The return on investment of a company is a measure of profitability and efficiency.

Name: The return on investment of a company is a measure of profitability and efficiency.
Brand: Quizplus
Rating: 4.7 (32 reviews)

Question

Quizplus · Accepted Answer

The return on investment (ROI) is a financial metric used to evaluate the profitability and efficiency of an investment or company. It measures the amount of return generated by an investment or business relative to its cost. A higher ROI indicates a more profitable and efficient use of resources. Therefore, the statement is true.

The Return on Investment of a Company Is a Measure