Final answer:
ROI (Return on Investment) is a crucial financial metric for assessing performance efficiency and returns in organizations.
Explanation:
ROI (Return on Investment) is a financial metric commonly used in performance measurement. It helps organizations evaluate the efficiency of investments made and indicates the returns generated relative to the cost.
For example, organizations analyze the ROI of employee training to assess the impact on job performance, employee engagement, and alignment with organizational goals.
Measuring ROI allows companies to make informed decisions regarding resource allocation and strategies for maximizing profitability.
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