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In this tutorial, the presenter explains the JavaScript "on change" event for retrieving the selected value from a dropdown (select tag). The demo displays a select field with four options: India, South Africa, Australia, and New Zealand. Initially, when the page is refreshed, no message is displayed. However, upon selecting a team, a message appears indicating the chosen team, e.g., "You have selected Team India." Changing the selection updates the message correspondingly, demonstrating that the "on change" event triggers whenever a new option is selected in the dropdown. The tutorial aims to guide viewers on how to implement this feature in their applications.