Cost-benefit analysis is the estimation of the total equivalent money in terms of benefits and costs to both the community, where this refers to the owners of the projects and to the targeted population if it is worthwhile, Jules Dupuit (1846). In short, Cost-Benefit Analysis…
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By free wifi services, it means that the public should be in a position to access internet service while travelling. Since a great percent of the nation is learned, the government should come up with measures to help them access internet services. This will act in a way to improve knowledge in various market centers for those in business, schools or those planning to do business.
The main situation on ground, is that majority of people in the country begin their days early to work and use public service vehicles. Many are usually bored because they all meet as strangers and find it difficult to start a conversation so as to break monotony and end up silent till they alight from the vehicles. The introduction of wifi will make passengers enjoy their commutation to work.
Most people who use internet services are in business or in school. They need to discover new ways of increasing productivity and try beating the upcoming competition especially for those in business. Free wifi will allow most people after closing their businesses at the end of the day, be able to get new tips of improving their productivity on their way home.
Cost benefit refers to, a systematic analysis that shows an approach in estimating the strengths and weaknesses of alternatives that make transactions, activities or functional requirements for business be considered to be of quality. Thus, David, Ngulube and Dude (2013), go ahead to explain that the technique is used to determine options that give the best approach for a business to be adopted and practiced. The benefits are looked in terms of lab our, time and saving costs.
It will be practical to the free wifi that we are advocating for. In terms of time saving, the business persons will be able to get new tips on ways to improve attraction from customers without having to visit cyber cafes or areas where internet is available during their off days. It will be
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(“Cost benefit analysis report Coursework Example | Topics and Well Written Essays - 2500 words”, n.d.)
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(Cost Benefit Analysis Report Coursework Example | Topics and Well Written Essays - 2500 Words)
“Cost Benefit Analysis Report Coursework Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/macro-microeconomics/1653665-cost-benefit-analysis-report.
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