PLEASE ANSWER ALL THREE QUESTIONS!

For there to be reasonable expectations that a company's move to diversify into a new business will result in added economic value for shareholders, a move to diversify into a new business must pass the competition test, the profit growth test, and resource/capability test. o the competitive advantage test, the profit expectations test, and the shareholder benefits test. o the strategic fit test, the resource fit test, and the growth potential test. o the industry attractiveness test, the cost of entry test, and the better-off test. o the profit expectations test, the competitive strength test, the industry attractiveness test, and the capital requirements test. Which of the following is the best example of related diversification? A manufacturer of canned vegetables acquiring a producer of bottled salad dressings O A producer of athletic footwear acquiring a manufacturer of snow ski equipment and soccer equipment O A producer of pet foods acquiring a maker of bicycles An airline acquiring a taxi company O A greeting card manufacturer deciding to open a chain of stores to retail its lines of greeting cards In principle, a company's move to diversify into a new business cannot be considered wise or justifiable unless it o enables a company to escape the rigors of competition in its present business. o leads to the achievement of a sustainable competitive advantage. o expands a company's market opportunities. O results in increased profit margins and bigger total profits. offers good prospects of added long-term economic value for shareholders