Categories: Product Development
Return on investment (ROI) is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. It is one way of considering profits in relation to capital invested. (Source: WikiPedia)
Definition of "Return on Investment" by Chat GPT: Return on Investment (ROI) is a financial metric that is used to evaluate the profitability and efficiency of an investment. It is calculated by dividing the net profit from an investment by the initial cost of the investment, and then expressing the result as a percentage or ratio. ROI is a key indicator for businesses and investors to assess the success of their investments and make informed decisions about allocating resources.
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