Give the concept of the following
The cost of achieving a goal, and ultimate the profit that the enterprise makes?
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Mar 14
This concept is known as cost-benefit analysis. It involves evaluating the costs of achieving a goal or completing a project, and comparing them to the potential benefits or profits that will be gained. By conducting a cost-benefit analysis, businesses can determine whether the potential benefits outweigh the costs, and make informed decisions about whether to proceed with a particular project or goal.