quotKPIquot Explained Business Terms for Techies π
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Definition of KPI (Key Performance Indicator): A measurable number used to track success. These quantitative numbers or metrics can come from someone filling out a form, records and reports, customer feedback, production logs, analytics, and more. • Example #1: A construction project manager is keeping track of important KPIs like project milestones, resource utilization, and project financials in order to have a successful project. • Example #2: A car company setting KPI goals for its factories and vehicles to decrease emissions. The KPIs would then be tracked and reported on. • Sentence #1: As part of the employee evaluation process, the HR department considers individual KPIs related to productivity, quality, and teamwork. • Sentence #2: The marketing team's KPI for this quarter is to increase website traffic by 20%. • Your Turn! Use KPI in a real-world sentence below, and I'll verify or correct every single one! ππ • #allbusinessbasics #shorts #businesstips #businessskills #businesslearning #businessterm #definition #kpi • Definition of KPI. What does KPI mean? Use KPI in a sentence. Definition of Key Performance Indicator. What does Key Performance Indicator mean? Use Key Performance Indicator in a sentence. KPI explained. KPI meaning in English. KPI description.
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