What is one reason that firms partner with communities to increase economic development?.

1 answer:

6 0

Firms collaborate with communities to increase economic development for a variety of reasons, including the development of workplace skills.

What is economic development?

Programs, methods, plans, policies, and actions that raise the standard of living in a country are referred to as "economic development."

The development of workplace skills contributes to economic growth by enhancing an employee's efficiency and working style. With the use of new technology, the firm has rapidly grown.

As a result, development of workplace skills to increase economic development.

Learn more about on economic development, here:

brainly.com/question/12732118

#SPJ1

You might be interested in

Assume you own and operate a small printing and specialty advertising business that employs 25 persons. With increased health ca

kipiarov [429]

Answer:

safety and security needs

Explanation:

Assume you own and operate a small printing and specialty advertising business that employs 25 persons. With increased health care costs and related insurance premiums you are contemplating the cancellation of health and hospitalization insurance for your employees. Your decision may cause your employees to become greatly concerned about safety and security needs.

6 0

4 years ago

Stephanie, a recent college graduate in computer programming, is interested in several positions with global companies because s

lina2011 [118]

The answer is experience, it is because when she works with other companies and to be able to work in different places, she is able to gather and exhibit experiences in which are important to potential employers as this will set as a beneficiary for them.

3 0

4 years ago

When computing the weighted average cost of capital, which of these are adjusted for taxes? a. cost of debt b. both the cost of

ololo11 [35]

Answer:

a. cost of debt

Explanation:

The formula to compute the weighted average cost of capital is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

Since the payment for the dividend is not entitled to a tax deduction but the payment for interest is entitled to a tax deduction. And, the after-tax is considered for the cost of debt and the same is shown in the formula above

6 0

4 years ago

Joint costs are Select one: A. costs incurred prior to the split-off point when producing products that appear simultaneously. B

ahrayia [7]

Answer:

A. costs incurred prior to the split-off point when producing products that appear simultaneously.

Explanation:

Joint costs are costs incurred prior to the split-off point when producing products that appear simultaneously.

In cost and manufacturing accounting, a joint cost is a cost incurred in a joint process or during a joint production of more than one output and may include direct material, direct labor, and overhead costs incurred before the split-off point.

7 0

3 years ago

Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)

sergey [27]

C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes

6 0

3 years ago