cost-benefit analysis Synonyms
No Synonyms and anytonyms found
cost-benefit analysis Meaning
cost-benefit analysis (n)
an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs
cost-benefit analysis Sentence Examples
- Before implementing the new project, the company conducted a thorough cost-benefit analysis to assess its viability.
- Cost-benefit analysis is a decision-making tool used to evaluate the potential benefits of an action against its costs.
- The government conducted a cost-benefit analysis to determine whether the proposed infrastructure project was worth the investment.
- Cost-benefit analysis helps organizations make informed decisions by weighing the advantages and disadvantages of various options.
- The cost-benefit analysis revealed that while the initial investment was high, the long-term benefits outweighed the costs.
- In environmental policy, cost-benefit analysis is often used to evaluate the impact of regulations on businesses and society.
- Economists use cost-benefit analysis to compare different policy interventions and identify the most efficient solutions to societal problems.
- Cost-benefit analysis considers both tangible and intangible factors, such as environmental impact and social welfare.
- The cost-benefit analysis indicated that the proposed changes would result in significant savings for the company over time.
- Before making any major financial decision, it's essential to conduct a thorough cost-benefit analysis to ensure optimal outcomes.
FAQs About the word cost-benefit analysis
an analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs
No synonyms found.
No antonyms found.
Before implementing the new project, the company conducted a thorough cost-benefit analysis to assess its viability.
Cost-benefit analysis is a decision-making tool used to evaluate the potential benefits of an action against its costs.
The government conducted a cost-benefit analysis to determine whether the proposed infrastructure project was worth the investment.
Cost-benefit analysis helps organizations make informed decisions by weighing the advantages and disadvantages of various options.
