Examlex
Which of the following is the first step in the decision-making process?
BCR
Benefit-Cost Ratio, a numerical expression comparing the benefits of an action or project to its costs.
Technical Skills Certificate Program
A formal recognition of an individual's competence and proficiency in specific technical or vocational skills, usually acquired through a short-term educational or training process.
Cost Effectiveness
A measure of how effectively resources (money, time, effort) are used to achieve a desired outcome or goal.
Technical Skills Certificate Program
A structured education program focused on teaching specific technical skills, often leading to certification.
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