The following two statements are related to value chain analysis. Choose the correct of statements being correct or incorrect.
Statement I This is important for product differentiation and to provide a competitive advantage over the other products.
Statement II There are nine steps process in the creation of a value chain.

A. Statement I is correct, but Statement II is incorrect

B. Statement II is correct, but Statement I is incorrect

C. Both statements are correct

D. Both statements are incorrect

Answer: Option D