What is the difference between brand-name and generic-name?

Answer 1

The name of the company that manufactures the product.

Some generic products, rightly or wrongly, are perceived to be inferior to the Brand name product.

The Brand name product is usually made by the company that first made it and either developed a great reputation or had a great reputation.

In fact, another company could come along long after the Brand name product was introduced, make a minor dimensional or material change for example, and offer a better version of the same product. Of course they could just as easily produce an inferior product. At that point Brand Image would become a factor.

Answer 2

The name of the company that manufactures the product.

Some generic products, rightly or wrongly, are perceived to be inferior to the Brand name product.

The Brand name product is usually made by the company that first made it and either developed a great reputation or had a great reputation.

In fact, another company could come along long after the Brand name product was introduced, make a minor dimensional or material change for example, and offer a better version of the same product. Of course they could just as easily produce an inferior product. At that point Brand Image would become a factor.

Answer 3

Brand name is Tylenol, Generic name is Acetaminophen. They are exactly the same drug. Doses May be different though, so make sure you do read the label

Answer 4

The company that sells the product