This paper examines how
cost benefit analysis refers to the method by which organizations assess the outcome of various
actions or projects and how it has often been projected as a useful
measurement tool that allows accurate measurement of possible benefits, which are then compared with the costs to be incurred. It looks at how the tool is widely used by the
corporate sector for business
research. It summarizes one article in connection with cost benefits analysis in business research and sees how it can be applied in an organization or in personal lives. Jennifer Giacin, BS, CSA, in her article, "Cost Benefit Analysis and Business Research", discusses the increasing use of cost benefit analysis in the corporate sector, especially in the area of training programs, and also touches upon the merits and demerits of such actions.