Economic Trends
Whole Foods bets big on urban Millennials
A) http://money.cnn.com/2016/05/24/investing/whole-foods-365-los-angeles/index.html
B) An opportunity might exist because of in urban areas because of this new store being launched can bring success for the company
C) Catch Millennials attention because of the health-organic trend everyone is getting into
D) Will be relatively difficult to exploit because of the recent issues that Whole Foods has been experiencing, there is a lack of trust and people feel they can get a better deal somewhere else.
Opportunity- I see the opportunity because since there is something new, a new type of store, that will always be checked out. People, especially millennials love experiencing new things. And if they have success this will have the company get back on the right track and hopefully bring more new experiences for their customers.
Coke debuts 'proud to be an American' cans
A) http://money.cnn.com/2016/05/28/news/companies/coke-uso-american-cans/index.html?iid=hp-stack-dom
B) An opportunity might exist here of there being a high success because of Memorial Day, 4th of July, Presidential election and Olympics going on this year.
C) Anyone who considers themselves patriotic will purchase these cans to show their support
D) Will be easy to exploit because of the various events going on this year citizens patriotism can be easily brought out.
Opportunity- I see the opportunity because besides Memorial Day and 4th of July the fact that there is the presidential election and the Olympics this year will bring out the pride of many citizens here in America so it will be something that can be exploited.
Regulatory Changes
Equal Pay
A) http://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
B) There appears to be a large movement with progress being made regarding the equal pay for men and women, on January 1st in California, this was put into play officially.
C) This affects all workers in America since it officially happened in California it could lead a domino effect with the rest of the states.
D) I do see this spreading out to more states, the drive for equality is at an all-time high here in America so it is only a matter of time.
Opportunity- If businesses does equal pay it would lead to better employees due to the fact they all know they are getting respected on being paid on their skills instead of their sex.
Online Sales Tax
A) http://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
B) Congress is looking on creating an online sales tax to help bring in more tax dollars, the catch with the current law is if the company doesn't have enough of a physical presence in that state they can't be taxed.
C) This affects all small business and their customers because if they start getting online sales taxed it could lead to a loss of purchases due to the higher costs.
D) I see this going through and all online transactions have a sales tax, it is an easy way for getting tax dollars with the amount of online purchases that go on.
Opportunity- The opportunity of the amount of tax dollars that would be coming in would be enormous. It would be curious to see what points are made against this that would actually detour it from happening.
The online sales tax seems like a good way to bring in more tax revenue on paper, but small businesses with an online presence could be negatively affected. One of the issues that the regulation could bring about would be if a large online retailer moves its operations to a different country because of the online sales tax. That would cause a loss in domestic jobs and thus the online sales tax might have caused more harm than good. I’m not an expert on public policy though so it really just depends on how the regulation is modified.
ReplyDeleteHi Louis,
ReplyDeleteI think it's crazy that is year 2016 and women still get paid less than men. Most people don't even realize how society still belittle women even though statistically more women go to college than men.
I have read a lot of articles and also fellow students bringing up the issue and growth in healthy food options for cheaper prices. So there is definitely a market for it which we all can see.
The equal pay for men and women is also one of the topics I chose for the regulatory changes. I also believe that this will spread to other states because it is a valid argument that carries plenty of support across the country. I definitely think that Roy is right when saying that online sakes tax could cause more harm than good because small businesses could and will be negatively impacted.
ReplyDeleteLouis, Equal pay should always be a priority in regulatory change. Hopefully the regulation will spread to allow for more opportunities in employment and less discrimination as a whole. The sales tax issue is interesting to me also as it is one that allowed the creation and thriving of amazon. Hopefully by bringing in more tax dollars, we aren’t killing the economy in the process.
ReplyDeleteLouis, I enjoyed reading this post and thought that you were able to find some very interesting opportunities. I loved how you were able to see the opportunity in what Coca-Cola was doing and it really would be amazing to see both genders receiving equal pay in the workplace. With the online sales tax, I do know that if you ship within your state, you already have to pay the state sales tax. I am wondering if the online tax would be stacked on the already existing tax or if it would only be added to out of state sales.
ReplyDelete