Unlike for-profit organizations, which operate with the purpose of increasing owner value, nonprofit organizations focus their efforts on carrying out their particular missions. Some nonprofits ...

IT cost/benefit analysis: Why it matters and how to do it right Your email has been sent Calculating the costs and benefits of an IT project is challenging, to say the least. Here's why it's worth ...

A cost analysis involves the process of reporting separate elements in a cost proposal, such as labor, equipment and materials that make up a product or service, as well as its proposed profit. It is ...

When it comes to making decisions, a business has a lot of considerations to take into account. The main strategy employed by businesses (and even individuals) to make decisions is cost benefit ...

Understand the differences between tangible and intangible costs in business, including definitions, examples, and impacts on operations and decision-making.

Learn about friction cost to make better informed decisions: its implications in investments and loans, and how it helps assess the true cost of financial transactions.

School decision-makers are often faced with making choices amongst a variety of educational programs to serve their students. What criteria should apply in making such decisions? First, the ...

Schools are increasingly turning to cloud technology, evidenced by the projected growth of the K–12 cloud computing market, which is expected to reach more than $51 billion through 2028, according to ...

When an investor is analyzing and comparing options, opportunity cost reflects the potential benefits that the investor gives up by electing against some of the options. Read on to learn about the ...

Michelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a ...