Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description: Inside the cloistered world of the diamond business

Source: Marketwatch.com

Date: 09/30/2011

Link:   http://www.marketwatch.com/story/diamond-prices-latest-frontier-in-industry-battle-2011-09-30

Questions for discussion:

  • Why is it difficult to establish a standardized pricing method for diamonds?
  • How are diamond prices established before reaching the retail market?
  • Which system do you believe is a better reporting service?

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