Wrigley, the U.S. chewing gum manufacturer, has not been interested in most Latin American markets because many of the local governments imposed ownership
Restrictions. This would be an example of ________________ in markets.

Question

Quizplus · Accepted Answer

The situation described is an example of "weeding out" in markets, where certain factors, such as ownership restrictions, lead a company to decide not to enter a particular market. It is a process of eliminating options that do not fit the company's criteria, rather than finding opportunities or utilizing cross-fertilization strategies. It does not necessarily involve demand conflict or unfairness.