tè​xǔ​jīng​yíng

franchising

特许经营 特許經營 tè​xǔ​jīng​yíng
franchising
a business model where a franchisor grants a license to a franchisee to use its brand and business system in exchange for a fee
concession
a business operation or activity authorized or licensed by a government department or relevant authority

Cross-References

Same as