Identifying the primary and secondary activities that are included in a company's value chain $\_\_\_\_\_\_\_\_\_.$

Question $3$ options:

is the first step in understanding a company's cost structure $($since each activity in the value chain gives rise to costs$)$

reveals whether a company's resource strengths are well matched to the industry's key success factors

indicates whether a company's resource strengths will ultimately translate into greater value for shareholders

is called resource value analysis