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Application of economic ideas

Can you please assist with the following question?

please address the following questions in a 2 to 3-page

I would like to choose Wal-Mart's organization

1. Why do you think it (Wal-Mart) will be an interesting focus for your application of economic ideas?

2. Why do you think macro-economics applies to your organization? Give at least two examples of macro-economic actions that could affect your organization.

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I would like to choose Wal-Mart's organization

1. Why do you think it (Wal-Mart) will be an interesting focus for your application of economic ideas?
Wal-Mart is the biggest retail chain in world having turnover of more than $400 billion. During the fiscal year ended January 31, 2010 (fiscal 2010), The Walmart U.S. segment accounted for 63.8% of its net sales, and operated retail stores in different formats in the United States, as well as Walmart's online retail operations, walmart.com. The International segment consists of retail operations in 14 countries and Puerto Rico. During fiscal 2010, the segment generated 24.7% of the Company's net sales.
http://www.reuters.com/finance/stocks/companyProfile?symbol=WMT.N
I think Wal-Mart will be an interesting focus for your application of economic ideas as its operating in numerous countries. Being the world's largest retail chain, demand of Wal-Mart is affected by multiple factors. Thus it would be fascinating to study Wal-Mart. Moreover with most the country in an economic downfall this can create some issues for Wal-Mart being a retail leader. With the economy down competition is up with such competitors as Fry's Safeway ...

Solution Summary

Response helps in developing application of economic ideas

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