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Answer :
The practice described by Dietizza's business expansion model, where the company licenses its business model and receives payments, is known as franchising. So the correct option is b. Franchising.
The concept illustrated by Dietizza, a fast-food network licensing entrepreneurs to open outlets under its trademark, while assisting them in running operations and receiving royalty and profit percentage payments, ids referred to as franchising. Franchising allows individuals to start their businesses by purchasing the rights to use a company's business model and brand. This includes training, supply chain support, and operational support from the franchisor, in exchange for payment of a franchise fee and ongoing royalty fees. Franchising is the concept illustrated in the scenario where Dietizza licenses entrepreneurs to open outlets under its trademark, with the entrepreneurs bearing costs and Dietizza providing support in operations in exchange for royalty payments and a portion of profits. So the correct option is b. Franchising.
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