ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
Question
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Amount earned on the cost of making and selling a product/service
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ROI
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GDP
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CPI
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Market Share
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Explanation:
Detailed explanation-1: -ROI is generally defined as the ratio of net profit over the total cost of the investment. ROI is most useful to your business goals when it refers to something concrete and measurable, to identify your investment’s gains and financial returns.
Detailed explanation-2: -What is ROI in Customer Service? As is typical, ROI or return on investment is what you gain from what you invest. In the case of ROI in customer service, it’s the return you get from investing time and resources in helping customers when they’re stuck before and after the purchase.
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