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The Role of "Entitlements" in the US Economy

 We have all heard that "entitlements" are a drain on the economy and that we would be better served to provide tax reductions that allow individuals and banks invest in the economy. It probably is not a good time to discuss the economic topics of marginal propensity to save and the multiplier effect. But I think an understanding of how "entitlement" programs and subsidies affect the economy is important. Individuals in the lower economic classes receive healthcare through medicaid, food through SNAP,  housing assistance and supplemental income through welfare payments and social security. This group represents about 11% of the US population. Individuals in this group, which is considered poverty level, save very little and therefore spend all of the money they receive through "entitlements". This money is spent with companies that provide products and services. In 2025 the federal government is projected to spend $1.2 trillion on providing programs to tho...
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An Example of Using MVOSSTE to create a New Business

I have used the MVOSSTE framework in my classes at The C.T. Bauer College of Business ay the University of Houston. Shown below is a project for a new project created in one of my undergraduate classes. My classes are divided into teams with 5 or six students on team. Each team must use the MVOSSTE approach to create a marketing plan for a new company. This process takes a semester which is  about 45 classroom hours plus the time the team spends outside the class doing research and having team meetings. I have also used this process with my MBA consulting classes. The MBA teams worked with real companies solving real problems. If you like the process and want it enhanced by using AI, my book, Winning Marketing Strategies Using Generative AI,   shows you a step by step approach. If you would like your team trained in this approach you can contact me at gary@gwrresearch.com Here is the project report from the undergraduate team:  ON D GO PRODUCT DEVELOPMENT & MARKE...
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