Friday, September 14, 2018

Assignment 6A: Identifying Opportunities in Economic and Regulatory Trends

Economic trend: Opportunities for Delta's growth
a. Source: http://fortune.com/2018/07/19/delta-ceo-economy/
b. I believe this opportunity exists because there is proof that there is a high demand for people flying more and Delta's revenue is only increasing.
c. The prototypical customer is people who travel for leisure, business people, and people who travel to visit their families.
d. This opportunity to grow Delta's business is relatively easy to exploit because flying is the fastest way to get to a desired location. Millions of people fly everyday so keeping this up shouldn't be difficult.
e. I saw this opportunity because I fly a lot myself. I fly at least 2 to 3 times a year to visit my family or travel for vacation.

Economic trend: Opportunities for California's growth
a. Source: http://fortune.com/2018/05/05/california-fifth-biggest-economy-passes-united-kingdom/
b. I believe this opportunity exists because there are statistics that prove California's economy is now larger than U.K.'s economy. This puts California in 5th place of the leading economies in the world.
c. The prototypical customer is California citizens, employers and employees, actors, businesspeople.
d. This opportunity is relatively easy to exploit because there are more opportunities for job growth and more opportunities in the entertainment industry and agricultural industry in California.
e. I saw this opportunity because I have been to Los Angeles last winter and the economy was thriving. Everyone wants to travel there or work in the entertainment industry in California.

Regulatory trend: Opportunity for more paid interns at Capitol Hill
a. Source: https://govtrackinsider.com/house-intern-pay-act-would-compensate-all-house-interns-for-the-first-time-since-1994-535c7319a44a
b. I believe this opportunity exists because a new act was passed for paying interns at Capitol Hill. According to the article "House Intern Pay Act would compensate all House interns for the first time since 1944" interns were not being paid until now.
c. The prototypical person is inters, college students, and employees at Capitol Hill.
d. This opportunity is relatively easy to exploit since this is a new bill that was passed and if the Senate is willing to pay its interns, then I believe this will happen.
e. I saw this opportunity because I've been looking for internships and there are a lot of internships that are unpaid, which makes me not want to do them.

Regulatory trend: Opportunity for legal marijuana for employees
a. Source: https://govtrackinsider.com/fairness-in-federal-drug-testing-under-state-laws-act-would-prevent-federal-employees-from-being-d20f7d75499f
b. I believe this opportunity exists because medical marijuana is legal in some states. Jobs are probably being required to allow people who are prescribed medical marijuana to use it while employed.
c. The prototypical customer is people who are prescribed medical marijauna, employees, employers, people who just started a new job and are getting drug tested.
d. This opportunity might be difficult to exploit because there are a lot of people against marijauna and it could affect a persons' work abilities.
e. I saw this opportunity because I know that medical marijuana can treat many symptoms for people in pain and those people should not be fired from work.
             

2 comments:

  1. Awesome choice of economic and regulatory trends. We actually found the same regulatory trend with the new wave of marijuana legalization. Personally, I found this exercise less difficult than most other assignments. It is maybe due to the fact that I read the news daily. You found very precise examples of economic and regulatory trends, which makes me believe that you are very updated with the world's news. Can't wait to read your next work!

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  2. Hi!
    The economic and regulatory opportunities that you found are very relevant and you did a great job outlying the prototypical customers. An elaboration on the opportunity itself could help to make your observations clearer and stronger. The opportunities that you listed deal a lot with growth in big industries and communities, and as you stated, there are ways to exploit these problems while also helping the consumer. Thank you for sharing your work!

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