Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
"Rotation in office", spoils system
Return On Investment
A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.
Profit Margin
A ratio or percentage that measures the profitability of a business, calculated by dividing net income by revenue.
Investment Center
A segment or area of a business responsible for its own revenues, expenses, and investment in assets, often evaluated on its return on investment.
Authority
The ability or prerogative to issue commands, decide on matters, and compel adherence.
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