Friday, May 31, 2019

6A – Identifying Opportunities in Economic & Regulatory Trends


Regulatory changes
1.     Sexual harassment prevention
This leads me to believe that an opportunity exists because women do not feel comfortable. There is an opportunity to make women feel safer. Women would be the prototypical customer because they are the ones currently being affected the most in society. I think the opportunity would be difficult to exploit because it is hard to change the way society is and how the norms are for men and women.

2.     Paid Leave laws
Paid leave laws are starting to become more implemented. There is an opportunity to provide employees with paid leave. People would be able to find more stability in their jobs and not have to struggle if a situation were to come up. I think college graduates would be the prototypical customers. I think the opportunity is relatively easy to exploit as it would be beneficial for many.

Economic
1.     America Is Declining in Global Economic Power
The opportunity exists for America to gain more economic power. Creating more jobs and keeping up with trade would help America economically. The prototypical customer would be Americans in power because they can use their power for good. I think the opportunity is relatively difficult to exploit because the economy is a big issue to tackle.

2.     Baby Boomers Aren't Retiring
The opportunity exists for Baby Boomers to be able to retire earlier. Their late retirement is creating fewer opportunities for millennials. The prototypical customer would be the Baby Boomers because they would be able to retire earlier with financial stability. I think it might be difficult to exploit because wages and pay fluctuate depending on where a person lives.


1 comment:

  1. Hello,

    I think overall you lack a little bit of detail and clarity in your article explanations. However, I think the topics you chose to define are interesting and relevant. Specially, the economic trend about baby boomers since this is a trend that will affect complete generations in either being able to retire financially stable for baby boomers while creating more job opportunities for millennials. Then, it is the responsibility of big corporations to make this transition as smooth as possible while providing adequate opportunities for the upcoming employees.

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