The Five Steps for Cost Benefit Analysis include:
1. Specify the possible options for action
2. List all possible outcomes
3. Determine probability of each outcome
4. Assign a value to each outcome
5. The sum of the values times probabilities for each option is the expected value of that option.
Production, implementation, and failure are all costs involved in making a decision.
Speedy results, saving energy, saving time and/or money, sense of achievement, raising of morale and/or confidence are all benefits involved in making a successful decision.
Is this question even remotely related to your syllabus??
Answer: Asia
Explanation:
Where did US military officials expect the Japanese to attack <u>Asia</u>
its c because a command economy makes the decisions for the store owners/businesses
Answer:
Answers: one; another. This is an important distinction. Different governments have a different reason to tackle the same public problem.
Explanation:
Even though the problem could be the same, the governments usually respond to their citizens believes, cultural traditions and history and every case are unique. Therefore the WHY consider different reasons. The HOW is more related to available resources and capabilities. Different governments have different stock of resources and skills to tackle the same public problem, therefore, the implemented solution could have unique traits. As a summary, WHY are linked to citizen preferences, cultural traditions or history, and HOW are related to available resources and capabilities
