Business, 30.03.2020 21:29 abbie722

Are the two ways firms can obtain new products. A. New product development and existing product modification B. Acquisitions and new product development C. New product development and external research and development D. Mergers and acquisitions E. Acquisitions and external research and development

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Answer from: katelynkb4484

B. Acquisitions and new product development

Explanation:

Firm obtains new products in 2 ways:

*Acquisition- Here, company buys a whole company, a patent, or a license to produce someone else's product.

*New product development:

Firms create a new product with product improvements, through Research and Development. This new product is a key source of growth to firms or companies and it also creates new solutions for customer's lives.

Answer from: bella7524

B. Acquisitions and new product development.

Explanation:

Companies can obtain new products when they acquire other companies. In the process of acquiring another business outfit or organization, a company can obtain new products.

Consider a situation where Toyota acquires the company that manufactures Mercedes; in this case Toyota would also acquire the products that Toyota are known for to their range of products too simply by buying the company - Mercedes.

Again, a company can obtain new products during product development. In this case, a company that was producing a particular product or is known for the production of certain products can also decide to start developing and producing new products.

This is certainly not the same as product modification where organizations simply modify the products that they were formerly producing to enhance customer satisfaction. In new product development, companies start afresh to make or manufacture new products that they weren't formerly known for producing.

Answer from: Quest

If u don't know the answer, always guess "c"

Answer from: Quest

there is no possible way mgk stands a chance with the greatest white rapper of all time. eminem killshots had more bars than rap devil and the reason mgk is doing all this is cause he not getting attention anymore til the release of rap devil and the disses he is putting on eminem. now rap devil was more fire than killshot so mgk might won the battle with rap devil but eminem won the war with killshot.

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Are the two ways firms can obtain new products. A. New product development and existing product modi...

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