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KPI (Key Performance Indicator)
A measurable value that demonstrates how effectively a company is achieving its key business objectives.
Implications
(Same as Key Performance Indicators (KPIs) above) A specific, measurable metric used to assess the performance of an individual, team, or organization against defined goals, often used to monitor progress, drive accountability, and guide decision-making.
Example
Example: A sales manager tracks KPIs such as monthly sales targets, customer satisfaction scores, and lead conversion rates to evaluate the performance of the sales team and identify areas for improvement.
Related Terms
Same as above.
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