Mastering KPIs
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Questions and Answers

Which of the following best describes Key Performance Indicators (KPIs)?

  • Measurable values used to evaluate progress and performance (correct)
  • Subjective opinions about organizational goals
  • Quantifiable data used for financial reporting
  • Qualitative measures of employee satisfaction
  • What is the purpose of using KPIs?

  • To create accountability and responsibility
  • To assess performance and progress towards goals (correct)
  • To align employees with strategic objectives
  • To enable real-time decision-making
  • How do KPIs help with decision-making?

  • By aligning employees with strategic objectives
  • By providing real-time insights into what's working and what's not (correct)
  • By setting subjective performance targets
  • By creating accountability and responsibility
  • What is the role of KPIs in creating accountability?

    <p>KPIs create accountability and responsibility</p> Signup and view all the answers

    Why are KPIs important for performance assessment?

    <p>KPIs provide a clear and objective way to assess performance</p> Signup and view all the answers

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