<em>The process of making decisions for organizations, institutions, enterprises, and even individuals.</em>
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Explanation:
This is called a cost-benefit analysis it allows you to know the repercussions of a specific action or a specific set of actions (strategy), and after you know the repercussions, it allows you to adapt those actions or develop new paths, strategies, and actions in order to meet the objectives that you set, it can be critical for making the right decisions.