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- Key Performance Indicators (KPIs) are used to12:
- Measure a company’s success against targets, objectives, or industry peers.
- Can be financial, such as net profit, revenues, or current ratio.
- Focus on per-customer efficiency, customer satisfaction, and customer retention.
- Support strategy and help teams focus on what’s important.
- Metrics measure everyday business activities that impact outcomes but are not the most critical measures.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Key Takeaways
- Key performance indicators (KPIs) measure a company’s success vs. a set of targets, objectives, or industry peers.
www.investopedia.com/terms/k/kpi.aspHere’s a quick explanation:
- KPIs are the key targets you should track to make the most impact on your strategic business outcomes. KPIs support your strategy and help your teams focus on what’s important. ...
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