Which of the following is the most important resource for a, Operation Management

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Which of the following is the most important resource for a

1. When an industry is mature, a ______________ strategy is considered to be one of the most effective approaches for a new entrant.

a. focus

b. differentiation

c. overall low-cost

d. small business

2. Which of the following is the most important resource for a start-up activity?

a. social recognition

b. land

c. personnel

d. money

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