Answer:
3. Licensing revenue model.
Explanation:
When a popular sports company grants a license to people who use their logo on T-shirts and caps. They charge the company for the rights to use the logo. This is an example of licensing revenue model which is a kind of business arrangement where one organization gives rights and permission of using its products and logos to another organization by taking a particular payment. Revenues are generated by this mechanism and brand awareness, brand equity and customer equity can also be increased with the the help of licensing revenue model.
