Question

cost benefit analysis is similar to which of the following?

Answer 1

Answer:Making a decision by listing pros and cons

Explanation:

Answer 2

Answer:

To find out the strengths and weakness in order to determine the options with the best approach.

Explanation:

• CBA is a benefit-cost analysis of a systematic approach to achieving the benefits while preserving savings.

• Has the two application as to determine the decision is sound and provides a basis for the comparison and being a cost-effective analysis that expresses the monetary terms and ranking of the alternative policies in terms of the cost-benefit ratios.

• Process is by defining the goals and objective and then defining the alternative actions and listing the stakeholders.