A Company Can Add New Products Through Acquisition or Development

question 142

Multiple Choice

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; franchise
• B) license; receive permission
• C) franchise; co-brand
• D) franchise; acquire rights
• E) none of the above

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Definitions:

Intergenerational Obligation

A duty or responsibility felt toward members of previous or subsequent generations, often within families or communities.

Older Generations

Refers to the groups of people who were born several decades before the current generation, often implying they have different values, beliefs, or experiences.

Core Knowledge Perspective

A theory in cognitive development that posits children are born with an innate, basic understanding of the world.

Infants

Very young children, typically under one year of age, who are in the earliest stage of human life.