Open manufacturing plant in Mexico Assignment Example | Topics and Well Written Essays - 500 words

Open manufacturing plant in Mexico - Assignment Exampleherefore, the Packenham stupefy enhances the efficient and effective evaluation of the economic and political environment of Mexico for utmost economic reform.The Packenham Model explains quadruple hypotheses that enable Mexico to make successful economic reforms. The first hypothesis is the Structure of Situation for the Elected chairperson (Political Credentials of President). A President having negative credentials or bad motives will hinder effectuation of successful economic reforms. The Mexican president, Enrique Pena Nieto of the Partido Revolucionario Institutional is a legitimate president with positive credentials. He focuses on the murder of the ambitious structural reforms and reactivating economic growth after poor start thus enhancing arising of a successful economic reform. The second hypothesis is the Political Party System (Fragmented vs. Consolidated). The political caller system of Mexico is fragmented s ince it has more than one party. The ruling party faces high resistance from the opposition during implementation of reforms especially in the energy sector. The third hypothesis is the Presidential Leadership (Leadership Skill). President Pena Nieto is politically unspoiled hence he is able to convince the congress into making useful reforms. Finally, Consensus in Civil Society- the Mexicans be often in favor of merchandise reforms and there is low resistance. Therefore, there is utmost implementation of market reforms with ease. It is evident that the economic and political environment of Mexico is conducive for utmost implementation of market reforms as warrant by the Packenham Model above.Bargaining power refers market forces that determine the prices of the commodities. Bargaining involves negotiation of prices between the buyers and the sellers of goods and services. The planetary house should set the prices that are suitable for the consumer and is friendly to the produc er through the bargaining power. If the company imposes the charge to the