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Explain about the term cost/benefit analyses.
Cost/benefit analyse:
Cost/benefit analysis is the procedure of knowing, and as far as probable quantifying, the costs of responsibility a project and contrasting such along with the advantages expected to flow from this. Senior managers should be convinced which the benefits outweigh the costs for a project to be approved.
What is the conclusion about liberalization? As a conclusion, we can say only that liberalization is superior and desirable but which does not strengthen the case for privatiza
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