The three tests for judging whether a particular diversification move can create added long- term value for shareholders are 00 Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes 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. Which of the following is the best example of related diversification? Copyright by Glo-Bus Software, Inc. Copying distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation A developer of video games acquiring a maker of ski equipment A supermarket chain acquiring a producer of organic fruits and vegetables 0000 A manufacturer of fishing equipment diversifying into the production of exercise equipment A maker of cell phones deciding to diversify into producing and marketing its own brands of DVRS and flat-screen TVs A producer of golf clubs and golf bags acquiring a maker of golf shoes and golf apparel The big attraction of a related diversification strategy is Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting sexpressly 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.