he local agriculture industry in Trinidad and Tobago has been declining for much of the past 30 years. Several initiatives were launched to tackle the main issues that farmers face (labour shortage, capital, thief, infrastructure, water, etc) and many have failed. Today the sector contributes about 1% to total GDP and we import over 75% of our food. However, we have a few bright spots in agriculture (primary)—poultry, egg, pineapples, water melons, paw paw and pig production—we are almost self-sufficient. 1. If you were asked to use the blue ocean strategy to tackle the issues outlined above, can you describe a new way to deal with those problems (best to choose one problem) by proposing a new start-up? How will it work differently from the current model that farmers use? (Please focus on production of commodities NOT retail or wholesale) (150 words) Make sure you are suggesting your new company can deal with one (though not all) of the issues
The local agriculture industry in Trinidad and Tobago has been declining for much of the past 30 years. Several initiatives were launched to tackle the main issues that farmers face (labour shortage, capital, thief, infrastructure, water, etc) and many have failed. Today the sector contributes about 1% to total
1. If you were asked to use the blue ocean strategy to tackle the issues outlined above, can you describe a new way to deal with those problems (best to choose one problem) by proposing a new start-up? How will it work differently from the current model that farmers use? (Please focus on production of commodities NOT retail or wholesale) (150 words)
Make sure you are suggesting your new company can deal with one (though not all) of the issues.
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