The potential risks of not allocating enough resources to raise or create more value in certain factors include the inability to differentiate yourself in the market, loss of competitive advantage, and potential loss of customers to competitors who are able to provide more value. It could also lead to inefficiencies and waste, as resources may be spent on areas that do not contribute to value creation.

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It's important to understand which of these factors has the industry been competing on for a long time. Because those are the efforts you'd want to "eliminate" or "reduce". On the other hand, differentiate yourself in underserved areas. Allocate more resources to "raise" or "create" more values in these factors.

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A business can maintain its competitive edge while reducing efforts in certain areas by understanding which factors the industry has been competing on for a long time. These are the efforts that should be eliminated or reduced. The business should differentiate itself in underserved areas and allocate more resources to raise or create more value in these factors.

Some potential challenges in allocating more resources to underserved areas could include lack of infrastructure, difficulty in measuring impact, resistance from local communities, and potential misallocation of resources. It's also important to consider the financial implications, as allocating more resources to these areas may require significant investment.

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