Final answer:
OIROI is a financial measurement that assesses efficiency and profitability of an investment by comparing the operating income to the initial cost of the investment.
Step-by-step explanation:
The acronym OIROI stands for Operating Income Return on Investment. Essentially, this is a measure used in finance to evaluate the efficiency of a given investment. In addition to efficiency, this ratio also gauges the profitability of the investment. It does so by comparing the operating income/earnings before interest and taxes (EBIT) to the initial investment cost. Hence, you can think of OIROI as a tool used in finance to assess both the efficiency and profitability of investments.
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