Identifying Opportunities in Economic & Regulatory Trends

Assignment 6a

Economic: 

1. Baby Boomers Aren't Retiring 
1. This article I ran into while learning about the recent economic trends of last year that are trickling into this year. The article discusses how the older generation has basically been forced to continue to work instead of retire due to the Great Recession that was felt by many of those that fall into the baby boomer generation. It also talks about how this generation is working longer into their lives and not giving way to the millennials seeking for these very positions. The prototypical customer then becomes collegiate students seeking for a job after they graduate college and then having trouble landing one because of the older generation who cant give up their jobs yet due to not being financially ready for retirement. The opportunity to aid the baby boomer generation exists and this in turn aids the millennial generation who are seeking jobs
2.  Thinner Tax Refunds
1. This article discusses how this tax year, many people are going to see a significant decrease in their tax refunds due to the new tax law. People are going to either see a dramatic decrease or are actually going to end up owing money to the government because of this new law. I sought this opportunity while I was thinking about the fact that I had to file my taxes soon. This cut in returns will affect people who were not aware of the new law. People are going to expect high returns and will budget their upcoming months with this prediction. The opportunity to educate the public about current tax news and laws exists and this would help prepare them to budget according to changing economic situations.

Regulatory

1. Amazon and Ecommerce Putting Pressure on Supermarket Giants
1. The age of buying groceries digitally has finally hit the stage. While still a new concept, this trend has been on a steady increase ever since Amazon promoted their partnership with whole foods and other grocery chains. This has meant that physically supermarkets around the nation are suffering due to the steady decrease of in-store buyers. This has reduced profits and highly impacted grocery stores. The opportunity to promote physically supermarkets exists and is necessary to pursue if the interests of them is to remain standing. People like the idea of fresh groceries being delivered to their house through same-day delivery, so the opportunity for supermarkets to jump on board with same-day delivery exists and this could help ween out competition.
2. Major Trends in Electric Vehicle Industry
1. This article describes the positive impact that electric vehicles have had on the environment and how California will be one of the major states to continue pushing electric vehicle deployment and policies. Prototypical customers would be those with incomes high enough to afford the purchase and maintenance of electric vehicles, however, overtime, the transition from fuel to electric will balance this income gap out. The opportunity to manufacture affordable and environmentally friendly vehicles exists and those who can partake include major car manufacturers all over the nation.