Hilton helps others run their hotels by exporting know- how services rather than products.This type of joint venture is known as _ .

Question

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Management contracting is an arrangement in which one company provides another company with managerial assistance, such as training, marketing, and operational support, for a fee. Hilton's export of know-how services to help others run their hotels is an example of management contracting.

Hilton Helps Others Run Their Hotels by Exporting Know- How