Economic Opportunity 1: Lack of Oil
b) If gas prices are rising and will continue to rise, there is an opportunity to find and benefit from an alternative energy source.
c) The current customers of gas who think it is too expensive are the prototypical customers.
d) This opportunity is relatively difficult to exploit because you have to find an energy source that is efficient enough to replace gas, but still costs less than gas.
Economic Opportunity 2: Globalization
b) If globalization continues, there will be a missing piece of American markets that before came from import and trade. The opportunity lies with what we will be losing such as art or even manufacturing items.
c) The people who used to buy the imported art or manufacturing items are the prototypical customers.
d) This opportunity is relatively easy to exploit because all you have to do is see what we are no longer importing from other countries and begin producing those products yourself.
Regulatory Opportunity 1: Cybersecurity
a) https://www.pwc.com/us/en/services/consulting/risk-regulatory/top-policy-trends-2018.html#DoNoHarm
b) If regulations regarding cybersecurity keep being put in place, there will be many opportunities for now software to be developed. Because everything is done through the internet now, there is next level security needed to protect people’s private information.
c) Anyone using the internet, so basically everyone nowadays, would be a prototypical customer.
d) The idea is relatively easy to implement if you have the knowledge to develop the software needed for this opportunity.
Regulatory Opportunity 2: Financial Crimes
b) If regulations regarding financial crimes are being enacted, there will be a great opportunity for financial crime fighters.
c) Anyone who is dealing with financial crimes against them and also banks.
d) The idea is relatively easy to implement if you have the knowledge to fight financial crimes.
