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
Answer: E
You might also like to view...
A good positioning should contain points-of-difference and points-of-parity that have rational but not emotional components
Indicate whether the statement is true or false
Matching
Column 1 Column 2 7. Laws define the rights and duties of parties and establish the legal basis for any lawsuit. a. Procedural laws 8. The determination of where a lawsuit should be filed. b. Substantive laws 9. A state law that prohibits drunk driving. 10. The time limit for filing the action.
In a management information system, the data that flow through an organization come from internal company data, competitive intelligence, and market research.
Answer the following statement true (T) or false (F)
Benchmarking compares a company's current performance against its own previous performance or against that of its competitors
Indicate whether the statement is true or false.