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The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.

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Marilyne Corwin

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3y ago

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What is a purpose of cost benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


Which describes the purpose of doing a cost benefit analysis?

The purposes of doing a cost-benefit analysis are to determine if it is a sound investment or decision and to provide a basis for comparing projects.


Which of the following is essential part of making rational choice?

Doing cost-benefit analysis


What describes the purpose of using cost-benefit analysis?

to make decisions that maximize benefitsThe purpose of using cost-benefit analysis is to determine the options that provide the best approach for the practice and adoption in terms of cost savings, time and labor. The cost benefit analysis is also called a benefit cost analysis.To make decisions that maximize benefits


What is essential part of making a rational choice?

Doing cost-benefit analysis


Is an essential part of making a rational choice?

Doing cost-benefit analysis


What is the purpose of using a cost benefit analysis?

You would use a cost-benefit analysis to see what the best approach would be to a problem. It helps you know what alternative is best in terms of effort, time, and cost.


What characterizes cost-benefit analysis?

Cost-benefit analysis is rational.


When will a cost benefit analysis be done?

when will a cost benefit analysis be done


What Of The Following is an essential part of making a rational choice?

doing cost benefit analysis


Which of the following is an example of an action that is part of making a rational choice?

Doing a cost-benefit analysis


Which o the following is an essential part of making a rational choice?

Doing cost benefit analysis