N2DTL5-4
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It is important to measure of individuals and against objectives at regular so that appropriate and improvements can be made.
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It is important to measure performance of and individuals. It enables all to see how well the organisation is against the agreed goals and and allows changes and to be made to as appropriate. The managers are for reporting on progress to internal .
What does ‘KPI’ stand for?
Key Progress Information
Key Performance Indicators
Key Performance Information
Key Progress Indicators
Match the words on the left with the items on the right.
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Operational
Economic value
Accounting
How much is someone willing to pay?
Has the company been successful in achieving goals?
How much time and money is spent on activities?
Business performance can be measured by collecting and evaluating data. Which two of the below does this include?
Customer contact details
List of suppliers
Financial results
Customer satisfaction
Staff holiday tracker
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