In the decision-making process, a cost-benefit analysis is used to:
A) evaluate results.
B) define a problem.
C) implement a decision.
D) generate alternative courses of action.

Question

Quizplus · Accepted Answer

A cost-benefit analysis is used to generate alternative courses of action by evaluating the potential costs and benefits of each option. This helps decision-makers weigh the pros and cons of each alternative and make an informed choice. The other options (evaluating results, defining a problem, and implementing a decision) come later in the decision-making process and may be informed by the results of the cost-benefit analysis.

In the Decision-Making Process, a Cost-Benefit Analysis Is Used To