0
Why do people come to different decisions using a cost benefit analysis even under the same conditions?
Wiki User
∙ 7y ago
Costs and benefits are both subjective.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?
Subjective
Why do different people come to different decisions using cost-benefit analysis even under the same conditions?
Costs and benefits are both subjective.
Which type of analysis do businesses utilize when making decisions among various projects?
Benefit-cost 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 describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
People come to different decisions using cost benefit analysis even under the same conditions because cost and benefit are both what?
Subjective
Why do different people come to different decisions using cost-benefit analysis even under the same conditions?
Costs and benefits are both subjective.
People come to different decisions using cost-benefit analysis even under the same conditions because costs and benefits are both what?
Subjective
Why do people come to different conditions using cost benefit analysis even under the same conditions?
Costs and benefits are both subjective.
What are different analysis?
Different types of analysis include: statistical analysis, financial analysis, market analysis, risk analysis, and cost-benefit analysis. Each type of analysis focuses on specific data or information to provide insights and make informed decisions in various fields such as business, economics, and research.
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.
Which type of analysis do businesses utilize when making decisions among various projects?
Benefit-cost analysis
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.
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 are the different approaches in policy analysis?
Some common approaches in policy analysis include cost-benefit analysis, comparative analysis, stakeholder analysis, and scenario planning. Cost-benefit analysis assesses the economic impact of policies, while comparative analysis looks at similar policies implemented in different contexts. Stakeholder analysis identifies and evaluates the interests of individuals and groups affected by the policy, and scenario planning considers multiple possible future outcomes of policy decisions.
What kinds of decisions result from using cost benefit analysis?
an outcome with benefits that are greater than the costs
What describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
