Question

Explain the symbiotic relationship between the U.S. economy and American business. Be specific in identifying how one influences the other. 2. Briefly describe the benefit to a company of giving something of value back to the community in which it is located.

Answer 1

Answer:

There will be better brand recognition for social responsibility.

The employees will be motivated as they will be part of business who are considering the community benefits.

There will be increase in sales as the business reputation will increase.

Explanation:

The businesses that operate in U.S. economy have great impact on the prosperity of the American market. The supply and demand of good will impact the overall economic value of the country as a whole. The business that operate in high efficiency will be able to produce goods at lower prices and therefore there will be lesser price rise in the market.