{"id":8118,"date":"2018-12-13T10:30:43","date_gmt":"2018-12-13T05:00:43","guid":{"rendered":"http:\/\/innoroo.com\/blog\/?p=8118"},"modified":"2018-12-13T09:51:45","modified_gmt":"2018-12-13T04:21:45","slug":"cost-benefit-analysis","status":"publish","type":"post","link":"https:\/\/innoroo.com\/blog\/2018\/12\/13\/cost-benefit-analysis\/","title":{"rendered":"Cost-Benefit Analysis"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Definition:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A cost-benefit analysis is a process businesses use to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action. Some consultants or analysts also build the model to put a dollar value on intangible items, such as the benefits and costs associated with living in a certain town, and most analysts will also factor opportunity cost into such equations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further Reading<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cToyota Kata\u201d by <\/span><span style=\"font-weight: 400;\">Mike Rother<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Definition: A cost-benefit analysis is a process businesses use to analyze decisions. The business or analyst sums the benefits of a situation or action and then subtracts the costs associated with taking that action. Some consultants or analysts also build the model to put a dollar value on intangible items, such as the benefits and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":8120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[102],"tags":[1671,1665,1664],"class_list":["post-8118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-glossary","tag-cost-benefit-analysis","tag-mike-rother","tag-toyota-kata"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/innoroo.com\/blog\/wp-content\/uploads\/2018\/12\/Cost-Benifit-Analysis.png?fit=750%2C410&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8Rui8-26W","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/posts\/8118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/comments?post=8118"}],"version-history":[{"count":1,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/posts\/8118\/revisions"}],"predecessor-version":[{"id":8121,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/posts\/8118\/revisions\/8121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/media\/8120"}],"wp:attachment":[{"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/media?parent=8118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/categories?post=8118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/innoroo.com\/blog\/wp-json\/wp\/v2\/tags?post=8118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}