A company has a goal of increasing revenue from social media sites by 15% in...

The company is trying to calculate the Return on Investment (ROI) from their social media efforts. ROI measures the profitability of an investment and is calculated by comparing the net profit to the initial cost of the investment. In this case, the company is looking at the costs of paid advertising and internal resources (investments) against the revenue generated from social media platforms (return). By tracking sales orders and conversion data, the company can determine how much revenue is attributable to their social media campaigns and whether the investment is yielding a positive return