What Is the Most Fundamental Drawback of Having Cost-Benefit Analyses

question 8

Multiple Choice

What is the most fundamental drawback of having cost-benefit analyses serve as the basis for ethical decisions in business?

• A)Some things do not really have value.
• B)A determinate value must be placed on things that have incalculable value.
• C)Cost-benefit analyses are time-consuming and require specialized skill.
• D)Cost-benefit analyses require a commitment to consequentialism.

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Definitions:

Net Income

The amount of earnings after subtracting all costs and expenses from revenue, including taxes and other deductions. Representing a company's profit over a specified period.

Monthly Weighted

Refers to averaging or aggregating financial or statistical measures over a month with differing weights applied to the data points, taking into account their relative importance or volume within that period.

Admittance

Refers to the permission granted for entry into a system or location, or in electrical engineering, it’s the measure of how easily an alternating current flows through a conductor.

Partnership

A legal arrangement between two or more parties who agree to do business together and share its profits and losses.