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cost-benefit analysis

/ˈkɒst ˈbɛnɪfɪt əˈnæləsɪs/

1 entry

phrase

/ˈkɒst ˈbɛnɪfɪt əˈnæləsɪs/C1formalbusiness
  • ruСистематический процесс, используемый в бизнесе и экономике для оценки сильных и слабых сторон альтернатив путем сравнения общих ожидаемых затрат с общими ожидаемыми выгодами от решения или проекта.

A systematic process used in business and economics to evaluate the strengths and weaknesses of alternatives by comparing the total expected costs against the total expected benefits of a decision or project.

  1. Economic evaluation methodB2formal

    A systematic process used to compare the costs and benefits of a decision, project, or policy to determine its feasibility or value.

    ruМетод экономической оценки

    • The company conducted a cost-benefit analysis before launching the new product.
    • A cost-benefit analysis showed that the renovation would save money in the long run.
    • The government used a cost-benefit analysis to evaluate the new highway project.