Note: For the resource-based questions, please use the following definitions for the four categories of resources: Physical (property, plant, equipment, technology, intellectual property, etc.), Human (key people at all levels, their judgment, skills, knowledge, etc.), Organizational (culture, structure, processes, relationships, partnerships, etc.), and Financial (retained earnings, cash, access to capital markets, bonds, etc.)

Also recall that a resource is Valuable to the degree it helps a firm raise revenues or lower costs. It is Rare to the degree that it is possessed by fewer firms in the industry or sector. It is Inimitable (difficult to imitate) to the degree that costs and/time associated with acquiring the resource are high. And it is Well-organized to the degree that it is aligned and complementary to the firms other resources.

DC, which is Marvels long-time rival, happened on an innovation--a team of superheroes called The Justice League--which became a surprise hit. Marvel responded with a team of its ownthe Fantastic Four. Assume that these new ensembles represented some kind of resource for both Marvel and DC and that result was increase sales and profits. Which statement of the following statements is most accurate?

Group of answer choices

This new resource was rare

This new resource was valuable

This new resource was rare but not valuable.

This new resource was difficult to imitate.