Explain cost/benefit analysis and discuss how it is used in internal assessments. When is cost/benefit analysis most useful and least useful in an internal assessment?© BrainMass Inc. brainmass.com December 15, 2020, 11:25 pm ad1c9bdddf
Cost benefit analysis means comparing the total costs of a decision compared with the total expected benefits of the decision. A new decision or new initiative is taken in an organization if total benefits outweigh total costs. Cost benefit analysis is most useful ...
This solution discusses cost benefit analysis in internal assessment.