Question on PORTER'S CHAIN VALUE

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Dear friends, I am a student of mechanical engineering. I have 1 course of Industrial MBA in my master's degree. I am stuck in one of the questions in my assignment. I hope someone on forum having MBA background will give me some sort of answers...
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plz go thru da following links..they might be useful...

http://www.netmba.com/strategy/value-chain/
http://www.sps.org.uk/November2002Article1.htm

ciao..

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Dear friends,
I am a student of mechanical engineering. I have 1 course of Industrial MBA in my master's degree. I am stuck in one of the questions in my assignment. I hope someone on forum having MBA background will give me some sort of answers. Response will be appreciated.Here is the question;

QUESTION: Porters Value Chain sets out a checklist of key activities carried out by any organisation. It can be used to identify how these activities produce value for the organisations customer and how they generate cost for the organisation. Evaluate the role of the value chain in developing and managing strategy.

thankx.
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