Consider the five steps of the revenue management approach and how you might apply these teps at your chosen organization. 1. Establish the baseline Understand the causes Develop a strategy 4. Implement the strategy 5. Monitor the impact you have relevant information about your organization, use it to establish your baseline. If you don't, make some guesses about your organization's performance based on what you do know, and use those for the baseline. In step two, include one or more causes that you believe are behind these baseline findings. Then, considering your notes for steps one and two, ecommend a strategy in step three. For example, how would you attempt to manage things like arrival and duration uncertainty, and how would you manage price? Finally, list several onsiderations you'd like to keep in mind when you implement your strategy, and describe how ou would monitor the outcome