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Questions and Answers
Which of the following best describes Key Performance Indicators (KPIs)?
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?
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?
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?
What is the role of KPIs in creating accountability?
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Why are KPIs important for performance assessment?
Why are KPIs important for performance assessment?
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