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Differentiate Between Cost-Benefit Analysis and a Cost-Effectiveness Analysis

question 3

Essay

Differentiate between cost-benefit analysis and a cost-effectiveness analysis.


Definitions:

Intangible Assets

Non-physical assets possessed by a business, such as patents, trademarks, and goodwill, which can generate economic benefit.

Cash Flow

The total amount of money being transferred in and out of a business, especially as affecting liquidity.

Assets

Economic resources or owned valuables that an individual, company, or country possesses, which are expected to provide future benefits.

Dividends

A corporation allocates a segment of its profits to its shareholders in the form of payments, distributing its earnings among them.

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