All of the following are different ways a firm can obtain new products, except which one?
A. By acquiring a whole new company
B. A firm can obtain a new product through patents
C. A firm can obtain a new product by licensing someone else's new product
D. A firm can obtain a new product by using the R&D department of other firms in the same industry
Answer: Option D
Related Questions on Marketing Management
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters

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