The development process of a new product or service

Present the development process of a new product or service [Opportunity identification, New concept generation, Task Management (no final prototype is required)]Students are expected to present new products or services based on their consumer needs as young adults (aged 18-24). The new products or services presented can be derived from any sector e.g. technology, fast selling products, healthcare etc., as long as they serve the 18-24 age group.