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Topic: Social Issues
Number of pages / Number of words: 3 / 720
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In this case, a value must be put on human life or the environment, because of all the catastrophes Kava and its inhabitants have recently experienced. Cost-benefit calculations typically involve using time value of money formula. The accuracy of the outcome of a cost-benefit analysis is dependent on how accurately costs and benefits will be estimated (Wikimedia, 2006)...


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The accuracy of the outcome of a cost-benefit analysis is dependent on how accurately costs and benefits will be estimated (Wikimedia, 2006). Another challenge for Alex and Nik in doing the cost-benefit analysis comes from determining which costs should be included in the analysis. This could be controversial as some managers within the Wal-mart organization or interest groups may feel that some costs should be included or excluded from the study...


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