Answer: Craft new initiatives to more strongly differentiate the various products/services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name
Explanation:
Once a company has diversified into a collection of related or unrelated businesses and concludes that some strategy adjustments are needed, the one that isn't one of the main strategy options that the company can pursue is crafting new initiatives to more strongly differentiate the various products or services in each of the company's businesses and thereby enhance the competitive power and reputation of the company's brand name.
This is because some strategies adjustment are needed and enhancing its competitive power isn't the right thing to do.
Households are the owners of the factors of productions, while firms determine what amounts of those factors to hire.
Answer:
Mixed economy - combined elements of the command and market economies
Market economy- The resources are owned and controlled by the people of the country
Economic system - The method a country uses to answer the three economic questions market economy
Traditional economy- Goods and services are produced the way it has always been done
Capitalism- The private ownership of economic resources by individuals, rather than by the government
Command economy- The resources are owned and controlled by the government command economy
