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How can the knowledge of astrochemistry benefit you and others in making informed decisions in the future?
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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
People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?
Subjective
Why are decisions based on expected costs and benefits?
People want to make decisions that will benefit them. If the costs are higher than the benefits, they will not make the decision to do something.
What describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
Which type of analysis do businesses utilize when making decisions among various projects?
Benefit-cost analysis
How do people benefit from scientific advancements in biology?
The knowledge helps people understand the nature of life, and prepares them to make informed decisions about health, medicine, genetics, and the environment.
How has evidence based practice influenced provision in the early years sector?
It has empowered professionals and others to integrate various sources of knowledge to make informed decisions that directly benefit children and families.
What is a benefit of relationship marketing?
Relationship marketing allows manufacturers to mass-customize offerings and to reduce fixed costs associated with production and distribution. Retailers and wholesalers make better-informed merchandising decisions.
What is the benefit of WikiAnswers?
Answers.com|WikiAnswers is building the world's largest knowledge database. The benefit then, is gaining and sharing knowledge.
Are women getting stronger?
Women in various societies are getting stronger. They are empowering themselves with knowledge, which helps them make decisions that benefit them.
What benefit is there knowing how bacteria will reproduce?
The Benefit of knowing and expanding your knowledge. :D
How did cost-benefit analysis help traders make decisions about business?
Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade.
How can a cook benefit from the knowledge of science?
Cooks can benefit from science so they know what is safe to work with.
How do you benefit this job?
You can learn more knowledge and experience.
Recognizing and overcoming barriers to knowledge creation is of great benefit to your company?
Helps knowledge to be applied helps knowledge sharing Helps knowledge to be created
What is the benefit of correlation and regression analysis in business decisions?
The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.
How does attending school benefit the government?
Attending school benefits the government by creating a more skilled and educated workforce, which can attract businesses, stimulate economic growth, increase tax revenue, and reduce dependence on social welfare programs. Additionally, an educated population is more likely to participate in civic activities, make informed decisions, and contribute positively to society.
