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Cost Benefit Analysis (CBA) is a business evaluation tool that compares the cost of a project or decision with its potential benefits to determine if it is feasible or has a positive return. It's a quantitative tool that provides a monetary value for costs and benefits, making it easier to compare different projects or decisions.
Other business evaluation tools include SWOT Analysis, which assesses the strengths, weaknesses, opportunities, and threats of a project or business. Unlike CBA, SWOT is a qualitative tool that doesn't provide a monetary value.
Another tool is the Return on Investment (ROI) analysis, which calculates the percentage return on a particular investment. Unlike CBA, it doesn't account for the cost and benefits over time.
Each tool has its own strengths and weaknesses and is used in different situations. It's important to choose the right tool based on the decision or project at hand.
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If you are in doubt about a certain decision, a potential project or particular changes your venture is about to undergo, you need a reliable evaluation tool. Our presentation empowers you to get the most out of every proposal and idea, identify the highest and most optimal return on an investment based on the cost, resources and risks involved and make data-driven, precise decisions.
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When in doubt about a decision, a potential project or changes to a venture, you need a reliable evaluation tool. Our Cost-Benefit Analysis presentati...
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