"Price Levels"

Please respond to the following:

• For an industry of your choosing, select the area of the price-setting process (define price window, set initial price, and communicate prices to market) that you believe to be themostimportant.
• Describe the industry you chose, what that area of the price-setting process means to that industry and why you believe it is the most important.
• Support your argument with evidence and/or specific examples.