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Business Benefit

The positive impact or value a project delivers to the client�s business.

Implications

The positive outcomes or advantages gained from a business initiative, investment, or strategy, often measured in terms of financial performance, efficiency, or competitive advantage.

Example

Example: Implementing a new CRM system provides the business benefit of improved customer retention and increased sales through better customer management.

Related Terms

Different from business value, which includes both tangible and intangible benefits, business benefit focuses on specific, measurable outcomes.

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COUNTRIES COVERED

Japan

South Korea

China

Taiwan

Vietnam

Thailand

Indonesia

Malaysia

Singapore

Australia

Philippines

Cambodia

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