Friday, September 22, 2017

Identifying Opportunities in Economic & Regulatory Trends

Two opportunities that were economic that I want to discuss are: contacting family in Puerto Rico and Trump eliminating the federal program spending. Two opportunities that are regulatory that I want to discuss are: GMO non- labeling and parking at University of Florida.
1a. I found the contacting family in Puerto Rico from Hurricane Maria from the Miami Herald Page. This lead me to think that this opportunity exists because I have many Puerto Rican friends that attend UF and are devastated by the disaster that Hurricane Maria did. The prototypical customers would be the inhabitants of the island. The opportunity is relatively hard to exploit because many people cannot afford another home nor food nor water to survive themselves from the Hurricane aftermath.
1b. From my experience, this seems to be an issue for my friends as some of them do not have the money to pay for the repairs that hurricane has done to their country. Other people might not deal with the fact this may cause a long run in their history. Also, it is very drastic to think that some people might have to leave their families from this incident.
2a. I found the federal program spending from the Miami Herald Page, as well. This lead me to think that this opportunity exists because people cannot fully thrive without the money they need in order to survive. Trump is cutting the spending from The Department of Housing and Urban Development’s Community Block Grant Program. The customer with the opportunity seems to be the congressmen fighting the bill to pass on the right to give $3 billion dollars to those that need the money to survive the after math of the hurricane. This opportunity seems to be difficult to exploit because the President is in charge of the office, so he has power over everyone.

2b. A lot of people seem to ignore the fact that Trump did not want to spend money on another peoples’ well-being. Some people do not pay attention to this matter because they can afford this cost, while other people cannot afford to pay the damage.

3a. I found the GMO non- labeling at my nearby Publix in Gainesville and in Miami (hometown). This information has led me to think that this opportunity exists because I have experienced this firsthand as I go through each and every one of their packing labels in poultry, meat, fish, etc. The customer with the opportunity seems to be me because I want to complain to Publix that they do not have GMO labeling in their products. Publix should note which foods are organic or have GMOs. This opportunity seems to be relatively hard to exploit since Publix is a big company and I am a single customer that is outnumbered by thousands of businessmen that own the food company.

3b. A lot of people do not care if they eat GMOs because it is cheaper and the food is bigger. Some people, like me, are very health-conscious about food and we would like to know what it is in our food, especially if we are buying it. It annoys me because companies should at least indicate what they are putting in their foods to avoid conflict. I am sure other people have complained, but I am willing to do further action if this process is not done immediately.

4a. I found parking in Gainesville first eye, as it is hard for my friend and I to find parking at UF. We cannot find a spot without the vehicle getting towed for an expensive price. The customer with the opportunity seems to be us as we are not satisfied with parking at UF. This exploit seems to be easy because many students complain about parking at UF. If all of the students can continue to overpower UF they can change their guidance with cars and rules.


4b. I know this is a big deal for students at UF, but some people do not want to take immediate action, but instead complain that this action is not being done. Who is going to take action if this action isn’t done?

1 comment:

  1. Jake, good post. I think that it is annoying that Publix does not label their non-GMO products. It is something that is trending right now and lots of people are starting to change their diets to a healthier, more grass-fed type of eating. It would be good for Publix to label them as it would it likely increase customer traffic and sell more non-GMO products as they are also more expensive.

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