Pad and disc combinations are picked by car makers to suit the expected use of the car, for a low performance city car like a Jazz you want pads that have good bite from cold and not a 'Sporty' formulation that are not very good when cold and have to be warmed up to work well. As with most things, including paint the best ingredients get banned and the substitutes are normally not as good.
OEM pads and discs are normally most suitable, and the old adage of buying cheap and buying twice still has truth in it today. If brakes are used sensibly pads will last many miles, so cost per mile not a great amount.