What is an approach to estimating the strengths and weaknesses of alternatives used to determine...

Cost-benefit analysis (CBA) is a method used to evaluate the strengths and weaknesses of alternatives to determine the most cost-effective way to achieve benefits while preserving savings. This involves comparing the expected costs and benefits of a decision, ensuring optimal allocation of resources. It is more specific to decision-making than Business Impact Analysis (A), Economic Impact Analysis (B), or Return on Investment (C), which focus on other financial or strategic aspects.