KPIs are used to evaluate the success of an organization or of a particular activity in which it engages.
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively an organization is achieving its key business objectives.
KPIs are used to evaluate the success of an organization or of a particular activity in which it engages. They can be financial or non-financial in nature, and are typically quantifiable. Some common examples of KPIs include revenue growth, customer satisfaction, and cost of goods sold.
By regularly tracking and monitoring KPIs, organizations can assess their performance, identify areas for improvement, and make informed decisions about how to achieve their goals.
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