Asked by Alexsa irustaacevedo2000 on Sep 29, 2024
Verified
If ROI is 2.0, what does this mean for a training program's utility calculation?
A) that $2 was spent on the program, which should provide a negative $2 in utility
B) that there is a return of $1 for every $2 in utility
C) that $1 was spent on the program for every $2 received as net utility
D) that there is a positive utility result
Utility Calculation
A method for assessing the value or efficacy of a service or product by measuring its usefulness and impact.
ROI
ROI, or Return on Investment, is a financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by the cost of the investment.
Net Utility
The overall value or satisfaction gained from consuming a product or service, after subtracting the costs associated with its consumption.
- Gain an understanding of the multiple strategies for organizing expenses and evaluating the benefits of training endeavors.
Verified Answer
II
Ibnuabas Ibnukemeruabout 10 hours ago
Final Answer :
D
Explanation :
An ROI of 2.0 means that for every dollar spent on the training program, there is a return of $2. Therefore, there is a positive utility result for the program.
Learning Objectives
- Gain an understanding of the multiple strategies for organizing expenses and evaluating the benefits of training endeavors.