Foratee, Gena can open a Subway shop in her hometown of Munich. The parent company has agreed to let Gena use its company name and will give her marketing and operational support What type of arrangement Is this? Multiple Choice jort verture icensing fincting

The arrangement described in the scenario is a **franchise**. In a franchise agreement, the parent company (franchisor) allows an individual or group (franchisee) to use its brand name and provides marketing and operational support in exchange for fees or royalties. This enables the franchisee to operate a business under the established brand and business model of the franchisor.