Everlane $($Illustration Capsule $4\mathrm{.}1)$ is a manufacturer and online marketer of slim$-$fit denim jeans. When Everlane's managers engage in the process of developing a list of questions to evaluate their company's internal situation, which question should be asked first regarding Everlane's resources and competitive position?

a$)$ To what extent do Everlane's value chain activities need to be more or less transparent?

b$)$ How well is Everlane's present strategy working?

c$)$ Which are Everlane's least profitable geographic market segments?

d$)$ What strategic issues and problems merit back$-$burner managerial attention at Everlane?

e$)$ Has Everlane reached competitive parity with its key rivals?