• Climate Change causing rising food prices
o http://www.worldwatch.org/node/5434
o This study shows that the decline in water availability is making it harder for farmers to water and fertilize their crops. This in turn is making prices rise. They got their information from the United Nations Food and Agriculture Organization.
o Everyone is a prototypical customer. Since we all need food to survive, whether we pay through food directly or indirectly.
o I believe that this is a harder problem to fix than people expect. Not everyone believes in climate change as it is. It is a collective effort that needs social and political support to reverse its effects.
• Baby Boomers are living longer than expected
o https://www.businessinsider.com/retirement-crisis-baby-boomers-living-too-long-2017-11
o Retiring is supposed to make people happier, but seniors are worrying about not having enough money saved up for last their retirement. Working longer is not the best choice for all. This will be a growing problem that America has known about since the 60s.
o The prototypical are the Baby Boomers. If they swallow up the rest of social security, then it will affect the younger generations.
o I think this issue is more accessible to solve than the first example of climate change. However, for the government to borrow money from somewhere else makes a new problem.
• South Dakota v. Wayfair
o https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
o Online companies can be charged state sales tax even if they do not have a physical location in that state. This somewhat levels the playing field for brick and mortar stores.
o This affects the end consumer. They will most likely buy items for the cheapest price if offered from multiple stores.
o This is not really a problem that needs to be fixed, but there should be a way to work around the law to get tax breaks on items.
• The repeal of net neutrality
o https://www.nytimes.com/2017/12/14/technology/net-neutrality-rules.html
o The opportunity of bundling internet into packages of access to certain websites could happen in the future. Netflix has set up servers in ISP locations to make speed faster. Companies can use the freedom of the repeal to bring better faster internet to the community.
o Prototypical is the end user, they chose the internet that they want.
o I believe that this repeal opens up the gates to many business opportunities to work alongside ISP’s.
o http://www.worldwatch.org/node/5434
o This study shows that the decline in water availability is making it harder for farmers to water and fertilize their crops. This in turn is making prices rise. They got their information from the United Nations Food and Agriculture Organization.
o Everyone is a prototypical customer. Since we all need food to survive, whether we pay through food directly or indirectly.
o I believe that this is a harder problem to fix than people expect. Not everyone believes in climate change as it is. It is a collective effort that needs social and political support to reverse its effects.
• Baby Boomers are living longer than expected
o https://www.businessinsider.com/retirement-crisis-baby-boomers-living-too-long-2017-11
o Retiring is supposed to make people happier, but seniors are worrying about not having enough money saved up for last their retirement. Working longer is not the best choice for all. This will be a growing problem that America has known about since the 60s.
o The prototypical are the Baby Boomers. If they swallow up the rest of social security, then it will affect the younger generations.
o I think this issue is more accessible to solve than the first example of climate change. However, for the government to borrow money from somewhere else makes a new problem.
• South Dakota v. Wayfair
o https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
o Online companies can be charged state sales tax even if they do not have a physical location in that state. This somewhat levels the playing field for brick and mortar stores.
o This affects the end consumer. They will most likely buy items for the cheapest price if offered from multiple stores.
o This is not really a problem that needs to be fixed, but there should be a way to work around the law to get tax breaks on items.
• The repeal of net neutrality
o https://www.nytimes.com/2017/12/14/technology/net-neutrality-rules.html
o The opportunity of bundling internet into packages of access to certain websites could happen in the future. Netflix has set up servers in ISP locations to make speed faster. Companies can use the freedom of the repeal to bring better faster internet to the community.
o Prototypical is the end user, they chose the internet that they want.
o I believe that this repeal opens up the gates to many business opportunities to work alongside ISP’s.
Hey Grant! I think you did an awesome job and found some really interesting articles about economic and regulatory trends that create opportunities. I found it really cool that the climate has an impact of the price of food. I also have always found a lot of curiosity about the social security issue in regards to the baby boomer generation. Hopefully for us it will still be around when we get to that age. Overall, awesome job!
ReplyDeleteGreat job analyzing opportunities relating to economic and regulatory trends. I recognize some of your opportunities from the sources that I looked at when completing this assignment. It is interesting that we read the same sources yet we each saw different opportunities to write about. Each person has a unique background that helps them see different opportunities in different circumstances.
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