6A - Identifying Opportunities in Economic & Regulatory Trends



Economic:
b) I believe that since housing has become more affordable, the opportunity exists that people who have their dream of purchasing a home with their significant other to start a family is now more attainable.
c) The prototypical customer is someone who dreams of starting a family and having the right place to do it.
d) I think the opportunity is relatively easy to exploit for housing construction companies as well as real estate businesses because most people who live or come to the United States have the “American Dream” to buy a home and start a family.
I came to form this belief due to the fact that I am a very family oriented person and I one-day also hope to purchase a house to start my own family.

b) I believe that since electricity and natural gas prices are low and people have an increased amount of disposable income, the opportunity exists for people to spend more on other things.
c) The prototypical customer are shopaholics.
d) I think the opportunity is relatively easy to exploit because once someone has that kind of disposable income, the ability to purchase things you may not have otherwise been able to becomes available. Therefore, local businesses can increase prices to their products and services because consumers will still be willing to purchase or use them due to the increase in their disposable income.
I came to form this belief due to the fact that I consider myself to be a shopaholic. If given this kind of disposable income, I would want to splurge it on whatever I wanted to purchase.

Regulatory:
b) I believe that since the US government is now focusing on fossil fuels and nuclear energy, this provides an opportunity for local clean energy businesses in the US to have a competitive advantage. This is due to the shifted focus of the government which allows the local clean energy companies to gain more customers who prefer using eco-friendly methods to use energy.
c) The prototypical customer is a US citizen who wants to use clean energy as opposed to fossil fuels and nuclear energy.
d) I think the opportunity is moderately difficult to exploit since a lot of citizens like to follow what the government promotes so it would be hard to transition many people to a new kind of energy source.
I came to form this belief because I have been an advocate for doing what’s best for the environment and I believe that switching to clean energy will ultimately be the best for our planet.

b) I believe that connecting medical devices to the internet will ultimately help more by providing faster and more efficient ways to treat patients as well as help hospitals and doctors save more lives.
c) The prototypical customers are hospitals that will purchase these devices that in turn will be given to patients.
d) I think the opportunity is relatively easy to exploit since we continue to become very technologically advanced and we are always looking for new ways to help people’s health and save more lives.
I came to form this belief because I am a strong believer in medicine and technology and believe that combining the two will ultimately be of benefit to the human race.


Comments

  1. Hey Isabella,
    On top of the fact that you are providing really detailed contact, I love how organized your blog is. Your organizational structure makes it really easy to follow your information, especially on a post that includes multiple different opportunities for multiple sectors. Continue to keep your work organized, it is allowing me and others to understand and appreciate all your information.
    - Sander B.

    ReplyDelete

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