Match each corporate$-$level generic strategy with the statement that best matches its definition.

Market Penetration

Market Development

Product Development

s with

Merger

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I Choose

Shrinking a business unit.

Joining two companies into one.

Purchasing another company.

Entering a new industry.

Creating new products for existing markets.

Selling existing products in new markets.

Increasing market share with existing products.

Selling part of a firm's operations.

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Acquisition

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Diversification

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Divestment

$[$ Choose $]$

Retrenchment

$[$Choose$]$