cost-benefit analysis

• Proceso sistemático utilizado en negocios y economía para evaluar alternativas comparando los costos totales esperados con los beneficios totales esperados de una decisión o proyecto.

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.

   análisis de costo-beneficio

   • 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.