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There Are Several Variations of a Licensing Agreement

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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.


Definitions:

Paul Ekman

A renowned psychologist known for his research on the classification of human emotions and their expression through facial expressions.

Behavioural Component

Describes the noticeable actions or reactions of someone when faced with external or internal triggers.

Emotional Experience

The complex feelings or states that arise from one's circumstances, mood, or relationships with others.

Whitewater Rafting

An outdoor recreational activity that uses an inflatable raft to navigate a river or other body of water with varying degrees of rough water.

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