Understanding the intricacies of Return on Investment (ROI) can significantly enhance your business decision-making process.

Return on investment (ROI) and internal rate of return (IRR) are two important metrics used in evaluating investments.

Finally, the cost of delaying or not pursuing AI is an important consideration indirectly tied to ROI. By not acting now to integrate AI into your organization, you risk falling behind competitors.

In contrast, Ferrie’s true ROI includes factors such as job satisfaction, quality of life and opportunity cost. The relative importance of each form of ROI varies by operator. “For example ...