Cost/benefit analysis
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Cost/benefit analysis is evaluates strategic projects, especially in the public sector, where an element of unquantified public service beyond commercial profit may be involved. It attempts to quantify the broader social benefits to be derived from particular strategic initiatives.
Definitions
According to the Corporate Strategy by Lynch (4th edition),
- Cost/benefit analysis. Evaluates strategic projects, especially in the public sector, where an element of unquantified public service beyond commercial profit may be involved. It attempts to quantify the broader social benefits to be derived from particular strategic initiatives.
