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urgent please thank you The three tests for judging whether a particular diversification move can create added long- term value for shareholders are Copyright by

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The three tests for judging whether a particular diversification move can create added long- term value for shareholders are Copyright by Glo-Bus Software. Int. Copying, datributing, or 3rd pwty website posting inexpressly prohibited and constitute copyright violation the customer value test, the competitive fit test, and the profitability test. the strategic fit test, the competitive advantage test, and the return on investment test. the industry attractiveness test, the cost-of-entry test, and the better off test. the attractiveness test, the profit test, and the business fit test. the industry competitiveness test, the earnings test, and the return on investment test. The big attraction of a related diversification strategy is Copyright by Glo-Bus Sowwe, Inc. Copying distributing or 3rd party website posting expressly prohibited and constitutes copyright violation the added potential it offers for reducing the total number of value chain activities a company has to perform. the ability to broaden a company's overall product line and offer customers a bigger selection of models, styles and product versions to choose from. the competitive advantage potential that flows from the ability to capture competitively valuable cross-business strategic fits that can boost its financial performance and thereby providing a clear avenue for achieving the hoped-for gains in shareholder value. the ability to cover a wider geographic area and operate in more attractive industries. the added speed with which a company can develop new core competencies

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