Chapter 20: Introducing New Market Offerings
GENERAL CONCEPT QUESTIONS
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.
license/franchise
license/receive permission
franchise/co-brand
franchise/acquire rights
none of the above
Answer: a Page: 634 Level of difficulty: Medium
The development route for new products takes two forms. These two forms are or it can .
new products in its own labs/
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