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

question 70

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." Apparently Jacques Torres Chocolate:

• A) directs its chocolates to the "average customer"
• B) seeks its goals primarily through the use of intensive promotion
• C) is in the business of selling chocolate
• D) profits through customer satisfaction
• E) has an inward focus on the organization's needs

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Definitions:

Capitalist System

An economic system based on private ownership of the means of production and the creation of goods or services for profit.

Own Labor

A concept referring to the work performed by an individual that directly benefits themselves, typically not for an employer or for wages.

Commodities

Goods or services that are traded, bought, or sold.

Economy

A system of production, consumption, and distribution of goods and services within a society or geographical area.