The Purpose of Establishing a Desired Rate of Return on Investment

question 53

True/False

The purpose of establishing a desired rate of return on investment is to set a point below which the best alternative will be considered acceptable.

---

Definitions:

Sustainability

The practice of maintaining processes or states over time in a way that avoids depleting resources or causing ecological balance to suffer.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate objectives, align business activities to the vision and strategy, and monitor performance against strategic goals.

Strategic Priority

A focus on long-term goals that are deemed most important for an organization’s success and allocation of resources.

United States Environmental Protection Agency

A federal agency tasked with protecting human health and the environment by enforcing regulations based on laws passed by Congress.