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Please assist me in the below assignment....
[Note: In case the organization in which you are currently working in, does not have a pricing mechanism in place e.g, schools, non-profits, government, defense etc., then you are free to choose another organization that you are familiar with for this Week 7 PA question].
A price-setting process is a sophisticated multi-step approach that has to take into account the external environment, competitors, and consumer demand for the product, as well as internal factors such as operating costs.
***You are expected to present research findings (from your company or industry, as well as academic) while answering this question.
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