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Declined but now inclining

With over 75% of its 92 million hectare landmass being suitable for crop cultivation, Nigeria has all the resources to position itself as one of the world’s leading exporters of agricultural produce. The North-West region of the country has climatic conditions similar to that of China, the largest exporter of raw cotton. The north eastern region has a climate similar to that of Mexico, the largest producer of onions and pears. The climatic conditions of the South-West, South-East and South-South regions of Nigeria are comparable to those of Cote d’Ivoire, Malaysia and Thailand the largest producers of cocoa, palm oil and rice respectively.

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Business Models, Business Strategy and Innovation

Whenever a business enterprise is established, it either explicitly or implicitly employs a particular business model that describes the design or architecture of the value creation, delivery, and capture mechanisms it employs. The essence of a business model is in defining the manner by which the enterprise delivers value to customers, entices customers to pay for value, and converts those payments to profit.

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A framework for Strategic Innovation

Strategic Innovation is the creation of growth strategies, new product categories, services or business models that change the game and generate significant new value for consumers, customers and the corporation.

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