1. Regulatory Trends: "Paid sick leave and minimum wage policies at local and state levels"
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
~ This article was the business daily news and I feel like creates an open opportunity for new advncments. The minimum wage is going up which is honestly such a good thing because it is so hard for some people to make a living especially singe parents raising a family. The fact of paid sick days are great too but provide room for dishonesty and error inn the system. This is where business opportunities come to play. Everyone gets sick but how do employers know if their employees are actually sick. In my opinion it is unfair to an employees boss and coworkers when people call out short notice especially for an invalid reason. On call providers to assist the situation virtually will provide room to create more jobs as well as minimize the calling out.
~I saw this opportunity because coming from experience in a minimum wage job the pay would not even be enough to pay rent with car insurance imagine raising a family. Feeding off of that as well through out my working experience I have experienced so many people call out "sick" leaving the entire crew short staffed and unprepared when they weren't really sick. Nothing is worse then that and especially if they show up to chat or you see them on social media doing other things.
2. Regulatory Trends: "Affordable Care Act"
https://www.businessnewsdaily.com/7671-regulatory-issues-changes.html
~ This article is also from the business daily news as part of list of regulatory trend changes. The affordable care act has been trying to change to get better for years so that is why I feel like it is an opportunity. Where improvement is needed there is opportunity. Affordable care act right not penalizes people with no insurance but I think fail to realize their audience. Most people who don't have insurance are at poverty level. Many people can not afford insurance and is why they are trying to make affordable but don't realizing they are doing more bad then good. Making is cheaper doesn't mean they are also giving you quality. So many people have deductibles they could never afford to reach and some people never get sick or get sick rarely so there are paying insurance to avoid a fine but costing more of their living expenses. The customer base would be underprivileged people.
~ I saw this as an opportunity and felt strongly about it due to personal background. I used to work at medical clinic that served the uninsured and underinsured. Some of these people are unemployed or not making enough to support their family and now this is an extra bill to paying when they get little to no use out of. The deductibles of most of the cheaper insurances are so high these families couldn't possibly afford to meet it so more money of theirs is coming out of pocket.
3. Economic Trend: "Mind the data skills gap"
https://www.sigmacomputing.com/blog/2020-data-trends-and-predictions-to-help-you-kickstart-the-new-decade/?utm_term=2020%20Data%20Trends%20and%20Predictions&utm_campaign=Bing%20eBooks&utm_source=bing&utm_medium=ppc&hsa_acc=2916884196&hsa_cam=8262676486&hsa_grp=1330409413752128&hsa_ad=&hsa_src=o&hsa_tgt=kwd-83150783894069:loc-190&hsa_kw=2020%20Data%20Trends%20and%20Predictions&hsa_mt=b&hsa_ver=3&msclkid=6668277e7e63162ad5b77943230114a8
~ This article was found in the 2020 data trend predictions on Sigma. Many people are trying to push the idea of data driven companies but have found that many businesses are actually losing profit and success. I thought this would open an opportunity for to crate improvement. They found that only 31% of business are actually finding if useful despite the data that data driven business is power and better. The customer for this will be the business because if there was a better way to execute data driven business, business with begin to see a result.
~I saw opportunity in this because when the economy is doing better businesses are doing better and if data driven business is suppose to help there should be a solid execution.
4.Economic Trend: "The trade war between the U.S and China"
https://www.newsmax.com/finance/peterreagan/economic-trends-2020- investors/2020/01/03/id/948332/
~This article was found on Newmax .com. This article was stating that in 2020 we will not be ending the trade war but rather moving into phase 2. I thought this provided opportunity to try and see alternatives because in this trade war it was said that after each and every time president Trump speaks out for retaliation prices go up. The customer would be us the people.
~ I felt like this opportunity because there's only so much we ca take of price rising. Not everyone is rich and it's sad to see that Trump instead of ending it is just moving phases. Sometimes we have to step back for the sake of our people,
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