when will a cost benefit analysis be done
Cost-benefit analysis is rational.
when will a cost benefit analysis be done
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What do you understand by cost analysis
A cost benefit analysis balances cost of the action against the benefits one expects from it.
Read your text material and learn to write full and complete sentences. I can't believe this is what education has come to.
there no difference between break even profit analysis and cost volume profit analysis
It is beneficial in this sense that at the start of fiscal or production year management can get the information that how many units of product they need to sell to atleast recover the cost of product. So in this sense they can also get the information that to get certain percentage of profit how many units of products they need to sell.
cvp is the analysis that deals with how profits and cost change with a change in volume
One type of cost-benefit analysis is cost minimization. This is where one determines the least costly alternative. Cost-of-illness analysis takes the economic impact of illness into account.
A cost benefit analysis is done to determine how well, or how poorly, a planned action will turn out. Although a cost benefit analysis can be used for almost anything, it is most commonly done on financial questions. Want to know whether that new machine is worth the cost? Do a cost benefit analysis. Not sure whether that proposed marketing campaign is a good idea? Do a cost benefit analysis. Worried about which health care plan to select for your employees? Do a cost benefit analysis. It's a great tool.