Question

what is known as generic products ?

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Answer 1

Answer:

The term generic brand refers to a type of consumer product on the market that lacks a widely recognized name or logo because it typically isn't advertised. Generic brands are usually less expensive than their brand name counterparts due to their lack of promotion, which can inflate the cost of a good or service.

Answer 2

Answer:

The term generic brand refers to a type of consumer product on the market that lacks a widely recognized name or logo because it typically isn't advertised.