fast food, so the idea that prices are going to increase is worrying.
Hi Julianna,
ReplyDeleteI really liked the trends you chose for your post. The opportunities you chose were relevant to our society today. I liked the article you picked about climate change affecting food prices in particular. Many people may not think that food prices would be affected by climate change so I found it very interesting. Overall, I enjoyed reading your post!
Hi Julianna, I really enjoyed reading your blog post, especially with the topics you chose. I particularly liked the one about climate change affecting food prices. Your blog post is very well put together. Another article I liked was the one on oil, gas, and food prices. Overall, I enjoyed reading your blog post.
ReplyDeleteHey Julianna,
ReplyDeleteI also talked about the regulation of marijuana. I found it interesting how you think it would be a difficult thing to take advantage of. You gave me a new perspective on the topic. I also really liked your first opportunity on climate change and food pricing. Both contributors in the article are going on a negative spiral. I think everyone needs to be more aware of these things.
Hey Julianna,
ReplyDeleteI too researched and discussed the "Financial Markets Control Oil, Gas, and Foods Prices" article about an economic trend. I found it very interesting, and an opportunity definitely exists and may be able to be exploited. I also found the article about regulating marijuana like alcohol to be very fascinating. If the Act is passed, this would also create a huge opportunity, potentially in the near future. Great post, I enjoyed all of the articles.
Hey Juliana,
ReplyDeleteI found all of your articles very interesting, but the one that triggered me the most was the one about climate change. As explained in the article, it is affecting the prices of food. Being a college student, this is something that is also affecting us. Every time I go grocery shopping, I am spending over $80 on things that I used to only need $40 in the past to purchase. It is upsetting when you can see the effect that it is having on us. Knowing that this is only going to get worst as times goes on if we don't do something about climate change, is a bit scary.
Julianna,
ReplyDeleteI'm seeing a common theme of many people finding an opportunity in the marijuana business. However, I didn't see anyone else bring up the opportunity you mentioned. You were right in saying that it would be difficult to pass by the Feds, but I believe that it's bound to happen. With numerous states decriminalizing and even legalizing marijuana, this is bound to be passed by the federal government eventually. It's only a matter of time before dispensaries are as common as liquor stores.