Charles Revson of Revlon Observed: "In the Factory,we Make Cosmetics;

question 115

Multiple Choice

Charles Revson of Revlon observed: "In the factory,we make cosmetics; in the store,________."

• A) we make profits
• B) we challenge competitors
• C) we implement ads
• D) we sell hope
• E) we sell quality

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Definitions:

Materials

The physical substances from which objects are made, often used in the context of manufacturing and construction.

Labor

The human effort, both physical and mental, used in the production of goods and services.

Service Business

A type of business that provides intangible products, such as expertise or time, to customers.

Location

The particular place or position where a person or property, especially a business, is situated, influencing factors like accessibility, visibility, and convenience.