Question

What are Business Improvement Districts (BIDs)? Explain.

In your opinion, are BIDs good or bad? -- Why? Elaborate.

Answer 1

A Business Improvement District (BID) is a business-led organisation

Step-by-step explanation:

in a defined geographical area where local businesses have voted to invest collectively to improve their environment. BIDs are funded by a mandatory levy on all eligible businesses following a successful ballot