Because of the current ecomomic situation, and the climbing number of consumers switching to generic brands, do you think that these cheaper options will take over the market, consuming more expensive brands that can't lower their prices? Could this lead to a greater number of outsourced jobs as a result?
I do not think that generic brands will take over the market. I think that they will become more popular because people are trying to spend less money. Still I think lots of people are still drawn to name brands. They have used these products for years and years and I do not believe they will stop now. Although generic brands usually do the trick for what we are looking for the original brand name can do it better. If someone is able to afford this then I believe they will. If anything I hope this can open up more jobs. I think making generic brands more popular might cause them to open up more factories causing them to hire more people. Still brand names will have enough people buying products I do not believe many of them will lose their jobs.
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