This question is about cost benefit analysis.

What is the purpose of cost-benefit analysis?

By Zippia Team - Dec. 7, 2022

The purpose of cost-benefit analysis is to determine whether or not the benefits of a project will outweigh its costs. This is useful for a variety of business decisions.

Although this process has its limitations, it can help companies minimize the risk of taking on projects that will cost more than they'll return.

What is the purpose of cost-benefit analysis?

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