Question

students (individually) will choose an existing product,
identify and explain where it lies on the product life cycle, map it on the utility levers map,
suggest innovations and strategies to develop the product/service and categorize the strategies
as Red Ocean or blue ocean strategies. They need to suggest alternative uses for the product,
apart from the conventional way it has been used.
 Faculty will ensure that there is no repetition on the product chosen by students.
 Students need to prepare word/PDF document. (Min 750 words, Max 1500 words)

Answer 1

Answer:

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