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.

Question

Quizplus · Accepted Answer

The acquisition route for adding new products can take three forms: acquiring other companies, acquiring patents, or acquiring licenses or franchises from another company. Therefore, the correct pair of options is license or franchise, which is only provided in option A. Option B is incorrect as it suggests the company acquires permission, rather than a license or franchise. Option C is also incorrect as co-branding is not mentioned as an option for adding new products. Similarly, option D is incorrect as acquiring rights is too general and does not specify the type of rights being acquired. Finally, option E is incorrect as it is a vague statement and does not provide any information on the acquisition route for adding new products.

A Company Can Add New Products Through Acquisition or Development