Electron Corp. purchased Proton Corp. by buying all of its assets and ownership equity. This is an example of a(n) ________.
A) new product development
B) acquisition
C) joint venture
D) licensing contract
E) divestment
Answer: B) acquisition
Marketing MCQ
A) new product development
B) acquisition
C) joint venture
D) licensing contract
E) divestment
Answer: B) acquisition