Asked by
Allyrian Bacon
on Oct 15, 2024
Verified
Return on investment is a useful measure to evaluate the performance of a cost center manager.
Investment Turnover
A measure that shows how frequently investment assets are bought and sold within a given period.
Cost Center
A department or unit within an organization that does not directly add to profit but still incurs costs, such as HR or IT department.
- Comprehend the relevance and application of return on investment (ROI) in evaluating managerial performance.
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Learning Objectives
- Comprehend the relevance and application of return on investment (ROI) in evaluating managerial performance.
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