ROI is a term that has a wide range of applications and can be applied to a variety of scenarios.
In a nutshell, it applies to the return on your investment.
It’s important to note that this investment doesn’t just apply to money. It may also be a time, or effort investment.
Businesses frequently use ROI to determine how much money they earned based on the amount of money they invested.
A student can also calculate the return on investment (ROI) of a particular course.
As an investor, the return on investment (ROI) is the sum of income you make from the money you put in directly.