Adidas (athletic shoes)recently bought out Mennen Deodorant Lavatories in an attempt to expand its product line to deodorant. This is an example of transfer of ownership to
A) direct competitors.
B) non-direct competitors.
C) noncompetitors.
D) business brokers.
E) none of the above.

Question

Quizplus · Accepted Answer

Adidas buying out Mennen Deodorant Lavatories is an example of transfer of ownership to non-direct competitors since Adidas was primarily in the business of athletic shoes before the acquisition, and Mennen Deodorant Lavatories was a deodorant brand.

Adidas (Athletic Shoes)recently Bought Out Mennen Deodorant Lavatories in an Attempt