Which of the following BEST describes value chain analysis?

Value chain analysis isa systematic process that helps organizations identify and calculate the value added at each step of delivering products or services. It dissects primary and support activities to evaluate how they contribute to competitive advantage and customer value. The IASP SPP curriculum underscores that value chain analysis is a strategic tool enabling organizations to pinpoint strengths, inefficiencies, and differentiation opportunities. It is broader than just financial summaries or cost listings and involves qualitative and quantitative assessment.【IASP SPP Study Guide - Value Chain Analysis】【Porter, Competitive Advantage】