Flagler Electronics Currently Sells a Camera for $240

question 75

Multiple Choice

Flagler Electronics currently sells a camera for $240. An aggressive competitor has announced plans for a similar product that will be sold for $205. Flagler's marketing department believes that if the price is dropped to meet competition, unit sales will increase by 10%. The current cost to manufacture and distribute the camera is $175, and Flagler has a profit goal of 20% of sales. If Flagler meets competitive selling prices, what is the company's target cost?

• A) $41.
• B) $48.
• C) $164.
• D) $175.
• E) $192.

---

Definitions:

Affective Commitment

An employee's emotional attachment to, identification with, and involvement in a particular organization.

Positive Feeling

A general sense of contentment, happiness, or optimism that can positively affect one's outlook and behavior.

Employee Engagement

The level of an employee's emotional investment and commitment to their organization, influencing their willingness to put in discretionary effort at work.

Emotional Intelligence

Represents the ability to perceive, use, understand, manage, and handle emotions effectively in oneself and others, especially in interpersonal interactions.