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12 August, 06:49

In 2002, Ebay, the online auction site, and PayPal, the online electronic payment service came together. This was a match that seemed to fit well together for both parties. People using Ebay to either sell or buy found PayPal to work splendidly for their Ebay transactions. This is a successful example of:

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  1. 12 August, 09:31
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    Answer explained

    Explanation:

    Ans no 1

    correct answer is b) an acquisition

    in 2002, paypal was aquired by ebay for $1.5 billion that lead to paypal being a primary payment model for ebay.

    Ans no 2

    correct answer is c)

    Generally companies goes for franchise because it reduces the risk of investment as it is the franchisee that is going to invest capital to open and operate. Also liability is on the franchisee for all contracts.
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