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English definition of “cost-benefit analysis”

cost-benefit analysis

noun [C or U]     ( abbreviation CBA)
ECONOMICS the process of comparing the costs involved in doing something to the advantage or profit that it may bring: The cost-benefit analysis found that employing apprentices can save a company up to 15% in labour costs on large-scale projects.
(Definition of cost-benefit analysis noun from the Cambridge Business English Dictionary © Cambridge University Press)
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