Tricon was the restaurant division of PepsiCo until it was spun off in 1997. Since then Tricon has opened 6,000 KFC restaurants abroad. It has 158 in Indonesia and more than 500 restaurants in China. All are locally owned, and the owner pays a fee to Tricon. Tricon is engaged in:

Question

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Tricon operates through franchising, where local owners pay a fee to operate under the KFC brand and receive support and guidance from Tricon.

Tricon Was the Restaurant Division of PepsiCo Until It Was