Discuss how cost-benefit analysis could be used in the organization you currently work in and/or an organization you previously worked in or have knowledge of. Give a brief (no more than two sentence summary of what the organization does), and then describe a policy issue the organization could look at using cost-benefit analysis. Move then to the steps the organization would take to complete the cost-benefit analysis, and provide three examples of categories of the costs and three examples of categories of the benefits of the policy issue. What criteria should the organization use to select the policy option it should implement.
SAMPLE SOLUTION
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Write My Essay For MeWhat The Organization Does
The organization that I have previously worked for was called Custom Graphic Works which was involved in creating visual concepts both by hand and computer software in order to communicate global ideas which could be marketed online to different consumers. Based on best branding strategies, the organization which had just operated for one year before my joining had started to expand.
Policy Issue
While I was in the organization, only three designers were employed full time against the expanded market needs that had caused sales to exceed the target. The owner of the company was considering to increase the capacity in order to meet the new demands. The idea therefore was to hire more designers as well as lease more office space…
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