A company can add new products through acquisition or development. The acquisition route can take three forms. The company can buy other companies, it can acquire patents from other companies, or it can buy a ________ or ________ from another company.
A) license/receive permission
B) acquisition/development
C) franchise/acquire rights
D) franchise/co-brand
E) license/franchise

Question

Quizplus · Accepted Answer

The correct answer is E) license/franchise. A company can expand its product line by acquiring licenses or franchises from other companies, allowing it to use certain products, services, or brand names.

A Company Can Add New Products Through Acquisition or Development