When a firm contributes money for building schools and hospitals in a country or a region, it is using the development assistance strategy to adapt to and incorporate risk.

Question

Quizplus · Accepted Answer

This statement is true. Development assistance strategy involves investing in social and economic development programs in communities that are vulnerable to risks in order to reduce the likelihood and impact of those risks. Building schools and hospitals helps to improve the quality of life of the people in the region and also contributes to long-term social and economic stability.

When a Firm Contributes Money for Building Schools and Hospitals