Description: The licensing model is the framework that defines how software licenses are structured and applied. This model establishes the conditions under which users can use, modify, and distribute the software. In the context of software, the licensing model focuses on providing support and updates through various options, allowing companies to access a robust and secure product. In software management, licensing models can vary from perpetual licenses to subscription models, each with its own advantages and disadvantages. Overall, the licensing model is crucial for the sustainability of software, as it not only protects the rights of developers but also provides users with a clear framework on how they can interact with the software.