Freddie's Market offers customers tissues, canned goods, napkins, and various detergents in basic packaging with no identified brand. These goods are popular with the more cost-conscious shoppers because they are significantly less expensive than nationally known brand names. These types of goods are examples of generic goods. True/False

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Business

Hadley Vaughan

Today, 00:24

Freddie's Market offers customers tissues, canned goods, napkins, and various detergents in basic packaging with no identified brand. These goods are popular with the more cost-conscious shoppers because they are significantly less expensive than nationally known brand names. These types of goods are examples of generic goods. True/False

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Tiffany Mathis · Answer 1

True

Explanation:

Generic goods are the products which are named by their product type. The store have many generic goods with lower prices than nationally known brand names. Freddie's Market is also offering its customers generic goods like tissues, napkin and various detergents with no specific brand name. These goods will be less expensive than the brand labelled goods.