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In which situation is cost-benefit analysis especially necessary before adopting technology?

Answer and explanation

Correct answer: When technology is costly and benefits are expected in the long term

Costly technology requires evaluation of investment and future benefits. In exams, link technological decisions with financial prudence.

Related tags

Business-EnvironmentTechnological-EnvironmentHardClass-12Technological EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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