GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Staff Turnover
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Percentage of Market Share
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Benchmarking
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Net Profit
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Detailed explanation-1: -Benchmark KPIs are the key performance indicators that determine your business’s success. While KPIs indicate a broader term, benchmark KPIs are specific and give your company goals and metrics to compare your overall progress and performance.
Detailed explanation-2: -Most CEOs, CFOs, and financial analysts will tell you that revenue is a KPI (it’s really not), second only to profit (which is also not a KPI).
Detailed explanation-3: -Types of KPIs Quantitative indicators that can be presented with a number. Qualitative indicators that can’t be presented as a number. Leading indicators that can predict the outcome of a process.
Detailed explanation-4: -Customer Satisfaction, Internal Process Quality, Employee Satisfaction, and. Financial Performance Index.