Why do managers want a high ROI, and how would they strive to increase their ROI?
Question:
Why do managers want a high ROI, and how would they strive to increase their ROI?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
Managers want a high return on investment ROI because it is a key indicator of the efficiency and profitability of their business activities ROI measures the ratio of net profit or gain to the cost of ...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Hi there , I need help. for my work i need a relevant and well written introduction as well as conclusion to the following below. My work is complete i just need a introduction and conclusion please...
-
Job descriptions: In determining who will be responsible for what duties, you are to compile a Job description for the Assistant Front Office Manager, The Front Desk Agent, The Reservations Agent and...
-
Discuss why marketing management is important to an organization, and how corporate and business strategy analysis gives an organization a competitive advantage.
-
Given the following, calculate net sales: Gross Sales .............$38 Sales Returns and Allowances ..... 12 Sales Discounts .......... 3
-
The local atmospheric pressure in Denver, Colorado (elevation 1610 m), is 83.4 kPa. Air at this pressure and 20°C flows with a velocity of 8 m/s over a 1.5 m à 6 m flat plate whose...
-
Defendant Kenneth Blake was married to Charlene Hinton-Blake, who died in 2012. Three of Hinton-Blakes sisters, including Yvonne Hinton, assisted her with day-to-day care during a four-year period of...
-
The following audit procedures were performed in the audit of inventory to satisfy specific balance-related audit objectives as discussed in Chapter 6. The audit procedures assume that the auditor...
-
35. Expandiendo e sin en serie de Fourier en wt, mostrar que la ecuacin trascendedente de Kepler tiene la solucin formal: = wt+Jn(ne) sin (wt), n=1 n 2 donde J, es la funcin de Bessel de orden n....
-
Though a high ROI is desired, what are some reasons that might lead to a low or decreased ROI?
-
Compare and contrast short- and long-term goals for a company. Give an example of each, and explain why they are important for performance measurement systems.
-
Doctors Smith and Jones, two rival ophthalmologists, plan to enter the market for laser corrective eye surgery in a medium-size community in Illinois. Smith and Jones both utilize the same laser...
-
A JIT system will usually result in a. a low annual holding cost. b. very few orders per year. c. frequent shutdowns in an assembly line. d. high levels of safety stock.
-
The probability of an event occurring given that another event has taken place is a. priory probability. b. empirical probability. c. conditional probability. d. subjective probability. e. none of...
-
A decision tree is preferable to a decision table when a. a number of sequential decisions are to be made. b. probabilities are available. c. the maximax criterion is used. d. the objective is to...
-
In using marginal analysis with the normal distribution, if marginal profit is less than marginal loss, we expect the optimal stocking quantity to be a. greater than the standard deviation. b. less...
-
Why is the annual purchase (material) cost not considered to be a relevant inventory cost if the EOQ assumptions are met? a. This cost will be zero. b. This cost is constant and not affected by the...
-
Jan Leskewitch has approached you for advice on how to record transactions for her company. She has just started an Internet-based business in her basement and is surprised to see that she has a...
-
Determine two different Hamilton circuits in each of the following graphs. A B F G
-
Do you agree with Katzenbach and Smiths key practices that make teams effective? Why or why not? Which of these practices have you personally experienced? Are there any additional practices that you...
-
What are the key differences between a team and a working group?
-
What is the definition of a team?
-
There are three principal arrangements that may be used to provide overdraft protection to a checking account holder: an automatic funds transfer agreement, an automatic overdraft loan agreement, and...
-
Wondergardens Ltd. has several locations throughout Ontario. The company operates amusement parks similar to those such as Six Flags, Universal Studios, Disneyland etc. Wondergardens' mission is to...
-
Product Pricing using the Cost-Plus Approach Methods; Differential Analysis for Accepting Additional Business Digital Displays Inc. recently began production of a new product, flat panel displays,...
Study smarter with the SolutionInn App