Comparing the costs of implementing an alternative with its expected benefits is called a(n):
A) chart of probabilities.
B) payoff table.
C) cost-benefit analysis.
D) decision matrix.
E) inventory of alternatives.

Question

Quizplus · Accepted Answer

Cost-benefit analysis is the process of comparing the costs of implementing an alternative with its expected benefits, making it the correct choice.

Comparing the Costs of Implementing an Alternative with Its Expected