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The Return on Investment Is Usually Considered the Most Popular

question 10

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The return on investment is usually considered the most popular approach to incorporating the investment base into a performance measure because:


Definitions:

Strategy

Strategy refers to a plan of action designed to achieve a long-term or overall aim.

Chain of Command

The formal line of authority within an organization, showing how orders flow from top management down to lower levels of employees.

Competitive Advantage

A distinct characteristic or group of characteristics giving an organization the advantage over its competition.

Streamline

Simplifying procedures or methods to increase efficiency and reduce complexity or waste.

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