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Reducing costs can cause businesses to: gain a competitive advantage Left Hand Brewery is a microbrewery that crafts beer for sale in Colorado only. This is an example of a strategy focused on a niche. True Which of the following is NOT one of Porter's competitive strategies? Globalizing Which of the following is NOT a support activity on Porter's value chain? Customer service Which of the following is one of the three principles of product implementation for a competitive advantage? Differentiation of services Porter defined value of a value chain as ________. the amount of money that a consumer is willing to pay for a resource, product, or service Organizations can lock in customers by: establishing high switching costs Dell computers established an alliance with Intel to gain a competitive advantage. True An organization's goals are determined by its ________. competitive strategy Which of the following is NOT a primary activity in Porter's value chain? Procurement