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

question 81

Multiple Choice

Jacques Torres Chocolate is a factory and retail store in St.Boniface.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."
-Refer to Jacques Torres Chocolate.By focusing on customers' wants,what type of orientation does the company show?

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

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Definitions:

Knowledge Management

The process of creating, sharing, using, and managing the knowledge and information of an organization.

Cost Effective Logistics

The strategic implementation of logistics and supply chain operations to minimize costs while maximizing efficiency and effectiveness.

Hard Facts

Objective, verifiable pieces of information that are indisputable and backed by evidence.

Linear Programming

A mathematical method for determining a way to achieve the best outcome, such as maximum profit or minimum cost, in a given mathematical model.