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What do you think comprises a cost benefit analysis?

1.What do you think comprises a cost benefit analysis?
2.What is an acceptable level of return on investment? Why?
3.How is decision making improved by data analysis?
4.How do you determine the types and sources of data used in developing the research proposal?

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1.What do you think comprises a cost benefit analysis?

A cost benefit analysis is done to determine how well, or how poorly, a planned action will turn out. Although a cost benefit analysis can be used for almost anything, it is most commonly done on financial questions. Since the cost benefit analysis relies on the addition of positive factors and the subtraction of negative ones to determine a net result, it is also known as running the numbers.

A cost benefit analysis finds, quantifies, and adds all the positive factors. These are the benefits. Then it identifies, quantifies, and subtracts all the negatives, the costs. The difference between the two indicates ...

Solution Summary

A cost benefit analysis is done to determine how well, or how poorly, a planned action will turn out.

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