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Mekcin is a company that regularly launches products with features that are different from what are offered in the market. It has now launched a

Mekcin is a company that regularly launches products with features that are different from what are offered in the market. It has now launched a new electronic device which can be fitted to vehicles. It can be programmed to automatically dial the police emergency number, provide them with all the required location details, and guide them to the location, in the case of an emergency. Which of the following statements would hold true for Mekcin?
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It competes with rivals on the basis of price.
It spends little on research and development.
It does not invest in the field of market research.
It offers generic and standardized products.
It invests heavily in advertising and brand building.

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