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 restaurants 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

Quizplus · Accepted Answer

Tricon's business model of allowing local owners to operate their KFC restaurants while paying a fee for the license to do so falls under the category of licensing.

Tricon Was the Restaurant Division of PepsiCo Until It Was