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COST-BENEFIT ANALYSIS

(noun)

Definitions

There is 1 meaning of the phrase Cost-Benefit Analysis.

Cost-Benefit Analysis - as a noun

An analysis of the cost effectiveness of different alternatives in order to see whether the benefits outweigh the costs

Hypernyms (Closely Related)
analysis11analytic thinking
Hyponyms (Broadly Related)

Example Sentences

"The company conducted a cost-benefit analysis before investing in the new manufacturing equipment."
"The government used cost-benefit analysis to determine whether building a new highway was worth the expense."
"Before making any major decisions, it is important to undertake a thorough cost-benefit analysis."
"The cost-benefit analysis showed that implementing energy-saving measures would result in substantial long-term savings."
"Many businesses use cost-benefit analysis as a tool for evaluating potential projects or investments."
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