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)
Synonyms:
return on investment
Definition of "ROI" by Chat GPT: "ROI" stands for Return on Investment. It is a financial metric used to evaluate the profitability of an investment relative to its cost. ROI is calculated by dividing the net profit of an investment by the initial cost of the investment, and is often expressed as a percentage. A higher ROI indicates a more profitable investment.
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