Conduct a cost-benefit analysis using a template, and explain the concept of opportunity cost and how a cost-benefit analysis aligns with organizational needs. Recommend a plan of action based on the cost-benefit analysis. 

Use this template to complete the assessment.

  • What are the differences between variable and fixed costs? How do these affect financial forecasting?
  • What is the purpose of a cost-benefit analysis?

Additional Requirements

  • Include a title page and reference page for Part 2.
  • Number of pages: 3–4, not including the title page and reference page (Part 2 only).
  • At least two current scholarly or professional resources (Part 2 only).
  • APA format for citations and references used in Part 2.
  • Times New Roman font, 12 point (Part 2).
  • Double-spaced (Part 2).
Cost-Benefit Analysis