According to the instructor what is the $1$st step of the Resource Based View $($RBV$)$ process $?$

Collate all the information that you$$ve gathered through your external analysis, which should include the $5$ Forces, and your PESTEL analysis

Invest in the natural resources sector

Structure your organisation around resources and capabilities

Identify which of your organisation$$s capabilities have the potential to form the foundation of your competitive strategy, as they will enable you to generate a unique value proposition