Question

GenBrands, a foreign maker of washing machine tubs and pumps, sells its parts to several washing machine manufacturers in the United States, who
brand them as their own. This is called?

Answer 1

This is called private branding (or private labeling)

For better understanding, we have to understand what the term private branding (or private labeling) means

• Private branding (or private labeling) is simply known as when a company produces a particular product and thereafter sells the product to a retailer who later on resells it after registering or branding it under its own name.

• An example is when Povlix watch maker make watches for Pinnacle to sell as its Nacles watch.

• A brand  is often regarded as the name,design etc that set apart an organization or product from other companies (mostly its rivals) in the eyes of the customer.

From the above, we can therefore say that the answer that this is called private branding (or private labeling) is correct

Learn more about private branding (or private labeling) from:

brainly.com/question/17372249