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Use the information below to answer the following question(s) .Block Island TV currently sells large televisions for $360.It has costs of $280.A competitor is bringing a new large television to market that will sell for $300.Management believes it must lower the price to $300 to compete in the market for large televisions.Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market.Block Island TV sales are currently 100,000 televisions per year.
-What is the target cost if target operating income is 25% of the new sales price?

Comprehend the volatile nature of main memory and the implications for data storage.
Identify the primary functions and components of a computer system.
Recognize the different types of storage devices and their characteristics.
Distinguish between various types of computer languages, including machine, assembly, and high-level languages.

Definitions:

Disruptive Innovations

Less expensive and simpler versions of existing products and services that target an entirely new group of customers.

Guerilla Marketing Strategies

Innovative, unconventional, and low-cost marketing tactics aimed at obtaining maximum exposure for a product or brand.

Data-Driven Decision Making

The practice of basing decisions on the analysis of data rather than purely on intuition or observation.

Social Media

Online platforms and technologies that enable users to create, share content, and participate in social networking.

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