_____ involves considering the potential gains and losses associated with each decision option.
- Risk Management
- Cost-Benefit Analysis
- Pros and Cons Evaluation
- Risk Assessment
Cost-benefit analysis is a decision-making technique that involves evaluating the potential gains and losses associated with each decision option. By comparing the costs and benefits of different alternatives, individuals or organizations can make more informed decisions. Hence, the correct answer is "Cost-Benefit Analysis."
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