There are several variations of a licensing agreement. One of these that gives the licensee a complete brand concept and operating system is called franchising.

Name: There are several variations of a licensing agreement. One of these that gives the licensee a complete brand concept and operating system is called franchising.
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

This is correct. Franchising provides the licensee with a complete brand concept and operating system, along with ongoing support and guidance from the franchisor.

There Are Several Variations of a Licensing Agreement