think of a business and explain briefy why you choose this business

Licensing occurs when a licensee obtains permission from a licensor to produce and sell its product or products within a certain market. Referred to as the licensee, the party that obtains the rights to sell the product is usually required to pay the licensor a royalty fee.

Step-by-step explanation:

explain why I choose this business

It helps the licensee to differentiate the product from other products offered by the competitors in the market.

Makishiviz Makishiviz · Answer 2

Hi!

Think of a business and explain briefy why you choose this business.

If I will be given a chance to think of a business that would be opening a unique restaurant. This will reduce the competitors as well as open up new food ideas. Since my business isn't common, I can be the moon in the night sky. It means that I can clearly be seen and a lot of people will be curious try out my recipes.

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Keep on learning tomodachi! <3