According to Porter,a firm's value chain is composed of primary and support activities that can lead to competitive advantage when configured properly.

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This statement is true according to Porter's theory of value chain analysis. The primary activities in a firm's value chain include inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities include procurement, technology development, human resource management, and firm infrastructure. When these activities are configured properly, a firm can achieve competitive advantage.

According to Porter,a Firm's Value Chain Is Composed of Primary