what is the full form of CBR and define also ... plzzz
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Answer: It is related to chemistry
Full form of CBR is constant burette reading
Definition of CBR means 0ut of three reading ,two reading must be constant
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Cost-Benefit Ratio is the full form of CBR and the explanation of this ratio is given below:
- CBR is a financial ratio that organizations use regularly to calculate whether the project is feasible or not.
- The cost-benefit ratio takes into account all the expenses that the organization will have to meet up with to complete the project.
- In a similar way, the organization calculates all the monetary benefits that the organization will get if it goes through with the project.
- Analyzation of the prospects of the project by using the cost-benefit ratio is very helpful for the organization as the organization comes to know whether the project will be feasible or not beforehand.
- When there is a constraint of a budget for the organization using this type of analysis can determine whether the project will be within their budget or not.
- Not only does this ratio helps in business but this is useful also for calculating the steps taken for climate change.
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