Licensing of a good or service and business model to partners for specified fees (usually a signing fee and a percentage of the franchisee's revenues or profits)
a) franchising
b) licensing
c) exporting
d) patent
Answer: A
Licensing of a good or service and business model to partners for specified fees (usually a signing fee and a percentage of the franchisee's revenues or profits)
a) franchising
b) licensing
c) exporting
d) patent
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.