2. Fact: there are always costs associated with imitating resources and capabilities. a. Fully explain why socially complex resources and capabilities are costly to duplicate by competitors. In fact, these types of resources and capabilities might not be subject to duplication at all. b. Using one (1) specific business example (real or fictitious) of a situation where socially complex resources and capabilities exist, illustrate how possessing these unique resources and capabilities can specifically translate into a positive impact on performance. Specifically, which performance measures (offer two) would you assess and why? 3. In topic 3, we discussed various business diagnostic tools to assist managers in developing an intelligent understanding of the company's internal and external environments. In particular, we discussed profit pool analysis and value chain analysis. Separately, discuss what information the tool gives us and why/how the diagnostic tool assists managers in making better strategic decisions. a. Profit Pool Analysis b. Value Chain Analysis