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We Want To Retain Control, Even When Using AI To Make Decisions

The Horizons Tracker

The study involved over 1,000 participants who were presented with a series of scenarios pertaining to online dating and stock market investments. This suggests that people are not necessarily afraid of algorithms, but that for many people, this is yet another cost-benefit analysis.”

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HR Cost Cutting Measures to Trim the Fluff

HR Digest

Use technology to do the tasks— online marketing, cutting client interactions, face to face meetings through teleconference and email. The goal of any cost-cutting exercise should be to eliminate any task whose cost of doing it exceeds the business value it provides. Cut down on duplication of processes.

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs? What if the costs exceed projections, and the benefits fall short of projections? What would your family think of your decision?

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Should You Offer Different Prices for Cash and Credit?

Harvard Business Review

This is part of the HBR Insight Center Marketing That Works. While the outcome of a cost-benefit analysis on offering lower cash (vs. I use my credit card to pay for everything. Regardless of whether I am buying a $2,000 washer/dryer set or a $4 latte at Starbucks, I never use cash.

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Learning from Microfinance's Woes

Harvard Business Review

To make a judgment, a comparative cost-benefit analysis would be necessary. And we couldn't throw in the benefit of poverty-reduction as a mitigating factor since that doesn't seem to be happening. I left the discussion feeling defeated and fearful.

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Don’t Talk Yourself Out of Trying a Second Career

Harvard Business Review

Technical support can become marketing; marketing can turn into human resources; back office managers move to the front office and the other way around. Since they are starting “late,” they believe they should do a cost benefit analysis to see if their reorientation is “worth it.”

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The Skills Gap That's Slowing Down Your Career

Harvard Business Review

But excuses like those don't matter in tight job markets where there are plenty of people out there looking for jobs — and with the right credentials for those jobs. If your speed bump is a lack of the right skills, it helps to first do a quick cost/benefit analysis to see if investing in an upgrade will be worth it.

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