The Formula for Cost Effectiveness Analysis Is

question 2

Multiple Choice

The formula for cost effectiveness analysis is

• A) Benefit ($)/Cost ($)
• B) Cost ($)/Benefit ($)
• C) Benefit (non-monetary)/Cost ($)
• D) Cost ($)/Benefit (non-monetary)
• E) Cost (non-monetary)/Benefit (non-monetary)

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Definitions:

Solo Individuals

Refers to single persons functioning independently from groups or collectives in a social or professional setting.

Duration

The length of time that something continues or exists.

ODDI Process Model

Stands for Orientation, Disintegration, Reorientation, and Integration, a model describing the stages of adapting to change or resolving conflicts within groups.

Group Decision Making

The process by which a group of individuals arrive at a decision collectively.