Showing posts with label Assignment 6. Show all posts
Showing posts with label Assignment 6. Show all posts

Tuesday, September 17, 2019

6A - Identifying Opportunities in Economic & Regulatory Trends



The opportunity that is being proposed is that by paying farmers to sequester carbon dioxide into the soil, not only do businesses benefit by managing their emissions credits wisely, but also farmers are also able to have healthier soil that will allow them to grow healthier crops and turn a better profit. The customer with the opportunity is any business that needs to counteract their carbon footprint in order to be a healthier company for the planet. These companies can put farmers on payroll who’s job is to sequester metric tons of carbon dioxide into the soil at a time. The opportunity is extremely easy to exploit because companies really need this in order to not have to pay fines for having such a large carbon footprint and farmers can benefit because they are finally getting paid for something that will improve their crop yields and soil health anyways. Up until now, if farmers were to sequester carbon dioxide into their soil, they had to do it on their own good will. I saw this opportunity because I have a passion for having a small carbon footprint and I know many companies struggle with this issue. Rather than them having to actively work to make it smaller which many of them won’t do, they can just hire farmers to do it for them in order to counteract their large footprint.


The opportunity being proposed is a service that is able to find the absolute best deal on the exact car a consumer wants. This opportunity exists because spending is up in the last quarter despite us being in a trade-related state of uncertainty. The customer with the opportunity to use the service is anyone who wants to spend money but also wants to be smart about it because of all the uncertainty going on. The opportunity is extremely easy to exploit because many people would love to use it and it is not too hard to actually create. I saw this opportunity because I like to always know that I am getting the absolute best deal and I feel like many share that idea with me.


This information leads me to believe an opportunity might exist because now many people who want flavors for the e-cigarettes are not able to have access to them. The customer would be anyone who is looking for a flavor for their e-cigarettes. This opportunity is difficult to exploit because now there is a ban so it will be harder to gain access to these flavors. I saw this opportunity because many of my friends use flavored nicotine products and probably would try to find some kind of a work around if they didn’t have access to them anymore.


This information leads me to believe an opportunity might exist because many people like to know that the water they are drinking is entirely clean and free of any pesticides and fertilizers. The customer would be the 30% of people in the United States who rely on that water for drinking purposes. This opportunity is going to be difficult to exploit because we won’t know whether the farmers are using chemical pesticides and fertilizers due to the regulation change. I saw this opportunity because I have taken numerous environmental management classes throughout my high school experience.