The LOP full form is “Loss of Pay.” It refers tothe permitted absence of an employee from work despite utilizing all the paid leaves to his/her credit. For such excess leaves, the salary is not usually paid. Loss of Pay is usually accounted for based on the calendar days, and mostly...
Return on investment, or ROI, is a mathematical formula that investors can use to evaluate their investments and judge how well a particular investment has performed compared to others. An ROI calculation is sometimes used with other approaches to develop a business case for a given proposal. The...
OEE is a measurement of how well a manufacturing operation is utilized (facilities, time, and material) compared to its full potential during the periods when it is scheduled to run.
What is ROI in marketing? Learn how to determine and measure the return you get from investing in marketing campaigns.
Customer churn is the number of customers that walk out of the door in a given period. It includes customers who moved over to the competition and the ones who terminated the services or stopped purchasing the product from you. In its simplest form,customer churn rateis the percentage of peo...
On the other hand, with digital marketing, you can measure the ROI of pretty much any aspect of your marketing efforts. Here are some examples: Website Traffic With digital marketing, you can see the exact number of people who have viewed your website's homepage in real time by using dig...
What is ROI? ROI stands for Return on Investment. This is ameasure of profitabilityused to determine if an investment in your business is efficient. It takes into account the initial profits or losses of an investment in regards to its initial cost. Considering the ROI will help you determine...
Earned media is things like reviews and social media shares that amplify trust and credibility through organic recognition. Each media type can be part of your marketing strategy, contributing unique strengths to help businesses grow. But when it comes to driving ROI, how do ...
Understanding how to encourage & build brand loyalty could mean the difference between meeting/missing your revenue targets. Learn how here.
Throughput analysis is also a form ofcapital budgetinganalysis, aiding companies in choosing which projects to undertake. Using throughput analysis, the entire company may be viewed as a single process. How to Increase Throughput Increasing throughput and decreasing throughput time are important goals fo...