A Report on New product/service development conducted by Iconic
Date: 27-04-2023
Time: 10.00am-11.45am
Venue: MBA ’B’ classroom
New product /service development activity
On 27th April 2023, a ‘new product and service development’ activity was conducted by team ‘Iconic’ on the topic related to introducing product with company/brand name, product name, logo, tagline and strategies. All the faculties Mrs. Harshitha Shetty, Mr. Prajwal B.K, Mrs. Maithri, MR. Johnson Fernandez, DR. Catherine Nirmala J and Mr. Neeraj Rai were present on that day. The main objective of this activity is acquiring innovative ideas, improve communication and team building
Procedure:
The topics from the activity were given to the teams on Monday 22th April 2023 to allow teams to prepare on their topics. The topics covered a range of new product and its strategies, financial statements and progressive statement. The rules were specified before the event.
The activity was unique in itself because it was held based on financial statements. 5 teams in each team 5 presenters were presenting different and unique strategies. Maximum 10 minutes were given to each group.
Result:
All the students were participated very well in the event. Team ‘Revolutionary’ got the first place. Team ‘Achievers’ got second place and Team ‘Marvelous’ got third place.
Conclusion:
The New product and service development activity was success by providing knowledge to the students and improve their skills, communication and presentation skills in challenging environment.
