M6 – Class 1 – ROI, or return on investment,
ROI, or return on investment, is a common term used in business planning. We want to know whether or not an investment in a project is financially worthwhile or not.
We use ROI to determine whether or not to go forward with the project.
Explain what ROI is and how it is calculated. Explain in both dollar terms and in percentage terms.
Present an example of where you would use ROI for a project and how it would be used.