WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from WordNet

Definitions from the Web

Term: Cost-Benefit Analysis

Description: Cost-Benefit Analysis is a systematic approach used to determine the potential benefits and drawbacks of a project or decision by comparing the costs involved with the expected benefits to assess its overall worth.

Sample sentences:

• When considering whether to implement a new software system, a cost-benefit analysis should be conducted to evaluate its financial feasibility.
• A cost-benefit analysis of building a new factory showed that the long-term benefits outweighed the initial construction costs.
• Before investing in a marketing campaign, it is essential for businesses to conduct a cost-benefit analysis to ensure optimal utilization of resources.
• The government utilized cost-benefit analysis to determine whether upgrading the public transportation system was a worthwhile investment.

Possible related products on Amazon:

Cost-Benefit Analysis Books on Amazon

Cost-Benefit Analysis Software on Amazon

Cost-Benefit Analysis Tools on Amazon