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In Business / College | 2025-07-04

Which steps are part of doing a cost-benefit analysis? Select three options.

predicting costs
identifying outcomes
comparing costs
calculating costs
delaying decisions

Asked by jamiejohnson0780

Answer (2)

The essential steps in a cost-benefit analysis are predicting costs, identifying outcomes, and comparing costs. These steps help evaluate whether a decision or investment is worth pursuing based on the expected financial impact. The analysis aids individuals or organizations in making informed choices by balancing potential gains against potential expenses.
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Answered by Anonymous | 2025-07-04

In a cost-benefit analysis, crucial steps include predicting costs, identifying outcomes, and comparing costs. This process helps evaluate the potential financial implications of different decision-making options. By assessing both costs and benefits, one can make informed choices that maximize value. ;

Answered by GinnyAnswer | 2025-07-04

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