Jacques Torres Chocolate Is a Factory and Retail Store in Brooklyn.Its

question 43

Multiple Choice

Jacques Torres Chocolate is a factory and retail store in Brooklyn.Its owner is willing to try to produce new products when his customers suggest them-such as chili-pepper-laced chocolate candy.His only condition is that when he adds new products,his customers have the final say on whether the product is of any value.According to Torres,"If something doesn't move,that's the last time you see it." By focusing on customers' wants,the chocolate company exhibits a(n) _____ orientation.

• A) exchange
• B) product
• C) production
• D) sales
• E) market

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Definitions:

Dividends

Payments made by a corporation to its shareholders, often as a distribution of profits.

Operating Activities

Transactions and events related to the primary operations of a business, including revenue and expense activities.

Accounts Receivable

Funds that clients or customers are required to pay to a business for products or services delivered on credit.

Sales Revenues

The income received by a company from its sales of goods or services before any expenses are subtracted.