Examlex
Which one of the following is the BEST description of the purpose of the service operation stage of the service lifecycle?
Return On Investment
A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) by the cost of the investment.
Training Evaluation
The process of assessing the effectiveness of a training program, often using criteria such as learner satisfaction, learning achieved, and behavior change.
Break-Even
The point at which total costs and total revenue are equal, leading to no net loss or gain for a business.
Effect Size
A quantitative measure of the strength of a phenomenon or the magnitude of a difference between groups in research.
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