In Mexico, Wal-mart is defying its critics Article

In Mexico, Wal-mart is defying its critics - Article ExampleHowever, when everything had been considered, it became open(a) that microeconomics and macroeconomics had made concourse (especially those in small towns) poorer. The solution was to improve their purchasing power by crack them commodities at the lowest possible prices, lower than what local retailers were offering.In retrospect, it is safe to say that macroeconomics and microeconomics had a great impact on Wal-Marts strategy in Mexico. The biggest retailer in the world had to develop a pricing strategy that would enable it to enter and remain in the Mexican retail segment. It is not a good deal that a scenario like this is witnessed, especially when a large company like Wal-Mart is involved, but the economic conditions in Mexico meant that the company had to conform or go and try its luck elsewhere. Its pricing strategy is particularly stir evidence that the target market always dictates company approach and business strategy. Poor Mexican people were not going to work harder in order to afford Wal-Marts products the company had to conform to their needfully by formulating its pricing and accessibility around them and their purchasing power. That is the influence of macroeconomics and